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Canada: Vale Fined $150,000 For Failing To Report Spill - Dianne Saxe Professional Corporation, Saxe Law Office

Fines for not reporting environmental spills are soaring. Vale Canada Limited has pled guilty to one violation under the Ontario Environmental Protection Act for failing to notify the Ministry of the Environment of an oleum acid escape during tanker loading.

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Found more than 1 month ago on channel Mondaq

United States: Two Recent SEC No Action Letters Establish Standards For Crowdsourcing Online Platforms Limited To "Accredited Investors" To Avoid Registration As A Broker-Dealer - Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

In two recent no action letters, the Securities and Exchange Commission granted no action relief for two venture capital online funding platforms, allowing them to avoid registering as broker-dealers under the Securities Exchange Act of 1934 even though their affiliates will receive some compensation in the form of a carried interest.        

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Found 1 month ago on channel Mondaq

United Kingdom: Daejan Investments Limited – v – Benson & Others - Charles Russell LLP

Pursuant to Section 20 of the Landlord and Tenant Act 1985 a landlord is required to consult with lessees prior to undertaking "qualifying works".        

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Found 1 month ago on channel Mondaq

United States: California's Revised Uniform Limited Liability Company Act - Sheppard Mullin Richter & Hampton

The California Revised Uniform Limited Liability Company was signed into law by Governor Jerry Brown in September 2012, and it replaces the Beverly-Killea Limited Liability Company Act, and significantly revises the rules for formation and operation of Limited Liability Companies in the state of California.

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Found 1 month ago on channel Mondaq

Canada: Changing The Landscape Of Ontario’s Environmental Approvals Process - Osler, Hoskin & Harcourt LLP

The Ontario Ministry of the Environment has made sweeping amendments to the Ontario Environmental Protection Act and the Ontario Water Resources Act through the omnibus Open for Business Act, which received Royal Assent on October 25, 2010.

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Found 1 month ago on channel Mondaq