Private Equity – Fund Formation; Leveraged Buyout
A new Private Equity suite is available on Bloomberg Law and Bloomberg Law: Corporate Transactions. This suite includes two new step-by-step transactions – Fund Formation and Leveraged Buyouts – containing overviews, annotated timelines, checklists, chart builders, forms, document overviews, precedents and other practical guidance that will be of particular interest to corporate and M&A attorneys that represent private equity funds.
M&A Auction practical guidance is now available on Bloomberg Law and Bloomberg Law: Corporate Transactions. This step-by-step collection – containing overviews, annotated timelines, checklists, forms, document overviews and other practical guidance – will be of particular interest to corporate and M&A attorneys representing public and private company clients, as well as those involved in private equity.
Cybersecurity Requirements for Financial Institutions
A new In Practice suite covering the recently enacted New York Cybersecurity Requirements for Financial Institutions has been added to Privacy & Data Security Practice Page under the Plan & Execute tab. An addition In Practice suite covering Cyberinsurance will be added in the near future.
NEW & REVISED BLOOMBERG BNA PORTFOLIOS
Estates, Gifts & Trusts
862-4th: Income in Respect of a Decedent (Section 691)
873-1st Section 1411 – Net Investment Income Tax
U.S. Income Portfolios
628-4th T.M., Transferee Liability (same title)
307-1st: Federal Securities Laws: Executive Compensation Disclosure Rule
309-1st, Insider Trading Under the Federal Securities Laws and Other Insider Trading Restriction
511-1st: Section 1411 — Net Investment Income Tax
575-2nd: Accounting for Long-Term Contracts
Foreign Income Portfolios
7025-1st T.M., Business Operations in the Baltic States (new)
Health Law & Business Portfolios
1050-2nd: Navigating the Telehealth Landscape: Legal & Regulatory Issues (revised)
2200-2nd: Health Care Joint Ventures (new)
Corporate Practice Portfolio Series
Portfolio 32-4th, Trade Associations and the Antitrust Law
Portfolio 53-3rd, U.S. International Antitrust Enforcement (revised)
U.S. International Antitrust Enforcement: A Practical Guide, has been comprehensively updated to address new Department of Justice and Federal Trade Commission guidelines in the areas of intellectual property and international antitrust enforcement and cooperation. Among other changes to reflect recent case law and activity by various enforcement agencies, the update includes a new chapter covering licensing of intellectual property and expanded coverage of issues in discovery of evidence from abroad. The new DOJ and FTC Antitrust Guidelines for the Licensing of Intellectual Property and Antitrust Guidelines for International Enforcement and Cooperation have been added to the portfolio’s practice tools.
The Compliance Risk Benchmarks tool available on the Privacy & Data Security Practice Center under the Plan & Execute tab leverages a proprietary algorithm to produce risk benchmark scores for ten topics across more than 47 countries, based on eight quantitative and qualitative risk factors — e.g., enforcement level, potential criminal and civil monetary penalties, potential criminal imprisonment — as well as editorial textual analysis of the relevant laws and regulations.
Anti-Money Laundering Regulatory Enforcement Tracker
An Anti-Money Laundering Regulatory Enforcement Tracker and accompanying Analytics have been added to the Banking & Finance Practice Center on Bloomberg Law. The new content tracks all regulatory enforcement actions since 2009 for violations of the Bank Secrecy Act and other U.S. anti-money laundering laws and regulations. It tracks actions by all regulatory and law enforcement agencies, including the Financial Crimes Enforcement Network, federal financial regulators, state financial regulators, self-regulatory organizations, the U.S. Department of Justice, state attorneys general, and the Manhattan District Attorney’s Office. Banks, securities and commodities firms, money transmitters and other money services businesses, casinos, precious metals and jewelry dealers, and other businesses are subject to this law. Total monetary penalties exceeded $1 billion in 2014 and have totaled more than $600 million each year since, including more than $600 million in the first quarter of 2017. The tracker also provides analytics on trends in enforcement including a comprehensive overview of AML regulatory enforcement actions that will be useful to: financial institutions facing regulatory, compliance or enforcement issues; regulatory counsel; consulting firms; and other service providers.
Expanded Merger Clearance in International Jurisdictions Tracker
Information for an additional 45 countries has been added to the Merger Clearance in International Jurisdictions tracker on the Antitrust Practice Page. The tracker provides basic statutory authority, filing thresholds and fees, and timelines for government authorities’ review of simple and complex mergers for 79 countries’ merger control regimes.
