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In Focus
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Mayer Brown elevates 65 lawyers worldwide on January 1Mayer Brown announced today that is has elevated 65 lawyers. The group comprises 39 lawyers who have been promoted to partner, and 26 who have attained the position of counsel.
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US IRS Releases Final Regulations Addressing IBOR TransitionOn December 30, 2021, the Internal Revenue Service (IRS) published final regulations for the IBOR transition. This Legal Update provides background on the principle US federal income tax concern with IBOR-related amendments to existing contracts and an overview of previous IRS guidance aimed at addressing the concern. The Update then discusses the types of modifications that can fit within the final regulations, the relief provided for modifications that do fit and a few questions left open by the IRS.
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Asia IP & TMT: Quarterly Review - Fourth Quarter 2021We are delighted to share with you our latest Quarterly Review featuring IP & TMT updates from around the region.
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janvier 172022We have compiled the following chronology table which serves as a quick reference point to track the circulars and guidance published by HK financial services regulators in relation to COVID-19. We will update the table regularly. Kindly note that the table is not intended to capture all regulatory publications on an exhaustive basis.
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janvier 172022Europe Daily News, the latest policy and legal developments in the European Union
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janvier 142022Europe Daily News, the latest policy and legal developments in the European Union
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janvier 142022On January 12, 2022, the Bureau of Ocean Energy Management (BOEM) announced that it will hold a competitive auction for six lease areas (totaling roughly 488,000 acres) in the New York Bight area, which is off the coast of New York and New Jersey. Twenty-five bidders are eligible to participate, which is up from the 11 that were announced as qualified in BOEM’s Proposed Sale Notice. The ascending bidding auction will take place on February 23, 2022, and is estimated to last one to two business days. This Legal Update provides further detail on the auction and other recent BOEM announcements.
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janvier 142022In June 2021, the UK Department for Digital, Culture, Media & Sport commissioned an independent review (the "Review") into the regulation of BetIndex Limited ("BetIndex"), following its collapse in March 2021. BetIndex, which operated an online gambling platform called Football Index, had been regulated by the UK Gambling Commission ("UKGC") and not the UK Financial Conduct Authority ("FCA"), but both regulators were the subject of findings and recommendations in the Review. On 13 September 2021, the report of the Review (the "Report") was published.
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janvier 142022On January 5, 2022, the Sixth Circuit Court of Appeals joined the growing list of US courts that have considered the federal government’s authority to mandate COVID-19 vaccinations for its government contractors pursuant to Executive Order 14042. This Legal Update discusses the court’s ruling and notes a related appeal pending before the Fifth Circuit.