News

Sandoz v. Amgen: Interpretation of the Biosimilar Act Results in Dismissal for Lack of Subject Matter Jurisdiction for Declaratory Judgment

By EsqSocial Corporation 19/11/13

On November 11, 2013, the U.S. District Court for the Northern District of California in Sandoz, Inc. v. Amgen, Inc. and Hoffman-La Roche, Inc., Docket No. C-13-2904, made the first-ever judicial interpretation of the Biologics Price Competition and...

Kevin Trudeau off to jail (hopefully) – when law is the only remedy for fraud

By EsqSocial Corporation 19/11/13

Recently, Slate.com posted an article on Kevin Trudeau’s most recent $37 million fine, and likely imprisonment for contempt of court when this notorious snake oil salesman doesn’t pay up. This article, titled “Kevin Trudeau: Quackery Promoter Jailed...

Indian Corporation Pays Record Fine Of $34 Million To U.S. Government To Settle Allegations Of Systemic Visa Fraud And Abuse Of Immigration Processes

By EsqSocial Corporation 19/11/13

Infosys Corporation, an Indian corporation with offices in 17 cities in the U.S., has agreed to a civil settlement of $34 million to settle allegations of systemic visa fraud and abuse of immigration processes in the B-1 visa and H-1B visa process....

Ex-prosecutor who proclaimed innocence takes plea in federal misdemeanor case

By EsqSocial Corporation 19/11/13

A popular West Virginia prosecutor who got too close to the wrong people pleaded guilty on Monday to a federal misdemeanor charge.

Shale Growth Fuels Oil Producers’ Stocks

By EsqSocial Corporation 19/11/13

Amidst impressive crude oil production numbers from U.S. shale fields, investors are driving up the stock of companies in a strategic position to capitalize on the growth of shale exploration. Through the end of October, the three...

CFPB files amicus brief in NY tribal payday lending case; update on CIDs issued to tribal lenders

By EsqSocial Corporation 19/11/13

The CFPB has filed an amicus brief in the U.S. Court of Appeals for the Second Circuit in The Otoe-Missouria Tribe of Indians et al. v. New York Department of Financial Services et al., a case stemming from New York’s concerted crackdown on the...

China to Introduce Intellectual Property Court

By EsqSocial Corporation 19/11/13

China announced its boldest plan in 30 years to overhaul a multitude of economic and social policies, with the release of “The Decision on Major Issues Concerning Comprehensively Deepening Reforms” on November 15, 2013....

ABA seeks to limit reach of Anna Nicole Smith case restricting bankruptcy judges’ powers

By EsqSocial Corporation 19/11/13

Bankruptcy courts may decide matters outside their constitutional authority without violating Article III of the Constitution, as long as the litigants consent, the ABA argues in an amicus brief filed with the U.S. Supreme Court.

Rating Agency Developments - November 19, 2013

By EsqSocial Corporation 19/11/13

On November 13, Moody’s released its FHA-VA RMBS surveillance methodology. On November 12, Moody’s released its approach to assessing swap counterparties in cash flow transactions. On November 12, DBRS released its rating methodology for assessing...

Lawmakers Rule Out Immigration Reform in 2013

By EsqSocial Corporation 19/11/13

Immigration reform has been on the backburner for the past several months with little to no progress made. As we have reported, the stall in immigration reform caused many to doubt whether immigration reform will be enacted this year. Last Wednesday,...

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