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November 13, 2012
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Legal News in Brief

  Corporate Spotlight 
  • Apple, HTC reach 10-year deal, end patent war
    Apple and rival HTC have buried the hatchet with a 10-year global cross-licensing patent deal, the first such settlement reached between Apple and an Android wireless-device manufacturer. Analysts wonder whether the agreement signals a wholesale softening of Apple's aggressive patent policy, noting that Apple's legal fight with Samsung Electronics involves more valuable technology than the HTC patents. The deal will guarantee that HTC will be able to import its smartphones into the U.S. and will relieve the Taiwanese vendor of costly legal battles, but analysts say HTC's plunging global smartphone market share points to problems beyond patent issues. Bloomberg (11/12), Network World/IDG News Service (11/12), The New York Times (tiered subscription model) (11/11) LinkedInFacebookTwitterEmail this Story
  • Computer failure halts some NYSE trading
    A computer failure forced the New York Stock Exchange to suspend trading of 216 securities and cancel their closing auctions. Trading of the affected stocks, which included JPMorgan Chase, U.S. Steel and Travelers, continued on other exchanges. An NYSE Euronext spokesman said trading appeared to be disrupted by a "software programming issue related to the individual server for these 216 symbols." Bloomberg (11/12), Forbes (11/12) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  • Obama invites Boehner, Reid to White House for "fiscal cliff" talks
    President Barack Obama has invited congressional leaders from both parties to the White House for talks on how to avoid $607 billion in automatic spending cuts and tax hikes set to take effect at the beginning of next year. House Majority Leader John Boehner, R-Ohio, has said he favors an overhaul of the tax code to generate revenue rather than raising tax rates. "I don't want to limit the options that would be available to me or limit the options that would be available to the White House," he said. "There are a lot of ways to get there." San Francisco Chronicle/Bloomberg (11/9) LinkedInFacebookTwitterEmail this Story
  Employment Focus 
  • LGBT groups to press Obama on executive order
    Gay-rights groups say they plan to push President Barack Obama to sign an executive order that bans discrimination against gay and transgendered Americans by federal contractors. The groups say the executive order would be a step toward making LGBT bias illegal in the workplace. The Hill (11/11) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  • Other News
  Other Legal News 
  • What does U.S. patent reform mean for businesses?
    The enacting of U.S. patent-law legislation means the U.S., like other nations, now observes a first-to-file system, writes Smart Business. This means companies that fail to act quickly will suffer, says attorney Sarah S. Brooks. "Have a patent attorney lined up and have someone monitoring the technical department so your company can file right away. This might involve restructuring the company's reporting chain," she advises. Smart Business/Orange County, Calif. (11/2012) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • Do you manage everything well except your own career?
    Neglecting your own career can bring about the same consequences as failing to properly manage an employee, Dorothy Tannahill-Moran writes. To keep your career on track, set goals, make necessary adjustments and get feedback to "help reinforce your progress and help you know where you need to do things differently to stay on course," she writes. (11/11) LinkedInFacebookTwitterEmail this Story
  • Networks need regular care to thrive
    Don't stop networking once you get a job; you always want to be prepared for an unexpected job loss or a career advancement opportunity, experts say. "You want to be a contributing member of your talent community online," says Miriam Salpeter, a career coach. "This means maintaining a regular discourse. You don't want to stop since you'll quickly be out of sight and out of mind." The Wall Street Journal (11/11) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • Free Audio Briefing Tackles Hurricane Sandy
    Businesses and their insurers must respond to real property losses from Hurricane Sandy, as well as direct and contingent business interruption losses from facility closures, interruption in supply chains, disruption of transportation systems and other considerations. The free Nov. 14 audio briefing Hurricane Sandy: Insurance Considerations for Commercial Insurers and Businesses will cover key legal issues in insurance for such losses. LinkedInFacebookTwitterEmail this Story
  • Future Uncertain for Forum Selection Provisions
    Since 2010, when the Delaware Chancery implicitly endorsed the ability of a Delaware company to use forum selection provisions, Delaware companies have been increasingly adopting exclusive provisions requiring that shareholder class action and derivative suits be filed in a single court. PLI's Securities Law Practice Center features a new article from Sullivan & Cromwell's Frank Aquila discussing these controversial provisions. LinkedInFacebookTwitterEmail this Story
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For the happiest life, rigorously plan your days, leave your nights open to chance."
--Mignon McLaughlin,
American author and journalist

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