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This quarter’s issue includes summaries and associated court opinions of selected cases principally decided between May and August 2019.
Inside the Courts – An Update From Skadden Securities Litigators
In this issue of The Distributed Ledger, we discuss the IRS' warning letters for over 10,000 cryptocurrency holders, the SEC's settlement with a blockchain company regarding unregistered ICO transactions, and a European Parliament panel's report on blockchain and GDPR, among other key legal developments in the blockchain space.
The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts
In this issue, we examine three recent decisions by the U.S. Supreme Court involving arbitration matters, new litigation arising under the Helms-Burton Act relating to property in Cuba and several U.S. court decisions examining which rival government has the right to represent Venezuela, among other topics.
On September 24, 2019, the EU General Court issued long-awaited but contrasting judgments relating to appeals brought against two European Commission decisions concluding that tax rulings granted by The Netherlands and Luxembourg conferred illegal state aid on Starbucks and Fiat, respectively. While further investigations may be expected, these judgments significantly raise the bar for the European Commission to prove the existence of an advantage granted to the recipient of an EU member state's tax ruling, and provide further arguments to companies involved in appeal or investigation proceedings within the EU.
EU General Court Rules on Starbucks and Fiat State Aid Cases
Latest From Skadden
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FTC Indicates Interest in Enforcement Aimed at Consummated MergersNovember 2019
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SEC Proposes Amendments to the Proxy Rules Regarding Shareholder Proposals and Proxy Voting AdviceNovember 7, 2019
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Criminal Liability and Social Media: Can a 'Like' Be a Crime?November 6, 2019