When India's Supreme Court ruled that Novartis AG's cancer drug Gleevec was not sufficiently innovative to merit a patent, the decision revolved around a practice the pharmaceutical industry refers to as "life-cycle management" and which public health advocates call "evergreening."
The recent financial chaos in Cyprus underscores the exotic world of offshore accounts and holding companies, tax havens, and the risk of money laundering.
One thing companies in an M&A state of mind should know about anticorruption due diligence is this: government enforcement agencies really, really like it.
When foreign investments go south, companies may have the ability to seek relief under bilateral investment treaties, agreements between two countries that establish terms and conditions for businesses to invest their capital in each country, and typically offer a number of guaranteed protections.
Documents from the investigation into the Wal-Mart Stores Inc. Mexico bribery scandal are reminders to in-house counsel that they must keep close tabs on their company's foreign subsidiaries.
The international scope of energy transactions commonly leads parties to incorporate arbitration as their method of dispute resolution. When the arbitration concludes, the award does not always lead to final resolution.
The late Venezuelan president posed as the mad dog of the Americas, but the record shows he was a man you could do business with.
Concert promoter Live Nation has sued syndicates of insurer Lloyd's of London for their "despicable conduct" in refusing to cover losses stemming from a performance by Lady Gaga in Indonesia that was canceled last year after the pop star received threats from an Islamic terrorist group.
India's patent appeals board ruled that a domestic generic drug maker could continue to make and sell a low-priced copy of Nexavar, a cancer medication patented by Bayer AG.
Clean tech is new: solar, wind, biofuels, water purification. And yet the industry runs the very ordinary risk of getting bogged down in the oldest business challenge of all: corruption.
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