Off-Label Marketing of Drugs and Medical Devices
June 28, 2007
Policing the marketing of drugs and devices was once primarily the preserve of the Food and Drug Administration (FDA), which focused on misleading labels and outright quackery. No longer. Nowadays, many federal investigations, worked jointly by the FDA, Department of Justice (DOJ) and Health and Human Services (HHS), are fueled by the enormous financial recoveries that can be won from manufacturers accused of illegally promoting FDA-approved drugs or devices, bearing an FDA-approved label, for uses not approved by the FDA ('off-label' uses).
Policing the Internet
June 28, 2007
The rise of the Internet as a major place of commerce has been both a curse and a boon to owners of brands and other intellectual property. Online business sales are booming, but so are the sales of fake goods and pirated software. Though estimates of the size of the problem vary, all agree it's big. As a result, Internet policing has become a major cost of doing business for many companies.
Redemption Payments Salvaged Prior to the Collapse of Ponzi Schemes
June 27, 2007
What can be worse than crushed expectations? Consider the following: An investor's money was invested with a hedge fund that turned out to be a Ponzi scheme. In a stroke of luck, the investor avoided a huge loss by redeeming his investment and gains prior to the collapse of the crooked company. Now, the trustee of the bankrupt hedge fund wants the money back, claiming that the transfer was fraudulent under ' 548 of the Bankruptcy Code and the N.Y. Fraudulent Conveyance law (New York Debtor & Creditor Law '' 271-276). Is there a quick way out of this nightmarish scenario? No, according to <i>Bayou Superfund LLC v. WAM Long/Short Fund II. L.P. et al. (In re Bayou Group, LLC)</i>, 2007 WL 582530 (Bankr.S.D.N.Y.)
Prime Brokers, Take Note
June 27, 2007
A recent decision issued by the Bankruptcy Court for the Southern District of New York (the 'Bankruptcy Court') in <i>Gredd v. Bear, Stearns Securities Corp. (In re Manhattan Inv. Fund Ltd.)</i>, 2007 WL 60843 (Bankr. S.D.N.Y. Jan. 9, 2007) represents a significant event for securities firms, with potentially far-reaching implications for prime brokers.
e-Commerce for Credit Managers
June 26, 2007
Collecting bills from firms that exist only on a computer server and monitors is becoming as much a part of Main Street in the 21st century as selling to the corner store was in the19th, and as selling to the mall store was in the 20th century. Suppliers to e-commerce firms, whether of inventory for resale online, or of servers or other equipment used in operations, must be paid, or they will cut off credit or sell only C.O.D.
Finding the Right CRM
June 26, 2007
One of my most daunting tasks as the firm's first marketing director was how to tap into the attorneys' 'knowledge base' of clients and contacts. To put it simply ' nobody could decipher who knew whom. E-mails would fly around asking if anyone knew an attorney in California, or an employee at ABC Corporation. The e-mails were cumbersome and often sent at the last minute. Each attorney's contacts were essentially islands for which we needed a way to bridge. The conclusion we arrived at was that we needed a CRM system for the firm.
Another Choice of PDF Converter
June 26, 2007
Effectively managing, sharing and securing information can help corporate legal departments and individual law firms reduce administrative costs, protect case records and improve levels of customer service. Improperly managed, case information creates unnecessary risks, and is a huge drain on productivity as employees are forced to sift through an ever-increasing number of documents to (hopefully) locate the critical information they need to do their jobs.
e-Commerce Continues to Grow
June 26, 2007
The economy racked up another apparent e-commerce activity record in the first quarter, the U.S. Census Bureau reports. The government says that e-commerce sales, which include Internet and other electronically conducted transactions, rang up at a little more than $31.5 billion from January through March, plus or minus a 1.3% margin of error.
62507
June 25, 2007
The Lawyer's Field Guide to Effective Business DevelopmentJuly 19, 200712 - 2pm Eastern time
Jaffe
June 20, 2007
Best Practices for Writing Proposals, Biographies and Group DescriptionsJaffe Client SpecialJuly 26, 200712:00PM - 2:00PM Eastern Time