The House of Representatives earlier today passed H.R. 3309, the Innovation Act, by a 325 - 91 vote. Before voting on the bill, the House spent several hours debating and voting on a number of amendments. Other than a technical amendment introduced...
From November 19 through 22, 2013, Senator Max Baucus, Chairman of the Senate Finance Committee (the "Committee"), released three staff discussion drafts that propose sweeping changes to the federal rules regarding international corporate tax,...
Congress continues to explore ways to address the explosion of flimsy patent litigation claims by so-called non-practicing entities. On December 5, 2013, the Innovation Act (H.R. 3309) was approved by the House of Representatives by an overwhelming...
S&P announced this week that over €10bn of loans backing European CMBS transactions that it rates could need refinancing next year (SCI 3 December). About €3bn of the €13bn of loans scheduled to mature in 2014 has been prepaid, with sizable question...
In a significant decision, the Southern District of Ohio granted, in full, the defendant’s motion to strike class allegations in a consumer false advertising class action before any significant discovery had taken place or the plaintiffs filed a...
On December 4, 2013 Ohio House Speaker Rep. William Batchelder, Speaker Pro Tempore Rep. Matt Huffman, Majority Whip Rep. Cheryl Grossman, Finance and Appropriations Committee chair Ron Amstutz, Agriculture and Nature Resources Committee...
When entering into long-term gas supply contracts, gas marketers, distributors, and utilities must account for the unpredictability of the market when agreeing on the correct price. This unpredictability has been accentuated by recent trends in the...
#Badidea: JPMorgan Chase Stumbles on Twitter - JPMorgan Chase’s recent activity on Twitter provides an example of the need for financial institutions to use caution when using social media.... By: Manatt, Phelps & Phillips, LLP
Construction of the 485-mile-long southern portion of the TransCanada Keystone Pipeline system (known as the Gulf Coast Project) is scheduled to be completed and operational by the end of 2013, but it leaves a legacy of contentious NIMBY (Not in My...
Commil USA, LLC v. Cisco Systems (expanding evidence that may be used to negate an intent to induce infringement of a patent). The Federal Circuit recently expanded the scope of evidence that a defendant may introduce to defend against allegations of...
