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National Law Journal

Judge Dismisses Minority Investor From FTC's Antitrust Case Against Medical Practice

Welsh Carson's stake in USAP is "the FTC's only hook for the 'ongoing violation' under Section 13(b)" of the the FTC Act, U.S. District Judge Kenneth M. Hoyt wrote. "It is not clear how owning a minority share in a company that reduces competition satisfies the statute."
3 minute read

National Law Journal

Schumer Urges FTC to 'Pump the Breaks' on Chevron, Hess Merger

"I'm sounding the alarm against yet another proposed Big Oil merger," the Senate majority leader tweeted Sunday.
3 minute read

Corporate Counsel

Airline CEO Says DOJ Bungling Antitrust Enforcement in His Industry

Allegiant CEO Maurice Gallagher Jr. said the DOJ was misguided in blocking two JetBlue deals that would have helped that airline regain altitude after the pandemic.
4 minute read

Texas Lawyer

Was This Judge Too Slow? Jurist Suggests 5th Circuit Micromanages His Docket

"A district court has broad discretion and inherent authority to manage its docket. That's what it did here, much to the apparent dismay of the Fifth Circuit," U.S. District Judge Mark Pittman said.
5 minute read

Corporate Counsel

Congressional Probes Often Catch Companies Off Guard. Is Your Company Ready?

"Regardless of the political landscape, there's bipartisan interest in scrutinizing companies, especially larger ones with more perceived influence in the economy," said Kimberly Hamm, a partner at Mayer Brown.
9 minute read

Daily Business Review

IRS Continues Auditing Employee Retention Credit Claims for Fraud, Offers Protection for At-Risk Small Businesses

  Over the past year, the Internal Revenue Service (IRS) has discovered billions of dollars in potentially fraudulent Employee Retention Credit…
5 minute read

National Law Journal

DOJ Announces Task Force to Tackle Health Care Monopolies

"Task forces sometimes can be inefficient," said attorney Melissa Maxman. "But if ever there were a need for one, it would be in health care competition."
4 minute read

Daily Business Review

'Adjust on the Fly': South Florida Jury Awards $19.5M

"Trials never go as you expect them to," said Scott Wagner, a partner at Bilzin Sumberg. "This is an extreme example."
3 minute read

National Law Journal

Durbin Says He's Open to Talks on Reviving Circuit Blue Slips—But Is a Return Likely?

"I would say I'm ready to open this conversation and dialogue on a bipartisan basis, if we're talking about a prospective change after the election," said Sen. Richard Durbin, D-Illinois, and the Judiciary Committee's chair.
5 minute read

Corporate Counsel

New Global Regs Hitting Companies Already Facing Increased Compliance Challenges in US

In the United States, regulators are increasingly holding companies accountable for the compliance problems of their third-party vendors. Elsewhere, a new law in the United Kingdom will help prosecutors pursue corporate fraud, and a new EU regulation takes aim at subsidies granted by nonmember states that give companies an undue economic advantage.
5 minute read

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