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It’s All Fun and Games Until Someone Sues for Breach of Contract

It’s All Fun and Games Until Someone Sues for Breach of Contract

Insight
A recent federal court case analyzed the ability of a lender to act upon stock pledged to secure a loan, and provides insight into valuable language to be included in the loan documentation, explains Loeb & Loeb LLP.

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National Survey on Restrictive Covenants

Insight
The guide gives details about each state’s factors on the topics of non-competes, non-solicitation, non-hire/”raiding,” and confidential information.

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CVS’s Omnicare to Pay $23 Million to Resolve U.S. Kickback Case

News
Reuters is reporting CVS Health Corp’s Omnicare unit has agreed to pay $23 million to resolve a whistleblower lawsuit alleging that it took kickbacks from a drugmaker to promote two antidepressants, according to settlement papers.

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Enforceable Contract for Sale of Family-Owned Business or Just Agreement to Agree?

Insight
Parties to negotiations involving the sale of family-owned business stock or assets should be cautious in their drafting to ensure that it is clear to all parties what documents are intended to create enforceable rights and obligations, warns Murtha Cullina.

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Forum: Examine the Risks and Rewards for Cross-Border Deals

Forum: Examine the Risks and Rewards for Cross-Border Deals

Event, June 20, 2017, New York
Bloomberg BNA and World Services Group will present the Cross-Border Deals Forum to hear about the current risk assessment, which deals are facing greater scrutiny and which deals are enjoying a more positive outlook.

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The World’s Best-Selling Drug Just Lost a Key Patent Battle

The World’s Best-Selling Drug Just Lost a Key Patent Battle

News
The rheumatoid arthritis and psoriasis medicine has recently been a target of biopharma companies that are trying to make generic Humira copycats called “biosimilars,” reports Fortune.

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Are You Prepared for GDPR? Take the Survey

Are You Prepared for GDPR? Take the Survey

Survey
To gauge readiness for GDPR across industries and global regions, Yerra and Blickstein Group have launched an industry survey to help benchmark where global corporations are in their preparations.

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Arent Fox Advises Seattle Seahawks in Naming Rights Renewal of CenturyLink Field

News
Arent Fox LLP recently served as outside counsel to the Seattle Seahawks and its affiliate company, First & Goal Inc., in a renewal of the stadium naming rights transaction with CenturyLink, Inc.

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Arbitration Clauses Extending to Non-Signatory Affiliates: Are They Enforceable?

Arbitration Clauses Extending to Non-Signatory Affiliates: Are They Enforceable?

Insight
A recent decision of the New Jersey Appellate Division considered the enforceability of arbitration agreements by non-signatories, writes Marissa Tillem in Proskauer Rose’s Minding Your Business blog.

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M&A Indemnification Provisions: Are You Drafting Unenforceable Time Limits?

M&A Indemnification Provisions: Are You Drafting Unenforceable Time Limits?

Contracts
In a merger-and-acquisition transaction, the convention is for the seller to make representations and warranties to the buyer regarding the target business, according to an article posted by Womble Carlyle Sandridge & Rice.

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Company Lawyers Automate Contracts to Ease Pain of Quote-to-Cash

Company Lawyers Automate Contracts to Ease Pain of Quote-to-Cash

Insight
Diginomica reports that some company lawyers explained how they automate contracts to remove manual, paper-based logjams from the process.

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Report: Uber Fired In-House Lawyers for Seeking Advice From Outside Firms

News
San Francisco Business Times is reporting that Uber fired two of its lawyers late last year after they sought advice from other law firms, a move Uber reportedly considered a fireable offense.

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Mitigation of Construction Defect Litigation – Top 10 Construction Contract Issues

Mitigation of Construction Defect Litigation – Top 10 Construction Contract Issues

Insight
A construction contract will need to be reviewed thoroughly and revised to better protect the owner, and in the case of residential construction, should in particular, address 10 key issues, advises Rebecca W. Dow in Holland & Hart’s Construction Law Blog.

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Uber Faces Criminal Probe Over the Secret ‘Greyball’ Tool It Used to Stymie Regulators

Uber Faces Criminal Probe Over the Secret ‘Greyball’ Tool It Used to Stymie Regulators

News
Some Uber employees told Reuters that the Greyball technique was used against suspected local officials who could have been looking to fine drivers, impound cars or otherwise prevent Uber from operating.

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Creating Material Wealth for Business Owners & Labor with ESOPs

Creating Material Wealth for Business Owners & Labor with ESOPs

Event, June 1, 2017, New York
ESOPs are commonly used by an owner seeking to retire, however, in today’s business market of successful start-ups, there’s an opportunity to consider them earlier in the lifecycle of the company.

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Kimberly-Clark Sues Spinoff Over $454 Million Gown Verdict

News
The plaintiff claims Halyard agreed to indemnify Kimberly-Clark for all costs tied to a lawsuit that accused the companies of misleading consumers about the safety of their MicroCool surgical gowns, Bloomberg reports.

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U.S. Accuses UnitedHealth of Medicare Advantage Fraud

News
The accusation against the company is the latest, following separate lawsuits in two separate whistleblower lawsuits against the country’s largest health insurer, reports Reuters.

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Lanier Law Firm Adds Experienced Oil & Gas Attorney Todd Grimmett

Lanier Law Firm Adds Experienced Oil & Gas Attorney Todd Grimmett

News
Veteran energy company in-house counsel Todd L. Grimmett has joined The Lanier Law Firm as a member of the commercial litigation team.

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Using a TRO to Stop Legal Opponents in Their Tracks

Insight
a TRO provides immediate relief from the court system when a party can show irreparable harm will be caused if someone is allowed to remain in control of assets that belong to the company, writes Mehendru P.C.

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3 Cases of Cross-Border Compliance Mishaps

3 Cases of Cross-Border Compliance Mishaps

Insight
The paper discusses three recent cases involving international brands, failure to meet U.S. compliance regulations yielded high penalties. Missteps like these not only cost billions in fines, they can also erode customer trust and public opinion.

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