A federal judge in the Central District of California has dismissed a lawsuit against Nestle over its use of “all natural” on the packaging of its Buitoni pasta products. Pelayo v. Nestle USA, Inc., Case No. 2:13-cv-05213-JFW-AJW (C.D. Cal. Oct. 25,...
Today, the SEC Staff in the Division of Corporation Finance updated the Securities Act Rules Compliance and Disclosure Interpretations to provide a number of new interpretations regarding Rule 506(c) and revised Rule 144A....
A tentative settlement has been reached in the case against a New Jersey township brought by a group of neighborhood residents challenging the township’s redevelopment plans based on the disparate impact theory. The township planned to replace older...
The US Federal Trade Commission, with the concurrence of the Antitrust Division of the US Department of Justice, has amended the premerger notification rules to clarify when a transfer of exclusive rights to a patent or part of a patent in the...
Kris was forced to endure the unthinkable: her daughter had just become the victim of a sexual assault. In the weeks that followed, Kris alerted her employer of the assault and the care her daughter would require in the time ahead....
On November 6, the OCC issued two bulletins to announce an addition and revisions to the Comptroller’s Handbook. The OCC also rescinded certain Handbook provisions. Bulletin OCC 2013-30 adds to the Handbook the “Qualified Thrift Lender” (QTL)...
On September 13th the IRS issued a new revenue procedure that significantly changes equitable innocent spouse relief. I have excerpted part of the article which discusses the significant changes. Originally Published in Texas Bar...
As employers who sponsor cafeteria plans know, flexible spending accounts (FSAs) under those plans have had a “use it or lose it” rule. Under that rule, employees who participate in the spending accounts must make elections at the beginning of the...
The Firearm Concealed Carry Act, Public Act 98-0063, which became effective July 9, 2013, contains a new reporting requirement for school principals of which all school districts and private schools should be aware. Under the new “School...
Nine lawsuits pending in federal courts throughout the country against Pfizer, Inc. and Wyeth Pharmaceuticals over birth defects caused by the anti-depressant drug Effexor have been consolidated as part of a multi-district litigation. The cases have...
