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- COVID-19: Economic Relief Programs
- An Alternative Paradigm to ‘On the Purpose of the Corporation’
- Russia Seeks to Protect Sanctioned Entities From Claims in Foreign Courts or Foreign Arbitral Institutions
- Guidance on Carbon Capture and Sequestration Tax Credit Provides Clarity for Developers and Investors
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With its June 10, 2020, decision in Nguyen v. Endologix, Inc., the Ninth Circuit has potentially given securities defendants — particularly those in the pharmaceutical, biotech and medical device space — a powerful tool to resist meritless claims, especially where the plaintiff fails to plead any motive to commit fraud.
Ninth Circuit Holds That Courts Should Scrutinize Economic Plausibility of Securities Fraud Complaints in Evaluating Scienter
The FDA has offered a temporary solution to the challenge of distributing drug samples during COVID-19. The new guidance, which allows drug samples to be shipped directly to patients’ homes and permits alternative forms of receipt and verification, is welcome news for manufacturers and authorized distributors.
FDA Issues Guidance on Prescription Drug Sample Distribution During COVID-19
In this month's edition of our Privacy & Cybersecurity Update, we examine the California attorney general's final regulations for the California Consumer Privacy Act and a ruling by the Indiana Court of Appeals involving insurance coverage following a ransomware attack. We also analyze the addition of the California Privacy Rights Act to the general election ballot, the Ninth Circuit's ruling that a California law requiring online entertainment service providers to remove users' ages is unconstitutional and the Presidency of the European Council's progress report on the EU's Draft ePrivacy Regulation.
Privacy & Cybersecurity Update
Expansions to the Antiterrorism Act of 1990, invoked in recent cases, create secondary liability for any entity or person that knowingly “aids or abets” a terrorist act, and narrow the defenses available in such actions. These amendments may create exposure for seemingly ordinary course business activities around the world, and the reputational impact may be significant for defendants in ATA cases and those who conduct business with them.
The Potential Impact of Terrorism Lawsuits Under the Antiterrorism Act on Ordinary Corporate, Banking and Sovereign Enterprises
