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MOVE Sectors Newsletter | February 2024

Hogan Lovell’s MOVE team presents the new edition of its quarterly newsletter: Covering the latest news, events, achievements, and more from our global Aerospace and Defense sector,...

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Pietrasik v. Kraus Hamdani Aerospace: Despite Plaintiff’s “Rancor,” Delaware Court Grants 220 Demand

After a de novo review of the record following a Magistrate in Chancery’s final report, Vice Chancellor Fioravanti of the Delaware Court of Chancery declined to accept the...

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U.S. Dept. of Commerce proposes new “Know Your Customer” rules for cloud services and AI training

The U.S. Department of Commerce (Commerce) issued a notice of proposed rulemaking (NPRM) aimed at reducing the risk of malicious foreign interference in U.S. cloud services and threat...

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New FTC plan for a possible government shutdown would shut down reportable mergers and acquisitions

In late January 2024, the Federal Trade Commission (“FTC”) released an updated operating plan in the event Congress does not pass a funding bill and the government shuts down....

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United Kingdom to withdraw from the Energy Charter Treaty

On 22 February 2024, the Government of the United Kingdom (UK) announced that the UK would withdraw from the Energy Charter Treaty (ECT) after a recent failed attempt to modernise its text.

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GDPR fines: German court specifies requirements for fine notices in light of ECJ case-law

Following the European Court of Justice’s (“ECJ”) landmark judgement of 5 December 2023 (case no. C-807/21), the Higher Regional Court of Berlin specified the requirements ...

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Device makers must verify third-party lab data, FDA warns

On Tuesday, the U.S. Food and Drug Administration (FDA) issued a letter warning medical device manufacturers and sponsors of device studies to carefully evaluate the third parties that they ...

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Segway, Inc. v. Cai – Delaware Chancery Court reaffirms Caremark bad faith requirement

In Segway, Inc. v. Cai, the Delaware Court of Chancery dismissed a breach of fiduciary duty claim for failure to allege “sufficient facts to support a reasonable inference that the...

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Poland: The DPA publishes a new plan for sectoral investigations

The Polish Personal Data Protection Office has recently published a plan for sectoral investigations for 2024, which covers both public institutions and private entities. The plan is a...

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