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Where a beneficiary makes demand in terms of a guarantee is material! or is it?
  • Cliffe Dekker Hofmeyr
  • South Africa
  • October 31 2018

According to the Johannesburg High Court, in the recent case of Lombard Insurance Company Limited v Schoeman and Others 2018 (1) SA 240 (GJ), it

When is a corporate guarantee a distribution?
  • Shoosmiths LLP
  • United Kingdom
  • October 31 2018

In 2017 the ICAEW and ICAS suggested that an upstream or cross-stream guarantee might amount to a distribution of profits unless a fee was payable in

The Enforceability of Guarantees given by Officers and Directors of Corporate Borrowers and Sophisticated Individuals
  • WeirFoulds LLP
  • Canada
  • October 23 2018

As a mechanism for safeguarding the enforceability of a guarantee, it is common practice for commercial lenders to require that personal guarantors

Department of Labor Extends PAID Program for Resolving Employer FLSA Violations
  • Jones Day
  • USA
  • October 18 2018

The DOL confirmed that after an initial six-month pilot, the Payroll Audit Independent Determination program, known as the PAID program, will continue

USPTO Publishes Update to PTAB Trial Practice Guide
  • Hunton Andrews Kurth LLP
  • USA
  • August 30 2018

The U.S. Patent and Trademark Office has published an update to the Office Patent Trial Practice Guide for inter partes reviews (IPR) and other

SEC Approves Two Additional Material Event Disclosures
  • Dinsmore & Shohl LLP
  • USA
  • August 24 2018

Issuers and borrowers who enter into continuing disclosure undertakings in connection with the offering of municipal securities will be required to

SEC Adopts Amendments to Rule 15c2-12
  • Bracewell LLP
  • USA
  • August 20 2018

On August 20, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced it adopted amendments to Rule 15c2-12 of the Securities Exchange

Independent Contractor Misclassifications is Focus of New Jersey-U.S. Labor Department Partnership
  • Jackson Lewis PC
  • USA
  • August 13 2018

Demonstrating a heightened focus on worker misclassification, the New Jersey Department of Labor has entered into a memorandum of cooperation with

SEC Proposes Rules to Simplify and Streamline Disclosures in Certain Registered Debt Offerings
  • Hunton Andrews Kurth LLP
  • USA
  • July 31 2018

On July 24, 2018, the Securities and Exchange Commission (SEC) voted to propose rule amendments intended to simplify and streamline the financial

Can zero hours workers compare contracts with full-time workers?
  • Irwin Mitchell LLP
  • United Kingdom
  • July 24 2018

It is increasingly common for businesses to employ casual staff on zero hours contracts - contracts that do not guarantee any hours of work. Can they