A group of attorneys has warned that the "next wave" of class action lawsuits has been bringing into question the businesses’ responsibility when it comes to customers opting out of text message programs. Lawyers with New Jersey firm McCarter & English LLP have been seeing an increase in Continue Reading
Why PE Fundraising Will Continue To Climb In 2017
Private equity dealmaking and fundraising levels remained healthy in 2017, and there are a number of trends set to continue into the new year, such as the recent rise of megafunds and a blurring of the lines between PE and venture capital as fund managers increasingly seek to land promising Continue Reading
Len Boselovic’s Heard off the Street: SEC Prods Companies on Sudan, Syrian Disclosures
A U.S. Securities and Exchange Commission campaign to remind companies that the agency is monitoring them to determine whether they are doing business with countries on the U.S. sanctions list included a reminder to one of Western Pennsylvania’s most successful publicly traded tech companies. The Continue Reading
Middle-Market PE Players Grapple With Intense Competition
Private equity mergers and acquisitions and investment activity in the early months of 2017 suggests that industry players are continuing to focus more on the middle market, and experts say the increasing popularity of the space is leading to intense competition and rising price tags. Of the 400 Continue Reading
Why You Should Get Around to Drawing Up a Will
No one likes to think about dying — and that is probably one reason most Americans lack wills. Fewer than half of American adults (42 percent) have a will, according to a survey published this week on Caring.com, a website that offers resources for older Americans and their caregivers. The Continue Reading
Departing Judge Robinson’s Patent Prowess Will Be Missed
Judge Sue L. Robinson of the District of Delaware, who announced Friday that she has taken senior status, has attained a national reputation as a patent specialist in her decades on the bench, and her departure will be a major loss for the patent hotspot, attorneys say. Judge Robinson, who joined Continue Reading
Trump’s Contracting by Twitter Likely to Backfire
President Donald Trump's efforts to involve himself in the federal contracting process through Twitter are unprecedented, and could inadvertently drive up costs or touch off lawsuits if he doesn't soon take a more hands-off approach, attorneys said. Presidents using their "bully pulpit" — a term Continue Reading
Spirit Aerosystems Mulls Sending U.S. Supply Chain Jobs Overseas
Spirit AeroSystems Holdings Inc., a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. The Wichita, Kansas-based maker of aerospace components notified workers in Continue Reading
New Jersey Cases to Watch in 2017
Commenting on a pair of TCCWNA cases against restaurant chains pending in the New Jersey Supreme Court, Mr. Fanning said that the suits now before the justices don’t meet the certification standards of class actions. McCarter represents the New Jersey Business & Industry Association, which filed Continue Reading
Gov’t Contracts Policy And Cases To Watch In 2017
The direction federal contracting policy will take under the new administration remains somewhat vague, but there are hints available about what may be coming, and a number of pending court cases could also help shape the government contracts landscape in 2017. “We need more contracting officers Continue Reading