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4,700 results found

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Shearman & Sterling LLP | USA | 28 May 2020

IRS announces extension of ‘continuity safe harbor’ for renewable energy projects

The IRS announced in Notice 2020-41 relief for taxpayers developing renewable energy projects to satisfy the “beginning of construction” requirement…
Article

Shearman & Sterling LLP | USA | 28 May 2020

Washington state becomes next to mandate gender diversity on boards

Pursuant to the recently-amended Washington Business Corporation Act (WBCA), effective June 11, 2020, corporations subject to the WBCA that are…
Article

Shearman & Sterling LLP | USA | 27 May 2020

Southern District Of New York Holds Syndicated Term Loan Notes Sold To Buyers Are Not “Securities”

On May 22, 2020, Judge Paul G. Gardephe of the United States District Court for the Southern District of New York dismissed a complaint asserting…
Article

Shearman & Sterling LLP | Mexico | 27 May 2020

Recent Regulatory Developments in the Mexican power sector

Following Mexico’s energy regulatory reforms that began at the end of 2013 and were championed by the prior administration of former President Enrique…
Article

Shearman & Sterling LLP | USA | 27 May 2020

SEC extends securities offering reforms to closed-end funds and Business Development Companies

On April 8, 2020, the Securities and Exchange Commission (SEC), adopted amendments[1] that would allow business development companies (BDCs) and…
Article

Shearman & Sterling LLP | USA | 27 May 2020

Cares act - the SBA’s paycheck protection program—interim final rules on loan forgiveness and review procedures released

On May 22, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury published its Paycheck Protection Program (PPP)…
Article

Shearman & Sterling LLP | USA | 27 May 2020

Second Circuit Affirms Dismissal Of Actions Seeking Disgorgement Of “Short-Swing” Profits From Investment Advisors’ Clients, Holding That Clients’ Delegation Of Discretionary Investment Authority Did Not Render Them Members Of A “Group” With Their Investment Advisors

Second Circuit Affirms Dismissal Of Actions Seeking Disgorgement Of “Short-Swing” Profits From Investment Advisors’ Clients, Holding That Clients’…
Article

Shearman & Sterling LLP | USA | 27 May 2020

District Of New Jersey Largely Upholds Claims In Putative Class Action Alleging Misleading Asbestos-Related Liability Projections

On May 18, 2020, Judge William J. Martini of the United States District Court for the District of New Jersey denied a motion to dismiss a putative…
Article

Shearman & Sterling LLP | USA | 27 May 2020

New York State Trial Courts Remove COVID-19 Emergency Restriction On Filing New Commercial Actions

On May 20, 2020, in light of evolving circumstances with respect to the COVID-19 health emergency, the Chief Administrative Judge of the New York…
Article

Shearman & Sterling LLP | USA | 27 May 2020

Federal Circuit Affirms PTAB’s Obviousness Decision And Finds Challenge To “Real Party In Interest” Requirement Non-Appealable

On May 19, 2020, the Court of Appeals for the Federal Circuit (CAFC) issued an opinion affirming the obviousness decision of the U.S. Patent and…
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