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Schiff Hardin LLP acted as counsel to the placement agent in Senmiao Technology Limited’s registered direct offering of more than five million shares of common stock at $1.38 per share for aggregate gross proceeds of $7 million.
The Consumer Financial Protection Bureau (CFPB) has proposed new rules that would largely ban the use of “no class action” arbitration provisions in consumer financial products and services agreements. 81 Fed. Reg. 32,830-01 (May 24, 2016).
Last week, a federal jury in Northern California found that Fiat Chrysler’s U.S. entity did not violate Robinson-Patman’s prohibition on price discrimination with its dealer incentive programs.
Antitrust law has always been concerned about certain types of collaboration among competitors – but it has at times acknowledged that benchmarking, joint ventures, and information exchanges can promote competition if done properly.
Late last week, the New Jersey federal court dismissed with prejudice a case where a customer challenged under the antitrust laws a car manufacturer’s requirement that he agree not to export a Jaguar Land Rover shortly after buying it.
Schiff Hardin Employment Law Landscape
Schiff Hardin Product Liability & Mass Torts Blog
Federal Rule of Civil Procedure 23(f) provides that a party seeking permission to appeal an order granting or denying class certification must file the petition within 14 days of the district court order.
Schiff Hardin Energy & Environmental Law Adviser