IK Investment Partners has agreed to sell Schenck Process, which provides measuring and process technology and serves industries including food, chemicals, mining and construction, in a deal valuing the business at more than €700 million ($836.7 million), a source familiar with the matter confirmed to Law360 on Thursday.
The European Union’s competition watchdog launched an agenda Thursday seeking agreement among the bloc's member countries to tax digital businesses where they earn profits, regardless of their physical location.
Uber urged the Ninth Circuit at a hearing Wednesday to decertify a class of drivers who say they were misclassified as independent contractors and send their claims to arbitration, saying the drivers’ individual interests preclude certification and that the court’s 2016 decision in another Uber case requires arbitration of individual claims.
Trade associations from the entertainment, art, medical and technology industries announced a new partnership Tuesday with a mission to advance creativity and innovation while facing the challenge of enforcing their intellectual property internationally.
The Federal Circuit on Wednesday reversed a Patent Trial and Appeal Board ruling that NFC Technology failed to show the inventor of a near-field communication device had created a prototype that rendered a patent obvious, saying the decision lacked substantial evidence.
The number of requests for evidence on H-1B visa petitions for skilled workers has shot up by 45 percent this year compared to the same period in 2016, according to U.S. Citizenship and Immigration Services statistics.
Gambling product provider Scientific Games Corp., which owns slot machine maker Bally Technologies Inc., has struck a deal to scoop up digital gambling software company NYX Gaming Group Ltd. for roughly $628.3 million to create a digital gambling and lottery powerhouse, the pair announced on Wednesday.
White collar suspects’ use of email and other electronic communications about their illicit activity has been a boon to prosecutors for decades, but the rise of encrypted messaging apps and other new technology may be a roadblock to Wall Street prosecutors accustomed to a run of successes.
Amid revelations on Wednesday that a Waymo-commissioned expert report estimated damages caused by Uber’s alleged trade secret theft at $2.6 billion, U.S. District Judge William Alsup accused the Alphabet spinoff of crying “crocodile tears” in seeking to delay trial over the purported theft of self-driving car technology.
A California federal judge on Tuesday trimmed the Federal Trade Commission's closely watched suit accusing D-Link Systems Inc. of failing to adequately secure its connected devices, ruling that the commission had failed to allege any actual consumer injury to support its unfairness claim and that two of its deception claims weren't specific enough.
After months of setbacks and a series of rumored suitors, Toshiba finally unveiled firm plans to unload its memory business in a roughly 2 trillion yen ($17.9 billion) sale to a consortium led by Boston-based Bain Capital despite the Japanese company's ongoing legal battle with a joint venture partner. Here, an interactive graphic outlines the twists and turns leading to the deal.
Google is closing in on a deal to buy assets from struggling smartphone maker HTC, AIA Group is nearing an agreement to buy the roughly $4 billion insurance business of Commonwealth Bank of Australia, and Switzerland's stock exchange operator is mulling a sale of its multibillion-dollar payments business.
The Patent Trial and Appeal Board on Wednesday nixed a Mobile Telecommunications Technologies LLC wireless communications patent that the company had accused numerous tech giants of infringing, finding that it was obvious as anticipated over prior art.
The U.S. Tax Court's decided preference for the comparable uncontrolled transaction method, as shown most recently in transfer-pricing victories for Amazon and Medtronic, may not necessarily increase the method's popularity among taxpayers.
The former CEO of a fiber optics company that was bought by Corning Inc. last year was arrested Wednesday after being criminally charged and sued by the U.S. Securities and Exchange Commission for allegedly using insider information and secret brokerage accounts to make $2 million.
The world’s largest computer companies have called for a global response to the threats that botnets pose to federal networks and other critical infrastructure, arguing that targets vulnerable to hacking threaten the entire digital ecosystem, the federal agency advising the president on telecommunication policies said.
A New York federal judge gave European investment firm KBC Asset Management NV and its lawyers at Motley Rice LLC the green light on Tuesday to lead a proposed securities fraud class action against cloud computing company Rackspace Hosting Inc.
System1, a Venice, California-based digital marketing company that provides businesses with targeted internet advertising services, has raked in $270 million from a group of investors led by private equity firm Court Square Capital Partners, according to a statement on Wednesday.
Toshiba said Wednesday it will sell its memory business to a consortium led by Boston-based Bain Capital for about 2 trillion yen ($17.9 billion) in an effort to forge a turnaround, a major step in a turbulent sales process steeped in litigation with the Japanese company’s joint venture partner.
Blue Coat Systems Inc. and Palo Alto Networks Inc. asked the Federal Circuit to rethink a Patent Trial and Appeal Board ruling upholding a Finjan Inc. malware detection patent asserted against them, arguing that it had misinterpreted prior art.
Blockchain has grown well beyond its cryptocurrency roots, leading proponents to suggest that it can aid in everything from voter registration to supply chain tracking. Companies can prepare for insurability and regulatory issues by recognizing potential risks in advance, say Brian Scarbrough and Justin Steffen of Jenner & Block LLP.
Maureen Ohlhausen, the acting chairman of the Federal Trade Commission, recently delivered a sobering attack on the agency, noting that it and other antitrust agencies have “lost sight of core antitrust principles.” From such a highly competent federal official who is also a recognized legal scholar, this critique deserves our full attention, says David Teece, chairman of Berkeley Research Group LLC.
A new utility business model may be coming in the near future, as distributed energy resources play a larger role. But the evolution of DERs will be strongly path-dependent — that is, the way DERs are valued and incentivized today will affect how they are viewed and adopted in the future, say Bill Zarakas and Frank Graves of The Brattle Group.
The only rationale for why the capital markets have succumbed to the trendy scheme of dual-class stock is that economist John Kenneth Galbraith was right — when it comes to financial markets, we do have short memories. History is littered with well-meaning founders and chief executives who succumbed to the seduction of wealth and power, says Les Trachtman, CEO of The Trachtman Group.
The European Court of Justice's judgment in the Intel case last week may play an important role in a number of high-profile European Commission investigations of alleged abuses of dominant positions, particularly in the technology and pharmaceutical sectors, say Ian Giles and Jay Modrall of Norton Rose Fulbright.
The growth and widespread use of distributed energy resources may ultimately contribute to the evolution of the electric grid into a more sophisticated “platform.” In this scenario, utilities will facilitate numerous transactions concerning energy and associated services among DERs, consumers and the utilities themselves, say Bill Zarakis and Frank Graves of The Brattle Group.
The Federal Trade Commission's recent settlement with Lenovo over allegedly preloaded adware on its laptops reinforces a growing trend of courts and regulatory authorities imputing liability to companies for the acts and omissions of its third-party vendors, say Tracy Lechner and Esteban Morin of Brownstein Hyatt Farber Schreck LLP.
Recent case law underscores the importance of demonstrating a strong causal link between a false or misleading statement forming the basis of a Lanham Act false advertising claim and a resulting injury to the plaintiff. These decisions provide valuable guidance for any company that wishes to pursue or needs to defend against a false advertising claim, say Susan Cook and Rebecca Mandel of Hogan Lovells.
Rapid deployment of distributed energy resources has led some to argue that the utility business model of the last 100 years will soon no longer suffice. Even moderate amounts of DERs change the landscape for utility planning, and require new methods of analysis and changes to status quo policies, say Bill Zarakas and Frank Graves of The Brattle Group.
Some have cast the Disney v. VidAngel proceeding, recently decided by the Ninth Circuit, as the “big studios” versus the “little guy.” This is far from the truth. Instead, copyright law served to vindicate a small Utah company that pioneered filtering and adhered to the law, says Jim Burger of Thompson Coburn LLP.