February 10, 2014 | Inside Counsel
General counsel must become global change agentsWith power shifting from outside counsel to the general counsel, GCs are now well positioned to lead their teams to refine their global operations and truly become best-run departments within the organization.
By Amanda Ciccatelli
3 minute read
February 07, 2014 | Inside Counsel
Patent battle between Intellectual Ventures and Google ends on a mistrialAfter a day of deliberations, the jury has failed to come to a conclusive verdict on a case pitting Google Inc. against Intellectual Ventures, forcing the judge to announce a mistrial on the patent case allegations.
By Amanda Ciccatelli
3 minute read
February 06, 2014 | Inside Counsel
Government report shines light on asbestos litigationAccording to a U.S. government report, companies have set aside more than $30 billion for victims of mesothelioma since the 1980s. In fact, asbestos lawsuits have played a role in approximately 100 companies going bankrupt.
By Amanda Ciccatelli
6 minute read
February 05, 2014 | Inside Counsel
Judge approves JPMorgan's $543 million settlement with MadoffJPMorgan Chase & Co.s $543 million settlement with the trustee for Bernard Madoffs firm was approved by a federal bankruptcy judge, ending a case in which thousands of investors accused the bank of ignoring the scheme
By Amanda Ciccatelli
6 minute read
February 04, 2014 | Inside Counsel
Inventergy closes $7.25 million private equity financing and quadruples telecom patent portfolioInventergy Inc., an intellectual property acquisition and licensing company, has been busy lately. The company is dedicated to identifying, acquiring and licensing the patented technologies of technology giants.
By Amanda Ciccatelli
3 minute read
January 31, 2014 | Inside Counsel
IT can decrease security risk through ISO 27000 and PCICompliance-based security doesnt always provide protection against determined attacks. According to the investigation, Target was aware that such a breach could happen, but it still ignored warnings.
By Amanda Ciccatelli
4 minute read
January 30, 2014 | Inside Counsel
President Obama pushes Congress to pass anti-patent troll billPresident Barack Obama has called for Congress to pass legislation aimed at reining in what many companies complain are frivolous patent infringement lawsuits. The President announced a blueprint for reducing the number of lawsuits in June and reiterated support for the effort in his State of the Union Address
By Amanda Ciccatelli
3 minute read
January 29, 2014 | Inside Counsel
The past comes back to haunt the Royal Bank of ScotlandRBS is now singing a different tune. As a result of the financial crisis, eight top executives of the bank will not receive bonuses for 2013.
By Amanda Ciccatelli
7 minute read
January 28, 2014 | Inside Counsel
Microstamping law forces gun manufacturers to stop selling new guns in CaliforniaTwo gun manufacturers say they've stopped selling updated versions of semiautomatic handguns in California because they can't comply with the law
By Amanda Ciccatelli
5 minute read
January 24, 2014 | Inside Counsel
The finish line is distant for the Bahamas compliance with U.S. FATCAThe Ministry of Financial Services, the Ministry of Finance and the Office of the Attorney General, have revealed that the Bahamas is well advanced in the process of finalizing its compliance arrangements with the United States Foreign Accounts Tax Compliance Act (FATCA).
By Amanda Ciccatelli
7 minute read