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Snell & Wilmer LLP

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The portfolio interest exemption: a pretty good thing

USA - December 4 2013 You know what's better than earning portfolio interest? Nothing. OK, that may be an overstatement. But for non-U.S. lenders looking to earn a return

Contract interpretation: how courts resolve ambiguities in contract documents

USA - March 13 2012 Many construction disputes arise out of terms set forth in the contract

Litigating in the Central District of California, but not a local? Plan for the procedural distinctions

USA - August 5 2013 The United States District Court for the Central District of California (“Central District”) maintains one of the busiest civil dockets in the United

Physicians required to provide interpretive services to non-English speaking patients

USA - May 31 2012 Health care providers often wonder if and when they must provide interpretive services to patients who do not speak English or who are deaf or hearing impaired

Internal investigations of misconduct and witnesses’ statements

USA - March 28 2014 Employers conducting internal investigations of possible workplace misconduct frequently confront resistance from key employee witnesses of the

IRS provides penalty relief for late Form 5500 filers

USA - May 19 2014 Plan administrators that fail to timely file their Form 5500s can be subject to penalties under both ERISA and the Code. The Department of Labor's

Federal regulators plan cybersecurity assessments for certain banks

USA - May 19 2014 Federal regulators have substantially elevated cybersecurity risk assessments as yet another monitoring tool. They now view risk assessments not just

Fee shifting bylaw facially valid under Delaware law

USA - May 19 2014 On May 8, 2014, Delaware Supreme Court, en banc, answered four questions of law certified to it by the U.S. District Court for the District of

Unmitigated waivers: guarantors remain liable despite 4-year delay in foreclosure sale

USA - May 14 2014 If a lender delays foreclosure allowing years of default interest to accrue such that a guarantor's obligation increases from $6 million to $12

Integrated health in limbo after U.S. District Court decision

USA - May 12 2014 In January, a U.S. District Court judge for the District of Idaho ordered St. Luke's Health System Ltd. (St. Luke's) to unwind a recent acquisition