G-7 SummitPresident Barack Obama arrived in Germany on Sunday to attend the G-7 Summit. The leaders are expected to review the current situation in Ukraine; discuss continued support for Ukraine’s sovereignty and territorial integrity; and underscore their support for a diplomatic solution based on full implementation of the Minsk agreements. Many expect the G-7 will issue a new statement of condemnation of – but not new sanctions against – Russia for its suspected role in the escalating violence in Ukraine. The G-7 countries will also review terrorists threats faced by the spread of ISIL in Syria, Iraq, and Libya, and Boko Haram in Nigeria.Also on Sunday, President Obama met with United Kingdom Prime Minister David Cameron. They discussed the importance of maintaining the sanctions regime to put pressure on Russian and separatist forces to fully implement the Minsk agreements. Both also discussed ISIL, Iraq, Syria, the Transatlantic Trade & Investment … [Read more...] about President Obama Attends The G-7 Summit; House To Consider COOL Legislation And Possibly TPA; While The Senate Resumes Its FY 2016 NDAA Floor Debate
G 15 countries
For your information, on August 11, 2015 new antidumping (AD) and/or countervailing duty (CVD) petitions were filed with the U.S. Department of Commerce (DOC) and U.S. International Trade Commission (ITC) on hot-rolled steel flat products from Australia (AD only), Brazil (AD & CVD), Japan (AD only), Korea (AD & CVD), the Netherlands (AD only), Turkey (AD & CVD), and the United Kingdom (AD only). The petitioners are: AK Steel Corporation, ArcelorMittal USA LLC, Nucor Corporation, SSAB Enterprises LLC, Steel Dynamics Inc., and United States Steel Corporation. Scope:The petition proposes the following scope of investigation:The products covered by these investigations are certain hot-rolled, steel flat products, with or without patterns in relief, and that are neither clad, plated, nor coated with metal but whether or not annealed, painted, varnished, or coated with plastics or other nonmetallic substances. The products covered include coils that have a width of 12.7 mm … [Read more...] about New Antidumping And Countervailing Duty Petitions On Hot-Rolled Steel Flat Products From Seven Countries
Chapter 15 of the Bankruptcy Code was enacted to give representatives of foreign liquidators recognition in U.S. courts for foreign insolvency proceedings. When a court recognizes a foreign representative and a foreign proceeding, one question that arises is whether the representative can take advantage of avoidance powers like those that are available for domestic bankruptcies—such as avoiding preferential or fraudulent transfers. A foreign representative’s powers, however, are not coextensive with those of a Chapter 7 or Chapter 11 trustee. Chapter 15 expressly excludes the substantive avoidance powers that are usually available under U.S. law and foreign liquidators cannot use such powers without filing a separate Chapter 7 or Chapter 11 case. Notwithstanding that statutory command, a series of court decisions interpreting Chapter 15 has given representatives of foreign liquidations options to invoke avoidance powers under foreign law. This … [Read more...] about What Avoidance Powers Are Available Under Chapter 15 of the Bankruptcy Code?
Another non-US financial services regulator cautioned its citizens that some digital tokens issued as part of an initial coin offering may be securities subject to local securities law requirements, while the Securities and Exchange Commission in the US convinced at least one promoter of an ICO to cancel an in-progress offering and refund amounts already paid by investors in ether (the digital coin of the Ethereum blockchain network). Separately, another criminal proceeding was filed against a trader for spoofing, based on his trading activities involving precious metals futures listed on the Commodity Exchange, Inc. from July 2008 through November 2013. However, the specific criminal charge for spoofing seems to embrace alleged conduct that occurred before the relevant provision of law was effective in July 2011. As a result, the following matters are covered in this week’s edition of Bridging the Week :SEC Begins Proactively Suggesting Some Promoters Halt ICOs; the … [Read more...] about Bridging the Week: September 11 to 15 and September 18, 2017 (ICOs; Digital Tokens; Spoofing; Advertising Standards)
In these days of continued integration of the world economy, it is not unusual for a foreign-based business enterprise to own assets of substantial value in the United States either directly or through an affiliate. If the foreign enterprise commences an insolvency proceeding in its home country, there is substantial risk that local American creditors of the insolvent company may seek to attach these assets to satisfy their own claims to the prejudice of non-U.S. creditors. In these circumstances, foreign creditors are well-advised to approach the insolvency administrator or other representative of the foreign debtor and urge him or her to commence a case in the United States under Chapter 15 of the United States Bankruptcy Code to shield these assets from local creditor collection and foreclosure actions and preserve the value of these assets for all creditors of the foreign debtor.It is not unusual for an administrator or trustee appointed in a foreign insolvency proceeding to be … [Read more...] about Chapter 15: An Effective Aid to Foreign Administrators and Creditors for Collecting and Liquidating Assets in the U.S.
