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March 16, 2023
Earlier this month, at the American Bar Association's (ABA) 38th National Institute on White Collar Crime, Deputy Attorney General Lisa O. Monaco and Assistant Attorney General Kenneth A. Polite...
March 16, 2023
New announcements and rules expand the scope of existing sanctions and export controls on Russia. This Client Alert is published in the context of ongoing developments...
March 15, 2023
On Friday, March 10, 2023, the California Department of Financial Protection and Innovation closed Silicon Valley Bank (“SVB”) and appointed the Federal Deposit Insurance Corporation...
March 14, 2023
In an era of increasing cyberattacks by varying threat actors, the board's oversight of cybersecurity risks remains a key responsibility. In two recent cases, the Delaware Court of...
March 14, 2023
Silicon Valley Bank, closed Friday, March 10, 2023 by California Department of Financial Protection & Innovation. Federal Deposit Insurance Corporation was appointed as receiver. Treasury Dept, Federal Reserve, FDIC issues Joint Statement on SVB FDIC receivership.
March 14, 2023
Beginning last week and continuing over this past weekend, there were several key developments from federal regulators related to failure of Silicon Valley Bank SVB, Signature Bank, broader issues of FDIC deposit insurance protections and current bank liquidity challenges.
March 14, 2023
Signature Bank, New York, NY was closed on March 12, 2023 by New York Department of Financial Services, Federal Deposit Insurance Corporation FDIC was appointed as receiver. This is one of several key developments in the current banking industry.
March 3, 2023
The German Federal Fiscal Court (BFH, Urteil vom 14. Februar 2023 – IX R 3/22) confirms the opinion of the fiscal court of Cologne that sales profits from cryptocurrencies are taxable....
March 1, 2023
USD LIBOR expected to end June, 2023 with numerous legal financial implications to consider, especially as remediation of leveraged loans and other commercial loans needs to progress further according to the Alternative Reference Rates Committee ARRC meeting in February 2023
February 25, 2023
In international construction contracts, few legal matters are more important than the definitions of "Claim" and "Dispute" or the procedure for the "Dispute Avoidance/Adjudication...