Now that the shouting is over, what did that bill actually deliver? On August 2, President Trump signed into law the Countering America’s Adversaries Through Sanctions Act (CAATS). What is the significance of the law? Zlatko Hadzismajlovic: Many things stand out, but here are three that are Continue Reading
Volkswagen Settlement Provides Funding Opportunities for Electric Utilities
The U.S. District Court for the Northern District of California has recently approved a long-awaited environmental mitigation trust agreement in the Volkswagen “clean diesel” emissions litigation that had been requested by the U.S. Department of Justice.1 The approval of the trust agreement Continue Reading
Anti-Reliance Provision in Merger Agreement Justifies Non-Payment of Working Capital Deficiency
Sparton Corp. v. O’Neil, et al., C.A. No. 12403-VCR (Del. Ch. Aug. 9, 2017) – In this opinion, the Delaware Court of Chancery addressed a situation in which a purchaser of a company discovered that the actual amount of working capital was less than the estimated working capital agreed to by the Continue Reading
Lessons for Co-Founders Excluded from Business Venture
Delaware Court of Chancery addresses breach of fiduciary duty claims when co-founders pursue business venture with another party The Delaware Court of Chancery, in McKenna v. Singer, C.A. No. 11371-VCMR (Del. Ch. July 31, 2017), held that co-founders who ultimately decided to pursue an Continue Reading
SCOTUS’s Limitation on Patent Suit Venue to Have Immediate Impact
Joseph Linares authored “SCOTUS’s Limitation on Patent Suit Venue to Have Immediate Impact,” examining the Supreme Court’s decision in TC Heartland LLC v. Kraft Foods Group Brands LLC and its impact on patent litigation strategy. The article discusses the Court’s venue analysis and the surge in Continue Reading
How First-Party Insurance Policies Respond to Catastrophic Weather Event Losses
As Hurricane Harvey and such storms sadly remind, policyholders must focus on how their first-party insurance policies — including their commercial general liability, marine cargo and inland marine, boiler and machinery, and equipment breakdown policies — respond to losses caused by catastrophic Continue Reading
Connecticut Supreme Court Decision Puts Retailers at Risk for New Overtime Claims
Wage and hour lawsuits continue to hound employers, with more than 8,000 new federal class actions alleging improper payment filed in 2016 alone. Now the Connecticut Supreme Court has issued a ruling that threatens even employers that scrupulously follow the federal Fair Labor Standards Act (FLSA) Continue Reading
GSA Technology Acquisitions: How Cybersecurity Threats and Cloud Services Are Changing the Way the Government Buys Technology from Commercial Companies
During the past few years, discussions in Washington, D.C. have intensified over the battle to modernize the Federal Government’s information technology (IT) systems. In May 2016, Representative Jason Chaffetz—Chairman of the Committee on Oversight and Government Reform in the U.S. House of Continue Reading
Can Your Insurance Weather the Coming Storms?
The Atlantic tropical storm season is hitting its annual peak. In a dire warning issued on Aug. 9, the federal government’s lead hurricane forecaster stated that the coming months will be “extremely active.” His projection is premised on the fact that the number of storms formed this year is already Continue Reading
Hurricanes Are Coming — Can Your Insurance Weather the Storms?
The Atlantic tropical-storm season is quickly approaching its annual peak. In a dire warning issued on August 9, the federal government’s lead hurricane forecaster stated that the coming months will be “extremely active.” His projection is premised on the fact that the number of storms formed this Continue Reading