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CFTC issues Proposed Rules regarding the cross-border application of its uncleared swaps margin requirements

USA - July 13 2015 On June 29, 2015, the Commodity Futures Trading Commission (“CFTC”) issued proposed rules (“Proposed Rules”) regarding the cross-border application…

Chrys A. Carey, Julian E. Hammar.

Breaking the ISDA section 2(a)(III) insolvency stalemate

USA - June 30 2014 On 19 June 2014, the International Swaps and Derivatives Association ("ISDA") published an amendment to the ISDA Master Agreement for use in…

Akihiro Wani, Jeremy C. Jennings-Mares, Julian E. Hammar, Peter J. Green.

Fed comes to the rescue: interim final rule for foreign banks under Lincoln Amendment

USA - June 6 2013 In a move that will be welcomed by the U.S. foreign bank community and its clients, the Federal Reserve Board yesterday issued an interim final rule…

Barbara R. Mendelson, Charles M. Horn, Marc-Alain Galeazzi.

Comcast Corp. v. Behrend: courts must assess merits of plaintiffs’ damages evidence at class certification

USA - March 28 2013 Yesterday, in Comcast Corp. v. Behrend, 569 U.S. __ (2013), the Supreme Court answered a looming class certification question left open by Wal-Mart…

Jacob M. Harper.

Abbott avoids shake-up: false ad suit over ensure dismissed

USA - March 21 2013 Yet another court has tasked plaintiffs at the pleading stage with providing scientific support for false advertising claims that are based on a…