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20 May 2020, 1:58 pm by Jason Rantanen
Over twenty of Japan’s major corporations have made a similar commitment to not assert some 300,000 patents through the Open Covid-19 Declaration, including two leading suppliers of COVID tests, LSI Medience and SRL Inc, and Teijin Limited, a Japanese pharmaceutical and information technology company. [read post]
The four insurers in the consolidated case were Maine Community Health Options, Blue Cross and Blue Shield of North Carolina, Land of Lincoln Mutual Health Insurance Company, and Mode Health Plan, Inc. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
Under certain conditions, loans to small companies outside of a group are also permitted. [read post]
22 Apr 2020, 3:37 pm by Xandra Kramer
Already at the end of January, the pilots’ union at American Airlines Group Inc. took legal action to prevent the company from serving China, thereby putting its employees at risk (see for instance this CBS coverage). [read post]
16 Apr 2020, 4:55 am by Hedge Fund Lawyer
District Judge Kevin Castel of the Southern District Court of New York issued an injunction against Telegram Group Inc. [read post]
13 Apr 2020, 7:00 am by Diana Lingyu Jia
Salzberg, Plaintiff Matthew Sciabacucchi purchased shares of common stock from Roku Inc., Stitch Fix, Inc. and Blue Apron Holdings, Inc., either in the initial public offerings for those entities or shortly thereafter. [read post]
13 Apr 2020, 7:00 am by Diana Lingyu Jia
Salzberg, Plaintiff Matthew Sciabacucchi purchased shares of common stock from Roku Inc., Stitch Fix, Inc. and Blue Apron Holdings, Inc., either in the initial public offerings for those entities or shortly thereafter. [read post]
2 Apr 2020, 10:16 am by Dan Bressler
While not our standard conflicts fare, this all seemed worth a consolidated review. [read post]
31 Mar 2020, 1:50 pm by Kevin LaCroix
The SEC defines a private fund as one that would be an investment company but for the fact that it falls into the exemptions of either Section 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940. [read post]
24 Mar 2020, 12:30 pm by James Kim and Scott A. Coleman
The FDIC has issued a proposed rule setting forth the conditions it would impose and the commitments it would require to approve a deposit insurance application from an industrial bank or industrial loan company (collectively, ILC) whose parent company is not subject to consolidated supervision by the Federal Reserve Board (FRB). [read post]
18 Mar 2020, 1:46 pm by Kevin LaCroix
  A number of high profile IPO companies adopted these kinds of provisions, including, for example, Snap, Inc. [read post]
17 Mar 2020, 8:46 am by Joy Waltemath
The General Counsel issued a consolidated complaint against VW Credit and its parent company, Volkswagen Group of America (VWGoA), alleging that the companies each maintained “a mandatory arbitration agreement for certain of its employees that employees reasonably would believe bars or restricts their right to file charges with the Board. [read post]
16 Mar 2020, 12:43 pm by Cynthia Marcotte Stamer
  Beyond any existing accrued rights to paid or unpaid leave due an employee under voluntary company policies and/or federal, state or local mandates, businesses need to understand and be prepared to meet their obligations to provide continued health benefit coverage and reinstatement to benefits as mandated by the Family & Medical Leave Act (“FMLA”) for FMLA covered workers, health plan continuation coverage rights for employees experiencing reductions in hours… [read post]