In This Issue: - BULGARIA ADOPTS NEW GAMBLING TAX REGIME: - by Nadya Hambach, LL.M (Velchev & Co.): Bulgaria has a new gambling taxation regime effective January 1, 2014, which, together with the reasonable and balanced regulations currently...
Lehman Court Finds Safe Harbors Protect Damage Calculation Provisions in Swap - Judge James M. Peck issued a significant opinion in the Lehman Brothers bankruptcy late last month, which preserved important safe harbored rights. The opinion...
Health care and life sciences companies face a variety of issues in 2014, including further difficulties with the Affordable Care Act (ACA) rollout because of legal and logistical challenges, the potential dampening of dealmaking due to ACA and...
Following the 2013 World Conference on Doping in Sport, which highlighted effective education programmes as a fundamental tool in combatting the use of performance enhancing substances, Commonwealth Games England (“CGE“) has entered into a...
On January 24, 2014, Southern California Edison (SCE) held a forum on its Renewable Auction Mechanism (RAM). RAM, a program open to all Renewable Portfolio Standard eligible technologies for projects generally not less than 3 MW and not greater than...
In a recent decision of the NSW Court of Appeal (the Court) in Horsell International Pty Ltd v Divetwo Pty Ltd [2013] NSWCA 368, a firm of insurance brokers (Horsell) was ordered to indemnify an insured (Divetwo) in circumstances where a policy of...
On January 21, the European Payments Council (EPC) published the final version of its white paper on mobile wallet payments. It focuses on the use of mobile wallets as an enabler for mobile payments in the Single Euro Payments Area (SEPA)....
On December 16, we obtained summary judgment on behalf of our client, Paramount Pictures Corporation, in a case brought by a former paralegal in the studio’s Business Affairs Administration department. The plaintiff claimed discrimination,...
Most procurement officials would likely agree with Secretary Gansler's frustration at the ease with which unsuccessful bidders can initiate bid protests and thereby hold up important procurements. But his reference to "the price of a stamp" became...
Another set of Bitcoin-related arrests for failing to comply with the Bank Secrecy Act. Interestingly, investors in one of the companies include the Winkelvoss twins. Anyone who is involved in Bitcoin or other virtual currency endeavors needs to...
