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According to the Comisión Nacional de Hidrocarburos (e.g., the National Hydrocarbons Commission; “CNH”), as of Tuesday, February 17, 2015, seven (7) additional companies have procured access to the data rooms from CNH in preparation for Mexico’s Licensing Round 1 shallow water tender.
Update regarding Mexico’s Licensing Round 1 shallow water oil and gas tender. According to the Comisión Nacional de Hidrocarburos (e.g., the National Hydrocarbons Commission; “CNH”), as of Thursday, January 28th, 2015, twenty-three (23) companies have requested access to the data rooms from CNH in preparation for Mexico’s Licensing Round 1 shallow water tender.
Effective January 1, 2015, Louisiana adopted the Louisiana Business Corporation Act (“Louisiana BCA”), which was drafted by Louisiana Law Institute’s Corporations Committee and replaces Louisiana’s Business Corporation Law. The Louisiana BCA is based on the Model Business Corporation Act (“MBCA”), a model act originally drafted fifty years ago by the American Bar Association Business Law Section Corporate Laws Committee.
The U.S. Department of Labor today announced a proposed rule change that would rescind the existing Sex Discrimination Guidelines found at 41 C.F.R. part 60-20 and replace those provisions with new rules regarding current workplace practices as they pertain to federal contractors’ obligations. These are the first changes to these regulations in 40 years.
Employers are increasingly under legal attack for employment law violations. How do you prepare for legal action taken against you? We recommend starting with an employment law audit and review of basic employment documents. When reviewing key employment documents, many employers often fall short of protecting themselves or may have illegal information contained within those key employment documents.
Small oil production and storage facilities often overlook their obligations to develop and implement oil Spill Prevention, Control and Countermeasure (SPCC) plans. These requirements have been issued by the USEPA under the authority of the Clean Water Act (CWA) and the Oil Pollution Act (OPA). The goal of a SPCC plan assist a facility in averting impacts from unplanned oil spills and to reduce the amount of oil from a discharge which reaches surface waters.
On January 13, 2015, a bipartisan group of Senators lead by U.S. Senator Orrin Hatch (R- Utah) introduced the Immigration Innovation (“I-Squared”) Act of 2015. The I-Squared bill will increase the general cap on H-1B visas from 65,000 to 115,000. The bill also will allow the annual cap to increase in any fiscal year from 115,000 to 195,000, if so demanded by the market (e.g. when the H-1B petition filings exceed the cap).
The use of public cloud computing services- broadly defined as contracting with another company for the provision of computing resources (networks, storage, applications, and services), offers many potential benefits for businesses, among them economies of scale, lower capital costs, and improved accessibility.
A wave of FLSA collective (class) actions have been filed against scores of marine shipping and towing companies in the Gulf States for violation of the FLSA. Specifically, these suits claim that the commonly used “day-rate” pay system used for tankermen is improper and the employers owe back overtime pay, liquidated damages, attorneys’ fees and other damages.
Last night President Obama addressed the nation to layout a series of executive actions he is taking to fix the United States' immigration system that everybody recognizes is broken. While such action will not have the permanent force of law because the President does not have the power to create new laws - only Congress can do this – it will resolve several immigration issues for the short-term and bring relief for an estimated 5 million undocumented immigrants currently in the United States, who have no other options to legally reside and work here.