The Federal Trade Commission (FTC) issued its Made in USA Labeling Rule on August 13, 2021 (the “Rule”), which has led to significantly increased enforcement in the area. Since then, the FTC has taken actions to enforce the Rule against certain companies. Below is background on the Rule itself, links to enforcement actions taken by the FTC thus far, and key takeaways for companies that market and label their products as Made in USA.
Notable Litigation – March 2023
Notable litigation filed during March 2023 includes: (1) SEC v. Woodard; (2) SEC v. Kaplan; (3) James Bay Resources Limited, et al. v. Lockett & Horwitz, et al.; (4) Miklos v. McNamara, et al.; and (5) Scura, et al. v. Heppner, et al.
SEC v. Woodard, Civ. No. 1:23-cv-00112 (D.
Iowa Joins Data Privacy Vanguard
On March 29, 2023, Iowa became the latest in a small but growing number of states to enact comprehensive data privacy legislation. Like its counterpart laws in California, Connecticut, Colorado, Utah and Virginia, Iowa’s data privacy law – formally titled “An Act Relating to Consumer Data Protection, Providing Civil Penalties, and Including Effective Date Provisions” (“IDPL”) – provides a detailed framework regulating the collection and use of consumer personal data, and affords consumers various rights as to data collected about them. Fortunately, many of the requirements imposed by the IDPL, which goes into effect on January 1, 2025, are largely similar to those applicable in the other five states, and especially those in Connecticut, Colorado, Utah and Virginia.[1]
Healthcare & Life Sciences Private Equity Deal Tracker: Eir Partners Acquires Gifthealth
Eir Partners has acquired a majority stake in Gifthealth, according to a news release.
Gifthealth, based in Columbus, Ohio, is pharmacy software company. Founded in 2020, the company’s solution is designed to improve patient access to more affordable medications.
Eir, based in Miami, is a healthcare-focused private equity firm. Founded in 2015, Eir’s targeted…
How Increased Demand Is Driving Interest in Women’s Health Investing
The women’s health sector is a diverse subset of businesses covering multiple specialties, including fertility and ancillary services.
On this episode of The Professor’s Corner, McGuireWoods lawyer Kayla McCann Marty joins partner and host Geoff Cockrell to discuss women’s health investing — from models like de novo growth and acquisitions to regulatory compliance issues and…
Supply Chain and Logistics 101 for Retailers and Consumer Brands
In the wake of the COVID-19 pandemic, the supply chain crisis has evolved into a contentious issue that has captured the attention of both consumers and retail businesses. Specifically, there has been a significant emphasis on challenges related to international ocean transportation. Within the supply chain, ocean container transport plays a crucial role for retailers and consumer brand businesses. However, this aspect of the supply chain is characterized by a complex set of technical jargon, regulations, and fees that are imposed on companies importing and exporting goods to and from the United States, which can be both confusing and challenging.
DW Healthcare Closes New Fund With $210 Million
DW Healthcare Partners (DWHP) has announced the closing of DW Healthcare Partners Small Cap (“Founders Fund”).
The fund raised $210 million in total capital commitments and will be focused on lower middle market healthcare investments.
DWHP will invest from the new fund in companies with $3 million to $6 million in EBITDA. The fund currently has…
Healthcare & Life Sciences Private Equity Deal Tracker: Kohlberg Invests in United Digestive
Kohlberg & Company has completed a growth capital investment in United Digestive, according to a news release.
United Digestive, based in Atlanta, is a gastroenterology service provider with locations in Georgia, Florida, North Carolina and South Carolina. The company’s model consists of ambulatory surgery centers, ancillary services and professional services.
Kohlberg, based in…
Event Replay: Food and Product Labeling and Sale Practices Litigation and Regulatory Update – March Radness Edition
In case you missed our March 23 webinar on regulatory and litigation developments facing the product manufacturing, food and beverage, and retail industries, a recording of the webinar and a copy of the presentation materials are now available.
If you are interested in learning more about any of the related topics covered during the…
Another Judicial Reminder for Policyholders to Carefully Review Policy Language and Provide Timely Notice of a “Claim”
Insurance policies invariably require insureds to submit timely written notice of a “Claim” made by third parties to obtain coverage from the insurer. A recent decision from the United States District Court for the Southern District of New York is yet another reminder that insureds need to closely analyze what constitutes a “Claim” under their policies in order to comply with the timely notice requirement.