Search Results for keywords:"damages limitation"

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Search Results: keywords:"damages limitation"

  • Type:Notice
    Citation:89 FR 95238
    Reading Time:about a minute or two

    The notice announces that on October 1, 2024, the Countering Weapons of Mass Destruction (CWMD) group updated its membership details by adding several new companies. This update was filed with the Attorney General and Federal Trade Commission under the National Cooperative Research and Production Act to potentially limit damages in antitrust lawsuits. The group plans to continue accepting new members and will disclose further changes as they occur. The Justice Department had previously published similar updates in the Federal Register, with the most recent one on September 26, 2024.

    Simple Explanation

    The notice is about a group that is working to stop bad things like dangerous weapons, and they added new companies to help them. They told the government so they can all work together safely and follow the rules.

  • Type:Notice
    Citation:90 FR 8302
    Reading Time:about a minute or two

    UHD Alliance, Inc. filed notifications with the Attorney General and the Federal Trade Commission on December 3, 2024, about a membership change in their group research project under the National Cooperative Research and Production Act of 1993. They announced that Valerion Technology USA Co., Ltd. from Denver, CO has joined as a new member. The notifications aim to apply the Act's provisions that limit the damages antitrust plaintiffs can recover. The membership in the research project is open, and UHD Alliance will continue to report further membership changes.

    Simple Explanation

    UHD Alliance, a group that works on special tech projects, told some government folks they have a new friend in their team, a company called Valerion from Denver, that's helping with the cool research. Doing this keeps their project safe from certain big-money problems in case anyone sues them.