Bloomberg writer Joel Rosenblatt reported today that, “Bayer AG settled thousands more U.S. lawsuits over its Roundup weed killer after criticism that the company was failing to uphold an $11 billion deal it announced in June to resolve the massive litigation. “The agreements, revealed in a court filing late Monday, are with lawyers representing consumers… Continue Reading
Author Archives: Keith Good
Bayer Has Settled Thousands More U.S. Lawsuits Over its Roundup Weed Killer
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Bayer Making Progress in Finalizing Roundup Settlement
Reuters writer Ludwig Burger reported last week that, “Bayer boss Werner Baumann’s contract has been extended until 2024, in a show of support from the drugmaker’s new chairman just months after the company agreed an $11 billion outline settlement of U.S. lawsuits over its Roundup weedkiller. “In a statement late Thursday [Sept. 10th], Bayer also… Continue Reading
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Rate of Start-ups Created in Austria Remains Low Compared to Other European Countries
Christina zur Nedden reported recently at The Financial Times Online that, “Austria, like Germany, has a deftness for creating highly specialised companies — often less well-known ‘hidden champions’ — that are also global leaders in their field, according to the agency charged with promoting investment in the country. “The Austrian Business Agency (ABA) paints a… Continue Reading
Posted in Start-up Company Law
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Tech Startup FBN Faces Pressure From Traditional Suppliers
Jacob Bunge reported recently at The Wall Street Journal Online that, “Inside a packed arena last December, 2,700 farmers sipped coffee from paper cups and listened to remarks on the Midwestern economy: incomes down, costs up and bankruptcies rising. “The speaker wasn’t a politician or an academic. He was Charles Baron, co-founder of Farmers Business… Continue Reading
Posted in Agriculture Law, Start-up Company Law
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USDA Reminds Farmers of September 30 Deadline to Update Safety-Net Program Crop Yields
An update yesterday from USDA’s Farm Service Agency (FSA) stated that, “[FSA] reminds farm owners that they have a one-time opportunity to update Price Loss Coverage (PLC) program yields for covered commodities on the farm. The deadline is September 30, 2020, to update yields, which are used to calculate the PLC payments for 2020 through… Continue Reading
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Synthetic Biology Startup Zymergen Inc. Raises $300 million
Bloomberg writer Sarah McBride reported today that, “Synthetic biology startup Zymergen Inc. has raised $300 million in a new funding round—a signal of investors’ confidence that biological science can be harnessed in novel ways to manufacture products. “The funding round was led by Baillie Gifford & Co., the U.K.-based funds giant, with participation from Baron Capital Inc. and a… Continue Reading
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Some Small Farms Selling Directly to Consumers Increase Sales During Pandemic
New York Times writers Ian Teh and Mike Ives reported this week that, “The setup of the two friends’ agricultural venture was unusual. Their farm sat next to a gas station, inside a shipping container where the plants grew in vertically stacked shelves. And the timing of their first sales — during the early days… Continue Reading
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U.S. Fish and Wildlife Service Will Not Designate Critical Habitat for Rusty Patched Bumblebee
Associated Press writer John Flesher reported yesterday that, “Federal regulators said Monday they would not designate critical habitat for the first bee species in the continental U.S. to be listed as endangered, a move that environmentalists said would worsen its chances for recovery. “The U.S. Fish and Wildlife Service said it had determined the rusty… Continue Reading
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Shortage of Ag Workers Leads to More Interest in Farm Robotics
Financial Times writer Emiko Terazono reported recently that, “The coronavirus pandemic and a shortage of agricultural workers has led to a spike in interest and investment in farm robotics and automation. “‘We have seen an enormous increase in interest and orders,’ said Pål Johan From, chief executive of Norway’s Saga Robotics. “Saga has received about… Continue Reading
Posted in Agriculture Law, Start-up Company Law
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Deadline Approaching for USDA’s Coronavirus Food Assistance Program
An update today from USDA’s Farm Service Agency (FSA) stated that, “[FSA] reminds farmers and ranchers that the deadline to apply for the Coronavirus Food Assistance Program (CFAP) is Sept. 11, 2020. This program provides direct relief to producers who faced price declines and additional marketing costs due to COVID-19. “‘FSA offers several options for… Continue Reading
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