Claims Dismissed in Insurer Class Action
Client Alert | less than 1 min read | 04.09.07
On April 9, 2007, Judge Garret E. Brown of the U.S. District Court for the District of New Jersey dismissed bid-rigging claims brought against Marsh & McLennan Cos. Inc. and several other insurance brokers and providers in a long-running, multidistrict class action lawsuit. The judge dismissed all of the plaintiffs' claims without prejudice, finding that they had not submitted enough evidence to prove that the alleged conspiracies between insurance companies and brokers were illegal. The plaintiffs alleged the defendants participated in broker-centered conspiracies that aimed to allocate customers and reduce competition. The plaintiffs alleged that the conspiracies date back to the mid-1990’s, when insurance brokers consolidated their markets.
Insights
Client Alert | 1 min read | 04.18.24
GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings
On March 15, 2024, the General Services Administration (GSA) issued Acquisition Letter MV-2024-01 providing guidance to GSA contracting officers on the use of upfront payments for acquisitions of cloud-based Software-as-a-Service (SaaS). Specifically, this acquisition letter clarifies that despite statutory prohibitions against the use of “advance” payments outside of narrowly-prescribed circumstances, upfront payments for SaaS licenses do not constitute an “advance” payment subject to these restrictions when made under the following conditions:
Client Alert | 4 min read | 04.18.24
Client Alert | 6 min read | 04.16.24
Navigating the AI Intellectual Property Maze - Key Points From Congressional Hearing
Client Alert | 5 min read | 04.15.24
Making the EU Courts More Efficient for Trade-Related Decisions
