Playa Hotels & Resorts NV, which owns and operates all-inclusive resort brands such as Hyatt, Hilton, Jewel Resorts and Panama Jack Resorts in Mexico and the Caribbean, has appointed an in-house lawyer to fill the general counsel role, according to a Tuesday press release.
Barnes & Noble Inc. fired back against its ousted chief executive who has been accused of sexual misconduct against an employee, matching his breach of contract and defamation claims with breach of fiduciary duty counterclaims alleging he torpedoed a potential acquisition of the company.
The Ninth Circuit refused Tuesday to reconsider its decision to use an expanded definition of "autodialer" to revive a putative class action accusing gym chain Crunch San Diego LLC of spamming members' cellphones with text messages.
A former top scientist for San Francisco-based Genentech Inc. and three of her former co-workers have been charged in California federal court with stealing medical formulas and other trade secrets for Taiwanese rival JHL Biotech Inc., which was simultaneously slapped with a sprawling civil suit accusing it of stealing the know-how to make cheaper alternatives for cancer, lymphoma and cystic fibrosis treatments.
A trade association of internet companies, including Facebook, Google and Airbnb, has accused the European Union, China and a slew of other nations of constructing unfair trade barriers against U.S. companies, such as curbing the flow of data and imposing copyright restrictions, according to a filing submitted to the Office of the U.S. Trade Representative.
A former Valeant Pharmaceuticals International Inc. executive and the ex-CEO of mail-order pharmacy Philidor Rx Services LLC were each sentenced Tuesday to a year and a day in prison for orchestrating a $9.7 million kickback scheme tied to a potential acquisition deal.
General Electric Co. said Tuesday the U.S. Department of Justice and U.S. Securities and Exchange Commission are investigating a $22 billion charge related to its power business as part of broader inquiries into its accounting practices.
IBM's acquisition of open-source software developer Red Hat is set to create a global powerhouse provider of cloud services, but the companies still have to persuade regulators that the merger will not stifle competition or lead to data protection breaches and convince shareholders the deal is fair.
The U.S. Department of Labor asked a Washington, D.C., federal court on Monday to toss a suit challenging its decision to not collect detailed electronic workplace injury and illness data from businesses as per an Obama-era rule that is being reconsidered, saying it rightfully rightfully eschewed the data because of privacy concerns.
Terming the awards “preposterous,” Twenty-First Century Fox Inc. stockholders opened a Delaware Chancery Court class damage suit Monday targeting nearly $83 million in retention bonuses for controlling investor Rupert Murdoch and his sons as part of Fox’s planned $71.3 billion merger with Walt Disney Company.
The National Labor Relations Board on Tuesday pushed back the deadline for public feedback on its proposed rule for analyzing whether two businesses jointly employ workers, a closely watched regulation that proposes to roll back the test set in the board's controversial 2015 Browning-Ferris Industries decision.
Chinese securities regulators pledged to accelerate reforms aimed at boosting confidence in its capital markets on Tuesday, including measures that the watchdog says will ease market liquidity, encourage long-term investment and improve the quality of listed companies through better disclosure.
The Federal Circuit on Tuesday revived Converse Inc.’s long-running trademark case against Skechers and others over the Chuck Taylor sneaker, tossing out a ruling that the company lacked a valid registration for the famous shoe.
Canada's privacy commissioner on Monday released long-awaited guidance on how companies can meet their reporting and record-keeping obligations under a federal breach-notification regime set to take effect later this week, although the regulator continued to express frustrations with the "limited resources" his office currently has to enforce the new law.
The U.S. Patent and Trademark Office’s proposal to change the system of seeking patent amendments in America Invents Act reviews could give patentees better odds of success, but it is based on an accelerated time frame that may prove daunting for parties and the office, attorneys say.
A former KPMG partner on Monday copped to his role in an alleged scheme to funnel inside information about the Public Company Accounting Oversight Board's plans to inspect particular audits to top KPMG accountants.
The U.S. Supreme Court appeared willing to rule that arbitration agreements must explicitly call for class arbitration for parties to use that process in a case involving lighting retailer Lamps Plus Inc. and a worker who accused it of carelessly handling workers’ tax information ahead of a phishing attack.
A California federal judge dismissed a suit claiming that Google defrauded and broke a contract with a website publisher by removing it from the search giant’s AdSense program, finding the underlying causes of action were time-barred.
Employers can challenge whether unions still have majority support from the bargaining units they represent during the time period between when a collective bargaining agreement is struck and the day it takes effect, a divided National Labor Relations Board ruled Friday.
The U.S. Supreme Court’s liberal minority dominated oral arguments Monday morning as they searched for possible off-ramps to arbitration proceedings like the one nixed by the Fifth Circuit after several dental equipment companies used a contractual clause to force a distributor's antitrust case to arbitration.
The Committee on Foreign Investment in the United States has announced a pilot program to review noncontrolling foreign investments in certain U.S. industries that were formerly outside the scope of its jurisdiction. This is a rapid assertion of CFIUS' new powers under the Foreign Investment Risk Review Modernization Act, say attorneys with Ropes & Gray LLP.
The former CEO of a U.K. bank recently pled guilty to charges under the Foreign Account Tax Compliance Act, following a U.S. Department of Justice sting operation spanning several countries. The conviction sends a clear message that U.S. authorities will prosecute not only U.S. account holders, but those who facilitate tax evasion, whatever their nationality, say attorneys at White & Case LLP.
As part of Gov. Phil Murphy’s efforts to “modernize” business taxes, New Jersey recently enacted significant changes to its corporation business tax — furthered by a bill the governor signed on Oct. 4. Meant to provide only "technical corrections," the bill includes even more substantive tax changes, say attorneys from Reed Smith LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
It is not uncommon for companies to issue statements about pending litigation. But a California federal court's recent decision in Arista v. Cisco shows that, in some circumstances, such statements could be seen as part of an anti-competitive scheme, say Daixi Xu and Julie Shepard of Jenner & Block LLP.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.
In this series featuring law school luminaries, Boston College Law School professor Kent Greenfield reflects on his corporate law theories, his legal battle with the Pentagon over free speech and gay rights, and important constitutional law issues to watch out for.
Private equity and hedge funds are under greater compliance scrutiny and, as a result, increased regulatory and legal exposure. The responsibilities of board members are not limited to investment performance monitoring — regulators are moving up the corporate ladder to identify wrongdoing, says Bart Schwartz of Guidepost Solutions LLC.
Public companies are being bombarded with messages, requests and demands around environmental, social and governance matters. At least for companies incorporated in states such as Delaware, directors should consider whether there is a nexus between ESG issues and the pursuit of shareholder welfare, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
The Foreign Investment Risk Review Modernization Act, signed into law in August, will significantly alter how the Committee on Foreign Investment in the United States conducts its work. Emerging technology companies, and their prospective investors, must be mindful of whether investments are now subject to CFIUS jurisdiction, say attorneys at Latham & Watkins LLP.