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|Vehicle Ignition Defect and Recall: GM Needs to Find the Road to Truth and Safety|
Kevin R. Dean; Motley Rice;
April 25, 2014, previously published on April 8, 2014Picture this: you’re cruising down the highway, you hit a bump in the road and your vehicle stops running in the midst of traffic. Or this, one minute you’re driving down a road, riding over a pothole and the next minute, you feel your engine begin to stall out and completely lose...
|U.S. and Japan Continue Talks on Auto Tariffs|
Masahiro Tanabe; Foley & Lardner LLP;
April 25, 2014, previously published on April 21, 2014Once again, the United States and Japan failed to reach an agreement on auto tariffs. Tariffs on automobiles are one of the remaining key issues that lie between the two countries in relation to the proposed Trans-Pacific Partnership (TPP).
|Massive GM Recall Highlights Importance of Civil Justice System|
Mark P. Chalos; Lieff, Cabraser, Heimann & Bernstein, LLP;
April 22, 2014, previously published on April 16, 2014General Motors CEO Mary Barra recently told Congress that GM is sorry for the American families whose loved ones were killed or injured by a deadly ignition defect present in millions of GM vehicles. While it is noteworthy that Ms. Barra has now admitted that GM's conduct has caused numerous deaths...
|Update On Settlement Of Antitrust Suit Against Comdata And Truck Stop Chains|
Eric B. Fastiff; Lieff, Cabraser, Heimann & Bernstein, LLP;
April 22, 2014, previously published on April 18, 2014Earlier this year, a settlement of $130 million plus prospective relief was reached in a class action lawsuit brought by truck stops and other retail fueling facilities that paid percentage-based transaction fees to Comdata on proprietary card transactions using Comdata's over-the-road fleet card.
|What’s Next for Conflict Minerals Rules After D.C. Circuit Decision?|
Foley Lardner LLP;
April 21, 2014, previously published on April 17, 2014On April 14, 2014, the U.S. Court of Appeals for the District of Columbia Circuit (D.C. Circuit) issued its long-anticipated ruling in the industry challenge to the Securities and Exchange Commission’s (SEC) conflict minerals rules, and - as we forecast in a previous blog post - free speech...
|OESA Sees Sunny Skies for Auto Industry|
Jeffrey A. Soble; Foley & Lardner LLP;
April 16, 2014, previously published on April 14, 2014The Original Equipment Suppliers Association (OESA) recently released its 2013 Annual Report which includes an interesting and positive “State of the Industry.” Modest growth is projected for both 2014 and 2015, pushing expected annual North American Production levels over 17 million...
|Tragic California College Tour Bus Accident Highlights Need For Greater Bus Safety|
Fabrice N. Vincent; Lieff, Cabraser, Heimann & Bernstein, LLP;
April 16, 2014, previously published on April 13, 2014The investigation into the cause of the deadly bus crash on Interstate 5 near Orland, California, involving the collision of a FedEx tanker truck and a motor coach transporting high school students to tour Humboldt State University is in its initial stages. Investigators will seek to identify why...
|D.C. Circuit Partially Strikes Down SEC Conflict Minerals Rules|
Frank S. Murray, Mark T. Plichta; Foley & Lardner LLP;
April 16, 2014, previously published on April 15, 2014On April 14, 2014, the U.S. Court of Appeals for the D.C. Circuit issued its long-awaited decision in the challenge to the SEC’s conflict minerals disclosure rule filed by the National Association of Manufacturers (“NAM”) and other industry groups, giving the challengers a partial...
|What Does the First-Ever Extradition on an Antitrust Charge Mean for the Auto Parts Investigation?|
Jennifer M. Driscoll-Chippendale; Sheppard, Mullin, Richter & Hampton LLP;
April 11, 2014, previously published on April 4, 2014On April 4, 2014, the U.S. Department of Justice, Antitrust Division announced a milestone victory, having successfully litigated its first extradition for an alleged antitrust violation. Romano Pisciotti, an Italian national and former Parker ITS Srl executive, was extradited from Germany for his...
|Application of GAAR to a Cross-Border Debt “Clean-Up” Transaction: The Pièces Automobiles Lecavalier Inc. Case Lavery, An Overview|
Éric Gélinas; Lavery, de Billy, L.L.P.;
March 28, 2014, previously published on March 2014The Tax Court of Canada recently rendered a decision dealing with the general antiavoidance rule (“GAAR”) in the context of the elimination of a cross-border debt between Greenleaf Canada Acquisitions Inc. (“Greenleaf”) and Ford US, its American parent company, prior to the...