Partner Jeffrey Soble published a Practice Note in Thomson Reuters’ Practical Law. The piece, “Preempting and Mitigating Product Liability Claims,” discusses the steps that product manufacturers can take to avoid or mitigate consumer and other product liability claims. The note gives a basic overview of the nature and types of product liability claims and describes the various benefits a company can receive by avoiding these claims. This note explains the elements of an effective product safety program, supplier due diligence and product warranties, and explains key contractual risk allocation provisions to be included in supply contracts. It also describes important steps a party can take to help defend itself against a potential claim, including regarding document retention, insurance and retaining expert consultants.
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09 December 2024
Events
Navigating the Complex Landscape of Cybersecurity and Data Privacy in the Timeshare Industry
Aaron Tantleff (Partner, Chicago) will be joining the American Resort Development Association (ARDA) for their webinar, “Navigating the Complex Landscape of Cybersecurity and Data Privacy in the Timeshare Industry.”
22 November 2024
Foley Viewpoints
DOJ’s Antitrust Division Says Compliance Programs Must be Updated to Address Changing Technology
In November 2024, the U.S. Department of Justice Antitrust Division updated its guidance on how it will evaluate Corporate Compliance Programs when conducting criminal antitrust investigations.
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Foley Viewpoints
Defined Benefit Pension Plans’ Annual Funding Notices Will Look Different in 2025
Most SECURE 2.0 articles focus on the changes applicable to defined contribution plans, such as 401(k) plans, and rightly so, since those plans were the most impacted by the law.