Legal News

According to a complaint filed by the Department of Justice, several funds affiliated with Third Point Management failed to file and observe the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") prior to...By: Proskauer Rose LLP

UK Case Law Developments - Valid notice crucial to tax indemnity claim - The Court of Appeal (CA) decision in Stobart Group Ltd v Stobart and another is a cautionary tale for any purchaser who, following the acquisition of a company, might be...By: Proskauer Rose LLP

Editor's Overview - As the summer heats up, so too has the U.S. Supreme Court's docket for next term where it has already agreed to hear three ERISA cases and more may be in the works. On the docket already are ERISA cases involving employer stock...By: Proskauer Rose LLP

Antitrust class action counsel are in the business of extracting cash from defendants in the form of settlements that are, in effect, a tax on every transaction in the market covered by the case. The bigger the market, the greater the number of the...By: Proskauer Rose LLP

1 June - HM Treasury published a consultation paper (dated May 2019) on the regulation of pre-paid funeral plans. HM Treasury intends to bring all funeral plan providers within the remit of the FCA....By: Proskauer Rose LLP

Guernsey SPV not resident in the UK - In Development Securities plc and others v HMRC, the Upper Tribunal (UT) has overturned the prior discussion of the First-tier Tribunal (FTT) in favour of the taxpayer in an important tax residence case...By: Proskauer Rose LLP

Any foreign national making plans to travel abroad this summer should make sure to prepare in advance, from a U.S. immigration perspective. Following are 5 helpful tips for summer travel......By: Proskauer Rose LLP

The Securities and Exchange Commission ("SEC" or "Commission") recently proposed a number of changes to Regulation S-X and related rules and forms that could significantly streamline the requirements for filing financial statements in connection with...By: Proskauer Rose LLP

1. Process to Abandon Lawful Permanent Residence (Green Card) streamlined - Instead of requiring an in-person appointment at the U.S. consulate or U.S. embassy abroad, lawful permanent residents (LPRs) of the United States who wish to abandon their...By: Proskauer Rose LLP