Consumer Financial Services partner Stephanie Robinson (Washington DC) was quoted in this article.

Tax Controversy partner Paul DiSangro (Palo Alto) was quoted in this article.

Tax Controversy partner Paul DiSangro (Palo Alto) was quoted in this article.

Consumer Financial Services partner Steven Kaplan (Washington DC) was quoted in this article.

Litigation & Dispute Resolution partner Paul Hughes (Washington DC) was quoted in this article.

A team of WilmerHale litigators recently achieved a major victory when the US Court of Appeals for the Fifth Circuit vacated the US Department of Labor's highly controversial Fiduciary Rule, giving opponents of the regulations embodied by the rule their first victory after several previously unsuccessful lawsuits.

2018-04-02T00:00:00-04:002018-04-02T14:05:47Z

Wilmer Cutler Pickering Hale and Dorr LLP and the Centre for Small States, Queen Mary University of London, held a seminar on 16 March in Brussels on promoting and encouraging trade and commerce in the Pacific region.

2018-03-23T00:00:00-04:002018-03-23T18:48:00Z

Digital Reasoning, a leading artificial intelligence company, announced it has raised $30 million in new funding. International bank BNP Paribas led the funding round and its Global Head of Strategic Investments has joined Digital Reasoning's Board of Directors.

2018-03-23T00:00:00-04:002018-03-23T14:34:51Z

Global Competition Review (GCR) has honored WilmerHale's Antitrust and Competition Practice with the award for Litigation of the Year–Cartel Defence, during the GCR Annual Awards Ceremony on April 10.

2018-04-12T00:00:00-04:002018-04-12T22:04:05Z

Gary Schall, in this article published by The Recorder, shares six critical steps founders can take to forge a strong and open relationship with their new business partners.

2018-04-12T00:00:00-04:002018-04-12T20:59:03ZGary R. Schallhttps://www.wilmerhale.com/gary_schall/gary.schall@wilmerhale.com

On April 10, 2018, Analogic Corporation, a provider of leading-edge healthcare and security solutions, and Altaris Capital Partners, LLC, a leading private investment firm with expertise in Analogic's end markets, announced that they have entered into a merger agreement under which Analogic will be acquired by Altaris for approximately $1.1 billion on a fully diluted basis. 

2018-04-11T00:00:00-04:002018-04-13T22:50:54Z

Interview with head of the London Tax practice James Hill on tax law, recent cases and challenges to the profession.

Bylined article from co-head of the London pensions practice Jay Doraisamy and head of the London Intellectual Property & IT group Mark Prinsley on what companies need to do to prepare ahead of the introduction of the European General Data Protection Regulation (GDPR) on 25 May.

Last week the Financial Crimes Enforcement Network (FinCEN) issued much-anticipated Frequently Asked Questions (FAQs) that provide additional guidance to financial institutions relating to the implementation of the new Customer Due Diligence Rule (CDD Rule), set to go into effect on May 11, 2018.[1] In general, the FAQs clarify certain issues that have caused implementation challenges for financial institutions. While FinCEN's earlier guidance provided a general overview of the CDD Rule—including the purpose of the rule, the institutions to which it is applicable, and some relevant definitions—the new FAQs provide greater detail for financial institutions seeking to comply with the CDD Rule. The FAQs are meant to assist covered financial institutions in understanding the scope of their customer due diligence (CDD) obligations, as well as the rule's impact on their broader anti-money laundering (AML) compliance. While the guidance is helpful in clarifying some of FinCEN's expectations, the implementation challenge lies in applying the CDD Rule to a financial institution's specific products and services.

As financial institutions work to meet the CDD Rule's fast-approaching May 11 compliance deadline, they should pay special attention to the following key areas summarized below.

Read the full alert.

 

 

2018-04-10T00:00:00-04:002018-04-10T16:28:33ZDavid S. Cohenhttps://www.wilmerhale.com/david_cohen/david.cohen@wilmerhale.comFranca Harris Gutierrezhttps://www.wilmerhale.com/franca_gutierrez/franca.gutierrez@wilmerhale.comSharon Cohen Levinhttps://www.wilmerhale.com/sharon_levin/sharon.levin@wilmerhale.comJeremy Dresnerhttps://www.wilmerhale.com/jeremy_dresner/jeremy.dresner@wilmerhale.comMichael Romaishttps://www.wilmerhale.com/michael_romais/michael.romais@wilmerhale.com

Mayer Brown was named a finalist for “Private Equity Law Firm of the Year,” “Project Finance Law Firm of the Year” and “Structured Finance and Securitisation Law Firm of the Year” in the International Financial Law Review (IFLR) 2018 Americas awards. In addition, Mayer Brown advised on six matters that were named as finalists for “Deal of the Year” honors:

Twelve WilmerHale lawyers and three firm practices have been recognized in the 2018 edition of Chambers Europe: Leading Lawyers for Business. 

2018-03-20T00:00:00-04:002018-03-20T17:56:04Z

On April 3, 2018, DriveWealth Holdings, Inc., a company founded to democratize investing in the US stock market through a technology that modernizes and simplifies financial services, announced the closing of a $21 million Series B investment.

2018-04-09T00:00:00-04:002018-04-09T17:21:11Z

A blog post by Anna Gaudoin, published on the WilmerHale W.I.R.E. UK blog. 

2018-04-06T00:00:00-04:002018-04-06T17:10:36ZAnna Gaudoinhttps://www.wilmerhale.com/anna_gaudoin/anna.gaudoin@wilmerhale.com

Litigation & Dispute Resolution partner Laura Hammargren (Chicago) was quoted in this article.

Litigation & Dispute Resolution partner Laura Hammargren (Chicago) was quoted in this article.