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IRS Suspends Prior Guidance Limiting Tax-Free Spinoffs
On March 21, 2019, the IRS announced it is temporarily suspending two revenue rulings addressing tax-free spinoffs.
United States
17 Apr 2019
OFAC's Designation Of PdVSA Escalates Venezuela Sanctions
On January 28, 2019, the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") added Petróleos de Venezuela, S.A. ("PdVSA") ...
United States
6 Feb 2019
OFAC Hits ExxonMobil with $2 Million Sanctions Penalty and Public Rebuke
On July 20, 2017, the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") penalized ExxonMobil Corp. and two of its U.S. subsidiaries (collectively, "ExxonMobil") $2 million for violations of the Ukraine-Related Sanctions Regulations.
United States
25 Jul 2017
SEC Adopts Resource Extraction Issuer Disclosure Rule – Changes From The Proposed Rule And Take-Aways For Issuers
On June 27, the SEC adopted Rule 13q-1 under the Exchange Act and related amendments to Form SD.
United States
7 Jul 2016
The SEC's (Re-)Proposed Resource Extraction Issuer Disclosure Rule – An Update, Deep Dive And Selected Takeaways And Action Items For Issuers
During December, the Securities and Exchange Commission (SEC) issued its long-awaited proposed rule (the Rule) on the disclosure of resource extraction payments by public companies.
United States
2 Feb 2016
Department Of The Interior's New "Fracking" Rules Highlight The Importance Of Due Diligence And Compliance Efforts
From an enforcement perspective, the most significant modifications to existing law may be the new "self-certification" requirements.
United States
7 Apr 2015
Department Of The Interior Releases Comprehensive New Rules On "Fracking"
On March 26, 2015, the Department of the Interior formally published a comprehensive set of new rules regarding Hydraulic Fracturing, commonly known as "fracking."
United States
31 Mar 2015
FERC Strikes Back On Financial Market Jurisdiction In BP Manipulation Case
The vexed question of FERC jurisdiction over alleged manipulation of the natural gas futures markets recently bubbled back to the surface.
United States
22 Jul 2014
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