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In Germany, as in other industrialized countries, the vast majority of inventions and other creative developments are made by employees. In comparison to the laws regarding employee inventions in many other countries, German laws are unusual: as a matter of principle, an invention made by an employee belongs to the employee.

Federal Trade Commission Administrative Law Judge D. Michael Chappell rebuffed two of FTC Chairman Timothy Muris’ key antitrust initiatives last November, when he dismissed the FTC staff’s complaint against Union Oil Co. of California ("Unocal").

Gambling in Europe is still largely dominated by statelicensed monopolies regulated by restrictive national legislations. Regulation of gambling and restrictions to the provision of gambling services at national level are usually justified by reasons of public order, such as preventing illegal gaming and fighting organised crime and money laundering, protecting the consumers (minors and incapacitated persons), etc.

Codes of conduct have become the norm for public companies. Stock exchanges mandate them as a corporate governance requirement. Pursuant to the Sarbanes-Oxley Act, public companies must disclose whether or not they have a code of ethics for their principal executive, financial and accounting officers and must disclose amendments and waivers to this code of ethics on a Form 8-K or on their websites.

On September 9, 2004, the United States District Court for the Northern District of California, Judge Vaughn Walker, issued its much anticipated opinion in the Department of Justice’s ("DOJ"), case against Oracle Corp.’s ("Oracle") attempted acquisition of PeopleSoft, Inc. ("PeopleSoft").

Council Regulation 1/2003 of 16 December 2002 on the implementation of the rules on competition in Articles 81 and 82 of the Treaty<SUP>1</SUP> ("Regulation 1/2003") has revolutionized the enforcement of the EC competition law since its entry into force in May 2004. Regulation 1/2003 introduces major changes in the procedure governing the implementation of art. 81 and 82 of the EC Treaty ("ECT).

As part of its enforcement of the Hart-Scott-Rodino Act, 15 U.S.C. § 18a ("HSR Act" or "the Act"), on February 23, 2005, the Federal Trade Commission’s Premerger Notification Office published a notice of final rulemaking adopting several significant amendments to the HSR premerger notification rules, 16 C.F.R. Parts 801-803 (the "Rules").

On May 3, 2004, the Securities and Exchange Commission proposed a massive set of rules for asset-backed securities ("ABS") under the Securities Act of 1933 and the Securities Exchange Act of 1934. The proposed rules aim to regulate ABS in four areas: (1) Securities Act registration, (2) disclosure under new Regulation AB, (3) communications during the offering process and (4) ongoing reporting requirements under the Exchange Act.

ERISA Preemption. State-Law Negligence/Medical Malpractice Claims Based On Denial of Treatment Coverage. The Employee Retirement Income Security Act of 1974 ("ERISA"), 29 U.S.C. § 1001 <I>et seq</I>., which regulates employee benefit plans, including HMO and managed care plans, completely preempts certain state-law claims. The Supreme Court granted certiorari in and consolidated two cases, <I>Aetna Health Inc. </I>v. <I>Davila</I>, No. 02-1845, and <I>Cigna HealthCare of Texas, Inc. </I>v. <I>Ca

Switching from one outsourcing supplier to another involves the effort and risk of both terminating and entering into an outsourcing engagement. This article highlights some of the key issues for a customer in deciding whether to switch suppliers, in preparing to switch suppliers, and in making the transition from the incumbent supplier to the new supplier.