Tag Archives: SCOTUS

Financial Daily Dose 8.8.2019 | Top Story: L Brands CEO Claims Epstein Misappropriated “Vast Sums”

BY: Michael D. Reif | August 8, 2019

Les Wexner, the billionaire CEO of Victoria’s Secret and Bath & Body Works parent company L Brands, has accused his former money manager and confidant, Jeffrey Epstein, of misappropriating “vast sums of money” from Wexner and his family. Wexner claims he first learned of the wrongdoing in 2007 – NYTimes and WSJ and Bloomberg China … Continue reading

SCOTUS Strikes Down Ban on “Immoral” and “Scandalous” Trademarks

BY: Michael Kolcun | June 27, 2019

The Supreme Court has handed another loss to the USPTO by finding a First Amendment violation with the Lanham Act’s prohibition from registering “immoral” and “scandalous” trademarks. Iancu v. Brunetti was brought by an artist and founder of a clothing line who was denied trademark registration for his brand, FUCT. While he claimed the brand … Continue reading

Financial Daily Dose 6.14.2019 | Top Story: Oil prices shoot up after attacks on tankers

BY: Michael D. Reif | June 14, 2019

In case you haven’t had your eye on matters of global intrigue of late, figured we’d get you a bit caught up so that you know why your gas prices are heading north in the next couple of weeks – MarketWatch and NYTimes Facebook has recruited a stable of major backers—including Visa, Mastercard, PayPal, and … Continue reading

Financial Daily Dose 6.4.2019 | Top Story: DOJ, FTC, and Congress Set to Investigate Big Tech

BY: Michael D. Reif | June 4, 2019

Much more on the suddenly hot topic of Big Tech antitrust oversight, including a negotiated agreement among regulators that will see the DOJ handling Apple and Google while the Federal Trade Commission will take on Facebook and Amazon. Separately, the House Judiciary Committee is taking up its own probe of the tech industry giants – … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 22, 2018

A couple of big-time SCOTUS opinions released yesterday will leave their mark on the financial world— First, the High Court found that internet retailers can be “required to collect sales taxes in states where they have no physical presence,” overruling a 1992 decision that found the Constitution bars states from collecting sales taxes in states … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 24, 2018

Another day, another massive Chinese IPO.  This time, its ride-hailing company (and former Uber rival) Didi Chuxing, which could go public later this year and has its sights set on a $70-$80 billion valuation – WSJ Apple’s bid for song-identification app Shazam has piqued the interest of European antitrust authorities over “concerns the iPhone maker … Continue reading

SCOTUS Holds that Cases Consolidated Under FRCP 42(a) Are Independent for Purposes of Finality and Appealability

BY: Lisa Beane | April 9, 2018

On March 27, 2018, the Supreme Court issued a unanimous opinion in Hall v. Hall, Case No. 16-1150, holding that cases consolidated under Federal Rule of Civil Procedure 42(a) remain independent for purposes of determining whether a judgment is final and appealable. The case arose from a familial dispute over the management of Ethlyn Hall’s … Continue reading

Hatch-Waxman Venue Update: Will SCOTUS Limit Where Brands Can Sue Generics?

BY: Kelsey Thorkelson | November 2, 2016

Generic and branded pharma companies alike are waiting with baited breath to see if the U.S. Supreme Court will take up the issue of personal jurisdiction in Hatch-Waxman patent cases this term. After a broad ruling from the Federal Circuit in Acorda Therapeutics v. Mylan Pharma (Fed. Cir. 2016) allowing generic companies to be sued … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 3, 2016

Deutsche Bank’s penchant for dealing in risk—in the form of currency swaps, bond sales, or derivatives, among others—has left it (and its highly leveraged balance sheet) particularly vulnerable amidst last week’s news of sinking stock prices and nervous investors – NYTimes Meanwhile, talks between DB and the DOJ continue after the US’s outsized initial settlement … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | June 6, 2016

Some thoughts about why the relatively dismal May employment numbers (just 38k jobs added) isn’t really as bad as it would seem on first glance – NYTimes and Marketplace Whatever the explanation, the numbers were likely enough to put off the Fed from a once-increasingly on-the-table June rate hike – NYTimes and WSJ and Bloomberg … Continue reading