In our 29 October 2018 and 30 November 2018 Legal Updates, we discussed the passage of legislation to increase the statutory paternity leave entitlement in Hong Kong from three days to five days.

That increase in paternity leave entitlement will take effect on 18 January 2019.

On November 20, 2018, Federal Law No. 13,777 was passed, establishing a new form of condominium—a "multi-ownership" condominium. Multi-ownership allows the co-owners of a property to each use it for a pre-determined period of time as its single owner.

Bylined article by Banking & Finance partners Barbara Goodstein (New York) and Jennifer Kratochvil (Chicago).

As the third week of the US government shutdown draws to a close with no apparent end in sight, effects are being felt even in the asset-backed securities market.

Perspectives spoke with Litigation & Dispute Resolution partner Chris Mikson (DC), whose training as a physician, registered patent attorney and trial lawyer has opened doors to a colorful and fulfilling career.

Brian D. Hirshberg, J. Paul Forrester, and Anna T. Pinedo discuss the SEC’s new rule establishing a non-exclusive research report safe harbor (“Rule 139b”) for unaffiliated brokers or dealers that publish or distribute research reports regarding qualifying investment funds in Harvard Law School’s Forum on Corporate Governance and Financial Regulation.

Reprinted with permission.

Counsel Bradley Berman and associate Michael Russo discuss the requirements and application of FINRA Rule 2210 in Mayer Brown’s latest On point

Beth Brown, a senior associate in our Pensions Group in London, looks at some recent Pensions Ombudsman determinations of interest.

On December 20, 2018, the US Department of Treasury and the Internal Revenue Service released proposed regulations under Section 864(c)(8) of the Code on the treatment of a foreign partner’s transfer of an interest in a partnership that is engaged in the conduct of a trade or business in the United States.

The US Securities and Exchange Commission (SEC) recently gave a strong reminder of the importance of providing equal or greater prominence to the most directly comparable financial measures calculated and presented in accordance with Generally Accepted Accounting Principles (GAAP) in disclosures containing non-GAAP financial measures.

Mayer Brown has been working on subscription credit facilities and other fund financings for two decades.