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The Third Circuit Court of Appeals has once again affirmed that federal courts sitting in diversity and applying Pennsylvania law to product liability cases should look to Sections 1 and 2 of the Restatement (Third) of Torts, not the standards set forth in Section 402A of the Restatement (Second) of Torts.

Earlier this year, the Delaware Court of Chancery issued a surprising decision in JANA Master Fund, Ltd. v. CNET Networks, Inc.,1 interpreting the advance-notice provision of a public company’s bylaws to apply only to nominations and proposals that are intended to be included in a company’s proxy materials pursuant to SEC Rule 14a-8. SEC Rule 14a-8 provides the conditions under which a shareholder can include a proposal in a public company’s proxy materials, and the procedures with which the sha

In response to the subprime mortgage crisis, on June 16, 2008 the Securities and Exchange Commission (the "SEC") proposed amendments to its rules governing nationally recognized statistical rating organizations ("Rating Agencies").

Overview: On February 21, 2023, the National Labor Relations Board ("NLRB" or Board) found two routinely standard separation agreement provisions—confidentiality as to the agreement and non-disparagement...

Corrupt managerial behavior has been a driver in the collapse of the cryptocurrency market. Enforcing and defending claims against directors and officers...

In a recent case, the New Jersey Appellate Division addressed whether an Internet transaction between a New Jersey buyer and California seller exposed the seller to a New Jersey lawsuit...

On April 7, 2010, the Environmental Protection Agency (EPA) published an Advance Notice of Proposed Rulemaking (ANPRM), 75 Fed. Reg. 17,645, announcing its intent to reassess its regulations governing the existing use of polychlorinated biphenyls (PCBs) under the Toxic Substances Control Act (TSCA).

As a reminder, pending a last minute extension of the deadline to issue a permit governing incidental discharges, the U.S. Environmental Protection Agency (“EPA”) has advised it intends on issuing a final permit on December 18, 2008 to cover 28 individual discharge streams incidental to the normal operation of commercial vessels under the Clean Water Act (“CWA”).

With the rapid progression of computer technology, the production of documents in response to a government subpoena or civil discovery request has unearthed new and unexplored issues.

A recent decision by the United States Court of Appeals for the Ninth Circuit, United States v. Stringer, 521 F.3d 499 (9th Cir. 2008), gives government lawyers, and prosecutors in particular, significant latitude to conceal the existence of a criminal investigation from individuals and companies, and their attorneys, who are actively defending against a civil investigation initiated by a government agency.

Judge Gideon Tucker perhaps said it best when he wrote in 1866 that "no man’s life, liberty, or property are safe while the Legislature is in session."

Pennsylvania's governor signed House Bill 465 into law, making changes to Pennsylvania's taxation of corporations, partnerships, and individuals.

On January 1, 2010, the New York Stock Exchange’s amendments to its corporate governance requirements became effective.

The Financial Crimes Enforcement Network (FinCEN) of the Treasury Department has issued new, final regulations governing foreign bank account reporting requirements under the Bank Secrecy Act.

On December 21, 2011, the North American Electric Reliability Corporation ("NERC") filed a petition with the Federal Energy Regulatory Commission ("FERC" or "Commission") seeking, among other things, approval of reliability standard FAC-003-2—Transmission Vegetation Management ("FAC-003-2"), which, if approved, would replace the currently-effective Reliability Standard FAC-003-1 ("Petition").

Immigration Reform legislation was passed out of the Senate Judiciary Committee on May 21st by a bipartisan vote of 13-5.

SEC Revises Timeline for Adopting Rules Implementing Dodd-Frank; NASDAQ, NYSE and NYSE AMEX Propose Rules Making It More Difficult for Companies to List after Effecting a Reverse Merger.