On December 15, 2011, the United States Congress approved the National Defense Authorization Act for Fiscal Year 2012 (H.R. 1540) (the “Act”), which contains, at Section 1245, new sanctions on Iran that potentially could bar a wide variety of non U.S. financial institutions from access to the U.S. banking system. The legislation is expected to be signed by the President. This advisory discusses those new sanctions.
December 16, 2011
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In addition to announcing the voluntary recalls summarized in the Snapshot, the CPSC announced significant changes to the way it notifies manufacturers of complaints about their products. In the past, the CPSC mailed complaints to manufacturers; now, if a manufacturer has registered for the SaferProducts.gov database, it will receive both SaferProducts-eligible reports and reports not eligible for publication on the database electronically via a manufacturer-only tab on the database. The CPSC also announced that it is enhancing the Business Portal of the database so that businesses will eventually be able to add brand names for their products and the time periods during which they sold the products. These enhancements should lead to a reduction of manufacturer misidentification in reports published on the database.
December 2011
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December 15, 2011
Advisories
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December 2011
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"The Tax Basics of Outbound Domestic Liquidations Under §367(e)(2)," Tax Management International Journal, Vol. 40, No. 12, December 9, 2011.
December 9, 2011
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December 8, 2011
Publications
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December 6, 2011
Advisories
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December 5, 2011
Advisories
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December 2, 2011
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December 1, 2011
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December 2011
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"Impeachment," with William E. Adams, Jr., Evidence in Florida 8th ed., (Florida Bar Continuing Legal Education), 2011.
2011
Publications
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“Executive Compensation,” Business and Commercial Litigation in Federal Courts (3d ed. 2011)
2011
Publications
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December 01, 2011
Advisories
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"The Nature and Nurture of Violence: Early Intervention Services for the Families of MAOA-Low Children as a Means to Reduce Violent Crime and the Costs of Violent Crime," 44 CONN. L. REV. 531, December 2011.
December 2011
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“Celebrity Endorsements in Non-Traditional Advertising: How the FTC Regulations Fail to Keep Up with the Kardashians,” Fordham Intellectual Property, Media & Entertainment Law Journal, December 2011.
December 2011
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This advisory provides further detail on the November 21, 2011, package release of new sanctions on Iran by the Obama Administration. The new sanctions impact the financial services and other sectors. They expand existing sanctions to target the supply of goods, services, technology or support for the “development” of Iran’s “petroleum resources” and the “maintenance or expansion” of Iran’s “petrochemical industry.” They also designate the Islamic Republic of Iran as a “jurisdiction of primary money laundering concern” under Section 311 of the USA PATRIOT Act.
November 22, 2011
Advisories
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“In The Crosshairs: CPSC Consumer Complaint Database,” Law360, November 18, 2011.
November 18, 2011
Publications
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In addition to announcing the voluntary recalls and civil penalties summarized in the Snapshot, the CPSC in October approved extensive independent third party testing protocols for domestic manufacturers, importers and private labelers of children’s products. The regulations, which impose significant new testing and documentation requirements, will go into effect on February 8, 2013.
November 2011
Advisories
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