White & Case
  Publications
Our lawyers share their expertise through by-lined articles in leading legal, business and scholarly journals and through White & Case newsletters, updates and white papers.

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Publications
PDF Motorola Credit Corporation v. Standard Chartered Bank: The New York Court of Appeals Limits Restraints on Assets Held in Foreign Bank Branches
October 2014
Kenneth A. Caruso, Paul Carberry

In Motorola Credit Corporation v. Standard Chartered Bank ("Motorola"), the New York Court of Appeals reaffirmed the "separate entity rule," holding in a 5 – 2 opinion that a judgment creditor’s service of a restraining notice on a foreign bank's New York branch is ineffective to freeze assets held in the bank’s foreign branches.
Align by Design: Global Privacy Authorities Weigh in on the Internet of Things
October 2014
Trevor Nagel, Charles D. May

The rapid growth of the internet of things has sharpened public focus on consumer data protection practices. On October 14th, the 36th International Conference of Data Protection and Privacy Officials offered its views on this evolving debate. Announcing that the "internet of things is here to stay," the group of international data officials issued a declaration highlighting the need for clarity, caution and cooperation in confronting emerging privacy challenges.
California Passes Student Data Privacy Law
October 2014
Daren M. Orzechowski, Ruchita Dhawan

On September 29, 2014, California Governor Jerry Brown, signed a bill into law that mandates the protection of the personal data of school children that use online educational programs. The Student Online Personal Information Protection Act ("SOPIPA") targets operators of websites, online services, online applications, and mobile applications that provide educational services to children from kindergarten through high school. Such operators must refrain from engaging in a host of activities that might be deemed misuse of the personal information of children.
PDF SEC Announces First-Ever Market Manipulation Case Against High-Frequency Trading Firm
October 2014
Paul Carberry, Gregory G. Little, Owen C. Pell

On October 16, 2014, the US Securities and Exchange Commission (SEC) announced a settlement in the amount of US$1 million with Athena Capital Research LLC to resolve claims of market manipulation involving Athena’s use of complex trading algorithms to manipulate the closing prices of thousands of stocks by flooding the market with massive numbers of buy or sell orders during the final seconds of the trading day, a manipulative practice typically known as “banging the close.” This action represents the first-ever market manipulation case brought by the agency against a high-frequency trading (“HFT”) firm.
PDF Prorated Expenses, Finally Deductible
October 2014
Vicente Corta Fernández, Ismael Reyes Retana Tello, Guillermo Aguayo-Garza, Juan Ignacio López Domínguez

As of October 17, 2014, expenses incurred abroad on a pro-rated basis with parties that are not income tax payers in Mexico will be fully deductible to the extent certain requirements are met. The foregoing is pursuant to a new rule issued by the Mexican Revenue Service Administration ("SAT") and published in the Official Gazette on October 16, 2014.


Archived Publications