Author Archives: Bloomberg BNA - Staff Reports

U.S. President Donald Trump speaks during a joint press conference with Saad Hariri, Lebanon's prime minister, not pictured, in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, July 25, 2017. Photographer: Zach Gibson/Bloomberg

Trump to Tap Jones Day Litigator to CPSC as GOP Eyes Majority

Trump to Tap Jones Day Litigator to CPSC as GOP Eyes Majority

By Martina Barash, Bloomberg BNA  President Donald Trump plans to nominate Dana Baiocco, a partner at Jones Day in Boston, to the Consumer Product Safety Commission, the White House said in a statement Sept. 21. Baiocco, a product liability and regulatory compliance attorney, has defended Vibram USA, Honeywell Safety Products, and Yamaha in high-profile litigation,

Photographer: Andrew Harrer/Bloomberg

Seven Patent Petitions Queued Up for Supreme Court’s New Term

By Tony Dutra, Bloomberg BNA The U.S. Supreme Court could kick off its new term by deciding to revisit its landmark 2014 ruling on patent eligibility that wiped out protection for many software-based inventions. Synopsys Inc. filed the petition asking the court to clarify its ruling in Alice Corp. v. CLS Bank Int’l and its

Views Of The Capitol As Senate Adopts Budget With Cuts That Don't Privatize Medicare

Steptoe & Johnson Partner Kulkin Takes Director Slot at CFTC

By Richard Hill, Bloomberg BNA Steptoe & Johnson partner Matthew Kulkin has been named director of the Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight, the agency announced today. The division chiefly oversees swap dealers, futures brokers, and futures industry self-regulatory organizations. Kulkin is co-chairman of the DC Bar’s Derivatives, Securitization, and

Photographer: Andrew Harrer/Bloomberg

Management Lawyer Joins DOL as First Wage-Hour Political Hire

By Josh Eidelson, Bloomberg News, and Ben Penn, Bloomberg BNA Management-side attorney Keith Sonderling has joined the Labor Department’s Wage and Hour Division as a senior policy adviser, according to an e-mail sent to Department of Labor staff obtained by Bloomberg News. Sonderling is the first political appointee for the agency, which regulates and enforces minimum wage

NEW YORK - MAY 7:  A job applicant (L) speaks with recruiter Renee Chandler (R) during an interview May 7, 2003 at the offices of Metro Support Group in New York City.  The nation's jobless rate climbed to six percent in April, rising for the third straight month, adding up to half a million lost jobs.  New York's job market has especially been hit hard, with many applicants being unable to find work. (Photo by Chris Hondros/Getty Images)

Corporate Boards Get More Serious About Job Performance

By Andrea Vittorio, Bloomberg BNA How well corporate board members do their jobs is being measured more rigorously amid increased scrutiny from investors and each other. Most of the Russell 3000 company boards that say they review their performance each year now look at members individually, rather than as a whole, according to data provided

A monitor displays Equifax Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 8, 2017. The dollar fell to the weakest in more than two years, while stocks were mixed as natural disasters damped expectations for another U.S. rate increase this year. Photographer: Michael Nagle/Bloomberg

Equifax Breach Under Investigation by N.Y. Department of Financial Services

By Gerald B.Silverman, Bloomberg BNA The huge data breach at Equifax Inc. is being reviewed by the New York Department of Financial Services for possible violations of state law or regulations, a source familiar with the case, who requested anonymity because they weren’t authorized to speak officially about the investigation, told Bloomberg BNA. The NYDFS’s

Photographer: Martin Divisek/Bloomberg

Lawyer Admonished for Helping Client Leak GE Docs to Media

By Samson Habte, Bloomberg BNA  A prominent attorney to whistle-blowers was admonished by a Washington disciplinary panel for helping a fired General Electric in-house attorney leak damaging information about GE to law enforcement officials and journalists. The admonition — issued Aug. 30 by the District of Columbia Board of Professional Responsibility and directed at against

Photographer: Tomohiro Ohsumi/Bloomberg

Columbia Law Professor Jackson Tapped for Democratic Seat on SEC

By Phyllis Diamond, Bloomberg BNA Robert J. Jackson Jr., a corporate law professor at Columbia Law School, will be nominated for a Democratic seat on the Securities and Exchange Commission, the White House said today. Jackson is director of the law school’s Program on Corporate Law and Policy, according to his biography on the university’s

Photo by Michael Nagle / Bloomberg

Eli Lilly Fails to Overturn $20 Million Cialis Patent Decision

By Greg Langlois, Bloomberg BNA A jury decision that Eli Lilly and Co. infringed a patent by selling its famed Cialis drug for treatment of enlarged prostate will stand. In April, a jury awarded Germany-based Erfindergemeinschaft UroPep GbR $20 million in damages after finding Eli Lilly infringed UroPep’s U.S. Patent No. 8,791,124. UroPep filed suit

Google headquarters in Mountain View, California | Photographer: Michael Short/Bloomberg

Google May Be Pressed to Turn Over More Pay Data in Bias Probe

By Chris Opfer and Jay-Anne B. Casuga, Bloomberg BNA  The Labor Department wants an appeals panel to force Google to turn over more worker salary information in an ongoing investigation into alleged pay disparities at the tech giant’s California headquarters. DOL lawyers Aug. 24 asked the department’s administrative review board to order Google to turn