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Third time is the charm for auditor seeking dismissal of securities fraud case

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 10 2013

On April 8, 2013, District Judge Shira Scheindlin (S.D.N.Y.) dismissed Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte") from a securities fraud class

More light or more heat? California's proposed 'Right To Know Act' expands Shine the Light requirements, may expand liability

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 5 2013

California legislators have proposed revisions to the Shine the Light Act, which we first wrote about here. Under pending legislation, the Shine the

Did we sign up for this? Court compels arbitration based on dispute resolution terms of separate contract

  • Reed Smith LLP
  • -
  • USA
  • -
  • March 27 2013

A Texas Court of Appeals has held that parties to a natural gas gathering contract are required to utilize arbitration - despite the absence of

FAR Councils to inverted domestic corporations: don't call us, we won't call you

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 4 2013

In a move that should surprise no one, the Councils responsible for the Federal Acquisition Regulation ("FAR") have adopted a final rule prohibiting

A guide to contract interpretation

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 1 2013

Transactional attorneys and litigators often take a very different approach toward contracts. Transactional attorneys focus on the ex antethe

Sixth Circuit holds that mortgage foreclosure and foreclosure lawyers are subject to the FDCPA

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 1 2013

The U.S. Court of Appeals for the Sixth Circuit recently held that mortgage foreclosure actions are "debt collection" under the Fair Debt Collection

FDA issues final rule on current good manufacturing practice requirements for combination products

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 29 2013

FDA has issued a final rule on the current good manufacturing practice (CGMP) requirements applicable to combination products. The rule clarifies

Delaware court permits shareholder damages suit against Novell Inc. board to continue

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 10 2013

In a January 3, 2013 decision, the Delaware Court of Chancery declined to dismiss a shareholder class action lawsuit that claimed the Board of Novell Inc

In-house counsel: how to avoid being deposed, Part 2

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 10 2013

Have you ever thought that being an in-house attorney will insulate you from being deposed as a witness?? Not so fast! The role of in-house counsel in the

Debt collectors now subject to CFPB oversight

  • Reed Smith LLP
  • -
  • USA
  • -
  • November 28 2012

The CFPB has announced that, effective January 2, 2013, it will assume oversight of debt collection agencies that have more than $10 million in annual receipts from consumer debt collection activities