5/27/2015 For the second time in as many months, a federal court has upheld the stoppage of a key portion of President Obama’s November 2014 executive order reforming U.S. immigration policy. A split 3-judge panel from the 5th Circuit Court of Appeals upheld Texas Federal Judge, Andrew Hanen’s February injunction of the executive order after
5/26/2015 Perhaps no industry besides investment banks has been hit as hard by the federal court system than tobacco over the past several years. A pair of recent appeals rulings, however, indicates a substantial turn in the industry’s decades-long financial flogging. On Friday, the D.C. Court of Appeals delivered a mixed-ruling, in which some
5/26/2015 Charter Communications is expected to announce on Tuesday that the company has reached an agreement to purchase Time Warner Cable. If the deal passes regulatory scrutiny, the third and second largest cable providers, respectively, will provide heavy competition to industry leader Comcast, as well as other companies like DirecTV and Netflix. The estimated $55
5/25/2015 A lawsuit will continue in U.S. District Court in Minnesota regarding Target’s widespread 2013 pre-holiday data breach as banks rejected a $19 million settlement proposed last month. Over 40 million debit and credit cards were compromised during the breach, putting millions of cardholders’ information at risk. The settlement set aside by Target would have
5/24/2105 ’Oh what a tangled web we weave, when first we practice to deceive.’ Sir Walter Scott could not have written a more apt fictional parable than the legislative mayhem occurring inside of the Capitol this past week regarding the immediate future of the controversial and secretive National Security Agency’s (NSA) spying program. As we
5/20/2015 Baseball is a game of eternal youth, and nothing may be more evident of that than listening to 95 year-old retired Supreme Court Justice, John Paul Stevens talk passionately about the future course of the sport. In a May 15th speech in front of the Sports Lawyers Association in Baltimore, Justice Stevens recalled his
5/19/2015 The Food and Drug Administration’s (FDA) May 15th warning of potential ketoacidosis among Type II diabetes patients who use a new class of oral treatments known as SGLT2 inhibitors should not be completely surprising. The first such medicine approved by the FDA in March, 2013 was Invokana (canagliflozin), manufactured by Janssen Pharmaceuticals in conjunction
5/19/2015 Many people were caught off-guard in 2010 by the Supreme Court’s Citizens United vs. FEC ruling that in many ways equated the amount of political speech one was able to express by the amount of money the speaker was able to spend. The New York Times, however, notes that the Court made a similar
5/18/15 If there were any doubts about whether or not many banks broke the law while selling bad mortgages to investors or if their clients were merely victims of bad timing, Manhattan Federal Court Judge, Denise L. Cote, would like to eliminate them. Finding Japanese bank, Nomura Holdings and the Royal Bank of Scotland (RBS)
5/18/15 The U.S. Food and Drug Administration (FDA) issued a warning on its website on Friday, May 15th regarding a popular oral type II diabetes class of medications known as SGLT2 inhibitors. The FDA warned that the increasingly popular class of drugs, which help blood sugar to be secreted in urine, has led to ketoacidosis,