Another Look at Rule 10b5-1 Trading Plans
December 31, 2013
By establishing a prearranged plan to trade their companies' stock in compliance with SEC Rule 10b5-1, corporate executives avail themselves of the only formally codified affirmative defense against a charge of insider trading. However, statistical evidence demonstrating that executives in trading plans outperform their peers by 6% to 10% have twice brought trading plans under academic and journalistic scrutiny.
Drug & Device News
December 31, 2013
New Plan in Mesh Litigation <br>Change Would Let Generic Drug Companies Make Not-Yet Approved Label Changes<br>Trial over Billion-Dollar Molecules Yields $400,000 Verdict
With Virtual Currency, Does Virtually Anything Go?
December 31, 2013
In late 2013, a Subway sandwich franchise in Pennsylvania was making the news for being one of the first small American businesses to accept bitcoin as payment for purchases. According to press reports, that franchise generated a lot of interest among hungry bitcoin enthusiasts, who went out of their way to visit the store. Should this be dismissed as a mere publicity stunt, or is the use of bitcoin something that deserves some thought?
Bit Parts
December 31, 2013
Nashville Federal Court Finds Plausible Copyright Infringement Claim over "Remind Me" Phrase<br>Puerto Rico District Court Rules There Were Implied Licenses for Music Festival Artworks, But Were the Licenses Irrevocable?<br>Songwriting Income and Record Production Activity Don't Support Long-Arm Jurisdiction
Accounting for Obamacare
December 31, 2013
The Affordable Care Act (ACA), aka Obamacare, created the Small Business Health Options Program (SHOP), a part of each state's Health Insurance Marketplace, where small businesses with under 50 full-time equivalent employees can purchase group health plans. The small business owner is continually being placed in an untenable position without the ability to do any planning.
A Dangerous Undertaking
December 31, 2013
Oliver Wendell Holmes once wrote that "it would be a dangerous undertaking for persons trained only to the law to constitute themselves final judges of the worth of pictorial illustrations." If Holmes didn't think he could do it, which of us thinks we're up to the task? Nonetheless, this was just the challenge taken up by Judge Block of the U.S. District Court for the Eastern District of New York in <i>Cohen v. G&M Realty L.P.</i>
Lawsuits over Unpaid Internships Took Root in 2013
December 31, 2013
Eric Glatt was in the library at Georgetown Law Center when he got the call last summer. On the other end of the line was his lawyer, Juno Turner, an associate at New York's Outten & Golden. "We won," she said. With those two words, Glatt, who holds an MBA from Case Western University and is now working toward a law degree, became the unconventional hero for unpaid interns everywhere.
Quarterly State Compliance Review
December 31, 2013
This edition of the Quarterly State Compliance Review looks at some legislation of interest to corporate lawyers that went into effect on Jan. 1, 2014. It also looks at four recent decisions of interest from the Delaware courts.
