News and Events for Attorneys and Executives

Commercial

J&J, Bayer Ordered to Pay $28 Million in First Xarelto Loss

News
The jury in Philadelphia on Tuesday ordered J&J and Bayer, which jointly developed the product, to pay $1.8 million in actual damages and $26 million in punitive damages, Bloomberg reports.

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National Ranking Guide Names AZA to Best Law Firms List for Sixth Year

National Ranking Guide Names AZA to Best Law Firms List for Sixth Year

News
Houston’s AZA is listed in the 2018 top tier of area metropolitan law firms for commercial litigation. The selection of Best Law Firms is based on a rigorous process that includes client and lawyer evaluations and peer review from other attorneys in the same practice areas.

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A Twist in Oil Patch Arbitration

Insight
Charles Sartain of Gray Reed discusses a recent case in which parties to the sale of a business sent their dispute to accountants to arbitrate.

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Fixed-Price Contracts Are Simple – Or Are They?

Fixed-Price Contracts Are Simple – Or Are They?

Insight
Marion T. Hack of Pepper Hamilton examines the definition of fixed-price contracts and cases in which the audit provision in the contract has been unsuccessfully used to assert claims for reimbursement and False Claims Act liability.

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ITAR For Government Contractors

ITAR For Government Contractors

Webinar, Dec. 13, 2017, 1 p.m. EST
An upcoming webinar presented by Williams Mullen’s International Practice Group will provide an overview of ITAR for government contracts executives and an update on recent developments in the law.

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Judge to Trump Firms: Save Records for AGs’ Emoluments Lawsuit

News
The AGs claim that the president’s continued ownership of his business empire allows him to make money from foreign and domestic governments.

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SEC Hires General Counsel From Company Under Investigation

News
The state attorney general has been investigating TIAA’s mutual fund and annuity sales practices following a whistleblower complaint filed by TIAA with the SEC, according to The Global Legal Post.

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Are Smart Contracts Smart Enough for the Insurance Industry?

Insight
In an article in the Pillsbury Policyholder Pulse blog, Kimberly Buffington and Cara Adams discuss the question: Will insurance policies become the laboratory to test the thesis behind smart contracts?

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Six Tips for Drafting Better Statements of Work

Insight
If a statement of work fails to adequately describe the deliverables and the services to be rendered, projects can fail, cost can overrun results and project schedules can be delayed, writes Michael R. Overly of Foley & Lardner LLP.

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Not So Fast: Limits of ‘Settlement Negotiation’ Protections

Not So Fast: Limits of ‘Settlement Negotiation’ Protections

Insight
It’s far too simplistic to suggest that anything your company considers to be a “settlement negotiation” is going to be kept out of court, warns Joseph A. Schouten of Ward and Smith, P.A

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Keys to Negotiating Indemnity Agreements

Insight
It’s imperative that your company’s risk management and legal departments strategically manage indemnification and insurance obligations to minimize the always increasing cost-of-business demands, writes Buldas of Pietragallo Gordon Alfano Bosick & Raspanti L.L.P. in Pittsburgh.

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How to Build a Solid Contractual Risk-Transfer Program

How to Build a Solid Contractual Risk-Transfer Program

Insight
Without a properly structured risk-transfer program, a general contracto, owner or property manager could assume financial responsibility unnecessarily for losses caused by a third party, warns Tommy Williams, USI Uniondale vice president.

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How Boards Must Think Differently in Today’s Digital Landscape

How Boards Must Think Differently in Today’s Digital Landscape

On-Demand
In a video discussion, Alex Schmelkin, board member with Essendant and founder & CEO of Cake & Arrow, outlines several approaches that boards can take to better understand the “end user” no matter the organization or industry.

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A Primer on Deal Structure and Its Implications on the Sale of a Business

Insight
Jeremy S. Piccini discusses a few examples of the ideal target purchasers for a sale, including strategic competitors, private equity buyers, and employee stock ownership plans.

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Assessing the Ability to Change Culture – Complimentary Article from NACD

Assessing the Ability to Change Culture – Complimentary Article from NACD

Insight
The NACD has published a complimentary article titled “Assessing the Ability to Change Culture,” providing a quick overview of best practices set forth in the Report of the NACD Blue Ribbon Commission on Culture as a Corporate Asset.

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Key Provisions for Supply Chain Contracts

Insight
By paying careful attention to the terms of its supply chain contracts, a company can help to mitigate its risks while at the same time maximizing the value of its supply chain, according to a Foley & Lardner post on its website.

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Three Legal Pitfalls to Avoid in Blockchain Smart Contracts

Insight
While the use of smart contracts is tempting, this silver bullet of efficiency and lower costs doesn’t come without potential problems, warns Gregg M. Jacobson of Chamberlain Hrdlicka.

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6 Essential ‘TENANT’ Tips for Negotiating a Commercial Lease

6 Essential ‘TENANT’ Tips for Negotiating a Commercial Lease

Insight
Real estate lawyer Laura A. Drossman uses a handy acronym to illustrate some of the issues and some tips for tenants approaching lease negotiations in a commercial setting.

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AT&T Would Win a Fight With DOJ Over Time Warner Deal, Analyst Says

AT&T Would Win a Fight With DOJ Over Time Warner Deal, Analyst Says

News
AT&T and the Justice Department could be on their way to a major court battle, which one analyst believes the company stands a strong chance of winning, CNBC reports.

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Insurance Giant Receives New York Subpoena on Sales Practices

News
New York’s attorney general has subpoenaed TIAA, the giant insurance company and investment firm, seeking documents and information relating to its sales practices, according to people briefed on the inquiry, reports The New York Times.

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