Sat.Feb 01, 2020 - Fri.Feb 07, 2020

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I'm Begging You - Please Stop Giving Legal Advice To Customers

GDB Firm Blog

I feel silly writing this blog, but once again, I find myself facing a mess because a bank gave legal advice to a customer. This time, a friend and her three siblings own a Delaware limited liability company that owns four rental properties in New Jersey. Her mother, the manager of the LLC, died last September. When my friend tried to change the signature on the LLC account, the platform officer told her she had to file the LLC in New Jersey and sign a new beneficial ownership certification.

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BPCIA Scope Widens: 2020 Spending Bill Moves Chemically Synthesized Polypeptides to Biologic Status

Bio Law Blog

Buried in a 2020 spending bill passed in December 2019 is a provision that amends the definition of “Biological Product” in the Biologics Price Competition and Innovation Act of 2009 (BPCIA) and thereby expands the products that will be regulated as biologic medicines and litigated under the BPCIA. The BPCIA defined “Biological Product” as “a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein (excep