Baker McKenzie has recruited tax partner Nadja Ruiz from EY in Mexico to better assist businesses in a country where tax audits and reviews are on the rise. Before joining EY in 2017, Ruiz worked at Mexico’s federal tax administration, known by its Spanish acronym SAT, where she served as…

Eckert Seamans Cherin & Mellott’s proposed $45 million settlement for the benefit of investors defrauded by cash advance company Par Funding may be in danger from an unexpected source: the recent U.S. Supreme Court ruling that blew up the massive bankruptcy deal negotiated by opioid manufacturer Purdue Pharma.  The Purdue…

The Federal Trade Commission is warning franchisors against using “unfair and deceptive practices” against franchisees following a yearlong probe that found some franchisors improperly limited franchisees’ ability to speak to regulators and imposed fees not previously disclosed.  “Franchisee reports and voluntary interviews are a critical part of FTC investigations,” the…

Can Insurers Carve Out Exception to Obligation to Pay Defense Costs? | Texas Lawyer Page Printed From: https://www.law.com/texaslawyer/2024/07/15/a-case-that-could-impact-insurers-duty-to-defend-is-headed-to-texas-supreme-court/ Patterson UTI walking rig. Courtesy: Patterson UTI Energy Co. A court of appeals ruled an excess policy did not unambiguously exclude defense costs for the insured, a Houston oil drilling services company…

When President Cyril Ramaphosa signed legislation legalising cannabis for personal use in May, it sparked interest among those who’d like to commercialise an industry estimated to be worth at least $1.5 billion. The challenge for South Africa’s government and legal professionals is how to harness and regulate it. The Cannabis…

Judge Sustains Pharma. Developer’s Good Faith and Fair Dealing Suit | Law.com Page Printed From: https://www.law.com/2024/07/15/endlessly-delay-court-allows-generic-drug-companys-implied-breach-of-duty-to-proceed-against-partner/ NEWS A federal judge in Illinois is allowing a drug company’s lawsuit over the untimely development of drug medication to continue against pharmaceutical companies it had partnered with to develop medications. July 15, 2024…