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Newsletters / Alerts

All Newsletters / Alerts

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.
2/18/2015
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.
2/6/2015
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.
2/5/2015
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.
1/30/2015
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.
1/29/2015
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).
1/26/2015
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.
12/9/2014
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.
12/3/2014
Effective January 1, 2015, two new rules will go into effect by the U.S. Department of Labor – Occupational Safety and Health Administration (OSHA) that will impact most all employers. One rule relates to recordkeeping and the other rule relates to reporting injuries to OSHA. Meanwhile, another rule is likely to go into effect that will force employers to change how they treat employees who experience on-the-job injuries and illnesses.
10/23/2014
On August 14, 2014, in a dispute regarding entitlement to proceeds resulting from an auction of livestock in possession of a dairy farmer-debtor, the U.S. Court of Appeals for the Sixth Circuit issued an order in favor of a dairy cattle lessor, despite the secured creditor’s pre-existing security interest in all livestock “currently owned or hereafter acquired.”
10/20/2014