You have just learned that a senior member of the company research and development team has resigned. The employee had access to important confidential information about your company’s product development, manufacturing process improvement, business strategy and other proprietary information. The departing employee did not identify his new destination, but you have no doubt that he is joining a key competitor. The company followed its standard protocol for departing key employees including to examine the employee’s electronic activity over the last 30 days. Unfortunately, the IT group discovered that the employee emailed several important reports, meeting minutes and strategy documents to his personal email account just before his departure. Continue reading this entry
How can American manufacturers bring claims against foreign cartels that fix prices of component parts? The answer became more clear last week. In a widely awaited opinion, Motorola Mobility LLC v. AU Optronics Corp, the United States Seventh Circuit Court of Appeals addressed which purchasers may pursue treble (triple) damage through private civil actions, under the Sherman Act, based on foreign price fixing. Governments from around the world, including the United States, filed amicus briefs in the case because of the decision’s potential far-reaching impact. Continue reading this entry
Last week, President Obama threatened to veto an agreement between Senate Democrats and House Republicans on a collection of tax breaks known as “tax extenders.” The deal would have been a huge win for manufacturing, because it would have extended or made permanent a number of tax breaks that directly benefit manufacturers. Now, the likely result is a one-year extension for incentives that lapsed in 2013. As a result of this breakdown in negotiations, 2014 may be manufacturers’ last chance to qualify for these valuable tax benefits. Continue reading this entry
During this week of Thanksgiving, the Manufacturing Industry Advisor team wishes to thank all of you for reading, contributing to, and sharing our blog. Since this is a busy time of year for everyone, some of you might have missed a post or two over the last few weeks. For your convenience, linked below are some of our most recent and popular posts. Enjoy reading and please have a safe and happy Thanksgiving!
Consumers increasingly pay a premium for environmentally friendly products. As a result, companies are expanding their green marketing claims regarding products and packaging. Those companies may find themselves under scrutiny from the regulatory body overseeing environmental claims related to products, the Federal Trade Commission (“FTC”). The FTC has become more aggressive in enforcing its green regulations. To avoid becoming the target of an FTC enforcement action, manufacturers should look to the “Green Guides,” which provide guidelines for environmental marketing claims. Continue reading this entry