There was a time when every federal judge was hailed as a superstar, an embodiment of legal excellence, a beacon of the justice system. This eminent stature of federal judges seems to have lost a bit of its shine in past years due to controversial appointments ranging from dubious qualifications to inexperienced appointees. Loons, unseasoned…
On August 22, 2023, the Federal Circuit issued a nonprecedential decision, a hallmark case between Sun Pharmaceuticals Industries, Inc. and Incyte Corp., that has stirred conversation amongst legal professionals in the pharmaceutical industry. The court held that claims directed to deuterated analogs of ruxolitinib, a powerful treatment option for diseases like myelofibrosis, were unpatentable as…
The Federal Deposit Insurance Corporation (FDIC) recently released its annual Summary of Deposits (SOD) data, as of June 2023. The annual SOD data is the product of the FDIC’s annual survey of branch office deposits for all FDIC-insured institutions. The FDIC’s data offers a comprehensive overview of the deposits totals for over 77,000 domestic offices…
Amicus Therapeutics recently announced FDA approval for their combination treatment for Pompe disease, a rare enzyme deficiency condition. This approval furnishes the pharmaceutical company with the opportunity to support patients as yet inadequately served by the current standard of care, specifically treatments by Sanofi. Globenewswire has reported that the granted approval extends to the treatment…
Allen & Overy has fortified its dispute resolution practice with a new addition to its Warsaw team. Adam Kowalczyk, a litigation partner from Bird & Bird, is set to bring his expertise in general commercial litigation, white collar crime, and investigations to the firm. Adam Kowalczyk has been a partner at Bird & Bird since…
In recent energy updates, the U.S. Energy Secretary Jennifer Granholm announced on Monday an ambitious plan of the Biden administration. As part of the nation’s transition to clean energy, they endeavor to develop a commercial nuclear fusion facility within the next 10 years. This signifies a bold approach towards clean and efficient energy consumption on…
In the high-paced sphere of commercial real estate, there are instances when buyers and sellers may not be able to complete all contractual obligations before the closing of the deal. Often, they will specify certain “post-closing” matters within the contract. Regrettably, if these provisions are not meticulously drafted to “survive” the closing process, their terms…
Recent reports indicate that a partner from Latham & Watkins has decided to join the ranks at Covington & Burling in London. These events unfold amidst a series of talent shuffles within the law industry, noting that Latham had previously witnessed two partner departures within a week earlier this year. However, it’s significant to note…
Quinn Emanuel Urquhart & Sullivan, noted trial firm, is expanding its international operations against the backdrop of an economic downturn. The firm has recently established offices in locations including Beijing and the UAE. The firm is now also eyeing entry into the Southeast Asian market with a proposed Singapore entity. The firm announced its intent…
In a significant development in pharmaceutical patent litigation, the case of Astellas Pharma Inc. v. Sandoz Inc., Civ. No. 20-1589, has been making waves across the legal landscape. The argument revolves around the drug Myrbetriq® (mirabegron) and U.S. Patent No. 10,842,780 (the ’780 patent). The proceedings were held in the Delaware District Court, on June…
Legal professionals increasingly need to keep abreast of issues surrounding the rapidly proliferating electric vehicle (EV) charging stations on commercial properties. These infrastructures are appearing not only at dedicated charging facilities and automotive dealers but also at diverse places like apartment complexes, offices, hotels, shopping centers, entertainment venues, recreational sites, public parking lots, and even…
The Consumer Product Safety Commission (CPSC) has recently announced a request for information (RFI) in relation to per- and polyfluoroalkyl substances (PFAS) as they pertain to commercial products or potential consumer products. The directive pertains specifically to gaining further insight into potential exposure from usage of PFAS in consumer products, as well as possible health…
In a significant recent development, Meitheal Pharmaceuticals, Inc. has announced an exclusive licensing agreement with Tonghua Dongbao Pharmaceuticals Co., Ltd. The agreement aims to bring Tonghua Dongbao’s three insulin biosimilars (insulin aspart, insulin lispro, and insulin glargine) into the U.S. market. The expanding influence of biosimilars in the pharmaceutical sector has been a much-discussed topic…
