Reed Smith

United States

Contact: Michael Scherpereel

  • (412) 288-3131
  • (412) 288-3063

Downturn in the Oil and Gas Industry: It’s Time to Perfect Your Liens

Joint operations in the oil and gas industry long have been one of the conventional ways to reduce and spread the economic risks associated with exploration, drilling and production of crude oil and natural gas. With the recent…more
| Commercial Law & Contracts, Energy & Utilities, Finance & Banking

Counties Seek To Implement Drug Disposal Ordinances

The Northern California County of Alameda has apparently begun to seek payment from select pharmaceutical manufacturers pursuant to the Alameda County Safe Drug Disposal Ordinance (Alameda County Code Chapter 6.53, §§…more
| Administrative Law, Environmental Law, Health, Science, Computers, & Technology

Another Listeria Outbreak Reminds Food Industry to Revisit Insurance Program

On December 19, the U.S. Centers for Disease Control and Prevention (CDC) recommended that U.S. consumers not eat any commercially produced, prepackaged caramel apples and that retailers not sell or serve them as they continue…more
| Commercial Law & Contracts, Consumer Protection, Insurance, Products Liability

Normalizing U.S. Relations with Cuba: What is ahead?

On December 17, President Obama announced that he will take steps to normalize relations with Cuba, prompting questions about what this means for an island nation that has existed under a Cold War-era embargo for more than 50…more
| Commercial Law & Contracts, Communications & Media Law, Elections & Politics, Finance & Banking, International Law & Trade

Under New Law, a Big Win for Small Community Banks

Under a law enacted this month, a small bank exemption to acquisition debt limits will cover a far broader group of banks. The measure, signed into law by President Obama Dec. 18, would extend the applicability of the Federal…more
| Finance & Banking, Mergers & Acquisitions

Congress’ Failure to Extend Terrorism Risk Insurance Act Requires Policyholders to Act Diligently Before January 1

With the recent uptick in terrorist activity omnipresent in the news, the need for financial protection against the effects of terrorism is plainly evident. Nevertheless, Congress has now adjourned for the year without making…more
| Commercial Law & Contracts, Elections & Politics, Insurance, International Law & Trade

VAT Charged On Invoices Relating To Defined Benefit Occupational Pension Schemes – All Change For HMRC’s Approach

HMRC has released new guidance dealing with the ability of sponsoring employers to recover input VAT in respect of supplier costs for running defined benefit occupational pension schemes. These costs will typically involve a…more
| Labor & Employment Law, Finance & Banking, Taxation

Pa. Supreme Court Agrees that Policyholders May Assign Their Bad Faith Claims

This week, in a 5-1 decision resolving a certified question from the U.S. Court of Appeals for the Third Circuit, the Pennsylvania Supreme Court held that a policyholder or insured is permitted to settle the claims against it by…more
| Civil Procedure, Commercial Law & Contracts, Insurance

Supreme Court Clarifies Class Action Fairness Act’s Removal Requirement: 'Liberal Rules' Do Not Require Evidence of Amount in Controversy in Notice of Removal

Class action defendants need not include evidence regarding the amount in controversy when removing a case to federal court under the Class Action Fairness Act (“CAFA”), thanks to the United States Supreme Court’s decision in…more
| Civil Procedure

Whole Foods’ Proposal for Proxy Access Is Sufficient to Exclude Shareholder Proposal

In a closely watched development, the SEC’s Division of Corporation Finance Staff (Staff) granted no-action relief in early December to Whole Foods Market, Inc. (Whole Foods, or the Company) in response to the Company’s request…more
| Administrative Law, Commercial Law & Contracts, Securities Law

Class Actions Can Strain Retail Electric Providers

In August 2014, a putative class action suit was brought against Ambit Energy Holdings LLC, Ambit Texas, LLC, Ambit Northeast LLC, and Ambit New York, LLC (collectively, “Ambit”) in New Jersey federal district court. Class…more
| Civil Procedure, Commercial Law & Contracts, Energy & Utilities, Business Torts, Consumer Protection

The New Private Copying Exception: The UK Music Industry Wants to be Paid for It

Three UK music industry organisations, the Musician’s Union, the British Academy of Songwriters, Composers and Authors, and UK Music, have recently launched a legal action seeking leave to apply for judicial review of the UK’s…more
| Art, Entertainment, & Sports Law, Civil Procedure, Intellectual Property, International Law & Trade

Allergen Labelling Requirements: Warning - May Contain Penalties

Christmas is already a busy time for the food and catering industries but, in addition to this, the government has enacted new provisions regarding food labelling, which entered force on 13 December this year…more
| Communications & Media Law, Consumer Protection, International Law & Trade, Products Liability

Emergency Response II: Press Reports and False Markets

Introduction - On 10 December 2014 a report was published relating to the mishandling of the UK Financial Conduct Authority’s (FCA) announcement of its thematic review into certain insurance business. The mishandling…more
| Commercial Law & Contracts, Finance & Banking, Insurance

EU clarifies Russian sanctions

This alert follows our previous alerts on the Russia/Ukraine sanctions. On 5 December 2014, the European Commission published Regulation 1290/2014 (the Amending Regulation) with effect from 6 December 2014. This further…more
| Commercial Law & Contracts, Elections & Politics, Energy & Utilities, Finance & Banking, International Law & Trade
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Areas of Practice
  • Administrative Law
  • Agriculture
  • Alternative Dispute Resolution (ADR)
  • Antitrust & Trade Regulation
  • Appellate Practice
  • Art, Entertainment, & Sports Law
  • Bankruptcy
  • Business Organizations
  • Business Torts
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  • Class Action
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  • Communications & Media Law
  • Constitutional Law
  • Construction Law
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  • Privacy
  • Products Liability
  • Real Estate
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  • Securities Law
  • Taxation
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  • Zoning, Planning & Land Use
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Other U.S. Locations
  • California
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Other Countries
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Number of Attorneys

1,000+ Attorneys

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