Germany’s top court ruled Tuesday that a bond-buy program created by the European Central Bank (ECB) complies with German law. The unlimited bond-buying program was created at the height of Europe’s debt crisis. The program, called Outright Monetary Transaction , was created in September 2012 in order to save the Euro. The program itself has [...]

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The US Supreme Court upheld several provisions of the Leahy-Smith America Invents Act (AIA) on Monday. In Cuozzo Speed Technologies v. Lee the court heard arguments on whether the Patent Trial and Appeal Board decisions in challenges are under judicial review and whether the Board may construe claims in a challenged patent to their broadest [...]

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The US Supreme Court ruled Monday in Encino Motorcars v. Navarro that it could not rely on the Department of Labor’s (DOL) interpretation of a statute on overtime pay, sending the case back to the lower court. The issue in the case was whether “service advisors” at car dealerships are exempt from the Fair Labor [...]

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The US Supreme Court ruled 4-3 Monday in RJR Nabisco, Inc. v. The European Community for RJ Reynolds in a challenge by EU countries accusing the company of a money laundering scheme. The court found that the Racketeer Influenced and Corrupt Organizations Act (RICO) does not apply extraterritorially. Justice Samuel Alito delivered the opinion of [...]

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