Wilson Sonsini Goodrich & Rosati

ZTE Corporation to Be Removed from Entity List as of March 29, 2017

Zhongxing Telecommunications Equipment Corporation (ZTE Corporation) and ZTE Kangxun Telecommunications Ltd. (ZTE Kangxun) (collectively "ZTE" or "the companies") will be removed from the Department of Commerce's Bureau of…more
| Business Organizations, Communications & Media Law, International Law & Trade

U.S. Supreme Court Diminishes Laches Defense in Patent Infringement Cases

On March 21, 2017, the U.S. Supreme Court confirmed that "laches" is not a defense to infringement during a statutory damages period set by Congress in SCA Hygiene Products Aktiebolag v. First Quality Baby Products, LLC. Laches…more
| Civil Procedure, Civil Remedies, Intellectual Property, Science, Computers, & Technology

Washington Utilities and Transportation Commission Proposes Innovative Analysis to Support Energy Storage Development and Deployment

On March 6, 2017, the Washington Utilities and Transportation Commission (WUTC) released a Draft Report and Policy Statement on the Treatment of Energy Storage Technologies in Integrated Resource Planning and Resource…more
| Energy & Utilities

Important Decision by Massachusetts Supreme Court May Significantly Reduce Risk of Merger Litigation

The recent decision by the Massachusetts Supreme Court in Int'l Brotherhood of Electrical Workers Loc. No. 129 Benefit Fund v. Tucci has the potential to significantly reduce merger litigation for publicly traded companies…more
| Business Organizations, Business Torts, Civil Procedure, Mergers & Acquisitions, Securities Law

ZTE Is Assessed $1.19 Billion in Penalties for Criminal and Civil Violations of Export Control and Economic Sanctions Laws and Regulations

On March 7, 2017, the U.S. government announced that China's Zhongxing Telecommunications Equipment Corporation and its affiliate, ZTE Kangxun Telecommunications Ltd. (collectively "ZTE"), have agreed to a global settlement with…more
| Business Organizations, Communications & Media Law, Criminal Law, International Law & Trade

WSGR FinTech Update - March 2017

Wilson Sonsini Goodrich & Rosati is pleased to introduce the first in a series of monthly updates from the FinTech practice. The purpose of the updates is to provide timely information on issues of interest to WSGR’s FinTech…more
| Business Organizations, Finance & Banking, Science, Computers, & Technology, Securities Law

Ninth Circuit Provides More Detailed Guidance on the Enforceability of Arbitration Provisions

On January 19, 2017, the U.S. Court of Appeals for the Ninth Circuit issued an opinion in Norcia v. Samsung Telecommunications America, LLC in which it provided guidance on the enforceability of arbitration agreements in…more
| Alternative Dispute Resolution (ADR), Civil Procedure, Communications & Media Law

Continuation of ZTE General License Until March 29, 2017

On February 24, 2017, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) published a rule extending for the fourth time the temporary general license for exports, reexports (shipments from one foreign…more
| International Law & Trade

U.S. Supreme Court Limits Patent Law's Reach over Extraterritorial Infringement Liability

Today, in Life Technologies Corp. v. Promega Corp.,1 the U.S. Supreme Court unanimously held that supply of a single component of a multicomponent invention for manufacture abroad does not give rise to liability under 35 U.S.C…more
| Civil Procedure, Intellectual Property, International Law & Trade, Science, Computers, & Technology

The Entrepreneurs Report: Private Company Financing Trends

Venture financing data shows that 2016 was an exceptionally strong year for early-stage valuations and amounts raised. Median pre-money valuations for 2016 Series A and Seed financings exceeded those of each of the past five…more
| Business Organizations, Finance & Banking, Securities Law

Important Reminders for the 2017 Proxy Season

The following are some important reminders and updates for the 2017 proxy season. Say-When-on-Pay - Required Vote in 2017 - The Securities and Exchange Commission (SEC) requires companies to conduct a shareholder…more
| Commercial Law & Contracts, Securities Law

Massachusetts Announces New Solar Energy Incentive Program Proposal and Deadline Extension Procedures for Existing Program

The Massachusetts Department of Energy Resources (DOER) has announced its final proposal for the successor incentive program—named the Solar Massachusetts Renewable Target (SMART)—to the successful Renewable Portfolio Standard…more
| Energy & Utilities, Environmental Law, Government Contracting

2016 Securities and M&A Litigation Year in Review

Wilson Sonsini Goodrich & Rosati is pleased to present its 2016 Securities and M&A Litigation Year in Review. This report covers some of the major developments in securities and M&A litigation over the past year. Please…more
| Business Organizations, Commercial Law & Contracts, Finance & Banking, Mergers & Acquisitions, Securities Law

Report on U.S. Semiconductor Industry Raises Implications for PRC Investments in U.S. Companies

In January 2017, the President's Council of Advisors on Science and Technology (PCAST) issued a report to then President Barack Obama titled "Ensuring Long-Term U.S. Leadership in Semiconductors."1 The report assesses the state…more
| Business Organizations, International Law & Trade, Science, Computers, & Technology, Securities Law

FERC Orders Midwest Energy Markets to Be Opened to Energy Storage

The Federal Energy Regulatory Commission (FERC) has taken another important action to open energy markets to energy storage facilities. In November 2016, FERC released a Notice of Proposed Rulemaking (NOPR) to consider issues…more
| Energy & Utilities
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