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In groundbreaking news, the Texas Third Court of Appeals has withdrawn its earlier opinion and issued a new opinion in the Hegar v. El Paso Electric Co. case.  In the case, which has attracted widespread attention, El Paso Electric filed a refund claim with the Texas Comptroller for sales taxes that it had paid on transactions involving “telemetry units that are related to step down transformers,” which are pieces of equipment used to transmit electricity.

In brief What’s new? On April 9, the Superintendence of Companies (“SS”) issued the External Circular No. 100-000004 (the “Circular”). Through this Circular, the SS modified some sections of Chapter X of its Basic Legal Circular, which regulates the obligation to implement a SAGRILAFT for some companies. Among other matters,…

Executive Summary The European Commission (Commission) has issued new guidance on when it will accept referrals of merger control reviews from EU national competition authorities. The new guidance was published on 26 March 2021 with immediate effect. In a change of policy, the Commission will accept merger control referrals from…

Following the declaration by the Philippine government that the Greater Manila area or “NCR Plus” (comprising Metro Manila, Bulacan, Rizal, Cavite and Laguna) will be placed under enhanced community quarantine (ECQ) from 29 March 2021 until 4 April 2021 (unless further extended), the Philippine Economic Zone Authority (PEZA) on 27 March 2021 issued PEZA Memorandum Circular No. 2021-024 (“Circular”), allowing ecozone IT enterprises to implement courses of action to ensure continuity of operations and non-interruption of services during the ECQ period.