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$5 Million Penalty Underscores Importance of Antitrust Compliance in M&A Transactions

The Federal Trade Commission (FTC) announced yesterday that Canon Inc. and Toshiba Corporation agreed to pay a $2.5 million fine each to settle charges that the two companies violated the Hart-Scott-Rodino Act by failing to report Toshiba’s sale of...By: Ballard Spahr LLP
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Ballard Spahr LLP | Jun 12,2019 |

FTC Charges Two Japanese Corporations with Alleged HSR Avoidance Scheme

Two Japanese corporations each agreed to pay $2.5 million to settle Federal Trade Commission (“FTC”) charges of violating the premerger notification and waiting period requirements under the Hart-Scott-Rodino (“HSR”) Act....By: Cadwalader, Wickersham & Taft LLP
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PA Federal Court Nixes Out-of-State Business Entities' Supposed “Consent” to General Personal Jurisdiction as Unconstitutional

In a decision that should have a ripple effect in Pennsylvania state and federal courts, the U.S. District Court for the Eastern District of Pennsylvania held in a June 6, 2019, opinion that “the Pennsylvania statutory scheme that requires foreign...By: Ballard Spahr LLP
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Ballard Spahr LLP | Jun 12,2019 |

Five factors for lenders to consider in connection with a P2P

Although acquisition activity in the European leveraged finance market has been on an upward trajectory since 2012, 2018 saw a substantial increase in buyout activity, which reached €57.6 billion in total, marking a return to issuance levels not seen...By: White & Case LLP
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White & Case LLP | Jun 12,2019 |

New Jersey Labor Department Proposes Regulations On Registration For Public Works Contractors

Under the amended New Jersey the Public Works Contractor Registration Act (PWCRA Amendment), all contractors and subcontractors must certify participation in an apprenticeship program approved by the U.S. Department of Labor (USDOL) in order to bid...By: Jackson Lewis P.C.
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Jackson Lewis P.C. | Jun 12,2019 |

Toward Uncharted Waters – The CVS-Aetna Merger

On June 4 – 5, 2019, Judge Richard J. Leon of the U.S. District Court for the District of Columbia held an extraordinary and unprecedented evidentiary hearing to decide whether to enter the proposed Final Judgment in U.S. v. CVS/Aetna requiring the...By: Orrick - Antitrust Watch
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Orrick - Antitrust Watch | Jun 12,2019 |

Third Circuit Tackles Third-Party Funding Issues in In Re: National Football League Players’ Concussion Injury Litigation

Third-party litigation funding has received increased scrutiny over the past several years, particularly in the context of mass torts, class actions, and multidistrict litigation. Most of this scrutiny has focused on pre-litigation or pre-resolution...By: Drinker Biddle & Reath LLP
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Drinker Biddle & Reath LLP | Jun 12,2019 |

Court Holds That Public Entity Can Unilaterally Replace Subcontractor Under California’s Subletting and Subcontracting Fair Practices Act

The Subletting and Subcontracting Fair Practices Act (Public Contract Code section 4100 et seq.), also known as the Listing Law, is intended to prevent direct contractors on public works projects from “bid shopping” and “bid peddling.”...By: Wendel, Rosen, Black & Dean LLP
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Wendel, Rosen, Black & Dean LLP | Jun 11,2019 |

Financial Daily Dose 6.11.2019 | Top Story: Opioid Maker Insys Files for Chapter 11 Protection

Opioid manufacturer Insys Therapeutics, which just last week agreed to pay $225 million to “settle a federal investigation into the marketing practices for its powerful fentanyl painkiller,” has filed for bankruptcy protection, announcing that it...By: Robins Kaplan LLP
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Robins Kaplan LLP | Jun 11,2019 |

[Audio] Trekking Through Compliance-Episode 9-Dagger of the Mind

In this episode of Trekking Through Compliance, we consider the episode Dagger of the Mind which aired on November 3, 1966, Star Date 2715.1. Compliance Takeaways: Be careful at Christmas parties. How do you test new protocols? How you treat your...By: Thomas Fox
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Thomas Fox | Jun 11,2019 |
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