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HTMLHave You Had Your Annual Checkup? The FTC Cracks Down on Inaccurate U.S.-EU Safe Harbor Claims
Ieuan Jolly; Loeb & Loeb LLP;
Legal Alert/Article
September 1, 2015, previously published on August 2015
While the U.S.-EU “Safe Harbor” Framework for transferring data into the United States is hardly new — it was approved 15 years ago — the Federal Trade Commission has recently focused its enforcement efforts on companies that inaccurately represent their certification under...

 

HTMLFDA Guidance Explains How the Agency Will Determine Whether a 510(K) Submission Should Be Accepted for Substantive Review
Scott S. Liebman; Loeb & Loeb LLP;
Legal Alert/Article
September 1, 2015, previously published on August 2015
The regulator issued guidance to go over the necessary elements and contents of a complete 510(k) submission in a bid to enhance the consistency of acceptance decisions.

 

HTMLFTC Safe Harbor Actions
Ieuan Jolly; Loeb & Loeb LLP;
Legal Alert/Article
August 25, 2015, previously published on August 2015
While the U.S.-EU “Safe Harbor” Framework for transferring data into the United States is hardly new — it was approved 15 years ago — the Federal Trade Commission has recently focused its enforcement efforts on companies that inaccurately represent their certification under...

 

HTMLSubscription Lenders - Beware of Investor Opt-Out
Bryan G. Petkanics, Peter G. Seiden; Loeb & Loeb LLP;
Legal Alert/Article
August 5, 2015, previously published on July 2015
Subscription lenders to a private equity fund base their credit decisions on the quality of the fund's investors whose capital commitments to the fund are pledged to secure the credit extensions. Inherent in the lender's acceptance of this risk is an understanding that the investors' commitments...

 

HTMLFederal Circuit Interprets BPCIA for First Time
Kathleen M. Gersh; Loeb & Loeb LLP;
Legal Alert/Article
August 4, 2015, previously published on July 21, 2015
The U.S. Court of Appeals for the Federal Circuit today decided issues of first impression relating to the statutory interpretation of the Biologics Price Competition and Innovation Act of 2009 (BPCIA). In a split decision in Amgen Inc. v. Sandoz Inc., Judge Lourie, writing for the court,...

 

HTMLLatest Challenge by IRS to Family Valuation Discounts
Thomas N. Lawson, Ronald C. Pearson, Bruce J. Wexler; Loeb & Loeb LLP;
Legal Alert/Article
August 4, 2015, previously published on July 2015
Overview. Many sophisticated estate planning techniques include gifts, sales or other transfers to family members that incorporate significant discounts on the value of the property transferred. These discounts can range from 15 percent to 40 percent, or higher. As a result, significant wealth can...

 

HTMLFTC'S New Consumer Data Security Guidance Offers Businesses Practical Tips
Kenneth R. Florin, Ieuan Jolly, James D. Taylor; Loeb & Loeb LLP;
Legal Alert/Article
July 31, 2015, previously published on July 2015
The Federal Trade Commission has issued new guidance on data security for companies that collect, store and use consumer information, gleaned from the more than 50 enforcement actions brought by the agency over the past decade. The guidance, "Start with Security: A Guide for Business,"...

 

HTMLIntern or Employee? Second Circuit Outlines Test to Determine Unpaid Interns' Status under Fair Labor Standards Act and New York Labor Law
Mark J. Goldberg, Michelle LaMar, Michael Z. Maizner; Loeb & Loeb LLP;
Legal Alert/Article
July 27, 2015, previously published on July 2015
The U.S. Court of Appeals for the Second Circuit July 2 handed down a significant decision in Glatt v. Fox Searchlight Pictures, Inc. in connection with a pair of lawsuits challenging the legality of unpaid internships under federal and New York law, establishing a new test for determining whether...

 

HTMLEU Data Privacy Update: European Council Approves Agreement To Data Privacy Reform
Kenneth R. Florin, Ieuan Jolly, James D. Taylor; Loeb & Loeb LLP;
Legal Alert/Article
July 15, 2015, previously published on July 2015
European regulators took another step forward on the protracted and procedurally involved path to EU-wide data privacy reform earlier this month when the European Council (the organization of the individual member states) agreed upon a "common approach" to data privacy regulation that...

 

HTMLFCC Approves Proposed Changes to Telephone Solicitation and Text Marketing Rules
Kenneth R. Florin, James D. Taylor; Loeb & Loeb LLP;
Legal Alert/Article
June 25, 2015, previously published on June 18, 2015
Earlier today, the Federal Communications Commission voted 3-2 along party lines to approve Commissioner Tom Wheeler's proposal to "close loopholes and strengthen consumer protection" relating to telemarketing and text message marketing. The changes are in the form of answers to several...

 


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