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Real Estate

Real Estate Deals Demand a Delicate Balance

MCC: In a complex real estate project, any one stakeholder can crater a potentially lucrative deal. How do you keep everyone on board? Scott: The key is meeting the needs of the different parties involved – the lenders, sellers, tenants, municipalities and the developers themselves. In...

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Litigation

Letting the Genie out of the Bottle: Has Texas reverted to the common law “open and obvious danger” rule?

The risk/utility test has been a fixture of products liability law for decades. The test provides that a product is unreasonably dangerous, that is, defective, if its risks outweigh its utility. To determine whether a product is unreasonably dangerous, a jury balances a product’s risk...

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Intellectual Property

Trademarks – Not What They Used To Be: Courts expected to seriously revisit First Amendment issues

MCC: One highly publicized trademark case involves the NFL team the Washington Redskins. The team’s longstanding trademark has been deemed to be disparaging to Native Americans. What are the issues and any decisions from the court around disparagement and federal trademark registration as...

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Anti-Bribery

Make that Thirteen Labors: FCPA requirements present Herculean labor for compliance officers

It is well reported that Foreign Corrupt Practices Act (FCPA) enforcement sanctions have increased significantly in recent years.  Headlines focus on monumental monetary penalties, such as Alstom S.A.’s $772 million settlement.[1] Alstom’s record-setting fine was due, in...

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Insurance Coverage & Recovery

Risky Business: A litigator’s perspective on insurance coverage gaps

MCC: In terms of risk management, what are some of the emerging issues that corporations are facing? Schouest: Given the global economy and its dependence on technology, cyber risk is obviously one important issue on the risk management side. Utility services interruption is another big area,...

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Litigation

The Many Facets of the Attorney-Client Privilege in Mergers and Acquisitions

It may be that enough has been written about the holdings in Great Hill Equity Partners IV, LP v. SIG Growth Equity Fund I, LLLP, 80 A.3d 155 (Del. Ch. 2103) (herein, “Great Hill”) and Tekni-Plex, Inc. v. Meyner & Landis, 89 N.Y.2d 123 (N.Y. 1996) (“Tekni-Plex”). But,...

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Life Sciences

Biosimilars: Poised to Turn to Inter Partes Review to Resolve Patent Disputes

On March 6, 2015, the U.S. Food and Drug Administration (FDA) approved the first biosimilar drug in the U.S., Sandoz’s ZarxioTM, to treat cancer patients who are at increased risk for infection. A “biosimilar” is a biological product that is highly similar to an existing FDA‑...

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