Pharmaceutical companies that use exclusive patent licenses to bring drugs and medicines to market must now notify the U.S. antitrust agencies of more of these types of licensing transactions and await approval before consummating them. On November...
A recent Delaware decision, in re Trados Incorporated Shareholder Litigation, underscores a director’s responsibilities in “underwater” venture deals. In a 114-page opinion by Vice Chancellor Laster, the court reviewed the sale of Trados...
Many people do not believe they will ever be the victim of a slip and fall injury. However, this type of injury is not limited to the elderly or people who have difficulty walking. A fall can occur to anyone, at anytime and anywhere....
Generally, the owners, officers and employees of a corporation or limited liability company are not personally liable for the actions or conduct of their companies. However, a recent decision by the United States District Court for the Eastern...
Both sides declared victory when a federal judge certified a class action on Friday in a suit against the National Collegiate Athletic Association by athletes challenging the use of their likenesses without compensation. U.S.
Many people who are named executor in a friend or loved one’s will haven’t served in such a role before and have little basis of knowledge as to what will be expected of them. Clients often ask, “what does the executor do?” or “what is my role as...
When it comes to risk management, corporate board members may be surprised (and dismayed) to know that they themselves pose security risks to the business, according to a new Thomson Reuters survey.
Construction mediator Christopher Hill, LEED AP discusses the expense of construction litigation and alternatives to that process. Construction litigation is an expensive proposition that is generally unplanned for in any construction company's...
The Office of the Comptroller of the Currency (“OCC”) has revised its risk management guidance on third-party relationships, advising banks to adopt risk management processes that provide more comprehensive oversight and management of third-party...
Virginia construction attorney, Christopher Hill, discusses his thoughts on construction lawyers and necessary evils at Construction Law Musings. Construction attorneys can be a helpful resource to contractors and subcontractors as they negotiate...
