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| Products Liability |
The Consumer Product Safety Commissions Refines its Reporting Requirements to Provide Further Guidance to Makers and Distributors of Consumer Products - 12/01/06
Tort Litigation & Environmental
December 1, 2006
William V. Custer
Adwoa Ghartey-Tagoe Seymour
With the threat of hefty fines, companies have been hesitant to report potential product hazards to the CPSC because many have simply been unclear as to when a potential product hazard necessitates a reporting obligation. Less than six months ago the CPSC refined its reporting requirements to provide further guidance to makers and distributors of consumer products.
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Georgia Legislature Approves Amendments to Georgia Corporation Code - 04/03/06
Business & Finance and Securities & Corporate Litigation
April 3, 2006
Thomas R. McNeill
Thomas S. Richey
Louis C. Spelios
Last week, the Georgia Legislature approved Senate Bill 469, a bill which affects how Georgia corporations conduct their affairs by modernizing the Georgia Corporate Code. Specifically, the bill contains provisions which relate to: the approval process for corporate transactions; the advancement of expenses to persons entitled to indemnification as corporate directors and officers, as well as the obligation of a corporation to indemnify; proceedings during bankruptcy; and the process by which corporations, limited liability companies, and partnerships, may elect another legal form. The bill is awaiting signature by Georgia Governor Sonny Perdue.
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Diagnostic Products Corp. and Chinese Subsidiary Agree to Fines for Violating the FCPA - 5/30/05
Foreign Corrupt Practices Act Client Alert
May 30, 2005
William Steinman
On May 20, 2005, Diagnostic Products Corp. ("DPC") and a wholly-owned Chinese subsidiary reached an agreement with the U.S. Securities and Exchange Commission (the "SEC") to settle a probe of alleged violations of the Foreign Corrupt Practices Act (the "FCPA"), and agreed to pay disgorgement of $2,038,727 and prejudgment interest in the amount of $749,895.
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Consumer Product Safety Commission Issues Largest Fines in History of Agency - 04/20/05
Products Liability Law
April 20, 2005
William V. Custer
New Initiative To Bring Product Sellers Into Compliance
With Reporting Obligations
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