Appellate Court Casts Doubt on Federal Judge Refusal to Accept SEC Consent Judgment

On March 15, 2012, the United States Court of Appeals for the Second Circuit cast significant doubt upon the validity of the November 29, 2011 ruling of a federal judge in Manhattan that rejected a proposed consent judgment negotiated by

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Posted in All Advisories, Corporate & General Business, Litigation & Alternative Dispute Resolution

Derivatives and Shipping

Many companies frequently hedge their risks to offset the uncertainties of fluctuating prices. Changes in the future price of energy, crops, and currencies are all business risks that can be subject to contractual hedges that smooth future swings in prices

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Posted in All Advisories, International Law, Shipping, Transportation

Federal Maritime Commission To Adjust Optional Bond for China Operations

The Federal Maritime Commission today issued a Notice of Proposed Rulemaking regarding the bond limits of a Non-Vessel-Operating Common Carrier who needs to do business in China. At present an NVOCC is required to carry a basic bond of $75,000,

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Posted in All Advisories, Antitrust & Competition Law, International Law, Practice & Industries, Shipping, Transportation

Washington State Voters Throw Out State Controlled Liquor Sales

Washington State Voters Throw Out State Controlled Liquor Sales On November 8, 2011, Costco and other big retailers successfully convinced Washington State voters to approve Initiative 1183.  This will end the State’s long time monopoly on liquor sales.  The new

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Posted in All Advisories, Antitrust & Competition Law, Wines & Spirits

Congress Reforms the Patent Process

The America Invents Act, a new law passed by Congress last week and expected to be signed into law by President Obama, is the first significant reform of the Patent application process in sixty years. The Act makes a number

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Posted in All Advisories, Patents & Trademarks, Practice & Industries