Recently a purported shareholder of certain special purpose acquisition companies (SPACs) initiated derivative lawsuits asserting that the SPACs are investment companies under the Investment Company Act of 1940, because proceeds from their initial public offerings are invested in short-term treasuries and qualifying money market funds.
A Florida owner of telemedicine companies is charged with orchestrating a health care fraud and illegal kickback scheme that involved the submission of over $784 million in false Medicare claims.
Senior Government Relations Advisor Phil English, a former seven-term member of Congress from Pennsylvania, testified before the State Government Committee of the Pennsylvania House on the issue of Congressional reapportionment.
On August 23, Vox Media announced that it acquired PUNCH, the James Beard Award-winning media brand, from Penguin Random House. Arent Fox LLP advised Vox Media in connection with the transaction.
JD Supra has awarded our Investigations team with its 2021 Readers’ Choice Award as the Top Firm for White Collar analysis. The award comes during a year when the legal intelligence platform quadrupled its content production.
Schiff Hardin LLP is pleased to announce that the firm has been named to the 2021 “A Lawyer Helps Pro Bono Honor Roll” by the Justice Initiatives Committee of the State Bar of Michigan.
The sharp increase in deal volume and consumer demand, coupled with an uncertain regulatory future and the lack of a developed market framework for dealmaking all combine to create a potent risk/reward cocktail for brands and sports teams looking to launch NFT programs.
Hospitals have long used color-coded wristbands as a patient safety initiative. Recently, the FDA issued a letter to medical device manufacturers to caution them against using colors for device identification wristbands that could create confusion for clinicians and result in inappropriate medical
Schiff Hardin LLP announced today the expansion of its Finance practice with the addition of Alexis Schostak, who joins as a partner in the firm’s Ann Arbor office.
On August 2, 2021, the Italian fashion brand Liu Jo filed a lawsuit in the Southern District of New York against model Kendall Jenner for $1.8 million, alleging that Jenner breached the terms of her modeling agreement by failing to reschedule a photoshoot that was postponed due to COVID-19 travel re
Non-fungible tokens have attracted widespread attention this year due to high-profile auctions involving NFTs representing digital artwork. Just as NFTs have invigorated the digital art landscape, they can rejuvenate patent monetization – making it easier, more secure, and accessible.
A federal district court recently found that a large diet and wellness company likely violated California’s Automatic Renewal Law by failing to send consumers confirmation emails that included specific instructions about how to cancel their subscription memberships.
On August 11, 2021, Sheng-Wen Cheng was sentenced to 72 months in prison for his alleged participation in multiple schemes related to Covid-19 pandemic loan fraud and securities fraud.
In Natarajan v. Dignity Health, the Supreme Court rejected a physician’s challenge to a peer review hearing officer based on alleged financial bias. In doing so, the Court gave hospitals helpful and long-needed guidance regarding such challenges
On August 10, 2021, the Senate passed a bipartisan infrastructure bill that included many pieces of President Biden’s plan, but also contained numerous revisions, reflective of the compromises necessary to pass this ambitious legislation in the Senate.