The Government of India ("Indian Government") has approved a number of significant amendments to India's foreign direct investment ("FDI") policy in a variety of sectors including aviation, broadcasting, power and retail.
Client Alert | October 1, 2012
Printable PDFOn December 15, 2010, the Securities and Exchange Commission (the "SEC") proposed rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") relating to: (1) conflict minerals; (2) mine safety matters; and (3) resource extraction issuer payments to governments. Each of the proposed rules was approved by the SEC without questions. Comments on the proposed rules must be submitted to the SEC by January 31, 2011. This Alert is based upon information from the SEC open meeting and related press releases of December 15, 2010.
Client Alert | December 15, 2010
Indonesia's Law No. 4 of 2009 on Minerals and Coal Mining (the 'New Mining Law') replaces Law No. 11 of 1967 (the 'Old Mining Law'). The New Mining law was approved by the President on 12 January 2009 and is now the prevailing law of Indonesia.As is commonplace in Indonesia, the legislation is augmented by implementing regulations, which provide details of the new regulatory regime.
Client Alert | July 2, 2010
A recent federal district court decision in Maryland confirms that the restrictions of the Endangered Species Act (hereinafter "ESA") will be deemed to fully apply to renewable energy projects.
Client Alert | January 25, 2010
European Commissioner for Competition Neelie Kroes is maintaining her push for ownership unbundling in the electricity and gas sectors. Despite the protests of the French and German governments, the Commissioner is intent on forging ahead.
Client Alert | May 4, 2007