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Sidley Austin LLP


Debt Restructurings and Indenture Amendments in Light of Recent Trust Indenture Act Cases: White Paper Guidance for Required Legal Opinions

USA - April 25 2016 Recent judicial decisions have interpreted Section 316(b) of the Trust Indenture Act of 1939 (the TIA) as prohibiting amendments to an indenture that

High Court rules on meaning of 'deliberate non-disclosure'

United Kingdom - April 26 2016 The High Court has interpreted the phrase 'deliberate non-disclosure' to require dishonesty on the part of the insured. Mutual Energy Ltd v Starr

Court Holds That Relator’s Review of Disclosure Statement to Prepare for Deposition Results in Limited Waiver

USA - April 22 2016 A qui tam relator’s disclosure statement may be discoverable if it is used to refresh the relator’s recollection for a deposition or other testimony

South Korea Enacts Stricter Penalties for Data Protection Violations by Telecommunications and Online Services Providers

South Korea - April 22 2016 South Korea has enacted stricter penalties for violations of data protection or privacy requirements by telecommunications and online service

Fourth Circuit Affirms Duty to Defend Online Data Breach Allegations

USA - April 25 2016 In Travelers Indemnity Company of America v. Portal Healthcare Solutions, LLC, No. 14-1944 (4th Cir. Apr. 11, 2016), the U.S. Court of Appeals for

Singapore’s New Risk-Based Approach for Medical Devices Undergoing Corrective Action

Singapore - April 29 2016 As of April 18, Singapore’s Health Sciences Authority (HSA) will adopt a new approach by introducing a risk management process for deciding

April's Notable Cases and Events in E-Discovery

USA - April 27 2016 A Southern District of New York decision in which the court applied the amended version of Rule 37(e) and its inherent authority to sanction

New York enacts higher minimum wage and paid family leave policy

USA - April 27 2016 New York is officially on the $15 minimum wage bandwagon. Governor Andrew Cuomo recently announced that the state's minimum wage will increase from

SFTR Information Statement: EU Securities Financing Transactions Regulation and the Reuse Disclosure Requirement

European Union - April 27 2016 The Securities Financing Transactions Regulation (the SFTR) requires that parties to “reuse arrangements” provide disclosure to their counterparties

Health and Human Services Outlines Updated Criteria for Exclusion Authority

USA - April 26 2016 On April 18, the U.S. Department of Health and Human Services Office of Inspector General (OIG) issued a policy statement with new, non-binding