The European Court of Justice (ECJ) issued a quite surprising decision against Google which has significant implications for global companies. On May 13, 2014 the ECJ issued a ruling which did not follow the rational eor the conclusions of its Advocate General, but instead sided with the Spanish data protection authority (DPA) and found that: […]
Since the financial and sovereign debt crisis that began in 2007 and started to abate only in 2013, the United Kingdom’s position in the European Union has gone to the top of the political agenda. The UK now faces the possibility of a referendum on membership of the EU. The result of such a vote
A Financial Perspective on the UK’s Relationship with the EU, From Clifford Chance Read More »
May 5, 2014 On May 2, 2014, the Delaware Court of Chancery denied a preliminary injunction motion by activist stockholder Third Point LLC to enjoin Sotheby’s annual meeting based on claims that the board breached its fiduciary duties by adopting a stockholder rights plan that has a 20% trigger for passive investors who file on
Delaware Court Refused To Enjoin Sotherbys Over Poison Pill Trial Read More »
In a series of three opinions issued on April 24, 2014, the Federal Circuit has decided that decisions by the Director of the U.S. Patent & Trademark Office to institute — or not to institute — an inter partes review (“IPR”) under 35 U.S.C. § 314 are not immediately reviewable by the Federal Circuit, either through an
Institute IPR or Not? A Question Not Immediately Reviewable by Federal Circuit Read More »
As more law firms fail the risk of hiring laterals has placed the hiring law firms in line for potential legal action by the bankruptcy trustee of the failed firm. Arnold & Porter partners wrote the following for Law360, dealing with issues about minimizing risk in lateral hires. By Lisa Hill Fenning, Pamela Phillips, Jonathan
Failing Law Firms and The Risk of Hiring Laterals and Minimizing “Jewel” Risks Read More »
LawFuel.com – On 1 April 2014, the changes to UK competition law brought about by the Enterprise and Regulatory Reform Act 2013 take effect. Companies need to be aware of the heightened regulatory risk as a result of the changes in a number of areas. These include stronger investigative powers, possible earlier intervention in mergers
LawFuel.com – Frankfurt, Germany, 28 March 2014 – During his state visit in Berlin, Chinese president Xi Jinping signed a letter of intent to set up a renminbi clearing house in Frankfurt am Main with the Federal Bank and the People’s Bank of China. Global law firm Baker & McKenzie has dealt with the topic
Baker + McKenzie Sees Benefits in Frankfurt Clearing House for China Trade Read More »
LawFuel.com – Skadden Arps – Market participants that enter into uncleared swaps should expect to receive notifications from swap dealer (SD) and major swap participant (MSP) counterparties regarding segregation of initial margin for swaps. Dodd-Frank amended Commodity Exchange Act Section 4s(l) to provide SD and MSP counterparties with the right to have any initial margin
This article discusses the possible criminalisation of EU competition law, and compares the EU regime to the national competition regimes of individual EU Member States. It is, perhaps, time to take stock of the issue of ’criminal antitrust’ in the EU. In recent years there has been a greater focus on the criminalisation of competition
Morrison & Foerster’s “Unsolicited Views” letter By Ted Powers and Jeffery Bell Certain activist shareholders involved in proxy contests have offered special compensation (e.g., a fee for agreeing to be nominated on the activist’s slate or performance-related bonuses after election) to their director nominees. Activists state a desire to compensate nominees who commit time and
Hostile M&A: Special Compensation Arrangements with Dissident Director Nominees Read More »
