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Dentons' Singapore CEO Philip Jeyaretnam, SC, named "Managing Partner of the Year"
Dentons Global Vice-Chair and Singapore Chief Executive Officer Philip Jeyaretnam, SC, was named "Managing Partner of the Year" at the Asian Legal Business Southeast Asia Awards on May 20, 2016.
Judge rules HHS can't pay cost-sharing subsidies to QHPs, but allows funding to continue
In a May 12, 2016, decision, a US district court judge granted summary judgment to the US House of Representatives on the question of whether funds had been appropriated to pay qualified health plans (QHPs) for reduced cost-sharing subsidies under Section 1402 of the ACA. The court answered in the negative and enjoined "any further reimbursements under Section 1402 until a valid appropriation is in place." However, it stayed the injunction pending any appeal, which the Obama Administration has already indicated it intends to file.
Mortgagees take note: the Law Commission thinks you might be special
The Law Commission recently published its consultation paper on updating the Land Registration Act 2002 (the Paper). Among the numerous proposals is one that will be of particular interest to mortgagees: views are invited on limiting the circumstances in which a mortgagee can claim against the Land Registry's indemnity. The effect would be to treat mortgagees as a special category of applicant but not necessarily to their advantage.
Businesses reap the benefits of Environmental Health and Safety improvements
A strong focus on Environmental Health and Safety (EHS) in the UAE is driving positive change on construction projects shaping the Emirates' evolving skyline. While risk is an inevitable part of any building project, effective management of EHS issues is delivering strong benefits for businesses across the industry.
Digital Single Market update – revised cross-border portability of online content services proposal leaked
A revision of the European Commission's proposal and draft Regulation on ensuring the cross-border portability of online content services in the EU has recently been leaked. The proposal provides a useful insight into where things are heading prior to the Regulation being finalised. This update looks at what has changed since the original draft Regulation was released in December 2015, and the implications for media companies.
Starting your career as a student at Dentons exposes you to a world of experience and opportunities
With 125+ locations in 50+ countries, Dentons is home to top-tier talent that is found at the intersection of geography, industry knowledge and substantive legal experience. Working with Dentons, you will have the opportunity to learn from the best lawyers in the industry at the largest law firm in the world.
Dentons wins four Turnaround Atlas Awards for excellence in international restructuring
On May 17, 2016, at a celebratory gala held in association with the Restructuring and Distressed Intelligence Forum, the Global M&A Network honoured Dentons with four Turnaround Atlas Awards, honouring excellence in international restructuring, special situations M&A, judicial and out-of-court reorganizations.
Dentons to expand in Germany with new Munich office
Global law firm Dentons will open a new office in Munich on July 1, 2016, with the hire of three partners. This will be Dentons’ third office in Germany, adding to its significant presence in Berlin and Frankfurt. The team joins from Norton Rose Fulbright.
Dentons launches global shared services strategy with new EMEA business services center
Global law firm Dentons continues its momentum by today launching its shared services strategy with the announcement that it will be opening a new business services center in Poland later this year.
The US House Appropriations Subcommittee on Energy and Water approved fiscal year 2015 funding this week for the Department of Energy, the Corps of Engineers and related agencies. The bill totals US$34 billion—US$50 million below the 2014 enacted level, but US$327 million above the President's request. It reflects a re-ordering of priorities from the President's request, with a major increase for the Corps of Engineers of nearly US$1 billion and a greater emphasis within the DOE budget on fossil and nuclear energy programs, with cuts made to renewable energy program funding.
The bill increases overall funding for DOE's energy programs by US$113 million above the fiscal year 2014 enacted level. Within that total, funding for DOE's fossil energy programs is increased by more than US$30 million and nuclear energy programs receive nearly US$10 million over last year's level. Funding for the office of Energy Efficiency and Renewable Energy is reduced by US$113 million below last year's appropriation. The subcommittee states in its bill summary that this allocation "prioritizes and increases funding for energy programs that encourage U.S. economic competitiveness and that help advance the nation's goal of an 'all of the above' solution to energy independence."
Funding for the Office of Science is kept the same as fiscal year 2014, at US$5.1 billion. Within DOE's defense programs, the subcommittee prioritizes nuclear weapons activities and funding for the naval nuclear reactors program. Both received substantial increases over 2014 enacted levels, while nuclear non-proliferation programs are reduced by just under US$400 million. DOE environmental cleanup programs are cut by more than US$200 million.
The subcommittee provides continued support for Yucca Mountain waste disposal activities. It allocates US$150 million to DOE's Nuclear Waste Disposal program and US$55 million to the Nuclear Regulatory Commission to continue the adjudication of the Yucca Mountain license application. The bill denies funding for the DOE's proposed non-Yucca nuclear waste disposal activities.
The bill now moves to the full House Appropriations Committee for its consideration. The Senate has not yet taken any action on its version of the bill, but the Senate Appropriations Subcommittee on Energy and Water is expected to take a different approach to funding of DOE's energy programs by rejecting the House's large cut in renewable energy research.
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