Regions

State of Missouri Incentivizes Data Center Construction and Expansion

On April 14, 2015, Missouri Governor Jay Nixon signed SB 149 into law, providing incentives for those constructing or expanding certain data centers within the State of Missouri. The law provides exemptions from certain sales and use taxes for each of the following used in a data center:

  1. Electricity, gas, water, and other utilities
  2. Telecommunication services and Internet services
  3. Machinery, equipment, and computers
  4. Certain materials and other personal property used to construct or expand (as the case might be) that data center  More…
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Dumped and confused? There are very real risks associated with dealing with goods subject to dumping and countervailing measures

Originally published by Lloyds List Newspaper  – 30 April 2015

As the numbers and size of dumping and countervailing measures have increased here and overseas so has the importance of the expertise to identify and manage the risks associated with those measures. That expertise needs to be held by exporters, importers and their service providers such as freight forwarders and licensed custom brokers as each of them face significant liabilities from transacting with goods subject to the measures. Unfortunately, at the same time that as those liabilities and risks increase, so does the pressure to avoid those measures. There is ample evidence both here and overseas of successful prosecutions of parties who have taken deliberate fraudulent steps to avoid measures.

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Standard listings – current trends

Background

A couple of years ago we wrote about Standard listings on the Main Market of the London Stock Exchange (LSE), principally in connection with cash shell or SPAC entities (‘Cash Shells and Standard Listings’). At that time there had been a limited number of such listings, following the deregulation of the UK Listing Authority’s listing regime in April 2010 to allow a broader range of companies (whether overseas or UK companies) to elect to join the Standard segment of the UKLA’s Official List and trade on the Main Market. More…

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Subject to contract

This article was first published in ‘Solicitors Journal’ on 17 March 2015

A simple phrase is crucial to avoid being unintentionally bound by an agreement in settlement negotiations, explains Sophia Purkis

Settlement negotiations may often be challenging and conducted under pressure. In Bieber v Teathers (in liquidation) [2014] EWHC 4205, the court issued a stark reminder to make sure that offers are made expressly ‘subject to contract’ to avoid the risk of being unintentionally bound by an agreement. The court held in Bieber that a binding settlement of the claims had been reached by an exchange of emails between the parties’ solicitors shortly before trial, notwithstanding that they were subsequently unable to agree a formal settlement agreement. More…

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Amendments to Disclosure Rules for Venture Issuers

by Nafeesa Valli-Hasham

On June 30, 2015, amendments to various disclosure requirements for venture issuers will come into force. The amendments are intended to make the disclosure requirements for venture issuers more suitable and manageable at their stage of development. The amendments relate to continuous disclosure and governance obligations, and to disclosure for prospectus offerings.

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CSA Publishes Proposed Amendments to Take-Over Bid Requirements

by Andrew Charters

On March 31, 2015, the Canadian Securities Administrators (the “CSA”) published proposed amendments to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids and National Policy 62 203 Take-Over Bids and Issuer Bids (the “Proposed Amendments”). If adopted, the Proposed Amendments will significantly change Canada’s take-over bid rules.

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Regulation A+ A Limited Tool for Fundraising

by Bernard Pinsky

With much fanfare, the Securities and Exchange Commission (“SEC”) in the U.S. announced on March 25, 2015 that it has adopted rules to facilitate smaller companies’ access to capital, as mandated by the JOBS Act. Sums of up to $20 million can be raised in a Tier 1 offering, while up to $50 million can be raised in a Tier 2 offering under the new, updated and expanded Regulation A (“Reg A”), known as Reg A+. As adopted, Reg A+ can be used only by qualified companies that are organized in, and that have their principal place of business in, the United States or Canada.

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RSS takes part in a training session for the Institut d’assurance de dommages du Québec

April 30, 2015 — Last April 21 and 23, in Montréal and Québec, respectively, the Institut d’assurance de dommages du Québec, a source of professional education and career development for the country’s property and casualty insurance industry, hosted two instalments of its winter 2015 training programme. RSS was key to those two sessions, recognized by the Quebec Bar’s continuing education programme:

  • Benoît Chartier presented “Catastrophes naturelles et droit des assurances” (Natural disasters and insurance law)
  • Jean-François Bilodeau spoke on “La copropriété dans le contexte des assurances” (Co-ownership in an insurance setting).
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4 Ways That HIPAA Encourages the Disclosure of Health Information

What’s the first word that comes to mind when you see the term “HIPAA”? For many individuals in the healthcare market, the word is “NO.” “Just say no” is a common answer for covered entities and business associates when they are faced with a decision about whether to disclose health information. But what if I […]

The post 4 Ways That HIPAA Encourages the Disclosure of Health Information appeared first on OMW Health Law.

For more information please visit www.omwhealthlaw.com or click on the headline above.

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Massachusetts Court Defers Non-Compete Case To Arbitration Even Though Competitor Is Not A Signatory To Former Employee’s Employment Agreement

In a recent case in Massachusetts, a Superior Court Judge denied a former employer’s motion for a restraining order in a case alleging a violation of a non-compete agreement and granted the cross motion of the former employee and current employer to compel arbitration even though the current employer was not a party to the arbitration clause which was included in the former employee’s Employment Agreement.

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