Commercial
Free Webinar Series on Current In-House Legal Trends
Event
Thomson Reuters Practice Point will host a series of free 30-minute webinars providing an overview of current in-house legal trends. The webinars, also to be available on-demand, will continue through June 23.
Contractual Personal Liability: The Body Trumps the Signature Line
Insight
The body of a contract must clearly convey whether the parties intend for the contractual obligation to create liability on behalf of the individual signing the contract or not, warns Adam B. Edgecombe of Jimerson & Cobb, P.A.
Latham Advises Platinum Equity in $2.4 Billion Sale of BWAY
News
Platinum Equity and Stone Canyon Industries, LLC announced it has signed a definitive agreement for Platinum Equity to sell BWAY Corp. to Stone Canyon Industries LLC for $2.4 billion.
Wal-Mart Wage Hike to $15 an Hour Would Cost It $4.95 Billion, Study Says
News
Labor groups have been demanding a $15 minimum wage for the company’s workers, and the “Fight for Fifteen” movement has been a topic of discussion during the U.S. presidential campaign, reports Reuters.
Judge Blasts Oracle’s Attempt to Overturn Pro-Google Jury Verdict
News
A federal judge has shot down a motion by Oracle to overturn a jury verdict that found Google’s use of Java APIs in Android was “fair use.”
Drafting Data Privacy and Security Compliant SaaS in a Post-Safe-Harbor World
Event, June 15, 1 p.m. EDT
Data privacy and security are key issues for businesses who seek to upload their information onto the cloud. Customers need assurance that the software as a service (SaaS) or other cloud service provider will maintain effective policies and practices to safeguard the confidentiality and security of their information.
Subscription-Based Business Models: An Overview of Auto-Renewal Regulations
Article
While subscription services (sometimes referred to as auto-renewal programs) can be lucrative, companies should be mindful of the applicable laws to avoid the costs of fighting off lawsuits.
How Binding Is Your Browsewrap Agreement?
Article
With a browsewrap agreement, the user’s assent to the agreement’s terms is inferred from the user’s use of the website, write Carolyn S. Toto and Kimberly Buffington of Pillsbury Winthrop Shaw Pittman.
Options to Acquire: How These Acquisition Strategies Differ from a Traditional Purchase
Article
While options to acquire are fairly common in the medical device and life sciences industries, the option also provides attractive opportunities for funds and companies in other industries as well, as a way to get an inside track on new technology, Cooley M&A writes.
Judge Tosses $200M Patent Verdict; Cites In-House Lawyer Misconduct
News
A federal judge in California said Merck cannot enforce the patents because Merck’s own lawyer gave inconsistent and untruthful testimony during the trial.
Damage Control: Common Errors in Contractually Limiting Damages
Article
“Damage control” provisions are not one-size-fits-all, writes Theresa Y. Kananen for Arnall Golden Gregory LLP. While form agreements can be a good starting point, provisions limiting, or even eliminating, contractual damages must be considered on a case-by-case basis, and tailored to the terms of your particular deal.
Governance Challenges 2016: M&A Oversight
White Paper
The NACD report addresses the importance of early board engagement in strategy, the need for proactive dialogue with all key stakeholders, and the imperative to balance short-term and long-term goals throughout the M&A process.
Oil and Gas Unitization: Specific Considerations for Cross-Border Unitization
Article
In a cross-border unitization, special scrutiny may be necessary due to the complexities and limitations that arise due the reservoir being subject to the jurisdiction of two governments, write Philip Weems and Nina Howell of King & Spalding..
Contract Drafting in Complex Sourcing Deals: Reading What You Write
Article
Contracts for complex sourcing deals are problematically big and often written in a style that doesn’t speak to the people who should be reading them, write Edward J. Hansen and Christopher C. Archer of Morgan Lewis.
Tucson Lawyer Pleads Guilty In $33M Fraud Case
the charges involve a procedure in which defendants took out $33.6 million in loans against multi-million dollar homes and then forged documents to fool more lenders into believing the homes were debt-free.
These Gawker Jurors Don’t Care That a Billionaire Funded Hulk Hogan’s Lawsuit
News
The outrage following last week’s revelation that Silicon Valley billionaire Peter Thiel had funded Hulk Hogan’s lawsuit against Gawker Media LLC wasn’t just about a rich guy throwing his money around; it was about a rich guy secretly throwing his money around, writes Joshua Brustein for Bloomberg Technology.
Takata Hires Lazard, Seeks Cash Infusion After Air Bag Deaths
News
Takata Corp. has confirmed it has hired investment bank Lazard Ltd. to lead a financial restructuring in an effort to resolve costs stemming from its recall of tens of millions of faulty air bags linked to at least 13 deaths and more than 100 injuries worldwide, Reuters is reporting.
Google Beats Oracle on Copyright, Defeating $9 Billion Claim
News
Google won a jury verdict that ends Oracle’s claim to a $9 billion slice of the search giant’s Android phone business, reports The Washington Post.
China’s Huawei Files Patent Suits Against Samsung Over Smartphone Tech
News
Huawei Technologies sued Samsung Electronics on claims of infringement of smartphone patents, the Chinese firm’s first intellectual property challenge against the world’s top mobile maker, reports Reuters.
Judge: Substantial Progress in Volkswagen Emissions Talks
News
The Associated Press is reporting that Volkswagen and attorneys for vehicle owners affected by the company’s emissions cheating scandal are on target to meet a June deadline for a final settlement proposal, a federal judge said Tuesday.
