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  For example, in January 2022, the FTC voted 4-0 (i.e., across party lines) to issue a complaint to block Lockheed Martin’s vertical acquisition of Aerojet Rocketdyne, in what would have been the FTC’s first defense industry merger litigation in decades.6  Several weeks later, the parties abandoned the transaction, due, in part, to the FTC’s lawsuit.7  The DOJ’s pending litigation of UnitedHealth’s proposed acquisition of Change Healthcare and… [read post]
17 Aug 2022, 4:00 am by Kyle Hulehan
State Cigar Tax Rates in 2022 and projected One-Year Tax Revenue Declines from a Flavored Cigar Ban   Tax Rate Percent of Sales that are Flavored     State Little Cigars Large Cigars Little Cigars Large Cigars Reduction in Annual State Tax Collections Rank of Revenue Loss Alabama $0.004 $0.04 38.9 42.1 $2,312,558 29 Alaska 75% of wholesale 75% of wholesale 42.3 42.3 $1,948,360 32 Arizona $0.021 $0.22 50 52.2 $14,021,174 5 Arkansas 68% of wholesale 68% of wholesale 41.1 26.6 $5,400,099… [read post]
2 Aug 2022, 1:55 am by Kevin Kaufman
Table 1: 2022 Sales Tax Holidays and Price Caps State Sales Tax Rate Dates Clothing School Supplies Computers Energy Star Miscellaneous Alabama 4% state + local rates up to 7.5%  February  25-27         Generators ($1,000); weather preparedness supplies ($60)     July 15-17 $100 $50 $750   Books ($30)  Arkansas 6.5% state +local rates up to 6.125% August 6-7 $100 No Cap     Clothing accessories ($50) Connecticut 6.35% state April… [read post]
  Social and environmental proposals combined represented 53% of all proposals submitted, up from 44% in 2021, with social proposals representing 33% of all proposals submitted. [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]
14 Jul 2022, 9:05 pm by Stefan Padfield
  One relevant additional data point presented in the paper provides that, in a 2019 survey of Fortune 100 board members’ ideological makeup, the split was 100 percent Democrat and 0 percent Republican in the Fortune 1-10, and 83 percent Democrat and 17 percent Republican in financial sector companies in the Fortune 1-100. [read post]
13 Jul 2022, 1:55 am by Kyle Hulehan
Wisconsin’s State Business Tax Climate Index Rankings Component 2019 Rankings (Backcast) 2022 Rankings Change Overall Ranking 33 27 +6 Corporate Taxes 31 31 — Individual Taxes 39 37 +2 Sales and Excise Taxes 7 7 — Property and Wealth Taxes 20 16 +4 Unemployment Insurance Taxes 40 28 +12 Note: The State Business Tax Climate Index measures how each state’s tax laws affect economic performance. [read post]
27 Jun 2022, 12:00 am by Kluwer Patent blogger
58% work in the evening or at night, 26% during weekends or public holidays, 16% during holidays. 36% don’t work outside working hours. [read post]
21 Jun 2022, 11:30 am by Kyle Hulehan
Key Findings By driving changes to the climate, carbon emissions will impose major long-term economic costs, both here in the U.S. and around the world. [read post]