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Paul Weiss | USA | 10 Jun 2019

SEC Releases Interpretation of Advisers Act Fiduciary Duties

The SEC recently issued a final interpretation (the “Interpretation”)1 of the federal fiduciary duty that an investment adviser owes to its clients


Paul Weiss | USA | 7 Jun 2019

FCC Announces Results of 5G Millimeter Wave Auctions; AT&T, Verizon Rank at Top of Winner List

National wireless carriers AT&T and Verizon topped the list of winners of the FCC's first-ever auctions of fifth-generation (5G) wireless broadband


Paul Weiss | USA | 4 Jun 2019

Takeaways From the Supreme Court’s Decision in Lorenzo v. SEC

In March 2019, the Supreme Court issued its decision in Lorenzo v. SEC, concluding that, under the Securities Act of 1933 and the Securities Exchange


Paul Weiss | USA | 29 May 2019

New York DFS Creates New Cybersecurity Division

On May 22, 2019, the New York State Department of Financial Services (“DFS”) announced the creation of a new Cybersecurity Division, which it


Paul Weiss | USA | 29 May 2019

Final Regulations on Section 956 and “Deemed Dividends” from Controlled Foreign Corporations

On May 22, 2019, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) released final regulations (the “Final


Paul Weiss | USA | 23 May 2019

SEC Proposes to Amend Definitions of “Accelerated Filer” and “Large Accelerated Filer”

In May 2019, the SEC announced a proposal (available here) to amend the definitions of “accelerated filer” and “large accelerated filer” under Rule


Paul Weiss | USA | 21 May 2019

Privilege Law Case Developments

In our first in a series of occasional alerts on the law of privilege, we present three recent federal court cases of potential interest. First, in


Paul Weiss | USA | 20 May 2019

Supreme Court Reiterates That Rejection of Executory Contract Constitutes Breach, Does Not Terminate Non-Debtor Counterparty’s Rights Under Contract

The U.S. Supreme Court held today in Mission Product Holdings, Inc. v. Tempnology, LLC that a trademark licensee may retain certain rights under a


Paul Weiss | United Kingdom, European Union | 16 May 2019

Brexit - New Deadlines and Prolonged Uncertainty

As the Brexit saga continues to unfold, key questions remain unanswered. In this video, London-based corporate partners Mark Bergman and David


Paul Weiss | USA | 16 May 2019

U.S. Supreme Court Holds That False Claims Act Relators May Have up to 10 Years to File Suit, Regardless of Government Intervention

On May 13, 2019, the Supreme Court unanimously held in Cochise Consultancy, Inc. v. United States ex rel. Hunt that the limitations period in Section

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