FTC Commissioner Christine Wilson, the Lone Dissenting Voice on the FTC’s Proposed Noncompete Ban, Resigns

FTC Commissioner Christine Wilson, published an Op-Ed in the Wall Street Journal today in which she announced her resignation from the FTC and explained her reasoning. Readers may recall that Commissioner Wilson was the lone dissenting voice on the FTC’s proposed banning rule non-competes nationwide.

In the Op-Ed, Commissioner Wilson says that her decision to resign arose out of FTC Chair Lina Khan’s “disregard for the rule of law and due process and the way senior FTC officials enable her,” concluding with: “I refuse to give their endeavor any further hint of legitimacy by remaining” at the Commission. Relevant to …

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Trade Secrets Litigation: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Trade Secrets Litigation,” co-authored by our colleague Peter A. Steinmeyer.

Following is an excerpt (see below to download the full article in PDF format):

Trade secrets are often an employer’s most valuable assets. When an employee or former employee misappropriates an employer’s trade secrets, the employer frequently initiates litigation with several goals in mind, including:

  • Preventing further unauthorized use or disclosure of its trade secrets.
  • Recovering the trade secrets.
  • Obtaining damages.

This Practice Note discusses trade secrets litigation. In particular, it addresses:

  • Preliminary steps to consider, such as sending a
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White & Case settles with SPAC after derailed $480 mln deal

  • White & Case and Colonnade Acquisition Corp II have “amically resolved” disputes, the filing says
  • Law firm sued for more than $8.2 million in legal fees

(Reuters) – Law firm White & Case has quickly ended a lawsuit seeking legal fees from a special purpose acquisition company whose plans for a $480 million merger fizzled.

White & Case, which last week sued former SPAC client Colonnade Acquisition Corp II and its directors in New York state court for more than $8.2 million, said in a Friday filing the parties “have amicably resolved their disputes.”

The claims are “voluntarily discontinued with

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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Berkshire Grey, Inc. and Encourages Investors with Losses to Contact the Firm – Berkshire Gray (NASDAQ:BGRY)

The Schall Law Firm, a national shareholder rights litigation firm, announced that it is investigating claims on behalf of investors in Berkshire Grey, Inc. (“Berkshire Grey” or “the Company”) BGRY for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company’s agreement to be acquired by SoftBank Group Corp. and its affiliate (“SoftBank”).

The investigation focuses on determining if the Berkshire Gray Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether SoftBank is underpaying for the Company.

If you are a shareholder, click here to

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