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Warehouse financingramp-up funding for CLOs

USA - November 26 2013 Historically, the manager of a collateralized loan obligation ("CLO") transaction often arranged a credit facility with a bank (most likely the

Shipper’s liability for dangerous cargo

USA - November 14 2012 In this day and age, with containers pervasive and new and ever-developing chemicals, compounds, and materials being developed and shipped at a rapid pace, the risk is ever-increasing of significant or even catastrophic loss or damage resulting from the carriage of dangerous goods

Ports & Terminals in the USA

USA - November 13 2018 A structured guide to ports & terminals in the USA

MARPOL’s “special area” garbage discharge restrictions extended to the Wider Caribbean Region

USA - April 28 2011 On April 7, 2011, the U.S. Coast Guard announced in a Federal Register Notice that May 1, 2011 will be the date on which vessels operating within the "special area" known as the Wider Caribbean Region ("WCR") will be subject to more stringent garbage discharge requirements under MARPOL Annex V, Regulation 5

Paying employees in gold coins or through shell corporations both are tax evasion schemes

USA - January 17 2014 Everyone knows that paying employees under the table is a classic tax evading scheme, but what if you do so through a separate company? What if you

Hiring in New Jersey? Salary History Ban Sprouts in Garden State

USA - August 6 2019 Effective January 1, 2020, private employers in New Jersey are prohibited from asking job applicants about their salary, wage, and benefit history

Pay Attention to Policy Language in a Hardening Insurance Market

USA - August 6 2019 The insurance market has proven to be a difficult environment for buyers in 2019. The long tenure of the soft insurance market cycle is changing, and

Will HHS’s Safe Importation Action Plan Affect How the Federal Government Purchases Drugs?

Canada, USA - August 1 2019 On July 31, the Department of Health and Human Services (“HHS”) and the Food and Drug Administration (“FDA”) announced their

FERC Issues Show Cause Order Proposing $6.8M in Civil Penalties to Vitol Inc. and Individual Trader and $1.2M Disgorgement for Alleged CAISO Market Manipulation

USA - July 25 2019 Recently, FERC issued an Order to Show Cause why Vitol Inc. and its co-director of financial transmission rights trading should not be found to have

New Maryland Law Prohibits Non-Compete Agreements for Lower Wage Workers

USA - July 23 2019 If you’re an employer in Maryland, beginning October 1, 2019, you are prohibited from requiring a low wage worker (defined as someone earning less