The story is enough to make any corporate executive (and her counsel) lose sleep. A company’s crown jewel and biggest international success story—the one held up to investors as a testament of competitive prowess—is now said to be the product of nothing less than systematic bribery and corruption. This is a situation that executives at Wal-Mart faced with respect to the company’s largest foreign subsidiary, Wal-Mart de Mexico. As first reported by the New York Times, employees at Wal-Mart de Mexico allegedly paid over $24 million in bribes to various Mexican officials to secure permits, silence environmental objections, and change zoning maps—all to fuel unprecedented growth in the region. If true, the allegations suggest that bribery, and not just business savvy, is why twenty percent of Wal-Mart stores are located in Mexico, as well as why the company is Mexico’s largest private employer.
Professor Hovenkamp recently released his analysis of the Supreme Court's decision in Brulotte v.
The 2015 spring semester’s May-intersession at the University of Iowa College of Law saw the return of the International Intellectual Property Law course.
The 1984 Drug Price Competition and Patent Term Restoration Act, also known as the Hatch-Waxman Act, paved the way for the modern generic-drug market by creating a mechanism for brand-name drug manufacturers and their generic competitors to resolve patent disputes before the generic versions reach the market.
During the Fall 2015 semester, the law school will offer a substantial number of courses dealing with intellectual property, competition, and corporate law, including the first of two Innovation, Business, & Law Colloquia.
Friday September 4, 2015