EU approval of Qualcomm's deal for NXP could happen soon, Hyundai Oilfield has tapped six banks to guide it through an IPO, and investment manager D.E. Shaw & Co. snapped up an active stake in home improvement retailer Lowe's as the industry struggles under the weight of online shopping.
The last week has seen Airbus sue Axa and several other insurers, a sports betting and financial software firm lodge a suit against Barclays, and an appeal from an insurance brokerage that recently lost its U.K. license. Here, Law360 looks at those and other new claims in the U.K.
The Federal Circuit on Thursday affirmed a lower court's decision denying Samsung’s and Fujifilm’s requests for attorneys’ fees after the companies won a patent dispute against Honeywell, finding that the judge did not abuse his discretion in determining that new fee-shifting rules did not make the case “exceptional.”
The antitrust and international law sections at the American Bar Association on Wednesday shared their concerns about the potential chilling effects of additional regulations for online platforms like e-commerce operations and search engines recently floated by the European Commission.
With so much mergers and acquisitions news this week, you may have missed several deals announced in the last several days helmed by firms such as Latham & Watkins LLP and Hughes Hubbard & Reed LLP. Here, Law360 recaps the ones you may have missed.
Three firms will guide initial public offerings projected to surpass $2.5 billion during the week of Jan. 15, led by an estimated $2 billion deal by private equity-backed home security giant ADT Inc., and more issuers are lining up to price sizable offerings in late January.
The Ninth Circuit on Friday affirmed the dismissal of a putative class action accusing the retirement plan review committee of Hewlett-Packard Co. and others of failing to disclose problems relating to HP's disastrous $11 billion purchase of Autonomy Corp., finding that the concealed data presented by the class was inconsistent with the whistleblower information that ultimately altered the purchase price.
Yahoo has urged the Ninth Circuit to overturn a district court decision that found an insurance policy doesn't cover several Telephone Consumer Protection Act suits because they don't allege a "violation of privacy," saying that at the very least, the issue should be certified to the California Supreme Court.
Microsoft has urged the U.S. Supreme Court to uphold a ruling preventing the federal government from unilaterally requesting user data that the company stores overseas, arguing Thursday that Congress never meant to expand the government’s powers beyond U.S. borders without the cooperation of foreign countries.
The Federal Circuit on Friday affirmed a lower Texas court's ruling denying attorneys’ fees for software firm SAP America Inc. after it beat trade secret claims from software developer Wellogix Inc., agreeing that the case wasn’t “exceptional” enough to obtain the fees.
Municipal broadband networks offer consumers better value than commercial internet service providers in most cases, a Harvard study recently found, although a lack of data on broadband service dynamics obfuscates the picture.
Illicit streaming devices used to access pirated content from the internet are the latest “threat” to international enforcement of intellectual property law, potentially raking in around $840 million a year in the United States alone, according to the annual “Notorious Markets” report released by U.S. trade officials Friday.
Thermal imaging company FLIR Systems Inc. fired back Friday at Raytheon’s attempt to overturn a federal jury’s decision that cleared FLIR of allegations that it stole the defense contractor’s infrared camera technology, urging a Federal Circuit panel to not only uphold the decision but to award it attorneys’ fees in the case as well.
Major League Soccer has partnered with Electronic Arts Inc.'s EA Sports to create an esports league that will feature the best FIFA 18 players in the United States and Canada going head-to-head while representing MLS clubs, the league announced Friday.
FanDuel Inc. on Thursday became the latest company hit with a cloud computing patent suit by software developer PersonalWeb Technologies LLC, which in recent days has sued dozens of others, including Airbnb Inc., Blue Apron Inc., Venmo and Reddit.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at seven major recent developments.
A technology company accusing Comcast Corp. of infringement of voice-recognition patents urged a Pennsylvania federal judge on Thursday to bar a former vice president from continuing to serve as a litigation consultant for the cable giant.
The Federal Trade Commission's first-of-its-kind settlement with toymaker VTech over the breach of children's personal information indicates that the commission under Republican leadership will likely only ramp up established efforts to aggressively police the emerging internet of things and demand reasonable data security for a range of sensitive information, attorneys say.
In this week’s Taxation With Representation, SS&C Technologies Holdings Inc. bought DST Systems Inc. for $5.4 billion, the Blackstone Group LP purchased Pure Industrial Real Estate Trust for $3.05 billion and a Riverstone-Goldman Sachs joint venture snapped up Lucid Energy Group II for $1.6 billion.
A Delaware Chancery judge declined Thursday to dispatch most of a lawsuit from a group of insurance companies seeking to audit an asbestos personal injury trust, from the bankruptcy of a U.S. unit of Koninklijke Philips Electronics NV, ruling that he needs additional evidence to make a decision.
Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.
Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.
The Patent Trial and Appeal Board recently requested briefing from amici for the first time — in Mylan v. Saint Regis Mohawk Tribe. In general, technology and pharmaceutical companies argued that the deal assigning Allergan patents to the tribe was a sham, while other tribes and a group of law professors supported the sovereign immunity defense, says Ben Bourke of Womble Bond Dickinson LLP.
While each new year is expected to bring fresh challenges to the legal industry, 2018 will be particularly disruptive to the status quo. Both law firms and organizations that cater to the legal community should prepare for developments like increasing pressure from international clients and data security risks caused by multigenerational gaps, says Jeff Ton of Bluelock LLC.
One probable reason for the recent shift in focus by the Office of Foreign Assets Control toward export-related transactions is that the agency’s enforcement efforts targeting big banks have worked. With fewer cases to bring against them, OFAC seems to be moving on to new weak spots in enforcement, say Sean Kane and Susie Park of Hughes Hubbard & Reed LLP.
Over the last year, there were some interesting cases in the indirect purchaser class action arena, with district courts addressing pleading motions, class certification in “pay-for-delay” drug cases, and class certification of nationwide and multistate class claims based on California’s state antitrust law, say Chris Micheletti and Christina Tabacco of Zelle LLP.
Many commentators assumed that new guidance released in November for excluding shareholder proposals from proxy materials signaled a new willingness by the U.S. Securities and Exchange Commission to defer to companies. However, Apple’s recent unsuccessful request indicates that a citation of board process will not give companies an automatic pass, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
State attorney general campaigns will be in full swing with 31 elections this year. In addition to three top substantive areas, campaign issues themselves will influence how state attorneys general prioritize enforcement, says Joe Jacquot, former chief deputy attorney general of Florida, now with Foley & Lardner LLP.
The U.S. Department of Homeland Security may be considering new measures that would potentially reduce or eliminate specific H-1B extensions granted under the American Competitiveness in the 21st Century Act of 2000. Elizabeth Espín Stern and Paul Virtue of Mayer Brown LLP offer guidelines to assist employers in advising their workforce about the potential impact if DHS does take action.
As with 2016, there were no major U.S. Supreme Court decisions impacting indirect purchaser claims in 2017. Unlike 2016, however, several circuit court decisions addressed important issues such as ascertainability, 23(b)(3) predominance, and indirect versus direct purchaser status, say Chris Micheletti and Christina Tabacco of Zelle LLP.