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HTMLGeneral Contractor Not a "Seller" Entitled to Indemnity in Product Liability Case
Andrew D. (Andy) Ness, William R. (Will) Taylor, J. Laurens Wilkes; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
On June 17, 2016, the Texas Supreme Court held that a general contractor was not a "seller" under Chapter 82 of the Civil Practice and Remedies Code and, therefore, not entitled to indemnification from the manufacturer of an allegedly defective roof truss. See Centerpoint Builders GP v....

 

HTMLFinancial Reporting: 2016 Mid-Year Update
Shawn Cleveland, Laura Jane Durfee, Steven G. Gersten, Anand Varadarajan, David Ronald Woodcock; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
We are pleased to offer our clients and friends this mid-year update on financial reporting and issuer disclosure enforcement activity in 2016. The level of attention regulators are paying to financial reporting and disclosure remains quite high. That has meant not just a large number of...

 

HTMLSEC Adopts Final Resource Extraction Disclosure Rules
Bradley C. (Brad) Brasser, Rory T. Hood, Robert (Bob) Joseph, Joel T. May, Michael J. (Mike) Solecki; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
On June 27, 2016, the Securities and Exchange Commission ("SEC") adopted final rules requiring disclosure by resource extraction issuers of payments made to governments for the commercial development of oil, natural gas, or minerals. Specifically, issuers must disclose payments of...

 

HTMLPost-Spokeo Decisions Rejecting "No Injury" Lawsuits
J. Todd Kennard, Brandy Hutton Ranjan, John A. Vogt; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
Multiple recent decisions have applied the U.S. Supreme Court's injury-in-fact analysis from Spokeo, Inc. v. Robins, 136 S. Ct. 1540 (2016), to dispose of claims based on lack of standing. In Spokeo, plaintiff Robins alleged that Spokeo, which operates a web service that compiles general background...

 

HTML180-Day Notice of Commercial Marketing Mandatory Even When Biosimilar Applicants Do the "Patent Dance"
A. Patricia Campbell, Jennifer J. Chheda, Pablo D. Hendler, Timothy J. (Tim) Heverin, Janet M. McNicholas; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
On July 5, 2016, the Federal Circuit issued another important decision regarding the meaning of certain provisions of the Biologics Price Competition and Innovation Act of 2009 ("BPCIA"). See Amgen Inc. v. Apotex Inc., Fed. Cir. Case No. 2016-1308 (Fed. Cir. July 5, 2016). The court held...

 

HTMLEuropean Union's Conundrum Over Chinese Market Economy Status
Renato Antonini, Byron Maniatis, Eva Monard; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
The European Union must make a call on what could be one of its most significant policy decisions in the coming years. Whereas the Transatlantic Trade and Investment Partnership negotiations with the United States have caught the public's eye, EU trade policymakers appear to be more preoccupied...

 

Adobe PDFNew Equity Disclosure Rules for Italian Listed Companies
Stefano Crosio, Carlo Mecella, Massimo Tesei; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
On November 25, 2015 and on May 30, 2016, the Italian securities market regulator, Commissione Nazionale per le Società e la Borsa (“CONSOB”), announced certain amendments to CONSOB Regulation No. 11971 of May 14, 1999, related to the regulatory framework applicable to issuers of...

 

HTMLNew Zealand Authorities Impose Fine for Real Estate Agency Price Fixing
Prudence Smith, Nick Taylor; Jones Day;
Legal Alert/Article
August 3, 2016, previously published on July 2016
New Zealand's High Court has fined a real estate agency that engaged in price fixing and other anticompetitive conduct in the Manawatu real estate market. Unique Realty Limited had entered into an agreement with at least 10 other agencies to pass on to home sellers, rather than to absorb, listing...

 

HTMLNew Russian Legislation on Massive Telecoms Surveillance
Rémy Fekete, Mauricio F. Paez, Sergei Volfson, Undine von Diemar; Jones Day;
Legal Alert/Article
July 29, 2016, previously published on July 2016
In June 2016, the Russian Parliament adopted Federal Law "On Amendment of the Federal Law 'On Counterterrorism' and Related Laws of the Russian Federation Establishing Additional Counterterrorism and Public Security Measures" ("Amendments"). These Amendments have a number of...

 

HTMLObservations on the 2016 Proxy Season
Lyle G. Ganske, Robert A. (Bob) Profusek, Lizanne Thomas; Jones Day;
Legal Alert/Article
July 29, 2016, previously published on July 2016
The 2016 proxy season has drawn to a close. The key topic of the 2016 season was proxy access, with roughly 200 shareholder proposals submitted on that topic, almost twice the number submitted last year. Seventy-two of the 2016 proposals were sponsored by the NYC pension funds’ Boardroom...

 


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