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Mayer Brown LLP

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Subcontractors are winners in Supreme Court three-to-two insurance decider

United Kingdom - August 7 2017 Despite being issued in a case involving a wrecked ship, the Supreme Court decision in Gard Marine and Energy Ltd v China National Chartering Company

Limitations on liability exceptions for gross negligence and willful misconduct and the implications for outsourcing agreements

USA - August 12 2013 In outsourcing agreements, parties typically limit their liability to each other. The parties often exclude from those limitations on liability

New Rules Released: Senior Managers and Certification Regime Extended to All Firms

United Kingdom - August 4 2017 The Financial Conduct Authority ("FCA") and Prudential Regulation Authority ("PRA") published their consultation papers on 26 July 2017 containing

Texas Supreme Court Issues Important Decision On How To Calculate Ratio Of Punitive To Compensatory Damages In Multi-Defendant Cases

USA - August 8 2017 Application of the Supreme Court’s excessiveness guideposts to cases involving multiple defendants is one of the more confounding problems that arises

Collection, storage and transfer of data in Germany

Germany, Global - July 28 2017 A structured guide to collection, storage and transfer of data in Germany

US Securities and Exchange Commission’s Office of Compliance Inspections and Examinations Announces Results of Cybersecurity Examination Initiative

USA - August 15 2017 On August 7, 2017, the Office of Compliance Inspections and Examinations ("OCIE") of the US Securities and Exchange Commission ("SEC") announced the

Formulas for Successful US Investing Investing in the US Health Care Sector

USA - August 14 2017 The US health care sector is expanding and presents a good number of opportunities for investors. There are a number of key legal considerations that

Trustee Quarterly Review - August 2017

United Kingdom - August 14 2017 The Supreme Court has ruled that paragraph 18 of Schedule 9 to the Equality Act 2010 ("paragraph 18") is incompatible with EU law and must be

Complementary Law No. 1602017: Waiver of tax credits amid so-called “fiscal war”

Mayer Brown - Tauil & Chequer - Brazil - August 14 2017 On August 8, 2017, the Complementary Law 1602017 ("LC 1602017") was published, authorizing the waiver of tax credits and the reestablishment of

UAE’s First Formal Tax Regime Announced

United Arab Emirates - August 10 2017 On July 31, 2017, the president of the UAE issued Federal Law No.7 of 2017, the new Tax Procedures Law (TPL). The TPL, the UAE’s first formal tax