Pay-For-Delay Enforcement Heats Up in the Wake of In re K-Dur Antitrust Litigation
October 16, 2012
The Third Circuit's decision in In re K-Dur Antitrust Litigation breathed new life into the FTC's fight against pay-for-delay settlement agreements. Since...
Are Your Drugs and Devices Covered by the Sunshine Act?
May 21, 2012
A Broad Approach to Payment
The Sunshine Act's reporting requirements are limited to applicable manufacturers of "covered drugs, devices, biologicals...
President Obama Withdraws Proposal to Lower the Ozone NAAQS
September 2, 2011
On September 2, 2011, President Obama directed Lisa Jackson, the Administrator of the U.S. Environmental Protection Agency ("EPA"), to withdraw the agency's...
U.S. Company, Chinese Subsidiary Pay $3.75 Million To Settle Export Violations
January 12, 2011
On December 21, 2010, PPG Paints Trading (Shanghai) Co., Ltd. (“PPG Shanghai”), a wholly-owned Chinese subsidiary of U.S.-based PPG Industries, Inc., agreed to...
CFTC Directs Retention of Records Relating to Swaps Entered Into Prior to July 21, 2010 and Delays Deadline For Reporting Transactions
October 1, 2010
In the first of many regular public meetings to consider implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the CFTC today approved an...
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IRS Releases Final Schedule for Reporting Uncertain Tax Positions and Clarifies Policy of Restraint
September 28, 2010
The Internal Revenue Service ("IRS") has released its final versions of Schedule UTP, Uncertain Tax Positions Statement and corresponding instructions ,...
Treasury Publishes Long Awaited Guidance on Series LLCs and Cell Companies
September 24, 2010
On September 14, 2010, the Treasury Department and the Internal Revenue Service published Proposed Regulations (REG-119921-09) addressing certain federal tax consequences of...
Recent IRS Administrative Guidance on Economic Substance Leaves Many Unanswered Questions
September 17, 2010
The IRS, in Notice 2010-62 (September 13, 2010) and IRS Directive 20-0910-024 (September 14, 2010), released its first round of administrative guidance addressing the...
Providing Corporate Finance to a Chapter 11
This document was written by the Fulbright bankruptcy team, Berry D. Spears, Zack A. Clement, R. Andrew Black and Johnathan C. Bolton...
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The Leegin Saga Concludes in the Fifth Circuit: Resale Price Maintenance Claims Are Dismissed
August 26, 2010
In an opinion issued on August 17, 2010, the Fifth Circuit affirmed the dismissal of the plaintiff’s minimum resale price maintenance claims in PSKS, Inc. v. Leegin...
The European Union Adopts Additional Iran Sanctions
August 25, 2010
On 26 July 2010, European Union foreign ministers adopted additional Sanctions over Iran by way of a Council Decision (referred to as the “Counc...
FTC Updates Congress on Oil and Gas Sector Investigations
August 25, 2010
In response to concerns expressed by the U.S. Senate Committee on Appropriations regarding the "potential for market manipulation and anticompetitive behavior in the...
FCPA Pharma Investigation Expands
August 19, 2010
Enforcement of the Foreign Corrupt Practices Act (the "FCPA"), including the number of investigations and size of settlements, has increased significantly...
FTC Proposes Expanding HSR Notification Reporting Requirements
August 18, 2010
The Federal Trade Commission (“FTC”) has announced proposed modifications to the premerger notification form that must be submitted for transactions reportable...
New Registration Requirements for U.S. Registered Aircraft
August 9, 2010
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On July 9, 2010, the FAA issued a Final Rule relating to all U.S. registered civil aircraft. The Final Rule amends existing FAA Regulations so that effective October 1,...