On July 26, 2011 the Securities and Exchange Commission (the "SEC") issued a release (the "Proposing Release") revising and re-proposing certain rules (the "Proposed Rules") initially proposed in April 2010 related to asset...
By Ken Irvin and Ben Chesson
By notice issued Friday, August 12, 2011 , the Federal Energy Regulatory Commission Office of Enforcement announced that, as a result of a nonpublic preliminary investigation pursuant to 18 C.F.R. Part 1b, Staff has preliminarily...
By Ken Irvin and Brenda Hanzl
It's hot in Texas. Already struggling through the second worst drought in the state's history, many cities in Texas began August with a series of triple digit days, and a significant cool down seems unlikely any...
On July 26, 2011, the Securities and Exchange Commission
(the "SEC") re-proposed rules (the "Re-Proposal") regarding new shelf
eligibility requirements for asset-backed securities ("ABS"). In April 2010,
the SEC had proposed...
interest entity' structure (the 'VIE Structure') has been the
investment structure of choice for
foreign investors to navigate through
the grey areas of PRC
law on foreign
direct investment ('FDI'...
On July 7, 2011, the Federal Trade Commission ("FTC") and
the Antitrust Division of the U.S. Department of Justice ("DOJ") announced
significant changes to the Hart-Scott-Rodino ("HSR") Premerger Notification
Rules and the...
Philly News: Third
Circuit Upholds Bidding Procedures Denying Lenders Opportunity to Credit Bid
By Douglas S. Mintz, Leslie Chervokas and Mark
The Third Circuit Court of Appeals recently affirmed the
District Court's ruling in In re Philadelphia...