In honor of National Data Privacy Day, we provide the following “Top 15 for 2015.” While the list is by no means exhaustive, it does provide some hot topics for businesses to consider in 2015.Inside Threats for Healthcare Providers and Business Associates. While news reports of security risks often focus on hackings and breaches caused by individuals, terror groups or even countries around the world, many organizations, including healthcare providers and business associates, face a significant and perhaps more immediate risk with an organization’s workforce members. However, these organizations are not without recourse and can take several steps to reduce their risk for a data breach, reputational harm, investigation by federal and state agencies, and litigation.The Telephone Consumer Protection Act (TCPA). According to data cited by the U.S. Chamber of Commerce, TCPA suits have increased 30% in the past year, with many … [Read more...] about Top 15 for 2015 – Happy National Data Privacy Day
ENERGY AND CLIMATE DEBATE The House took the lead on energy issues last week. On Wednesday , the House approved H.R. 2609, the FY14 Energy and Water Appropriations bill; the package includes $30.4 billion in funding, including $24.6 billion for the Department of Energy. However, as the $34.8 billion Senate version allocates $28.2 billion for the Department of Energy, a conference is needed to reconcile the two bills. The next day, the House approved H.R. 2642, the Federal Agriculture Reform and Risk Management Act of 201. A conference committee is also needed for this bill as there are many differences between the House and Senate versions, namely an energy title present in the Senate bill but lacking in the House version. More detailed discussions on the two bills are below. The Obama Administration focused on China last week, as the fifth round of the U.S.-China Strategic and Economic Dialogue were held on … [Read more...] about Energy and Environment Law Update – July 15, 2013
Supreme Court of India has agreed to hear a petition challenging the Constitutional validity of new Cattle Rules ( Prevention of Cruelty to Animals (Regulation of Livestock Market) Rules, 2017 ) on June 15.The Petition is filed by Mohammed Abdul Faheem Qureshi, a lawyer and the President of All India Jamiatul Quresh Action Committee, a non-governmental organization working for the upliftment of weaker sections of the society including the butchers and cattle traders of the country.The Petitioner’s lawyer Sanobar Ali Qureshi, mentioned the matter on Wednesday, before the vacation Bench of Justice Ashok Bhushan and Justice Dipak Gupta and the bench agreed to hear the matter.According to the Petitioner, Rule 22(a) (b)(iii) (c) (d)(ii) (iv) (v) (vi) (vii) (e) (i) (iii) and Rule 25(5) of notification issued vide G.S.R. 494(E) dated, the 23rd May, 2017 of the Prevention of Cruelty to Animals (Regulation of Livestock Markets) Rules, 2016 and Rule 3 (b), … [Read more...] about SC To Hear Plea Challenging New Cattle Rules On June 15 [Read Petition]
Here is a list of the 15 judgments (in no particular order) that were rendered in 2014 and which set the law in a different direction: 1. Manohar Lal Sharma The Principal Secretary & Ors.In a move that embarrassed the parties that have been a part of the Government since 1993, the Supreme Court, in August this year declared the Coal allocation between 1993 and 2009 illegal, arbitrary, non-transparent and was devoid of any procedure. The Court came down heavily on the non-transparent manner in which the allocations had been made and averred, “The Screening Committee has never been consistent, it has not been transparent, there is no proper application of mind, it has acted on no material in many cases, relevant factors have seldom been its guiding factors, there was no transparency and guidelines have seldom guided it. On many occasions, … [Read more...] about Reminiscing 2014: 15 judgments by the Apex Court that altered the course
“Women have served all these centuries as looking glasses possessing the magic and delicious power of reflecting the figure of man at twice its natural size.” -Virginia Woolf, A Room of One’s OwnWomen have always been considered as the weaker sections of the society, as the victims. They have been shown merely as characters in a man’s world. What they don’t realise is that women are leaders everywhere you look, from the CEO who runs a Fortune 500 company to the housewife who raises her children and heads her household. Whatever glory belongs to the race for a development unprecedented in history for the given length of time, a full share belongs to the womanhood of the race (Mary Jane McLeod Bethune).These judgments reflect the women’s strength. Each of these judgments should be viewed as the tryst of a woman to reassert her strength, to redefine the patriarchal laws. They show how a woman succeeded in being the voice of thousands of other … [Read more...] about Women’s Day Special: 15 Supreme Court judgments that made India a better place for women