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January 06, 2015 | Law.com

Love Him or Not, Ackman Now Runs Top Hedge Fund

William Ackman is on top of the hedge-fund world. Thanks in part to his move on Allergan, the maker of Botox, Pershing Square International posted a return of 32.8 percent for the first 10 months of 2014, making it the No. 1 fund in Bloomberg Markets' annual ranking of the best-performing large hedge funds.
4 minute read
December 16, 2014 | Insurance Coverage Law Center

J.C. Penney Life Ins. Co. v. Pilosi

Click Here for FC&S Legal Expert Analysis J.C. Penney Life Ins. Co. v. Pilosi393 F.3d 356United States Court of Appeals,Third Circuit.J.C. PENNEY…
38 minute read
July 07, 2014 |

J.C. Penney, Macy's Brace for Appeals in Licensing Dispute

J.C. Penney isn't the only party planning to appeal a June 16 ruling by a Manhattan state judge that found the Texas-based retailer unlawfully interfered with an exclusive agreement between Macy's and Martha Stewart Living Omnimedia to sell the licenser's branded merchandise in its stores.
4 minute read
June 17, 2014 |

Penney's Interfered With Macy/Stewart Deal, Judge Says

J.C. Penney intentionally induced Martha Stewart Living Omnimedia to breach certain terms of its exclusive licensing and promotion agreement with Macy's when it inked a deal to sell Stewart's branded line of household wares in its own stores, a Manhattan judge has ruled.
4 minute read
June 12, 2014 | Insurance Coverage Law Center

Hutchinson v. J.C. Penny Ins. Co.

 HUTCHINSON, APPELLANT AND CROSS-APPELLEE, v. J. C. PENNEY CASUALTY INSURANCE COMPANY, APPELLEE AND CROSS-APPELLANT478 N.E.2d 1000Supreme Court of…
13 minute read
Law Journal Press | Digital Book Representing High-Tech Companies Authors: Gary M. Lawrence, Carl Baranowski View this Book

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May 19, 2014 |

Guidelines on Dealing With Suspected Shoplifters

Steven M. Christman and Jillian M. Mark write: Within the past few years, the media has paid particular attention to merchants' treatment of suspected shoplifters. This comes in the wake of an uptick in so-called "flash mobs" of teenage shoplifters, and of accusations of retail outlets engaging in so-called "consumer racial profiling." Although these are extreme examples, there is undoubtedly some confusion about the rights of a merchant who suspects a customer of shoplifting, and the rights of a consumer who is detained or questioned on such suspicions.
10 minute read
January 23, 2014 |

Boardroom Confidentiality Under Focus

In their Corporate Governance column, David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write: The current cultural emphasis on transparency and disclosure has contributed to an atmosphere in which sensitive corporate information is increasingly difficult to protect. There is limited statutory or case law to guide boards and directors in this area, and there exists a range of opinions among market participants and media commentators as to whether leaking information is problematic at all.
17 minute read
December 06, 2013 |

J.C. Penney Discloses SEC Inquiry Into Finances, Offering

J.C. Penney disclosed that the U.S. Securities and Exchange Commission asked for information about the retailer's finances, including a stock sale in September that it's using to fund an attempted turnaround.
3 minute read
November 08, 2013 |

J.C. Penney Key Sales Metric Rises In October

J.C. Penney said a key sales barometer rose in October for the first time in nearly two years, a sign shoppers are returning to the store brands that have been brought back to its shelves.
1 minute read
December 07, 2011 |

JC Penney buying stake in Martha Stewart Living

J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million, the latest move by the department store to revive its brand.
2 minute read

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