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Safety on the Hill: Prospects for CPSC Overhaul in the 117th Congress

Schiff Hardin Product Liability & Mass Torts Blog

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RICO and Prohibition Walk Into a Bar – The Ironic Application of Racketeering Law to Legal Cannabis

A potent federal statute designed to take down organized crime looms large over the legal cannabis industry. The Racketeer-Influenced and Corrupt Organizations Act (RICO) was enacted in the 1970s to fight the mob with a declared purpose to “seek eradication of organized crime in the United States.”

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Four Considerations When Entering Into a 50/50 Business Relationship

Unlike businesses with a single controlling owner or several owners, a 50/50 business by its very nature is ripe for disagreement between its owners. Owners of a 50/50 business will need to proactively consider how to handle disagreements when setting up their business venture and drafting their operating agreement, shareholders agreement, or partnership agreement.

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Attorney-Client Privilege in Ownership Disputes: Illinois Corporations and Other Jurisdictions

This post explains the rules that apply to Illinois corporations and business entities organized in other jurisdictions.

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Attorney-Client Privilege in Illinois Ownership Disputes: Protecting Privileged Documents

This post explains steps that Illinois LLCs and their majority members can take to protect otherwise privileged communications from disclosure to minority members in advance of and during litigation.

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Attorney-Client Privilege in Illinois Ownership Disputes: Accessing Privileged Documents

Business divorces are often messy. Those who individually or collectively control a private business sometimes seek to force out owners of non-controlling shares.

Blog Post
Blog Post

Lingering Uncertainties Facing the CPSC: Election Contingency Plans

Schiff Hardin Product Liability & Mass Torts Blog

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Blog Post

Retooling in the Midst of COVID-19: Statutory Protections for Manufacturers

Schiff Hardin Product Liability & Mass Torts Blog

Blog Post

EPA Finalizes Revised Effluent Limitation Guidelines for Power Plants

Schiff Hardin Energy & Environmental Law Adviser

Blog Post

Lingering Uncertainties Facing the CPSC: If Not Beck, Then Who?

Schiff Hardin Product Liability & Mass Torts Blog

Alert

SEC Amends Regulation S-K Disclosure Requirements Impacting Public Companies, Private Investors

On August 26, the U.S. Securities and Exchange Commission (SEC) adopted significant rule changes to Regulation S-K, including changes to risk factor disclosures by public reporting entities, which will impact public companies and private investors.

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SEC Expands Definitions of Accredited Investor and Qualified Institutional Buyer

On August 26, the U.S. Securities and Exchange Commission (SEC) adopted definitional changes that will impact private investors.

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Seventh Circuit Slams “Objector Blackmail” in Class Settlement, Orders Repayment of Side Deal

The U.S. Court of Appeals for the Seventh Circuit has ordered three class action objectors to repay $130,000 they received in a “side deal” in exchange for abandoning their appeal of a class settlement. Pearson v. Target Corp., No. 19-3095, ___ F.3d ___, 2020 WL 4519053 (7th Cir. Aug. 6, 2020).