Topic: Congress

JD Supra Corporate Brief: Proxy Litigation, Data Collection, Confidentiality Clause, Mobile Payments

On this day in 1701, the trading post at Fort Pontchartrain du Détroit was founded. Nearly 312 years later to the day, the city it became – Detroit, Michigan – filed the country’s largest municipal bankruptcy… What’s new in say-on-pay trends and proxy litigation? Quite a bit, actually… (Skadden) Protect your company’s information from a… Read more »

JD Supra Corporate Brief: Drug Pricing in China, Corruption in Brazil, Climate Change in Congress, Antitrust Law in Europe

A Friday in July and you’re reading the JD Supra Corporate Brief? Does it get any better? China is questioning 60 pharmaceutical companies about their drug pricing (Dechert) Myriad is going on the litigation offensive to protect its BRCA1 and BRCA2 patents (MBHB) Even the ITC is targeting patent trolls… (Duane Morris) Companies operating in… Read more »

JD Supra Corporate Brief: EU Antitrust Fines, IRS Compliance Checks, NIST Security Guidelines, CFPB Rulemaking Agenda

Haven’t signed up for email delivery of the JD Supra Corporate Brief? Well, what are you waiting for? The EU’s first “pay-for-delay” fine is a hard pill to swallow for pharmaceutical manufacturers… (K&L Gates) The IRS has begun to conduct “compliance checks” of Section 457(b) plans… (McDermott Will & Emery) Is heightened scrutiny of the… Read more »

JD Supra Corporate Brief: California Breaches Report, Money Market Regulation, Resource Extraction Payments, Global Shipping Industry

Another day, another JD Supra Corporate Brief. Life is good. The key takeaway from California’s recently published 2012 report on data breaches in the state? Just how common those breaches have become… (Mintz Levin) What do the proposed reforms to the regulation of money market funds mean for the industry? This… (Morrison & Foerster) That… Read more »

3 Key Elements of the U.S. Government’s Fight to Protect Corporate Trade Secrets

The theft of trade secrets is a significant problem for American corporations. And a costly one, writes Sophie Yu at law firm Orrick: “In 2009, U.S. firms lost at least $1.1 billion from the misappropriation of trade secrets to China alone. Russia is also an aggressive collector of sensitive U.S. economic information and technologies, especially… Read more »

JD Supra Corporate Brief: Congressional Requests, Independent Directors, Conflict Minerals, Class Actions

In-house lawyers, this brief’s for you… Our latest feature: the JD Supra Corporate Brief – a daily wrap-up of timely law news, compiled with in-house counsel in mind. Read it here on the Corporate Law Report every morning, or get it delivered directly to your email. As always, we’d love to hear what you think.… Read more »

President Obama Proposes $3.77 Trillion Budget for 2014 – Here’s What It Contains [Analysis]

Earlier this month, President Obama submitted his $3.77 trillion proposed budget for fiscal year 2014 to Congress. Wonder where it all goes? Now you know, thanks to the attorneys at Patton Boggs, who have put together a comprehensive 73-page analysis of the budget and its implications for the government: [Link: President Obama’s FY 2014 Budget… Read more »

A Regulatory Tsunami is Building in Washington…

The business community as a whole can expect President Obama’s second term to be one of most intense periods of regulatory activity in nearly 40 years. But the health care, energy, and financial services industries will be the hardest hit. From law firm Venable: “Several themes will shape the regulatory process over the next four… Read more »

On HSBC: What’s the Going Punishment for Laundering Drug Money?

What’s the going punishment for laundering drug money? If you’re one of the world’s largest banks, it’s about six weeks’ worth of earnings and no jail time for your executives. Not too bad for committing a felony, no? Iowa Senator Charles Grassley and the former Inspector General of the Treasury Department’s Troubled Assets Relief Program… Read more »

Senator Rockefeller to Fortune 500 CEOs: What’s In Your Cybersecurity Plan?

“Companies should be proactive and implement cybersecurity safeguards and policies now so that these protections are already in place by the time any regulatory action is taken.” (Mintz Levin) Earlier this month, Senator John D. (Jay) Rockefeller IV took his fight for greater cybersecurity preparedness directly to Corporate America. Senator Rockefeller is Chairman of the… Read more »

Stop Online Piracy Act: What Does SOPA Mean For Businesses?

We reported earlier this month on SOPA: the Stop Online Piracy Act, currently being considered in the House of Representatives, and its Senate equivalent, the Protect IP Act (also known as the E-PARASITE Act, just to add to the confusion).  Critics of the proposed legislation (which now include the European Union) may be gaining the upper… Read more »

SOPA? E-PARASITE Act? Whatever It’s Called, Here’s A Primer on the Latest in Protect IP

[UPDATE: See also Stop Online Piracy Act: What Does SOPA Mean For Businesses?] “The Protect IP Act is a proposed bill making its way through the Senate as S. 978 that aims to curb online counterfeiting, among other things… While the Protect IP Act’s stated goals are beyond dispute —to prevent the online sale of counterfeit… Read more »