The U.S. Supreme Court ruled in an antitrust case over Chinese vitamin C exports that U.S. courts are not bound by another country's description of its own laws, but the justices only provided a few hints about how much weight to give competing evidence about what a foreign law requires, leaving trial courts to parse the deference due in future cases.
Bad advice from a Jones Day antitrust lawyer led to a Canadian chemical company getting embroiled in tit-for-tat lawsuits over a multimillion-dollar corporate deal fee that it may have to pay, according to a recent malpractice suit the company filed in Illinois court.
A California federal judge on Friday doled out probation, not prison terms, to a group of real estate investors who rigged bids in Bay Area foreclosure auctions, saying the men were "minor" players in the scheme and did not deserve the prison time he had given some of the conspiracy's ringleaders.
Ireland-based building materials firm CRH PLC will offload a quarry to resolve concerns that its proposed acquisition of a Virginia-based quarry owner would hurt competition in the market for products used in construction and road building, the U.S. Department of Justice said in a statement Friday.
Norway's competition authority said Thursday it has fined mobile operator Telenor Norge nearly $100 million for abusing its dominant position in the Scandinavian country’s mobile market by hamstringing the development of a new national mobile network.
Intel would likely ditch high-priority efforts to develop next-generation wireless technology if it were to lose a contract to supply mobile chips for the iPhone, even for only a year, a senior tech attorney for the company said Friday at an International Trade Commission patent case over Apple’s Intel-equipped handsets.
The American Civil Liberties Union and several media trade groups have slammed Sinclair Broadcast Group Inc.'s proposed $3.9 billion acquisition of Tribune Media Co., saying the deal will lead to less diversity and the chances of higher prices.
Orrick Herrington & Sutcliffe LLP announced the hiring Thursday of new partner Amy W. Ray, a tech-focused antitrust attorney from Cadwalader Wickersham & Taft LLP who’s worked on the competition angle for tens of billions of dollars’ worth of mergers, helping secure regulatory clearance for three massive Microsoft acquisitions.
Exxon, Chevron and several other oil giants have been hit with a proposed class action in California federal court accusing them of violating antitrust laws by conspiring to raise gas prices in the state.
The Federal Trade Commission urged the Fifth Circuit not to pause an agency administrative trial challenging Louisiana Real Estate Appraisers Board regulations that control appraisal fees, arguing Friday that the appeals court has no jurisdiction over the board’s immunity from federal antitrust laws, absent a “final” order.
The European Commission overstepped its authority declaring a tax break offered to a Fiat Chrysler subsidiary in Luxembourg illegal under state-subsidy rules, one of the nation's lawyers recently told judges at the European Court of Justice.
A magistrate judge in California has doubled back on her decision that largely tossed a Lyft driver’s proposed class action alleging Uber Technologies Inc. illegally tracked drivers, finding Thursday that the one claim for unfair competition she left intact should have been chucked with the rest of the suit.
NYU Hospitals Center has made no showing of an illegal conspiracy between rival hospitals, a union and a former collective labor contracts negotiator, a New York federal judge ruled Wednesday, dismissing the hospital’s antitrust claim while allowing it to pursue allegations that it overpaid into an employee benefit fund.
Apple Inc. filed multiple inter partes review petitions at the U.S. Patent Trial and Appeal Board this week challenging the validity of three Qualcomm Inc. patents, which the chipmaker has accused the tech giant of infringing, ramping up their sprawling intellectual property battle.
The U.S. Department of Justice’s antitrust chief Makan Delrahim said Thursday that enforcers can keep pace with an evolving economy and emerging technology by staying focused on using the consumer welfare standard to evaluate transactions, despite calls from critics for tougher antitrust rules to tackle the challenges of rapid innovation.
The European Union's competition watchdog said Thursday it has opened an investigation into Qatar Petroleum and supply agreements it has with EU companies to import liquefied natural gas, agreements that may improperly limit how the gas can be sold within the European Economic Area.
The cost of administering $2.3 billion worth of settlements with 15 banks accused of rigging foreign exchange rates reached $9.5 million on Wednesday, when a New York federal judge consented to investors’ request to dole out an additional $3 million from the settlement fund.
German chemical company Linde AG and Connecticut-based industrial gases producer Praxair Inc. on Wednesday offered the European Commission fixes related to their plans to create an industrial gas giant worth $70 billion in an effort to assuage antitrust concerns.
A Florida real estate investor on Wednesday pled guilty for his part in a $16 million conspiracy to rig bids in online auctions on homes foreclosed following the 2008 financial crisis, the latest in the government's long-running foreclosure sales investigation.
A Massachusetts federal judge appeared skeptical Wednesday about arguments from insulin injector buyers that she was wrong to dismiss claims that Sanofi-Aventis filed faulty patents and sham litigation to protect its exclusivity as the drugmaker looks to escape the suit again.
The Federal Trade Commission’s newly minted chairman, Joseph Simons, said Wednesday that the agency will conduct a series of hearings to help shape its policy approach to hot-button antitrust and consumer protection issues including privacy, big data and the potential for enforcement against large technology platforms.
A D.C. federal judge has rejected the U.S. Department of Justice’s arguments that AT&T’s planned purchase of Time Warner would hurt competition and drive up consumer costs, dealing a major blow to the government’s first court challenge of a vertical merger in decades. Here, Law360 looks at how we got here, the key issues and highlights of the case.
The latest ABA annual antitrust law spring meeting ran the gamut from the government's tough new take on no-poaching pacts to hurdles innovation can cause in merger reviews— plus wide-ranging comments from the DOJ's new antitrust chief. Here's a look at Law360's coverage of three days of debates, tips and quips.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
It has been widely reported that lawyers representing Colin Kaepernick in collective bargaining arbitration proceedings with the NFL may ask the arbitrator to compel President Donald Trump to appear for deposition. The case presents interesting issues about the power of an arbitrator to compel testimony of a nonparty, say attorneys with White and Williams LLP.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In consumer class action settlements, cash provides the class and the court evaluating a proposed settlement with a quantitatively measurable benefit. Noncash settlements require heightened scrutiny by the court, since they are generally worth less to consumers than cash, and may benefit defendants and class counsel more than class members, says retired judge Thomas Dickerson.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
The U.S. Supreme Court's decision in Hall v. Hall is significant because it clarifies that parties have an immediate right of appeal following a final decision in actions consolidated under Rule 42(a). Companies that routinely face consolidation will have to be diligent in taking timely appeals, say Desiree Moore and Daisy Sexton of K&L Gates LLP.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
The Federal Trade Commission’s approval of Northrop Grumman’s bid to buy Orbital ATK shows that, despite a long-standing preference for structural remedies, the FTC is still willing to consider behavioral or conduct remedies to resolve potential concerns associated with vertical mergers, says Francesca Pisano of Arnold & Porter.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.