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Hedge Fund Manager Hit With $350,000 In Hart-Scott-Rodino Penalties FTC Puts Hedge Funds "On Notice" That They Are Not Exempt From HSR Rules
The FTC recently announced a $350,000 Hart-Scott-Rodino consent judgment against hedge fund manager Scott R. Sacane. Sacane owns Durus Capital Management (N.A.), LLC. In 2003 a Durus-managed offshore fund (Master Fund) made Hart-Scott reportable acquisitions of voting securities in two U.S....
Read MoreFTC Administrative Law Judge Strikes Down Consummated Hospital Merger As Anticompetitive
In January 2000 three hospitals located near Chicago - Evanston Hospital (Evanston), Glenbrook Hospital (Glenbrook) and Highland Park Hospital (Highland Park) - merged to form the Evanston Northwestern Healthcare Corporation (ENH). More than four years later the Federal Trade Commission (FTC)...
Read MoreDOL's LMRDA Enforcement Initiative Raises Significant Issues For Employers
In the last few months, the United States Department of Labor (DOL) has moved forward with its renewed focus on compliance by unions and employers under the Labor Management Reporting and Disclosure Act (LMRDA). Although in effect since 1959, most of the LMRDA obligations largely have been ignored...
Read MoreA Labor And Employment Practice Raises The Bar
Editor: Mr. Dreiband, would you tell our readers something about your background and professional experience? Dreiband: Prior to Akin Gump, I served most recently as General Counsel of the United States Equal Employment Opportunity Commission. Before that I served as the Deputy Administrator of...
Read MoreIntellectual Property - Law Firms IP Holding Companies Beware: Lessons From The Poly-America Case
Many corporate families include an IP holding company - a separate corporation that owns the intellectual property assets of the family and then licenses assets to affiliated companies as needed for their use. The reasons for adopting such a structure are varied, ranging from the ability to more...
Read MoreTexas - Law Firms The Lone Star State's Multiple Attractions
Editor: Please tell us about your background. Menges: I have lived in Dallas and have been practicing law here for over 23 years. Prior to my college years at Boston University and law school at Harvard Law School, I attended junior high and high school in the Dallas area. Editor: What led...
Read MoreObtaining Certiorari In The United States Supreme Court
By the time you consider petitioning the Supreme Court for certiorari ("cert"), you will have already expended a significant amount of time and money trying to obtain a favorable result. Having already invested so much, the desire to take your case to the Supreme Court to set things...
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