Insurers have recently argued that environmental property damage claims for “closure” costs arising out of historic pollution are not covered, because the claimed damages are just “ordinary costs of doing business.” Policyholders should strongly...
In the latest development in the Department of Justice (DOJ) Antitrust Division’s ongoing investigation into the generic pharmaceutical industry, Heritage Pharmaceuticals, Inc. has entered into a deferred prosecution agreement (DPA) with DOJ. The...
The European Commission fines AB InBev €200 million for restricting cross-border sales - On May 13, 2019, the Commission fined Anheuser-Busch InBev NV/SA (“AB InBev”), a Belgian beer company, nearly €200 million for abuse of its dominant position...
The Utah Legislature’s Tax Restructuring and Equalization Task Force met for the first time on May 30th to set the table for a summer of meetings that will be held around the state to discuss Utah’s tax structure and how it can be improved....
In two long-awaited decisions handed down yesterday and last week, respectively, the European Court of Justice (ECJ) had the opportunity to decide the fate of online or “over-the-top” (OTT) communications services under European telecommunications...
Last November, Bradley’s Financial Services Perspectives team predicted that the Consumer Financial Protection Bureau’s (CFPB) then upcoming Notice of Proposed Rulemaking (NPRM) for the Does the New Debt Collection Rule Apply to First-Party...
On May 14, 2019, the Joint Audit Committee (the “JAC”), a representative committee consisting of U.S. derivatives exchanges and clearing houses and the National Futures Association, issued a Regulatory Alert concerning the JAC’s interpretation of...
The Commission did not file any new enforcement actions this week. The agency did, however, settle or partially resolve, three pending enforcement actions.... By: Dorsey & Whitney LLP
The North Face started an avalanche of controversy when it inserted the brand into Wikipedia entries about well-known mountain peaks to improve the company’s search engine results. The company’s agency in Brazil, Leo Burnett Tailor Made, switched...
