Sakya Chaudhuri, Partner, HSA Advocates to Speak at the Knowledge Group's Emerging Issues in Reverse Payment Settlements
The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Sakya Chaudhuri, Partner, HSA Advocates will speak at the Knowledge Group's webcast entitled: "Emerging Issues in Reverse Payment Settlements: What You Need to Know in 2017 LIVE Webcast."
- (1888PressRelease) October 13, 2016 - This event is scheduled for December 6, 2016 from 12:00pm - 2:00pm (ET).
For further details, please visit:
https://www.theknowledgegroup.org/all-events-list/live-webcasts/event-homepage/?event_id=2192
About Sakya Chaudhuri
Sakya's focus areas of practice cover Regulatory, Arbitration, and Competition Law. Sakya has nearly two decades of experience handling litigation matters related to civil, commercial, constitutional, labor, revenue and company matters and has extensive exposure to arbitration. He advises and represents clients from various industry sectors as well as regulators such as the Forum of Indian Regulators, the Central Electricity Regulatory Commission and various State Electricity Regulatory Commissions on important legal and regulatory issues. He has advised clients on competition law issues in merger filings, investigations relating to cartels and anti-competitive conduct.
Sakya regularly advises and counsels some leading clients such as Tata Power, Mumbai International Airport, British Gas, Adani, Isolux among many others. He is also an "Advocate-on-record" with the Supreme Court of India. Previously, Sakya has worked closely with the antitrust team of a renowned international leading law firm on issues including merger control, cartel investigation, abuse of dominance, anti-competitive agreements and antitrust advisory to clients.
About HSA Advocates
Since the firm's inception in 2003, HSA Advocates (HSA) has consistently been recognized amongst one of India's foremost and trusted full service legal advisors to corporates, financial institutions, PE and VC funds, governments and public sector enterprises.
Led by a growing collegium of partners who are legal experts of great repute, the firm has a well-established full service capability to serve clients across multiple industries and sectors including Automotive, Aviation, Banks and Financial Institutions, Ecommerce, Education, Energy including Renewable Energy, Environment, Health and Safety, Hospitality and Healthcare, Infrastructure-urban and rural, Insurance, Manufacturing, Media and Entertainment, Mining and Exploration, Oil and Gas, Pharmaceuticals, PPP Projects, Real Estate, Retail and FMCG, Services Sector, Smart Cities, Transport, Telecommunication, IT and software.
Event Synopsis:
Reverse payment settlements, also known as pay-for-delay settlements, are among the most contested and fastest developing areas of antitrust law. Post-Actavis, courts continue to assess the degree to which reverse payments are allowed. In FTC v. AbbVie Inc., the District Court for the Eastern District of Pennsylvania dismissed FTC's antitrust actions against AbbVie Inc. and Teva Pharmaceuticals. The court held that the settlement agreement between the parties was not anti-competitive and did not contain a payment-to-delay competition. Conversely, the First Circuit held in In re: Loestrin 24 Fe Antitrust Litigation that non-cash reverse payments are also subject to antitrust scrutiny. Moreover, in March 2016, the FTC filed a complaint against Endo Pharmaceuticals Inc. and several other drug companies for allegedly using pay-for-delay settlements to block consumers' access to lower-cost generic versions of Opana ER and Lidoderm. This enforcement action is the first FTC case challenging a no-AG commitment as a form of reverse payment.
Following these recent FTC enforcement actions, the question remains as to how far the assessment of reverse payment settlements will extend.
In a two-hour LIVE Webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will discuss the emerging issues in reverse payment settlements. They will provide an in-depth discussion of recent case laws and FTC enforcement actions. Speakers will also give insights on how these will impact future reverse payment litigations.
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
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