On November 5, 2013, the Internal Revenue Service (IRS) issued final regulations relating to the transfer or assignment of certain derivative contracts. The final regulations, which are provided as Treas. Reg. § 1.1001-4, address......
The Chicago Tribune recently ran a story that will in large part not surprise anyone – car buyers are armed with more information before they walk onto a lot than ever before. But there are some aspects about the article that will surprise people....
On September 24, 2013, Electronic Arts, Inc. (“EA”) reached a $40 million dollar settlement of lawsuits over the use of college athletes’ likenesses in EA’s popular college football video game series NCAA Football. EA also announced it has canceled...
In our final note on the CBP/AILA liaison minutes published this week, we are providing a caution regarding CBP’s interpretation of the automatic visa revalidation rules that could be yet another trap for the unwary, albeit for a small sub-category...
Mexico’s geographic location and solar resources have made it one of the top candidates for solar energy development. However, till 2012, the number of investors in this industry and government support was limited. Now, despite its thriving oil...
U.S. Supreme Court - On August 23, 2013, an online retailer filed a petition for a writ of certiorari with the U.S. Supreme Court seeking review of the New York Court of Appeals’ determination that a New York statute that subjects online retailers...
There may be a dangerous, defective or deadly pharmaceutical hiding in your home. Recently, a company named Fresenius Kabi USA initiated a recall of a potentially dangerous lot of magnesium sulfate. Magnesium sulfate is used for electrolyte...
When I moved my securities litigation practice to a regional law firm from biglaw, I made a bet. I bet that public companies and their directors and officers would be willing to hire securities defense counsel on the basis of value, i.e., the right...
It has been the longstanding rule in Missouri that a litigant may recover his attorneys’ fees and costs from the losing party if the underlying contract expressly authorizes the award of attorneys’ fees. But Missouri courts take very seriously the...
About Court Report: Each week we will report briefly on recently filed biotech and pharma cases. Advec Inc. v. Vector Biosystems Inc. 1:13-cv-00217; filed November 1, 2013 in the Northern District of Florida Infringement of U.S. Patent No....
