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HTMLGolar LNG Limited Successfully Prices Public Follow-On Offering of its Common Stock
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 3, 2014, previously published on June 27, 2014
On Wednesday, Golar LNG announced the pricing of its offering of 11 million shares of common stock at $54 per share. The stock opened trading today at the price of 59.27, a 9.8% increase from the offering price. Golar LNG granted its underwriters a 30-day option to purchase up to an additional...

 

HTMLEdmonton Industrial Park to Develop LNG for Export to China
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 3, 2014, previously published on June 27, 2014
The Edmonton Economic Development Corporation (EEDC) announced plans to build a 1,000 acre industrial park in Sturgeon County, including a facility to make LNG to export to China. EEDC signed a memorandum of understanding with two partners - Gascana AB Energy Ltd. And Gascana-Sino Industrial Park...

 

HTMLSigned, Sealed, Delivered, They're Ours: Illinois Sources Cloud Computing Receipts Using Market-Based Approach
Sahang-Hee Hahn, Pilar Mata; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 3, 2014, previously published on June 27, 2014
The Illinois Department of Revenue determined that a taxpayer’s cloud computing receipts should be sourced for sales factor purposes using a market-based approach because the receipts were derived from services. The taxpayer was an information technology hosting services provider engaged in a...

 

HTMLSupreme Court Rules Compliance with FDA Labeling Guidelines Does Not Bar Lanham Act False Advertising Suits - POM Wonderful v. Coca-Cola Co.
Bruce Colbath, Gregg Re; Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article
July 2, 2014, previously published on June 19, 2014
In a highly anticipated decision, the Supreme Court on June 12 announced that compliance with food labeling guidelines promulgated by the Food and Drug Administration will not operate as a bar against false advertising claims brought under the Lanham Act. In its decision, the Court made clear that...

 

HTMLFDA Releases Long-Awaited Guidances on Character Limitations and Misinformation on Internet/Social Media
Loeb Loeb LLP;
Legal Alert/Article
July 1, 2014, previously published on June 2014
In two separate guidances, the Food and Drug Administration (FDA) advises prescription drug and device manufacturers on its "current thinking" on advertising through space-constrained social media (e.g., Twitter) and on the monitoring of third-party online posts. Although the guidances,...

 

HTMLFTC Cuts Down Plastic Lumber Recycled Content Claims
Nathan S. Cardon, Tracy P. Marshall, Sheila A. Millar, Jean-Cyril Walker; Keller and Heckman LLP;
Legal Alert/Article
June 26, 2014, previously published on June 20, 2014
For the second time in five months, the Federal Trade Commission (FTC) has announced a settlement of allegedly deceptive recycled content claims for plastic lumber.

 

HTMLDon’t Get Caught Offside -Ambush Marketing at the 2014 World Cup
Paolo Cerroni, Emma Kingston, Akash Sachdeva; Edwards Wildman Palmer LLP;
Legal Alert/Article
June 17, 2014, previously published on June 17, 2014
After much preparation, anticipation and perspiration, the 2014 Football World Cup has finally kicked off. From now until the Final on 13 July, billions of people worldwide will have their attention dominated and consumed by scintillating displays of intense sporting rivalry, moments of individual...

 

HTMLFederal False Advertising Lawsuits Permitted to Proceed Notwithstanding Compliance with Government Rules and Regulations
Barry M. Benjamin, Theodore H. Davis; Kilpatrick Townsend Stockton LLP;
Legal Alert/Article
June 17, 2014, previously published on June 12, 2014
In a closely watched case involving allegations of false advertising by competitors, the U.S. Supreme Court handed a victory to POM Wonderful by accepting that company’s argument that mere compliance with governmental regulations does not preclude or preempt false advertising claims under the...

 

HTMLThe Positive Implications of FTC v. BurnLounge for Direct Sellers
Barry M. Benjamin, Jeremy A. Schachter; Kilpatrick Townsend Stockton LLP;
Legal Alert/Article
June 16, 2014, previously published on June 10, 2014
In FTC v. BurnLounge—after providing a crash course on pyramid schemes and how to properly distinguish a pyramid from a legit multi-level marketing (MLM) operation—the Ninth Circuit upheld the district court’s finding that BurnLounge’s business constituted an illegal pyramid...

 

HTMLALJ Essex Denies Motion To Compel Production Of Documents In Certain Windshield Wipers (337-TA-902)
John F. Presper, Eric W. Schweibenz; Oblon, Spivak, McClelland, Maier & Neustadt, L.L.P.;
Legal Alert/Article
June 13, 2014, previously published on June 9, 2014
On June 3, 2014, ALJ Theodore R. Essex issued the public version of Order No. 11 (dated May 19, 2014) denying Complainant Trico Products Corp.’s (“Trico”) motion to compel Respondents Federal-Mogul Corp. and Federal-Mogul SA (collectively, “Federal-Mogul”) to produce...

 


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