International companies that fail to comply with the EU Corporate Sustainability Due Diligence Directive by 2027 could face fines as high as 5% of their worldwide turnover as well as increased compliance costs and lawsuits.
'Law.com' Category Archives
Arnold & Porter Defends Baby Formula Company Perrigo in Antitrust Class Action
Ian S. Hoffman, Matthew Tabas and C. Scott Lent of Arnold & Porter represent Perrigo in the antitrust class action filed in the U.S. District Court for the Eastern District of Virginia, according to the case docket.
Trade Secret Protection Plans Provide Certainty to Employers
The protection of trade secrets has long been understood to be a legitimate business interest, and, traditionally, companies have used non-competition clauses to protect their trade secrets. Now, with non-competition agreements in doubt and facing greater scrutiny, companies will need to rely on other protection mechanisms.
'Back to Business': Ozempic MDL's New Judge Pushes Litigation Forward in Wake of Predecessor's Death
Marston held the status conference just two weekdays after the U.S. Judicial Panel on Multidistrict Litigation reassigned the MDL to her. The litigation, which Pratter had overseen since its coordination in February, had gone about three weeks without a judge.
Manhattan Court Dismisses $80M Breach-of-Employment Contract Suit Against Blockchain Firm Chainalysis
Judge Joel M. Cohen of the Commercial Division of the New York Supreme Court sided with Chainalysis, who was represented by counsel from Skadden, Arps, Slate, Meagher & Flom, granting the company’s motion to dismiss plaintiff Blake Ratliff’s breach-of-contract suit for failure to state a viable claim for relief, and finding the suit untimely, according […]
Netflix Shareholders Give New Exec Pay Plan Thumb's Up After Panning Prior Version
“It is a positive step, but probably falls under the category of ‘too little too late,’” former activist investor Rosanna Landis Weaver said.
Law Firm on the Hook Over Suit Against Ex-Client as Anti-SLAPP Law Tested
Consumers’ online reviews of lawyers have been deemed a matter of public concern for SLAPP purposes in California, New York, Oregon and Washington state, said defense attorney Bruce Rosen.
Musk's Focus on X Has Come at Tesla's Expense, Shareholder Lawsuit Claims
“Neither Musk’s past success nor his importance to Tesla’s business gives him carte blanche to treat his fiduciary duties to Tesla as optional,” the complaint states.
Million-Dollar Win: Munsch Hardt Victorious for Michaels Stores in Trademark Fight
Munsch Hardt was able to rebut the allegations because Michaels could show it was developing its own paint-by-numbers product months before it met with the plaintiffs, shareholder Jamil N. Alibhai said.
8th Circuit Denies Campaign Committee's Attorney Fees in 'Success Kid' Copyright Suit
The court ultimately concluded the jury properly determined that the committee didn’t make fair use of the template because the fair use test weighs heavily in Griner’s favor.