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Lexology PRO | Asia-Pacific, Australia, Austria, etc. | 9 Mar 2023
How regulating short-term rentals could solve the global housing crisis
AirBnB and Booking.com boast affordable stays at countless destinations around the world. But who regulates these short-term rental sites? And how are they contributing to the global housing crisis?
George Z Georgiou & Associates LLC | Cyprus | 4 Apr 2019
District court rejects public policy argument against recognition of arbitral award
A recent Limassol District Court decision serves as a useful reminder that the courts will rarely resort to public policy grounds for refusing the recognition of arbitral awards unless presented with cogent evidence. In addition, the courts are prepared to demonstrate the necessary flexibility dictated by modern commercial practices in examining the imperative requirements of Article IV of......
Jackson Lewis PC | USA | 12 Mar 2019
Pittsburgh Now Requires Pregnancy Accommodations for Employees and Partners
In major news for employers in Pittsburgh, the City Council just unanimously passed a new ordinance greatly expanding protections for pregnant…
Latham & Watkins LLP | USA | 1 Feb 2019
CFTC Seeks to Amend Commodity Pool Regulations
The US Commodity Futures Trading Commission (CFTC) has proposed amendments to its regulations in order to ease the registration and compliance burdens…
Mayer Brown | USA | 25 Jul 2018
SEC Proposes Amendments to Financial Statement Disclosure Requirements
At last week’s open meeting, the Securities and Exchange Commission originally had been scheduled to consider a proposed amendment to Regulation S-X…
Norburg & Scherp | Sweden | 19 Jul 2018
Effects of 'ostrich approach' on right to challenge enforcement of foreign arbitral awards
The Supreme Court recently rendered a decision concerning an application for enforcement of a foreign arbitral award. The decision clarifies whether a party that is passive in arbitral proceedings forfeits its right to invoke circumstances which were known to the party in the arbitral proceedings as grounds for non-enforcement of a foreign arbitral award. Before this decision, it had been......
Shardul Amarchand Mangaldas & Co | India | 15 Nov 2017
Increase in gratuity limit
The Payment of Gratuity Act 1972 is a form of social security legislation which prescribes a scheme for the payment of gratuity. For the private sector, gratuity is capped at Rs1 million, whereas central government employees can receive gratuity of up to Rs2 million. There is a proposal to increase the cap for the private sector in order to align it with the central government. Although this......
Foley & Lardner LLP | USA | 24 May 2017
Florida Board of Medicine to Hold Another Hearing on Telemedicine and Medical Marijuana Rules
On August 4, 2017, the Florida Board of Medicine will hold a third public hearing to discuss its proposed amendment to Florida’s telemedicine…
Sheppard Mullin Richter & Hampton LLP | USA | 23 May 2017
Supreme Court Unanimously Changes Where Patents May Be Litigated
Yesterday, in TC Heartland LLC v. Kraft Foods Group Brands, No. 16-341, the United States Supreme Court significantly changed the geography where…
Proskauer Rose LLP | USA | 5 May 2017
NY Commercial Division Requires Supporting Papers to Accompany Notice of TRO
We previously covered a proposed amendment to the New York Commercial Division Rule 20 that aimed to require moving parties seeking a temporary…
