Robins Kaplan LLP

Have You Noticed the Increase in Food Recalls?

Almost every day, the FDA announces a new recall or safety alert for a potentially dangerous food. Earlier this month, Trader Joe’s recalled some SKUs of apple sauce due to complaints that they may contain small pieces of glass,…more
| Administrative Law, Commercial Law & Contracts, Insurance, Products Liability

Your Daily Dose of Financial News

News emerged in past weeks that North Korean hackers were likely behind the theft of $81 million from the central bank of Bangladesh. You can add to that an attack on more than 20 Polish banks and an attempt at other financial…more
| Commercial Law & Contracts, Energy & Utilities, Finance & Banking, Mergers & Acquisitions, Securities Law

Your Daily Dose of Financial News

Eric Mindich—famous for becoming the youngest-ever Goldman partner at 29—is shuttering his Eton Park Capital Management hedge fund and returning the $7 billion it manages to investors. Viewed along with Pershing Square’s recent…more
| Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Securities Law

Breach of Fiduciary Duty (and Related) Claims Are Not Easily Defeated: A Case Study in Motions for Judgment on the Pleadings

Just what must be alleged for claims for breach of fiduciary duty to proceed past initial pleadings and into meaningful fact development? In a recent decision, the United States Bankruptcy Court for the Eastern District of…more
| Bankruptcy, Business Torts, Civil Procedure, Civil Remedies, Commercial Law & Contracts

Your Daily Dose of Financial News

Eddie Lampert’s Sears mega-gamble appears to finally be catching up with him. Or the store, at least. Mr. Lampert, it seems, will come out not as worse for the wear as one might have expected…more
| Energy & Utilities, Finance & Banking, International Law & Trade, Mergers & Acquisitions, Science, Computers, & Technology

Your Daily Dose of Financial News

Uber’s board is sticking with the devil it knows. And that means that CEO Travis Kalanick’s safe where he is, despite a few pretty awful months for the ride-hailing company and promises to change the company culture…more
| Antitrust & Trade Regulation, Commercial Law & Contracts, Finance & Banking, Maritime Law, Securities Law

New York Regulations Heighten Need for Due Diligence and Cyber Insurance Coverage

Cybersecurity rules from the New York Department of Financial Services (DFS) went into effect on March 1 and now banks and insurers are faced with an increasing level of potential legal exposure for data breaches. This…more
| Commercial Law & Contracts, Finance & Banking, Privacy, Insurance, Science, Computers, & Technology

Your Daily Dose of Financial News

White Collar Watch dates itself considerably with its Perry Mason allusion, but its bigger point is an interesting one–good luck finding a true “gotcha” moment when dealing with what are “quintessentially offenses of the mind”…more
| Commercial Law & Contracts, Finance & Banking, International Law & Trade, Mergers & Acquisitions, Securities Law

Your Daily Dose of Financial News

Following up on news last week that Bill Ackman was finally done with his grand Valeant experiment, the Times gives us a deeper look at what was really going on with the activist investor’s bet and ultimate $4 billion loss…more
| Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions, Science, Computers, & Technology, Securities Law

Google Takes the Driver’s Seat in its Suit against Uber

The accidental push of a “send” button has Google zealously fighting to protect its exclusive driverless car technology. On February 23, 2017, Google’s self-driving car unit, Waymo LLC (“Waymo”), filed a lawsuit in the Northern…more
| Civil Procedure, Communications & Media Law, Intellectual Property, Science, Computers, & Technology

Your Daily Dose of Financial News

The struggle to attract and retain businesses and the jobs they provide has increasingly led to states and cities squaring off against others, with competing tax incentive packages the very real currency of the battle…more
| Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions, Securities Law, Taxation

Your Daily Dose of Financial News

As anticipated (and hinted-at forcefully by its officials), the Fed raised the benchmark interest rate yesterday to a range nearing 1 percent, a move that signals the slow end to the body’s nine-year stimulus effort…more
| Civil Procedure, Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Securities Law

Your Daily Dose of Financial News

Financial transaction provider Euronet Worldwide’s made an unsolicited bid to acquire MoneyGram for about $1 billion in cash, throwing a wrench into Ant Financial’s plan to use MG as a way to break into the US market and raising…more
| Communications & Media Law, Finance & Banking, International Law & Trade, Mergers & Acquisitions, Securities Law

Your Daily Dose of Financial News

Bill Ackman, not known for giving up easily, is finally throwing in the towel on Valeant (even after taking a board seat at the company) and cutting his losses after a failed “two-year bet that lost about $4 billion for his…more
| Finance & Banking, Labor & Employment Law, Mergers & Acquisitions, Science, Computers, & Technology, Securities Law

First Delivery Drones; Now Floating Warehouses

Amazon continues its claims to further innovation in the on-demand delivery space. Its latest patent attempts to give a “lift” to that quest. The USPTO very recently awarded Amazon a patent for giant warehouse blimps that would…more
| Commercial Law & Contracts, Intellectual Property, Privacy, Science, Computers, & Technology, Transportation
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