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TOP NEWS
Analysis
ERISA Recap: 5 Litigation Developments From April
By Kellie Mejdrich
The U.S. Supreme Court turned down a bakery company's bid for review of a union multiemployer pension withdrawal bill, the Fourth Circuit held a bonus plan was exempt from federal benefits law, and the Sixth Circuit ruled federal law preempted Arkansas pharmacy benefit manager laws and regulations. Here's more on those and two other major decisions from April that benefits attorneys may want to know.
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POLICY & REGULATION
LITIGATION
BlackRock, State Street Push To Trim Red State AGs' Suit
By Katryna Perera
BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."
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Sandoz, Novartis Must Face Generics Claims From GM, Others
By Bryan Koenig
A Pennsylvania federal judge largely refused to let dozens of generic-drug makers duck stand-alone price-fixing and market allocation antitrust claims from major employers like General Motors, American Airlines and Lowe's, nixing allegations against a small handful while importantly preserving them against Novartis and its former Sandoz subsidiary.
Memorandum attached |
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LEGAL INDUSTRY
Analysis
High Court Clarity On Subpoenas Creates Murky Path For AGs
By Carla Baranauckas
The U.S. Supreme Court's unanimous decision that the New Jersey Attorney General's Office infringed free speech by asking an anti-abortion nonprofit to release donor names gives nonprofits and companies more leverage for challenging subpoenas at the outset, although the question remains if and how attorneys general and other enforcers can ultimately obtain sought-after information following a constitutional affront.
Opinion attached |
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