Orrick Blog Sites

Antitrust and Competition Newsletter

U.S. Supreme Court Reaffirms Prohibition on Post-Expiration Patent Royalties, and the Vitality of Stare Decisis, in the Kimble “Spider-Man” Case

Posted on

On June 22, 2015, in a 6-3 decision in Kimble et al. v. Marvel Enterprises, LLC, 576 U.S. (2015), the United States Supreme Court reaffirmed its holding in Brulotte v. Thys, 379 U.S. 29 (1964), that it is per se patent Read More

Central District of California: Patent Blog

Courtroom Decorum and Trial Preparation

Posted on

Gregg Klang v. D. Russel Flueger, et al., Case No. SA CV 13-01971-JVS (DFMx) (Judge James Selna) In this recent detailed set of Orders, Judge Selna gave several key hints as to the “do’s and don’ts” of jury trials in Read More

Derivatives in Review

IRS Proposes to Revise the Treatment of Nonperiodic Payments

Posted on

On May 8, 2015, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) issued proposed and temporary regulations (the “Regulations”) relating to the treatment of notional principal contracts (“NPCs”) with nonperiodic payments.[1] The Regulations are designed to Read More

Distressed Download

Implications for the Imposition of Capital Controls in Greece

Introduction Following the recent event over the weekend (27/28 June 2015), we set out below a short guide on the current status in Greece. Background Months of negotiations on a deal to restructure Greece’s debts appear to have failed. Greek Read More

Employment Law and Litigation Blog

Show Me the Money: DOL Proposed Regulations Dramatically Expand Overtime Eligibility for White Collar Employees

Posted on

After months of talk and speculation about new overtime regulations, on June 30, 2015, the United States Department of Labor (“DOL”) issued its proposed rule and request for comments on its “white collar exemption” regulations.  The so-called “white collar exemptions” Read More

Financial Industry Review

Rating Agency Developments

Posted on

On June 26, Fitch released its updated criteria for rating credit card asset-backed securities.  Report. On June 23, Fitch released its updated criteria for rating thermal power projects.  Report. On June 23, Fitch released its updated global criteria assumptions for Read More

Policyholder Insider

Blurred Lines: The Professional Services Exclusion in D&O Policies for Services Companies

Posted on

Professional services companies need to be extra-careful when placing Directors and Officers liability (“D&O”) coverage to ensure that their policies don’t take away with one hand what they appear to give with the other. A new district court ruling suggests Read More

NorCal IP Blog

It’s Not Just What You Know, But When You Know – For Willful Infringement

Posted on

Motion to Dismiss Willful Infringement Claims granted, Monolithic Power Systems, Inc. v. Silergy Corporation, No. 14-cv-01745-VC (J. Chhabria) This case centers around three patents which, according to Monolithic Power Systems (MPS), are willfully infringed by the company’s former employee (Dr. Read More

Securities Litigation, Investigations and Enforcement

SEC Rolls Out First Wave of MCDC Settlements with Underwriters

Posted on

Last Thursday, the SEC announced it reached settlement agreements with 36 municipal securities underwriting firms pursuant to its Municipalities Continuing Disclosure Cooperation (MCDC) Initiative.  These settlements mark the first enforcement actions against underwriters of municipal securities under the MCDC Initiative.

Orrick Total Access

Straight Talk: Was VC Funding Up in 2014, Or Wasn’t It?

Posted on

All week we’ve been seeing lots of dazzling headlines about the state of VC going into 2015. According to CB Insights, venture capital firms invested more than $47.3 billion in more than 3,600 deals with U.S. startups in 2014, up Read More

Trade Secrets Watch

One Step Closer: European Parliament Legal Affairs Committee Approves Trade Secret Directive

Posted on

As Trade Secrets Watch has previously reported, new rules regarding the protection of trade secrets are on the horizon for the European Union. In November 2013, the European Commission announced a proposed Directive on trade secrets and confidential information. Around Read More