Legal News

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

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

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

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

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

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

A new federal bill would ban loot boxes, the controversial in-game rewards that have recently made headlines....By: Manatt, Phelps & Phillips, LLP

Presented as a flagship measure of economic reform, the law on growth and business transformation, known as the PACTE Act, came into force on May 24, 2019. Among the changes in the corporate/M&A practice, article 102 of the PACTE Act deserves a...By: White & Case LLP

On July 4, 1776, the thirteen American colonies formally severed their ties to the English throne and parliament. It took a war (which commenced a little over a year earlier) to actually effectuate the severing of those ties. But with the Treaty of...By: Weil, Gotshal & Manges LLP

The Northern District of Illinois held earlier this week that disgraced former Illinois state representative Keith Farnahan’s homeowner’s insurer is not required to cover Farnahan’s civil liability for child pornography.  The court reasoned that the...By: Traub Lieberman Straus & Shrewsberry LLP