In recent years, selling customer mailing lists —a long-established practice— has found itself in the hot seat of legal disputes. Litigations have been brought forward alleging violations of customers’ right of publicity from the sale of such lists. This increase in lawsuits was discussed in depth in the 2023 Data Security Incident Response Report. These…
In the field of corporate law, a recent analysis on Jdsupra has clarified the paramount rights of secured creditors in receivables. It notes that accounts receivable doesn’t just serve as a crucial source of collateral; these receivables, along with other rights to payment, effectively constitute the lifeblood of asset-based lending, securitizations and factoring arrangements. The…
Navigating the complex landscape of legal indemnification can be a daunting task, even for seasoned attorneys and corporate legal professionals. A recent case in Ohio sheds light on the applicability of indemnification and the standards that need to be met for a successful claim. In the appeal case, Bradford v. A Star Properties LLC, that…
In Florida, commercial landlords need to understand their potential vulnerabilities around tenant construction liens. This risk extends to contractors performing work for their tenants, which could inadvertently result in the landlord’s land and building being subjected to liens. The changing economic climate has led to a high turnover of commercial buildings, often leaving new owners…
In an evolving competitive landscape, Asian law firms are increasingly turning to mergers as a strategic measure. One clear example is a prominent Malaysian law firm—Rosli Dahlan Saravana Partnership (RDS)—that is actively hunting for a local merger partner. According to senior law firm partners in the region, this move could transform the merged entity into…
Earlier this month, an important judgement was issued by the Massachusetts Supreme Judicial Court (SJC), reaffirming the enforceability of accelerated rent as liquidated damages following a lessee’s default in commercial leases. The notable case was Cummings Properties, LLC vs. Darryl C. Hines, No. SJC-13406 (Sept. 25, 2023). For commercial landlords, this ruling provides assurance of…
In a significant development in the industrial sector, particularly for commercial fusion and clean energy initiatives, Helion Energy, Inc., a fusion power organization, and the Nucor Corporation, North America’s largest steel producer and recycler, announced a promising collaboration. The agreement calls for the development of a 500 MWe Helion fusion power plant at a Nucor…
On September 26, 2023, Amazon found itself at the epicenter of high-stakes legal proceedings as the Federal Trade Commission (“FTC”) and a collective of seventeen State Attorneys General geared up to take action against the e-commerce giant. The allegation? Violation of federal and state antitrust laws, as communicated in a meticulous 172-page complaint. It’s a…
In a remarkable decision, the Fairfax County Board of Supervicors in Virginia has adopted an innovative plan named ‘Parking Reimagined’ on September 26, 2023. This fresh initiative carries significant implications for both commercial and multifamily uses in the locale, as it ushers in substantial parking reductions. However, it should be noted that the final multifamily…
As the clock nears 12:01 am on October 1, 2023, commercial companies with government contracts are bracing for potential disruptions due to a looming government shutdown. Informed on September 28, 2023 about the shutdown’s imminence, these organizations find themselves in a situation fraught with uncertainty. Times like these, often marred with confusion about rights and…
Under a new benchmarking program initiated by the New Jersey Board of Public Utilities (BPU), beginning October 1, 2023, reporting energy and water use will soon be a requirement for substantial commercial property owners. All owners or operators of commercial properties over 25,000 square feet in New Jersey will need to log their energy and…
In the pursuit of a carbon-neutral future, every industry faces considerable challenges, and aviation is no exception. Large commercial aircraft are responsible for approximately three-quarters of this sector’s carbon dioxide emissions. The concept of batteries light enough to power these immense vehicles over lengthy distances is still far off in the distant future. And even…