A federal jury decided in favor of Amgen on March 16 in a lawsuit filed against Regeneron Pharmaceuticals and Sanofi for violating patents on a cholesterol reducing drug. In October 2014, Thousand Oaks-based Amgen sued Paris-based Sanofi and Tarrytown, N.Y.-based Regeneron for violating patents on its cholesterol reducing drug Repatha. Sanofi and Regeneron co-developed Praluent Read More →
Wells Fargo is suing San Luis Obispo County-based winemaker and well-known entrepreneur Christopher J. Conway for an alleged $12.86 million unpaid loan. The bank is suing the owners of the Rancho Arroyo Grande ranch and vineyard, which is spread over nearly 3,500 acres at 591 Hi Mountain Road east of Arroyo Grande. Rancho Arroyo Grande Read More →
A U.S. District Court ordered Plains All American Pipeline to stop misleading claimants seeking to recover interim damages from the Refugio oil spill and invalidate releases that preclude them from joining the class-action lawsuit and recouping further compensation. “The Court finds that Defendants are engaged in misleading conduct by using the OPA claims process — Read More →
Entrepreneurs know that businesses are like children. You know they will leave you at some point in the future, but you really don’t want to think about it. Small-business entrepreneurs who think of a business as their favorite child too often avoid the important task of exit planning. It is never too early to plan Read More →
Coldwell Banker is suing a former employee for allegedly stealing the company’s trade secrets. The residential real estate brokerage company is going after John Nisbet, who left Coldwell Banker’s Santa Barbara office to work for the rapidly expanding residential real estate firm Compass. Coldwell Banker is accusing Nisbet of stealing confidential data, including market data, Read More →
By Lisa Spiwak Arbitration has become very popular as an alternative dispute resolution to the traditional court system. Arbitration’s popularity stems from the fact that it is a way to resolve legal disputes outside of the courts in a faster, cheaper and more flexible manner. Arbitration awards are completely binding on the parties and those Read More →
A flurry of new laws went into effect at the start of the New Year, but the one that likely will have the biggest impact on tri-county employers has been long expected. California’s minimum wage was raised to $10 an hour on Jan. 1, which has some businesses rethinking strategies. While proponents argue that higher Read More →