December 5, 2018

Pursuing Senior Management and Board Members Remains a DOJ Top Priority

While making clear that pursuing individuals responsible for corporate wrongdoing remains a top priority in every investigation conducted by DOJ, Deputy Attorney General Rod Rosenstein drew a substantial distinction between the treatment of individuals in criminal investigations and civil investigations. Read...

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December 4, 2018

FinCEN Revises Regulations to Discover and Prevent Money Laundering

The Financial Crimes Enforcement Network (FinCEN) issued its sixth Geographic Targeting Order imed at preventing money laundering in all-cash residential real estate purchases made by legal entities. Read the source article at Legal News & Business Law News

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December 4, 2018

Massive Marriott Data Breach Drives Probe by NY

Reports of a record-breaking data breach that compromised the data of up to 500 million Marriott customers triggered New York Attorney General Barbara Underwood to open an investigation. The hotel group described the breach this morning in a statement, saying...

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December 4, 2018

Google CEO Will Testify at House Hearing

Next week, Google's CEO Sundar Pichai will appear before the House to testify at a House Judiciary Committee hearing. As the committee's press release advised, "The hearing will examine potential bias and the need for greater transparency regarding the filtering...

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December 4, 2018

Almost Half of New Partners Not Satisfied With Partner Pay

When looking at the financial aspect of partnership, often senior associates find that accepting partnership actually will put less money in their pockets.  Read the source article at blogs.findlaw.com

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December 3, 2018

Sprint wins decision upholding $140M Time Warner cable verdict

Sprint Corp. won an appeals court decision that affirmed a $140 million patent-infringement verdict against Time Warner Cable Inc. concerning Voice over Internet Protocol services. The U.S. Court of Appeals for the Federal Circuit on Friday affirmed a jury decision...

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December 3, 2018

Activist Stockholder Aided and Abetted a Board’s Breach of Fiduciary Duties but the Court Finds No Damages

The Delaware Chancery Court found that the actions of an activist stockholder in the context of a sale transaction aided and abetted the defendant board of directors in a breach of its fiduciary duty of disclosure but that there was...

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December 3, 2018

Appeals Court Instructs District Court for Second Time on Fair Use of Course Materials

The US Court of Appeals for the 11th Circuit vacated a district court’s judgment for a second time, finding that the lower court misinterpreted its instructions on remand and failed to give each excerpt of the copyrighted works the holistic...

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December 2, 2018

In re Accutane Litigation: A Victory for Pharmaceutical Companies on Choice of Law and Label Warnings

The New Jersey Supreme Court granted pharmaceutical companies two significant legal victories in the Accutane multi-county litigation (“MCL”), which consolidated 532 product-liability from plaintiffs in 45 jurisdictions. In re Accutane Litig.  Read the source article at Legal News & Business...

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November 30, 2018

Biglaw Firm Raided By Authorities For Second Time In Connection With Financial Scandal

Freshfields is being looked at for their tax work for the Canadian Maple Bank, which operated a German subsidiary until 2016 when it declared insolvency. Prosecutors are targeting two partners and a tax specialist with their investigation, though they declined...

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