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The Situation: The Pennsylvania Legislature passed Act 5 in 2017, which, among other things, created the Pennsylvania Public Pension Management and Asset Investment Review Commission ("Commission"). The Commission was instructed to examine expenses...

On December 28, 2018, both Calvin Klein and the parent company of the department store Saks Fifth Avenue, were sued by Wongab Corporation in the U.S. District Court for the Central District of California....
By: Knobbe Martens

South Carolina imposes a number of civil tax penalties that are similar to those imposed under the Internal Revenue Code (the “Code”). South Carolina’s civil tax penalties, while similar in some respects, are not the same as the Code’s civil...

As a follow up to the Government’s sixteenth Economic Reform Policy Package announced by the Coordinating Ministry of Economic Affairs on 16 November 2018, the Government has issued Government Regulation No. 1 of 2019 (“GR No. 1/2019”) which came...

It is well known that some people have it in for corporations, especially when these large companies find themselves on the defense side in a courtroom. Our own research has shown that a negative attitude is very common, with close to eight in ten...

The Payment Card Industry Security Standards Council (PCI SSC) has issued a new Software Security Framework for secure payment software. The new framework includes both a Secure Software Standard and Secure Software Life Cycle (SLC). A key aspect of...

Every business, no matter the size, should have an Emergency Plan. That Plan should include the obvious – what you and your employees should do if there is a natural or other disaster. However, you need to include more. Consider QuadrigaCX, one of...

Summer 2018 will be remembered as a special time by many readers of this blog: whether it was the spectacular weather, the giddy heights hit by the England football team, or Fraser J’s decision in Michael J Lonsdale (Electrical) Ltd v Bresco...

In late 2018, California enacted SB 826, a first-in-the-nation law requiring that a public company headquartered in California have at least one woman on its board of directors. While the law is particularly important for public companies that must...

The fourth quarter of 2018 witnessed a sharp decline in crude oil pricing, falling nearly 40% from October to close out the year. Since then, oil prices have since rebounded to the $50/bbl range. Meanwhile, natural gas prices have dipped to under...

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