The Consolidated Appropriations Act, 2016 (the "Omnibus Bill") and the recently issued Notice 2016-31 have enacted further extensions of and modifications to the Production Tax Credit, Investment Tax Credit, and Bonus Depreciation. This legal update highlights the most significant aspects of Notice 2016-31 and...
May 24, 2016
The widespread introduction of legislation protecting the actions of ‘whistleblowers’, and increased public expectations of global corporate accountability, mean tha
From June 1, 2016, certain UK financial institutions (defined below) and members of their global group will be restricted from entering into, or materially amending, ‘financial arrangements’ governed by the laws of a ‘third country’ (being a country that is not an EU Member State) unless their counterparties enable them to meet a new, UK-specific, “stay recognition requirement”.
May 23, 2016
Canada has been an active participant in the base erosion and profit shifting project, a project of the Organisation for Economic Co-operation and Development (OECD) and the G20, for a number of years and has generally supported the OECD's action plan on base erosion and profit shifting.
May 20, 2016
The Federal Court has introduced new guidelines for the case-management of prohibition applications under the Regulations.
The Alberta Court of Queen’s Bench has released its much anticipated decision in the receivership proceedings of Redwater Energy Corporation.
Employers scored a win on Thursday, May 19, 2016, in a unanimous decision by the U.S. Supreme Court that a business sued by the U.S. Equal Employment Opportunity Commission (EEOC) need not prevail on the merits of a case to be eligible for an award of attorneys’ fees where the claim is frivolous, unreasonable or groundless. The decision will force the EEOC to better investigate and try to settle claims before running to court with a questionable case that is likely to be dismissed either on substantive or procedural grounds...
Essential Corporate News, our weekly news service covering the latest developments in the UK corporate world.
In LBP Holdings Ltd. v Allied Nevada Gold Corp., the Ontario Superior Court concluded that although underwriters may be sued for misrepresentations contained in a prospectus pursuant to s. 130 of the Ontario Securities Act
May 19, 2016
Il D.L. 59/2016 (il “Decreto”) ha introdotto una serie di misure finalizzate ad incentivare il finanziamento alle imprese e a ridurre i tempi e le formalità legate al recupero del credito. In particolare, gli articoli 1 e 2 del Decreto ampliano il quadro delle garanzie accessorie tipiche, disciplinando, rispettivamente, il “pegno mobiliare non possessorio” e il “patto marciano”.
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