Empowering Women’s Voices: Upcoming Conference on Women in Insurance and Litigation

The legal profession, encompassing insurance and litigation, has long been dominated by men. However, a shift in focus is coming onto the radar with the upcoming “Women in Insurance and Litigation Conference” scheduled for October 26th in New York, NY, striving to acknowledge and amplify women’s roles in these fields. The conference organizer, Perrin Conferences,…

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Second Circuit Ruling Eliminates Fairness Presumption for Arm’s Length Class Settlements

In a crucial ruling, the Second Circuit has declared that a fairness presumption no longer automatically applies to class settlements that have been negotiated at arm’s length. This change presents a shift in the approach, set to influence how courts evaluate the fairness of proposed class settlements. Previously, district courts examining settlements negotiated at arm’s…

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Empowering Legal Professionals: Harnessing the Power of Bylined Articles in the Modern Media Landscape

In a swiftly changing media landscape, attorneys have a new tool to secure their own media coverage: bylined articles. Contrary to the diminishing impact of traditional media due to the proliferation of online information and the downsizing of editorial teams, the popularity of lawyer-generated content has expanded. The reason? The growth of content marketing. A…

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Qualcomm Antitrust Litigation Resolved: Federal Judge Grants Chipmaker’s Summary Judgment

A California federal judge has granted summary judgment to Qualcomm Inc. in the antitrust multidistrict litigation concerning the chip manufacturer’s “no license, no chips” policy. This case has attracted significant attention due to Qualcomm’s status as both a manufacturer of cellphone chips and a licenser of essential patents within the industry. The plaintiffs in the…

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Navigating Legal and Ethical Considerations in the Age of AI-driven Business Operations

Artificial Intelligence has taken center-stage in the business landscape with an increasing number of organizations turning to it for more efficient processes, task automation, and low-cost content generation. Consumption of AI is not just confined to polarizing and intriguing applications, or popular chatbots like ChatGPT, Google Bard, and Bing Chat, as reported in a recent…

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Tenth Circuit Rules ERISA Overrides Oklahoma PBM Reform Law, Intensifying Preemption Debate

In a noteworthy legal development, the Tenth Circuit has ruled that the Employee Retirement Income Security Act (ERISA) overrides the Oklahoma Pharmacy Benefit Manager (PBM) reform law. This decision came in response to a petition filed by the Oklahoma Attorney General seeking an En Banc Rehearing on September 19, 2023. The Oklahoma Attorney General’s petition…

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China Intensifies Anti-Corruption Efforts in Pharmaceutical and Medical Services Industries

Recent enforcement action in China’s pharmaceutical industry has led to the initiation of a widespread anti-corruption push. On May 8, 2023, the National Health Commission of the People’s Republic of China (PRC) – in conjunction with 13 other government departments – issued the “Key Highlights for Combating Corruption in the Medicine Purchase and Sale Industry…

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European Commission Aims to Strengthen Late Payment Rules for SME Protection

In recent legislative updates, on September 12, 2023, the European Commission proposed an amendment to the EU’s rules on tackling late payments in commercial transactions. This move is set to revise and potentially replace the Late Payment Directive (EU Directive 2011/7/EU). The Commission’s overarching objective with this proposal is to temper the considerable effects late…

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Navigating China’s IP Landscape: Trademark Application Challenges and Evolving Regulations

It is no secret that the process of successfully registering trademarks in China is filled with challenges due to an overwhelming number of existing, valid registered trademarks and large annual intake of new applications. The 2022 annual report of the China National Intellectual Property Administration (CNIPA) starkly highlights this issue, indicating the preliminary approval rate…

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56th Annual Immigration and Naturalization Institute: A Comprehensive Dive into Contemporary Legal Trends

Coming up on November 28th to 29th, the city of New York will play host to the 56th Annual Immigration and Naturalization Institute, a hybrid event organized by Practising Law Institute (PLI). Known to offer insight from an outstanding faculty of expert practitioners, the Institute is set to discuss several recent legal developments, key immigration…

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Life Sciences Sector and Product Liability: Expert Strategies for Pre and Early Litigation Risk Management

Taking a proactive approach to product liability risks within the life sciences sector is now more crucial than ever, given the evolving nature of the global legal landscape. In this perspective, Venable LLP is hosting a webinar – Life Sciences Series – Product Liability Risk Management Strategies in the Pre and Early Litigation Time Frame,…

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Cybersecurity & Incident Response Webinar Targets Healthcare Sector Amid Rising Cyber Threats

In an increasingly interconnected world, where cyber threats are constantly evolving and growing, there is an ever-pressing need for businesses, particularly in the healthcare sector, to be informed and equipped to handle potential cyber incidents. Consequently, a webinar on ‘Cybersecurity & Incident Response’ is slated for October 18th from 12:00 pm to 1:30 pm CT,…

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Navigating CCO Liability Risks: Tips for Staying Out of the SEC’s Crosshairs

Law professionals and corporate Chief Compliance Officers (CCOs) operating under the constant supervision of regulatory bodies might find it beneficial to attend an upcoming webinar on “Navigating CCO Liability risks: Tips for staying out of the SEC’s Crosshairs”. The event, slated for October 12th from 12:00 pm to 1:30 pm CT, focuses particularly on mitigating…

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PCAOB Proposal Signals Increased Auditor Accountability for Noncompliance Detection

The Public Company Accounting Oversight Board (PCAOB) has recently wrapped up its comment period concerning a proposal intended to notably enhance the role and accountability of audit firms. The proposal, which pertains particularly to a public company’s non-adherence to laws and regulations – frequently referred to as NOCLAR – encompasses the in-depth evaluation and revelation…

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Navigating Third-Party Relationships: Unpacking the Interagency Guidance in Finance Sector

In the latest episode of The Consumer Finance Podcast from Troutman Pepper, Partners Chris Willis and Glen Trudel provide an in-depth discussion on the recently released Interagency Guidance regarding third-party relationships. This final guidance, a collaborative effort from the Federal Reserve, the Federal Depository Insurance Corporation (FDIC), and the Office of the Comptroller of the…

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Navigating Compliance, Risk Management, and eDiscovery: Strategies for Legal Professionals

Legal professionals find themselves in an increasingly complex business and privacy landscape, wrestling with shifting compliance procedures, evolving risk management practices, information governance changes, and new eDiscovery challenges. More than ever, it is critical for organizations to understand and adeptly navigate this intricate synergy, as improper data management can result in significant repercussions, both legally…

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COVID-19 Business Interruption Debate: NJ Supreme Court Examines Casino Insurance Dispute

The New Jersey Supreme Court recently heard oral arguments in a COVID-related business interruption dispute between Atlantic City’s AC Ocean Walk casino and its insurers. The crux of this dispute revolves around whether the COVID-19 virus or related executive orders caused covered “direct physical loss of or damage” to the plaintiff’s property, and if so,…

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