Private equity firm American Securities LLC said Monday it has agreed to acquire packaging maker Tekni-Plex Inc., which serves the health care and food industries, from funds associated with Oaktree Capital Management LP in a deal rumored to be worth up to $800 million.
The Tenth Circuit ruled Monday that state law allowed Farmers Insurance Exchange to limit its coverage of medical expenses incurred in an accident involving a Colorado man who subsequently filed a proposed class action against the company.
The fickle feelings of corporate counsel are apparent once again in an annual survey gauging which law firms deliver the most sterling client service, as one-third of last year's favorites were cast aside after being outflanked by hungry rivals.
The Texas compounding pharmacy that recalled its unexpired sterile medications should stop producing sterile drugs at least temporarily, the U.S. Food and Drug Administration said Friday, stating it found contaminants in the pharmacy’s recalled products.
A Pennsylvania appeals court on Monday denied Philadelphia's bid to rescind millions in tax credits the city's tax board gave to two Independence Blue Cross subsidiaries, ruling the board was operating within its discretion when it awarded the credits, which were used to offset prior business tax overpayments.
There are more arrogant law firms than in years past, according to a new survey of corporate counsel, but one familiar firm has risen above them all.
The number of law firms that Fortune 1000 clients say offer excellent client service grew by 9.8 percent over the past year, a sign that firms with broader services are separating themselves from the competition, according to a new survey of corporate counsel.
Attentive client service, not size, continues to be the critical factor for general counsel at the world's largest corporations, according to a recent survey of corporate counsel, who gave top marks to a mix of large and midsize law firms.
The U.S. Supreme Court on Monday refused to take on an appeal from a doctor who claimed he was wrongfully terminated after blowing the whistle on systemic failures at a North Carolina hospital group that allegedly contributed to an inordinate number of patient injuries and deaths.
A Florida maintenance worker has asked the U.S. Supreme Court to overturn his conviction in an alleged pay-to-play conspiracy with federally funded hospitals, arguing that the five-year statute of limitations clock began when he delivered a bribe of electrical generators, not when he installed them.
A small fraction of the nation’s hospitals have accounted for a big portion of Medicare’s extra spending on extraordinarily costly patients, raising questions about billing practices as well as potential flaws in reimbursement formulas, according to an inspector general’s report Thursday.
After five years of development, newly released final regulations meant to ensure equal insurance coverage of mental and physical illnesses wipe out important uncertainties and close notable loopholes, but experts say it will take years of real-world experience before all the provisions are understood. Here, five highlights from the 200 pages of final rules.
The University of Pittsburgh Medical Center said Thursday that Highmark Inc. revised a potential settlement they reached in an antitrust suit over Highmark's acquiring a rival hospital system, and that UPMC should not have to sign the new version of the deal, which it says it had never agreed to.
California Attorney General Kamala Harris said Thursday she has shut down 10 private health insurance websites masquerading as the official state-run online insurance marketplace for consumers to enroll in plans under the Affordable Care Act.
The U.S. House of Representatives on Friday passed a Republican-sponsored bill allowing insurers to continue selling policies that do not comply with Affordable Care Act mandates for another year, ignoring the Obama administration’s promise that it would veto the legislation.
A New Jersey appeals court ruled Friday that North River Insurance Co. does not have to defend nine hospital trustees seeking coverage for an Internal Revenue Service collection over unpaid employment taxes, saying the policy does not cover tax liabilities.
A bipartisan bill introduced Thursday would repeal the Affordable Care Act's “belly button tax,” marking Capitol Hill's latest response to the health care law as its real-world impact becomes clearer.
President Obama on Thursday nominated Vivek Murthy, an early supporter of both his first presidential campaign and the drive to reform the country’s health care system, as surgeon general.
Cancer diagnosis firm LabMD Inc. fired back Thursday against the Federal Trade Commission’s “intrusive” probe of its alleged security breach, advancing a bold theory that the government had funded the breach and that the agency’s enforcement push is merely retaliation for the CEO’s outspoken criticism of the agency in recent years.
The suit challenging Pennsylvania’s law banning same-sex marriage cleared a major hurdle Friday, after a federal judge in Harrisburg ruled that significant changes in due process and equal protection jurisprudence in the last 40 years barred him from granting motions aimed at having the complaint dismissed.
Lawyers who aren’t actively engaged in online reputation management not only miss out on valuable opportunities but also run the risk of actually harming their marketing efforts, say Cristina Vivenzio Brennan of Wolf Greenfield & Sacks PC and Lisa Ramsey Woodford of Paris Social Media Marketing.
Over the past several years, the health care industry has experienced a significant increase in private equity and alternative investment and industry consolidation. These trends have only accelerated with implementation of pay-for-performance initiatives, payment reductions that favor lower-cost care settings and integrated care-delivery models that promise to aggregate care and reduce costs across multiple sites of service, say attorneys with McGuireWoods LLP.
The Federal Trade Commission's settlement in the Phoebe Putney Health System Inc. merger challenge is most notable for what it does not include — a divestiture requirement. Although structural remedies have been and will continue to be the default fix for horizontal mergers that lessen competition, this case may signal that the FTC is tempering its use of conduct remedies, say attorneys with Jones Day.
Emory University's recent $1.5 million settlement highlights the complexity inherent in billing for clinical care that is provided to patients enrolled in research trials. This whistleblower case provides several practical lessons, reminding us that the government stands ready to vigorously enforce the complicated rules of billing, says Norman Tabler Jr. of Faegre Baker Daniels LLP.
Due to the increasing role of in-house counsel as business strategists, courts are more closely scrutinizing the attorney-client privilege as it applies to in-house counsel. As such, it is important for in-house counsel to make every effort to protect the attorney-client privilege — and a number of best practices may prove pivotal, says Kimberly Moore of Strasburger & Price LLP.
To clarify the rules on how the Affordable Care Act's medical loss ratio rebates are treated under the Employee Retirement Income Security Act, the U.S. Department of Labor recently issued a technical release, which plan sponsors maintaining fully insured group health plans should keep in mind, along with the five tips on considering options for managing the rebates, says Tzvia Feiertag of Proskauer Rose LLP.
The cost of doing business in San Francisco may increase for many retailers in 2014 as a result of the Affordable Care Act. This is because the city's retailers will be limited in their ability to utilize a health reimbursement arrangement to provide employees the required coverage under the San Francisco Health Care Security Ordinance, say Joshua Henderson and Kathleen Cahill Slaught of Seyfarth Shaw LLP.
Every law firm knows the importance of a conflicts check before beginning a representation, but what happens when it serves discovery requests or a subpoena on a third party, only to discover that the third party is a current or former client? As firms get larger, and litigations become more complex, this issue is bound to come up, say Shari Klevens and Alanna Clair of McKenna Long & Aldridge LLP.
The Affordable Care Act's highly controversial health insurance exchanges will begin operations on Oct. 1, and in order to minimize cybersecurity threats, entities should thoroughly assess their cybersecurity readiness. This review should not be limited to a self-assessment but should be independent and objective, led by outside legal counsel and conducted by outside consultants under the protection of the attorney-client privilege, say attorneys with McKenna Long & Aldridge LLP.
In the current enforcement environment, it would be a mistake for senior executives and board members to take for granted the enthusiastic and highly effective efforts of the chief compliance officer, who is often overworked and underappreciated, says Sharie Brown of Troutman Sanders LLP.