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Paul Weiss | United Kingdom | 22 Jul 2011

BT ordered to cut wholesale broadband rates

In hopes of boosting competitive broadband network services in rural areas, British telecom regulator Ofcom has ordered dominant national operator BT to slash its wholesale broadband access rates to eleven percent below the rate of inflation for the next three years.


Paul Weiss | USA | 14 Jul 2011

SEC issues order adjusting for inflation “qualified client” tests

On July 12, 2011, the U.S. Securities and Exchange Commission (the “SEC”) issued an order (the “Order”) that adjusts for inflation two dollar amount tests in Rule 205-3 under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).


Paul Weiss | USA | 12 May 2011

SEC to adjust for inflation "qualified client" tests; issues proposed related rule amendments

On May 10, 2011, the U.S. Securities and Exchange Commission (the “SEC”) published a notice1 that it intends to issue an order that would adjust for inflation two dollar amount tests in Rule 205-3 under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).


Paul Weiss | USA | 6 May 2011

Nielsen study shows decline in TV ownership

Statistics published this week by media ratings firm Nielsen show a drop in the number of U.S. homes with a television set.


Paul Weiss | USA | 20 Dec 2010

Tax legislation provides long-awaited transfer tax relief and planning opportunities

On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the "Act") into law, extending the Bush tax cuts for another two years and providing long-awaited clarity with respect to the estate, gift, and generation skipping transfer ("GST") tax laws, at least for 2010, 2011, and 2012.


Paul Weiss | European Union, France | 6 Mar 2009

Vivendi files antitrust complaint against France Telecom

French media giant Vivendi targeted France Telecom (FT) in an antitrust complaint filed Monday with the European Commission (EC), claiming that FT’s abuse of its dominant position in the French fixed-line market chokes competition and prevents rivals from investing in next-generation fiber infrastructure.


Paul Weiss | USA | 25 Jul 2008

Judge allows class action suit against AT&T to proceed

A federal district court judge in Kansas City has allowed a series of class action antitrust suits against AT&T to proceed.


Paul Weiss | USA | 18 Jan 2008

Supreme Court ruling in charter case limits investor lawsuits

Investors seeking recompense from third parties that manipulate the stock prices of public companies were dealt a blow on Tuesday by the U.S. Supreme Court, which dismissed a complaint filed by investors of Charter Communications against two suppliers, Motorola and Scientific-Atlanta.


Paul Weiss | USA | 24 Aug 2007

SEC proposes amendments to Regulation D and Form D

Regulation D provides an exemption from the registration requirements of the Securities Act for private or limited offerings of securities.


Paul Weiss | USA | 25 May 2007

SEC adopts management guidance on internal controls and proposes amendments to Regulation D, Rules 144 and 145, and other regulations

On May 23, 2007, the SEC approved interpretive guidance on internal control over financial reporting.

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