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23 Jan 2024, 9:01 pm by renholding
Cardinal Health The $109 million settlement with Cardinal Health resolves allegations concerning the acquisition and integration of Cordis Corporation from Johnson & Johnson for $1.9 billion in 2015. [read post]
27 Mar 2023, 9:01 pm by renholding
We review a number of significant developments in Delaware corporate law, including the Court of Chancery’s clarification of directors’ oversight duties, and the Delaware General Assembly’s expansion of Section 102(b)(7) of the Delaware General Corporation Law to include exculpation of officers for personal liability arising from breaches of the duty of care. [read post]
30 Nov 2022, 2:13 pm by Kevin LaCroix
”[18]  As Judge McHugh explained:  “[T]he nature and timing of the disclosures here, the lack of transparency, the attempts by Energy Transfer to cast damaging information in a positive light, and the obvious confusion in the market at certain points require a more precise and nuanced analysis of when the market would have absorbed relevant information. [read post]
Since President Biden issued his July 2021 Executive Order on Competition, the antitrust agencies have made broad policy statements promising more aggressive enforcement and have initiated a number of high-profile enforcement actions. [read post]
19 Jul 2022, 2:59 pm by Kevin LaCroix
In the following guest post, the authors revisit the question of whether or not securities class action lawsuits against development-stage biotech companies are likelier to survive a motion to dismiss compared to securities suits against other kinds of companies. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
Royal Dutch Shell plc in May 2021, the Dutch court ordered Royal Dutch Shell to reduce its emissions by 45% by 2030 in response to an action filed by 17,000 Dutch citizens who said Shell’s investment in fossil fuels would threaten their human rights. [read post]
2 Nov 2021, 8:49 am by Shannon O'Hare
The Corte Suprema de Justicia de la Nación (the “Federal Supreme Court”) is the highest court in Argentina. [read post]
5 Feb 2021, 8:17 am by Chukwuma Okoli
Looking at the bigger picture, the current approach of the Nigerian Supreme Court in relation to matters of action in personam demonstrates a clear misunderstanding of applying common law private international law matters of jurisdiction in inter-state matters.[12] If a defendant is resident in a State and/or willing to submit, it shouldn’t matter where the cause of action arose in inter-state and international matters. [read post]
17 Dec 2020, 9:28 pm by Chukwuma Okoli
Interestingly, I had, in that article, borrowed heavily from the writings of Professor Richard Frimpong Oppong, a renowned private international law expert in Africa, and Dr Chukwuma Samuel Okoli, a Postdoctoral Researcher at T. [read post]
22 Nov 2020, 9:31 am by Elie Maalouf
In Upjohn, the Internal Revenue Service (“IRS”) requested from Upjohn Company’s general counsel questionnaires sent to corporate employees by the general counsel.10 When Upjohn Company refused to produce the materials on the grounds of the attorney-client privilege, the IRS moved the court to compel the production of the questionnaires.11 Although the Court found that the questionnaires constituted privileged communications, it concluded that the facts contained… [read post]
16 Mar 2020, 6:43 am by Kevin Kaufman
However, since the largest global digital advertising networks (like Google AdWords or the Facebook or Amazon advertising platforms) are used by everyone from the largest corporations to the smallest “mom-and-pop” stores, the 10 percent rate is likely to apply to a large share of all advertising in Maryland, regardless of the size of the company placing the ad.[2] Notably, Maryland’s rates are not graduated or progressive, meaning that the higher rates do not just fall on… [read post]
29 Oct 2019, 1:55 pm
ASF Holland, B.V., a Dutch Corporation, Total Produce, PLC, an Irish Public Limited Company, April 22, 2019, Docket No. 18-11595, Circuit Judge William Pryor, for Publication) [read post]
4 Apr 2019, 1:57 pm by Ben Vernia
*   *   * Jazz and Lundbeck each entered five-year corporate integrity agreements (CIAs) with OIG as part of their respective settlements. [read post]
2 Apr 2019, 6:50 am by Barry Sookman
” In particular, he says the experience to date suggests that by opening the door to global takedown orders (which wasn’t the order in Equustek in which a global de-indexing order was made) the ruling: invites and risks protracted global litigation; has contributed to Canadian courts more aggressively asserting jurisdiction over online activities; and has encouraged large internet intermediaries to disregard the rule of law online by placing them in the unenviable position of… [read post]