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New York issues opinion on the denomination of assets under Regulation 114 trusts
- McDermott Will & Emery
- -
- USA
- -
- January 14 2009
The Office of the General Counsel of the New York Insurance Department (NYID) issued an opinion dated October 27, 2008, No. 08-10-09 (the Opinion), with respect to assets deposited under a reinsurance trust pursuant to New York Regulation No. 114 (11 N.Y.C.R.R 126
IRS issues revised cost sharing regulations
- McDermott Will & Emery
- -
- USA
- -
- January 12 2009
Taxpayers that have relied on cost sharing arrangements under the 1996 regulations must consider whether and how such reliance will be viable in the future under the new regulations
China releases merger notification guidelines and draft relevant market definition guidelines
- McDermott Will & Emery
- -
- China
- -
- January 12 2009
Parties contemplating cross-border transactions should factor in potential Chinese merger filing requirements early on in the process
New “bring your own device” guidance published by Information Commissioner’s Office
- McDermott Will & Emery
- -
- United Kingdom
- -
- April 15 2013
On 7 March 2013, the Information Commissioner's Office (ICO) published new guidance on "bring your own device" (BYOD), which explains the risks
Bankruptcy Court: parties may not contract around mutuality requirement to circumvent prohibition against triangular setoffs
- McDermott Will & Emery
- -
- USA
- -
- January 14 2009
The decision in In re SemCrude, L.P., et al. prohibiting parties from contracting around Bankruptcy Code section 553’s mutuality requirement may disrupt customary business practices, including those widely used in the energy, natural gas and crude oil markets, because it rules that contracting for cross affiliate netting does not “create” the mutuality required for setoff
ACA guidance on 90-day waiting periods and certificates of creditable coverage
- McDermott Will & Emery
- -
- USA
- -
- April 11 2013
Recently issued Affordable Care Act guidance clarifies the prohibition on waiting periods in excess of 90 days and eliminates the requirement to
Consultation on eight consumer protection directives
- McDermott Will & Emery
- -
- European Union
- -
- February 9 2007
The new European Commissioner for Consumer Protection, Meglena Kuneva, has presented a Green Paper reviewing EU consumer protection rules
Brussels energy brief
- McDermott Will & Emery
- -
- European Union
- -
- January 25 2007
At a briefing in December, Germany's Permanent Representative to the European Union described energy as a "difficult issue" for Germany's Presidency of the European Council in the first half of 2007
Internal market: national debt management platforms come under the competition microscope
- McDermott Will & Emery
- -
- European Union
- -
- February 9 2007
The European Commission has asked national governments to respond to a questionnaire about the ways in which they place the management of their national debt, with a view to determining whether it is now time for alternative platforms to be made available
IRS gives mixed signals on revised exempt-organization annual reporting procedures and Form 990
- McDermott Will & Emery
- -
- USA
- -
- February 5 2007
The Form 990 annual federal income tax return for tax-exempt organizations has undergone significant changes and expansion in the last two years
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