Free Republic

The new US bill on anti-Russian sanctions will affect European countries cooperating with Russia in the energy sector, and, therefore, these restrictive measures can ultimately run counter to international law, German Minister for Economic Affairs and Energy, Brigitte Zypries, said in an interview with the newspapers, which are part of Germany’s Funke media group, published on Monday. "We believe this is a violation of international law," the minister said referring to the fact that the fresh sanctions may restrict companies’ activities in the EU. "America cannot fine German companies for doing business in another country," she said. "According to Zypries,...

Within a week or so, if not sooner, we can expect the Dodd-Frank Act to become law....there remain hidden provisions that will have more impact than has been generally recognized. This column will focus on three: (1) the whistleblower bounty provisions of the act, which create unprecedented incentives; (2) the act's "clawback" provisions, which potentially affect all current and former "executive officers" of a listed company but that are expressed in vague language of uncertain scope; and (3) its approach to the extraterritorial application of the antifraud provisions of the federal securities laws, where the act expressly reverses some aspects...