Top 10 Headlines from All Regions Canada's newest free trade agreement offers significant benefits to Canadian importers, exporters, and service providers, as well as to investors in several key sectors. Global beer conglomerate InBev, S.A. has announced that it received a request for additional information, or “Second Request,” from the United States Department of Justice (DOJ) relating to its planned acquisition of Anheuser-Busch, Inc. Florida's legislature has just amended various provisions of state law relating to condominiums and homeowners associations. The credit default swap ("CDS") has never beentested in bankruptcy proceedings on any significant scale,particularly under recent amendments to the Bankruptcy Code. On October 3, 2008, the Emergency Economic Stabilization Act of2008 (the Act) was enacted, giving the Secretary of the Treasury(Secretary) the authority, among other things, to implement theTroubled Asset Relief Program (TARP). The ability to move personnel across borders and to recruitskilled workers from abroad is of increasing importance to manybusiness operations. Credit Default Swaps("CDS") are part of a $62 trillion market, thathave gone from obscure to infamous in a matter of months, if notweeks. Last week, the Delaware Court of Chancery rejected the effortsof Hexion Specialty Chemicals Inc. and its affiliatesto avoid consummating a $10.6 billionleveraged cash acquisition by merger of Huntsman Corp. This is likely to be an unprecedented election year in terms ofvoter turnout and participation. With fewer than three weeks toElection Day, it's time to begin planning how you, as anemployer, will handle employee requests for time off to vote. On Monday, September 15, 2008, Lehman Brothers Holdings Inc.(Lehman) filed for Chapter 11 bankruptcy protection in the UnitedStates Bankruptcy Court for the Southern District of New York. Atthis point, only Lehman has filed for bankruptcy, while its U.S.subsidiaries have not. |