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  • Article

    The Financial Netting Improvements Act Of 2006

    The Act amends the Bankruptcy Code ("Code") and various federal banking laws to update and make technical corrections to the provisions of the Code and those other laws that were added or amended in 2005.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Peeling Away The Privilege: Another Court Orders Production Of Data Breach Investigation Report

    A federal court recently added additional wrinkles to one of the most important aspects of responding to a data breach: a forensic investigative report.
    United StatesLitigation, Mediation & Arbitration
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    New IRS Foreign Asset Disclosure Requirements

    The Internal Revenue Service (IRS) recently issued guidance relating to the new requirement for individuals to report ownership of "specified foreign financial assets."
    United StatesTax
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    New York State AG Probe Of Zoom Results In Enhanced Cybersecurity Practices

    The NYAG'S settlement with Zoom is set forth in a letter from the NYAG Bureau of Internet and Technology.
    United StatesTechnology
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Gilead’s Cert Petition Denied

    The Pharmaceutical Research and Manufacturers of America and the Biotechnology Industry Organization filed an amicus brief in support of Gilead. Today, the Supreme Court denied Gilead's petition.
    United StatesIntellectual Property
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Private Antitrust Enforcement In Switzerland

    There is a wide range of remedies under Swiss competition law for business litigants. Inventive remedies include compelled access to what American antitrust lawyers would call an "essential facility."
    SwitzerlandAntitrust/Competition Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Court Allows "Product Hopping" Claims To Proceed In Suboxone Litigation Based On Allegations Of Removal Of Prior Formulation And Disparagement Of Generic Competition

    Until 2009, Reckitt had exclusive rights to sell Suboxone tablets.
    United StatesAntitrust/Competition Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    DOJ Antitrust Head Stresses "Front-End Guidance" And Structural Remedies

    Bill Baer, the Assistant Attorney General in charge of the DOJ Antitrust Division, spoke about the DOJ’s antitrust enforcement priorities last Friday, February 6, at a speech in Miami.
    United StatesAntitrust/Competition Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    FTC Competition Priorities

    FTC Commissioner Julie Brill discussed the agency’s competition and consumer protection priorities in her keynote address last Thursday at the ABA’s Antitrust Fall Forum at the National Press Club in Washington.
    United StatesAntitrust/Competition Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Second Bite At The Apple In AT & T Aftermarket Case?

    The lawsuit, one of several arising from the Apple-AT&T agreement, raises interesting questions about how to define a relevant product market using an "aftermarket" theory.
    United StatesAntitrust/Competition Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    With The Flick Of A Pen, U.S. Department Of Labor Announces That Most Workers Are Employees

    On July 15, 2015, the Wage and Hour Division of the United States Department of Labor ("DOL") issued guidance on employee and independent contractor classification under the Fair Labor Standards Act ("FLSA").
    United StatesEmployment and HR
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    FTC Drops Bomb On Pom: Finds Ads Touting Health Benefits Of Pomegranates Unsubstantiated And False

    Last week, the Federal Trade Commission issued its much-anticipated ruling in the agency's case against POM Wonderful.
    United StatesMedia, Telecoms, IT, Entertainment
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Part 2: More From DOJ On Cyber Investigations And Breach Preparedness

    Today, we turn to the basics of data breach incident response and a list of DOJ's "don'ts" when dealing with a hacker.
    United StatesTechnology
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Part II: Hidden Costs Of Bug Bounty Programs

    The 2016 Uber data security incident, affecting more than 57 million drivers and riders, is a cautionary tale.
    United StatesTechnology
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    What Donors Need To Know About Appreciated Property

    Individuals considering gifts of appreciated property to charity should be aware that not all property donations are treated equally for income tax purposes.
    United StatesTax
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Florida Federal Court Enjoins Apotex From Selling Neulasta Biosimilar For 180 Days After Approval

    On December 9, a federal district court in Florida issued a preliminary injunction prohibiting Apotex from selling a proposed biosimilar version of Amgen's cancer drug Neulasta for 180 days after the biosimilar is approved.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    The SEC Proposes To Allow Internet Posting Of Rule 12g3-2(B) Materials

    Currently, non-U.S. companies who maintain a Rule 12g3-2(b) exemption under the U.S. Securities and Exchange Act of 1934, as amended (Exchange Act), are required to submit home country documents to the U.S. Securities and Exchange Commission (SEC) in paper format rather than having the option of submitting them electronically to the SEC.
    United StatesCorporate/Commercial Law
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    New York Wage Theft Prevention Act Amended – Annual Wage Notices No Longer Required

    On December 29, Governor Andrew Cuomo signed into law amendments to the New York Wage Theft Prevention Act.
    United StatesEmployment and HR
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Circuit Limits Reach Of Recent Career Offender Decision

    In McCloud v. United States, the Second Circuit (Walker, Raggi, Nardini) rejected the petitioner's contention that a development in Circuit
    United StatesLitigation, Mediation & Arbitration
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Coming Unwired: Time To Reconsider How We Deliver Market Moving News

    Cybercriminals from the Ukraine and rogue traders and small securities firms from Moscow, Paris and Malta banded together to hack into the servers of three financial wire services...
    GlobalPrivacy
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP

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