http://www.law360.com/ Latest articles for organization: O'Melveny & Myers Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135390 A federal appeals court has vacated a $6.2 million jury verdict against Century Indemnity Co. in an environmental cleanup suit, ruling that the district court’s all-sums approach and jury instruction were not necessarily accurate in light of recent determinations by Massachusetts’ highest court. http://www.law360.com/articles/135390 http://www.law360.com/articles/135155 Two Israeli businessmen suing SanDisk Corp. in the wake of an acquisition gone sour have accused the flash memory manufacturer of erasing computer data that should have been “central evidence” in the case. http://www.law360.com/articles/135155 http://www.law360.com/articles/135007 American Express Co. has inked a $300 million deal to acquire Internet payment company Revolution Money from Revolution LLC, the companies said Wednesday. http://www.law360.com/articles/135007 http://www.law360.com/articles/134370 Hong Kong-based Meadville Holdings Ltd. has agreed to sell off its printed circuit board business to TTM International Inc. for $521 million, a move that will create one of the largest PCB manufacturers in the world with combined 2008 annual sales of $1.35 billion. http://www.law360.com/articles/134370 http://www.law360.com/articles/134473 All law firms pride themselves on their legal skills, but a handful of firms — Baker Botts LLP, Foley & Lardner LLP, Jones Day and Kirkland & Ellis LLP — mark the cream of the crop in terms of deft lawyering, according to a new report. http://www.law360.com/articles/134473 http://www.law360.com/articles/134403 The judge overseeing multidistrict products liability litigation against Johnson & Johnson rejected a request to certify a nationwide class of patients who claim they suffered infections and other complications after undergoing surgical procedures that involved allegedly defective Panacryl sutures. http://www.law360.com/articles/134403 http://www.law360.com/articles/134216 A bankruptcy judge has signed off on a Chapter 11 liquidation plan for real estate-related securities investment firm 2008 Asset Holding Corp. that allows the company to pay back only 1 percent to 2 percent of its $112 million in debt. http://www.law360.com/articles/134216 http://www.law360.com/articles/134020 Funai Electric Co Ltd. has asked the U.S. International Trade Commission to bar Vizio Inc. and TPV International Inc. from presenting expert testimony on the validity of a Funai patent in a proceeding Funai brought against them to enforce an earlier exclusion order by the ITC. http://www.law360.com/articles/134020 http://www.law360.com/articles/133317 Both congressional intent and corporate pragmatism have been put under the microscope by the U.S. Supreme Court, as justices on Tuesday grilled attorneys in a dispute over how courts should weigh a corporation's headquarters when determining its principal place of business. http://www.law360.com/articles/133317 http://www.law360.com/articles/133503 The bankrupt Philadelphia Newspapers LLC has prevailed in an appeal seeking to bar its secured lenders from making credit bids on its assets — based on credit they already have extended to the Philadelphia Inquirer publisher — at the auction sale scheduled for next Monday. http://www.law360.com/articles/133503 http://www.law360.com/articles/133336 Marsh & McLennan Cos. Inc. has agreed to pay $35 million to settle a class action alleging that the insurance giant failed to warn investors in its employee investment plan that the company's stock was inflated as a result of bid-rigging and price-fixing. http://www.law360.com/articles/133336 http://www.law360.com/articles/133294 A former federal judge has been appointed special master to oversee discovery disputes between Fannie Mae and its former auditor KPMG LLP in multidistrict litigation stemming from the mortgage giant's 2004 accounting scandal. http://www.law360.com/articles/133294 http://www.law360.com/articles/133082 Swiss hearing aid provider Sonova Holding AG announced Monday that it will purchase cochlear implant maker Advanced Bionics Corp. for $489 million, in an attempt to break into what it says is a high-growth market for Advanced Bionics' cutting-edge hearing technology. http://www.law360.com/articles/133082 http://www.law360.com/articles/130161 Business leaders are hoping the U.S. Supreme Court will grant companies a measure of control in diversity jurisdiction cases by letting them emphasize the location of their corporate headquarters in tests to determine their “principal place of business.” That seemingly simple phrase is at the core of Hertz Corp. v. Friend. http://www.law360.com/articles/130161 http://www.law360.com/articles/132913 A judge has rejected a request by manufacturers including Honeywell International Inc., Wix Filtration Corp. and United Components Inc. to dismiss consolidated suits alleging price-fixing in the market for automotive filters under heightened pleading standards, saying the plaintiffs’ claims, which are based on eyewitness accounts, are more than sufficient to proceed in court. http://www.law360.com/articles/132913 http://www.law360.com/articles/132674 The Mittal family of ArcelorMittal fame signed a deal Thursday to purchase insolvent German fashion house Escada AG. http://www.law360.com/articles/132674 http://www.law360.com/articles/132027 Fannie Mae benefit plan committee members have asked a federal judge to dismiss a consolidated proposed class action alleging they violated the Employee Retirement Income Security Act by investing in Fannie Mae stock, saying the plan did not give them discretion to alter investments. http://www.law360.com/articles/132027 http://www.law360.com/articles/132093 Participants in Bank of America Corp.'s two employee savings plans have lost a bid to appeal the dismissal of claims in their putative class action that accuses plan administrators of breaching their fiduciary duties by heavily investing in mutual funds offered or managed by the bank's own subsidiaries and affiliates. http://www.law360.com/articles/132093 http://www.law360.com/articles/132075 A federal judge has denied a request to dismiss a proposed securities class action accusing mortgage insurer PMI Group Inc. and its leaders of misleading investors about losses in the housing market downturn. http://www.law360.com/articles/132075 http://www.law360.com/articles/131771 Plaintiffs from Vermont, Connecticut and Colorado have asked the court overseeing multidistrict litigation accusing FedEx Ground Package System Inc. of misclassifying drivers as independent contractors to amend an order rejecting certification and certify classes under each state's respective laws. http://www.law360.com/articles/131771