LG Electronics Inc. and Samsung Electronics Co. Ltd. will pay about $19 million to settle a cartel probe involving the Brazilian market for liquid-crystal-display flat screens, the country's antitrust watchdog said Wednesday amid a stepped-up effort to crack down on anti-competitive practices.
The National Collegiate Athletic Association on Wednesday asked the Ninth Circuit to review a California federal judge’s decision that it violated antitrust laws by forbidding college athletes' compensation for the use of their names, images and likenesses.
A Florida federal judge dismissed a suit Thursday involving Hartford Casualty Insurance Co. and a cosmetics manufacturer over coverage of defense costs stemming from the company's trademark and unfair competition litigation with Parfums Christian Dior SA, after the company and insurer settled.
An Australian competition watchdog said Thursday that it will not stand in the way of a Hong Kong investment vehicle's AU$216.9 million ($203 million) bid to acquire a casino in Cairns despite its proposal to build another $8.15 billion casino resort in the same city.
Denso Corp. said on Thursday it was ordered by a Canadian court to pay CA$2.45 million ($2.2 million) after it made a plea agreement for conspiring with other Japanese motor vehicle component manufacturers to rig bids to supply Toyota Motor Manufacturing Canada Inc. with certain vehicle parts.
The state of Louisiana on Tuesday slapped State Farm Fire and Casualty Co. with a suit in state court accusing the insurer of steering customers to its preferred auto repair shops and manipulating repair costs, echoing the claims of a recently consolidated multidistrict litigation filed by auto repair shops against more than 80 insurers, including State Farm.
Toyota Motor Corp. on Thursday said it will cut the prices of Lexus spare parts in China in September, following rivals who have already slashed rates amid a probe by the nation’s antitrust watchdog into anti-competitive practices in the country's massive auto market.
Family Dollar Stores Inc. on Thursday spurned an $8.9 billion offer from rival Dollar General Corp., saying "significant antitrust issues" made an earlier deal proposition — an $8.5 billion tie-up with another discount retailer, Dollar Tree Inc. — a better option.
The former Aeropostale Inc. executive convicted of receiving more than $25 million in kickbacks from a clothing supplier in exchange for $350 million worth of business was sentenced Wednesday to eight years in prison by a New York federal judge.
South Africa's antitrust enforcer has tapped a 14-year agency veteran to run its cartel unit, as the watchdog continues to bulk up its ranks.
The Carlyle Group LP on Wednesday told a Massachusetts federal court that its objections to the plaintiffs' expert testimony in an antitrust suit accusing it of colluding with other private equity firms go far beyond technical concerns.
Direct-purchaser plaintiffs in the pay-for-delay multidistrict litigation involving the heartburn drug Nexium on Tuesday asked a Massachusetts federal judge to compel generic-drug maker Ranbaxy Inc. to carry out supplemental production of documents ahead of an October trial, saying that the request is not burdensome.
Nestle SA unit Nestle Waters North America Inc. on Wednesday was hit with an antitrust suit in a New York state court by an upstate natural spring bottler who accused the beverage giant of engaging in an anti-competitive scheme to squeeze it out of the bottled water business.
Less than three weeks after Scientific Games Corp. announced it was purchasing slot machine maker Bally Technologies Inc. for $3.3 billion, the companies said Wednesday they have earned a key federal antitrust approval for the merger.
General Motors LLC urged the Fifth Circuit on Tuesday to uphold the dismissal of a suit accusing the car manufacturer of trying to monopolize the market for certain car parts, claiming an auto parts retailer had failed to show GM’s alleged rebate program amounted to a predatory pricing scheme.
Berkshire Hathaway Inc. will pay $896,000 for failing to give the Federal Trade Commission and U.S. Department of Justice a proper heads up before it more than doubled its stock ownership in USG Corp., assenting to the maximum possible penalty after getting off with a warning for a similar offense last year, the DOJ said Wednesday.
A California federal judge on Tuesday clarified that an earlier injunction against the National Collegiate Athletic Association's ban on paying players would cover current and incoming students and take effect in 2015.
A New York federal judge on Monday trimmed racketeering and conspiracy claims from a former U.S. ambassador's civil lawsuit against three energy executives accused of bribing their way into Venezuelan energy construction contracts worth $1 billion.
Furniture components producer Leggett & Platt Inc. on Tuesday announced it will pay about $40 million to settle with a class of direct purchasers who accused it of conspiring to fix prices on flexible polyurethane foam.
The U.S. Department of Justice on Tuesday blasted First Kuwaiti Trading Co.'s attempts to evade a False Claims Act suit accusing it and KBR Inc. of filing fraudulent claims while working on a massive logistical support contract in Iraq, saying an Illinois federal court has jurisdiction over the subcontractor's portion of the suit.
On average, a legal professional forwards content to 14 different people per week. Yet many attorneys and staff lack an understanding of copyright and their firm’s specific policies regarding shared third-party materials, says Roy Kaufman of Copyright Clearance Center.
In the EU, prior notification of a minority acquisition has only been required where it would lead to the acquisition of decisive influence over the target company. However, that may be subject to significant change if draft proposals recently put forward by the European Commission become legislative fact, say Paul Lugard and David Cardwell of Baker Botts LLP.
The catch-all language of the Anti-Kickback Statute covers anything and everything that could induce a doctor to refer a patient, and means that a hospital that buys doughnuts and coffee for doctors who refer patients to the hospital could be breaking the law, say Steve Grimes and Dan Rubinstein of Winston & Strawn LLP.
In addition to significantly reducing costs incurred in the preparation of privilege logs, the new categorical approach to privilege logs in New York will allow parties to identify and frame legal issues requiring the court’s attention more clearly — thus positively impacting the efficiency of the dispute resolution process as well, say Joseph Schmit and Aaron Schue of Phillips Lytle LLP.
Trials are stressful and, while there is a certain kind of nervousness from the fear of being embarrassed among inexperienced lawyers, learning how to examine and cross-examine witnesses as well as how to craft arguments are not mechanical and can only be mastered through experience, say John Worden and Lindsey Berg of Schiff Hardin LLP.
With the coming second deadline for the Federal Communications Commission's comment period over net neutrality, we can expect the FCC to make a decision on open Internet rules by early 2015, however, whatever the commission ultimately decides, on one thing is likely — litigation, says John Stephens of Sedgwick LLP.
The Chinese agency for antitrust merger clearance has published its first two clearances under a recently issued rule for simplified merger review — a Rolls-Royce-Daimler joint venture and Toyota Tsusho’s acquisition of Scholz AG — and both cases signal a willingness to quickly terminate reviews that pose little antitrust issue, say attorneys with White & Case LLP.
Russia's de-offshorization and data domestication initiatives can be seen as two sides of the same policy coin, but they may operate at cross-purposes when it comes to efforts by companies operating in Russia to conduct external due diligence or internal investigations, say attorneys with Debevoise & Plimpton LLP.
In Federal Trade Commission v. Cephalon Inc., the Eastern District of Pennsylvania recently rejected arguments that show the FTC's vigor to push the boundaries of last year's landmark U.S. Supreme Court pay-for-delay decision in FTC v. Actavis Inc., say Michael Cohen and Katie Wood of Paul Hastings LLP.
With more and more traditionalists and baby boomers retiring, the pendulum in corporate law departments will continue to swing toward younger generations. The demographic shift underscores the shift in the skills that different generations prioritize — notably, nonlegal skills, says James Merklinger of the Association of Corporate Counsel.