When CAN a company cancel a purchase because the target’s business took a sharp downturn BEFORE the deal closed? That is the question in front of the Delaware Supreme Court right now as it decides the fate of Akorn, Inc. which was sold to German drugmaker Fresenius SE—and then the deal was scrapped. “Since it’s […]
Most people know that non-profit organizations like churches play a valuable role in society and thus do not pay taxes like an ordinary business would. But in the recent case of Valley Baptist Church v. Marin County, that protected status was recently challenged and the church came out on top. The city of San […]
The internet. It’s everywhere and nowhere these days. We can pull information from a variety of devices (even coffee makers and toasters) and find out pretty much anything we want to know, which is pretty amazing when you think about it. But within hours of California governor Jerry Brown signing a sweeping net neutrality bill […]
Federal representatives recently surprised the staff of Silicon Valley e-cig startup Juul by showing up unannounced to its headquarters in San Francisco. During the visit to the five-story warehouse in the city’s industrial Dogpatch neighborhood, Food and Drug Administration employees seized “thousands of pages of documents,” CNBC reported on Tuesday. The agency is currently in […]