Trump Administration Reform Tracker
As the U.S. Senate takes up the House-passed American Health Care Act (AHCA) and continues attempting to craft its own version of a healthcare bill that can pass Congress, Bloomberg Law’s Health Care Practice Center will continue to track all key developments. You can follow the latest developments in the Health Care Reform Tracking container on the Health Care Practice Center home page, which includes the Trump Administration Reform Tracker providing in-depth comparisons of proposed AHCA changes against the existing Affordable Care Act (Obamacare). Bloomberg Law also will report daily developments on the legislative and political process in their Health Care Daily Reports.
IN FOCUS PRACTICE PAGES
In Focus: Proxy Regulation
An In Focus: Proxy Regulation page has been added to the Corporate Practice Center home page and the Corporate Governance practice page. On the Securities Practice Center, it is accessible on the home page and the SEC Periodic Reporting page. In Focus: Proxy Regulation gathers in one place regulations, guidance, news, and analysis related to the regulation of the proxy process. It is a great resource for outside and in-house counsel representing publicly traded companies, and will also be of interest to all securities and corporate practitioners who want to stay abreast of new developments and analysis in this area.
In Focus: FCPA
A new In Focus: Foreign Corrupt Practices Act (FCPA) page has been added to the Corporate and Securities Practice Centers on Bloomberg Law. The page pulls together all Bloomberg Law resources on the FCPA, including primary source, treatises and portfolios, cases, dockets, trackers and news. FCPA prohibits bribery of non-U.S. public officials and sets standards for recordkeeping and internal controls at corporations that are publicly traded in the U.S. and is of great concern to corporate counsel and others representing U.S. companies doing business in foreign countries.
In Focus: Autonomous Vehicles
The Tech & Telecom Practice Center includes In Focus: Autonomous Vehicles, aggregating primary and secondary sources, news, and company information on this developing topic. The practice page includes several patent data visualization features and includes an interactive U.S. map displaying proposed and enacted state legislation.
PRACTICE CENTER ENHANCEMENTS
Corporate Practice Center
The Corporate Practice Center features a new Investor Activism Analytics page. Activist investors purchase shares in public companies and then use their ownership interest to obtain concessions from management. These changes can include board seats, management changes, stock buybacks and corporate restructuring, policy changes and other demands. Issuers from the smallest public companies to giants such as GE and Microsoft have been targeted by activists. Companies must be familiar with the activist investor landscape and be prepared to deal with the possibility that they will become activist targets. The Investor Activism Analytics page gathers data on the leading activists, the most commonly targeted companies, and the impact of activist campaigns across different industry segments since 2015; it includes comparative charts and graphs that allow customers to quickly identify the latest trends in the activist investor environment.
Privacy & Data Security
An additional Country Profile for Indonesia has been added under the Privacy & Data Security Practice Page, summarizing the governing laws, regulatory authorities, risk environment and emerging issues in privacy. The number of country profiles now totals 60.
NEW PRACTICE CENTERS
Three new Practice Centers have been added to Bloomberg Law 3.0 in place of the IP/Tech & Telecom Practice Center. Two of the new PCs, Patents & Trade Secrets and Trademarks & Copyrights, are title-managed for separate sale; the third, Tech & Telecom, will be title-managed for separate sale in a future release. Bloomberg Law now has a new Corporate Practice Center, featuring a significant expansion in content developed exclusively for corporate counsel. It integrates practical guidance, expert analysis, commentary, news, primary sources and practice tools on issues of vital importance given the unique role of lawyers in corporations. Developed with extensive input on content and structure from corporate counsel, the Corporate Practice Center enables attorneys to manage a variety of functions quickly and efficiently, such as drafting policies and form agreements, developing workflow strategies for their department and building and running effective compliance programs.
Bloomberg Brief Newsletters – Recent Change
Please note that Bloomberg News has discontinued the following two Bloomberg Brief Newsletters:
- Clean Energy & Carbon
- Technical Strategies
Prior editions of these newsletters will remain available in News Search on Bloomberg Law under the “Climate & Carbon Newsletter” and “Technical Strategies Newsletter” topics. You can locate all current Bloomberg Brief Newsletters can be found by selecting Bloomberg Brief Newsletters as a source in News Search.
BUSINESS INTELLIGENCE CENTER DASHBOARD ENHANCEMENTS
Beginning April 3, you will see enhancements to the tiles that are used to populate customized dashboards on the Business Intelligence Center. In particular, there will be five new tile types: Court Opinions, Patents, All Legal Content, Transactional Precedents and People Search.
These will be in addition to the existing News, Dockets, EDGAR, Law Reports and Company Screener tiles. The EDGAR 10-K Risk Factors tile will be removed, because those searches will now be obtainable through the EDGAR tile.
In addition, the backs of the existing News, Dockets and EDGAR tiles (along with the new tile types being added) will be expanded to include all of the search fields available on the corresponding advanced search forms on Bloomberg Law:
To access Bloomberg Law, please click here.