Campbellsoup
Andy Warhol’s 100 Cans (1962).

Campbell Soup today won affirmance of a post-trial judgment in a case arising out of Campbell’s 1998 spin-off of its Vlasic Foods subsidiary.  The plaintiff, the successor to Vlasic Foods, alleged that Campbell made a constructively fraudulent transfer and knowingly participated in a breach of fiduciary duty by loading Vlasic

The Federal Circuit today modified its test for jurisdiction to hear cases that seek declaratory judgments of patent invalidity or non-infringement.  The court noted that the U.S. Supreme Court, in MedImmune, Inc. v. Genentech, Inc., 127 S.Ct. 764 (2007), expressly rejected the Federal Circuit’s "reasonable-apprehension-of-imminent-suit" test in favor of an "under all the circumstances"

Today, the D.C. Circuit invalidated an exemption that the Securities and Exchange Commission granted by rule to securities brokers and dealers from the Investment Advisors Act.  The IAA itself exempts broker-dealers only to the extent that they give advice "solely incidental to [their] business as a broker or dealer" and "receive[] no special compensation therefor." 

Today, the Second Circuit upheld a district court’s refusal to dismiss claims to recover more than $100 million that once belonged to two Yugoslavian banks operating in New York. 

After civil unrest roiled former Yugoslavia, the U.S. government responded in 1992 by freezing the banks’ assets.  A decade later, and with federal permission, the New