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February 15, 2022
On January 3, 2022, the Delaware Chancery Court declined to dismiss breach of fiduciary duty claims in In re MultiPlan Stockholders Litigation against a SPAC sponsor and its board of directors in connection...
February 15, 2022
In June 2020, California lawmakers passed legislation that limited use of net operating losses (NOLs) for California taxpayers with net business income of $1 million or more for the tax years 2020, 2021, and 2022. In addition, the amount of business tax credits that could be used in a year to offset California tax was limited to $5 million for the same tax years. (See related Wilson Sonsini…
February 14, 2022
A magistrate judge in the Western District of New York recently recommended dismissing the putative class action Tassmer et al v. Professional Business Systems...
February 14, 2022
The Illinois Biometric Information Privacy Act ("BIPA") provides a cause of action to a person who believes their biometric information is obtained or disclosed without an individual's consent.
February 11, 2022
On January 26, 2022, the Georgia General Assembly introduced a bill titled the Georgia Computer Data Privacy Act (GCDPA). Despite its title, the GCDPA is not a "computer"-focused bill.
February 11, 2022
San Francisco’s Lieff, Cabraser, Heimann & Bernstein has hit a brick wall in its bid to set aside a sanction imposed by a federal judge in Boston who found that the law firm had misrepresented class counsel’s reasonable fee percentage from a $300 million settlement against State Street Bank. On Feb. 9, a panel of ...
February 11, 2022
SunPower agreed to pay $4.75 million to resolve claims that it sold solar panels with defective microinverters.
February 10, 2022
Two automakers accounted for more than 13 million recalled vehicles between them
February 10, 2022
Two automakers accounted for more than 13 million recalled vehicles between them
February 10, 2022
Two automakers accounted for more than 13 million recalled vehicles between them