Major pharmaceutical companies are preparing for a second wave of lawsuits against the Biden administration’s Medicare drug pricing negotiation process, according to Pharmaceutical Research and Manufacturers of America (PhRMA) CEO, Stephen Ubl. His remarks to Bloomberg Law signaled that the industry is bracing for what could be an extended legal battle. The Health and Human…
In response to the high demand for alternative dispute resolution (ADR) services in Florida, the law firm Kluger, Kaplan, Silverman, Katzen & Levine has established a new practice group dedicated to ADR. As parties involved in litigation become more inclined to pursue meditative methods to solve disputes, Kluger Kaplan is keen on meeting the growing…
The complex and knotted issue of compensation after a bank bailout has generated significant legal attention, particularly amongst corporate legal professionals, in recent years. One has only to glance at the litigation emanating from the Dutch SNS banking and insurance group’s nationalization to behold what a daunting task these compensation cases can turn out to…
The U.S. Patent Office, the National Institute of Standards, and the International Trade Administration recently announced their desire for feedback to help structure U.S. policy regarding foreign standard-essential patent (SEP) licensing regulatory regimes. This call for input comes on the heels of a proposal by the European Commission to reform SEP licensing. The decision holds…
In this era of rapidly altering employment legislation, coupled with the nuances of managing the COVID-19 pandemic, the insights of North Carolina plaintiffs attorneys shed light on best practices for employers. Featured in a discussion led by employment law attorney Will Oden, they shared their respective experiences representing employees, alongside guidance on avoiding or better…
In the recent years, private company tender offers have been observed as an important and effective strategy for liquidity. As per a recent analysis conducted by Cooley LLP, a tender offer is one of the ways in which companies can provide liquidity to their stockholders. The utilization of tender offers by private companies exhibits a…
The engrossingly complex terrain of contemporary artificial intelligence (AI) litigation is a topic of vital importance for today’s legal professionals, especially those involved in the corporate and legal sectors. The convolutions of AI – now a conventional term in our common vernacular – are still elusive to many, particularly details of how “artificial intelligence” is…
In yet another twist for the corporate legal world, the Chamber of Chancery has refuted a proposed derivative settlement, given that it felt largely precatory. Dealing a major blow to Knight v. Miller (C.A. No. 2021-0581-LWW), this judgment shows how seriously the courts are considering Rule 23.1(c) and the integral elements of settlement approval. Derived…
In an age where data privacy concerns seem to rise in direct proportion with the escalation of online activity, new legislation arrives that poses significant obligations on data brokers. On October 10, 2023, California’s governor, Gavin Newsom, signed SB 362 into law, commonly referred to as the “Delete Act”. This enacts a stride towards establishing…
Quinn Emanuel Urquhart & Sullivan has expanded its legal team with the addition of Avi Perry as a partner based in the firm’s Washington, D.C. office, a move announced by the firm earlier this week on Monday. Perry will step into multifaceted leadership roles. Notably, he will serve as co-chair of both the securities litigation…
The outlook for restaurants and food service establishments heading into 2024 is rife with opportunities and challenges alike. Amidst a new wave of employment trends, increasing emphasis on sustainability, and growing reliance on technology, industry stakeholders have a blend of possibilities and issues to navigate. Spearheading the changes are new employment trends being observed across…
In a markedly active month, September 2023 saw an abundance of Ponzi litigation, with nearly a dozen new complaints alleging fraudulent investment activity. This spree of litigation is primarily being driven by the U.S. Securities and Exchange Commission (SEC). Reports indicate that four enforcement actions were brought forth by the SEC in September alone. These…
Quinn Emanuel Urquhart & Sullivan is adding Avi Perry, a former Justice Department official, to their partnership in Washington, D.C., further strengthening the firm’s securities litigation, commodities, derivatives, and investigations groups. Prior to his move, Perry served as chief of the market integrity and major frauds unit in the criminal division’s fraud section at the…
In a recent decision in the case of LCT Capital, LLC v. NGL Energy Partners LP, C.A., the Superior Court CCLD demonstrated its adherence to Superior Court Rule 54. According to this rule, costs are, as a standard, accorded to the party that prevails. However, the Superior Court took a different stance concerning costs connected…
On Wednesday last week, a significant movement occurred in the Senate Commerce Committee where a voice vote was cast to push forward President Biden’s nominees for the two open Republican Commissioner positions in the Federal Trade Commission (FTC). The two nominees, Andrew N. Ferguson and Melissa Holyoak, have now found their candidacies progressed to the…
Legal professionals, corporate law teams, and law firms around the globe have a unique opportunity coming their way: a seminar on litigation skills, taking place from February 28th to March 1st in sunny Miami, Florida. This event is presented by the Defense Research Institute’s (DRI) and the Center for Law & Public Policy. The two…
In the complex and fast-paced world of law, attorneys are often confronted with a myriad of alternative career paths that can take them beyond the traditional roles in firms and courtrooms. One such individual who has succeeded in breaking the mold is Jordan Gardner, Senior Client Development Manager at Priori. His unique career trajectory contains…
The City of Norwalk, noted as the sixth largest city in Connecticut, is close to finishing its 2023 real property revaluation. This revaluation is being done on the principle of “full measure and list” – an approach which integrates the outcomes of property inspections into the revaluation. This critical step, according to a report by…
As we navigate the legal landscape surrounding insurance developments, it’s critical to stay updated on significant court rulings and regulatory changes that can impact claims and business operations. Speedy dissemination of such updates provides an advantageous insight for legal professionals, allowing for proactive adjustments to appropriate litigation or business strategies. One matter worth noting from…
One of the prevalent discussions in the realm of product liability law taps into the developing trend where plaintiffs structure their cases as a RICO (Racketeer Influenced and Corrupt Organizations) claim, a reflection of an extension from a products liability action. This trend was initially introduced and discussed in an earlier blog post, as a…
Attorneys for plaintiffs are attempting to forge a brand new cause of action against universities, based on a long-standing law regulating videotape service providers, according to a recent episode of the podcast DSIR Deeper Dive. This exploration forms part of an ongoing analysis of implications from the 2023 Data Security Incident Response Report (DSIR). The…
The Southern District of Texas has reached an agreement to refer impending lawsuits filed against the former Southern District bankruptcy Judge David R. Jones to a judge outside of the district. Among these lawsuits is the case that instigated the ethics investigation against Jones. This move comes amid ongoing litigation against the former judge, raising…
Companies across various industries are facing a potentially precarious future due to mounting litigation linked to the use and proliferation of ‘forever chemicals’. Lurking risks to their bottom lines from these lawsuits could be significant, with predicted liabilities stretching into the trillions of dollars. The industry’s concern centers around per- and polyfluoroalkyl substances, commonly known…
Every year approximately three dozen law clerks, having worked alongside Supreme Court Justices, enter the legal field with auspicious prospects before them. These individuals typically have career paths leading towards high-ranking government positions, lucrative roles within premier law firms, and occasionally political careers or a seat within the U.S. Senate. However, an intriguing field is…
In a move set to reshape stringent financial industry practices, the Consumer Financial Protection Bureau (CFPB) recently published an Advisory Opinion stipulating new regulations for large banks and credit unions handling customer information requests. The advisory is uniquely applicable to financial institutions boasting $10 billion or more in assets. According to the Advisory Opinion, starting…