Medical diagnostics company Axis-Shield ASA has settled a dispute with Diazyme Laboratories, the life sciences division of California-based General Atomics, over patents for enzymatic homocysteine tests.
An appellate court's decision to remand an injunction ruling in Whole Foods Market Inc.'s $565 million acquisition of rival Wild Oats Markets Inc. may set a new legal standard for injunctions, lawyers say as they question where the case will go from here.
Hewlett-Packard Co. and Electronic Data Systems Corp. have settled five purported class actions with investors who claimed HP's proposed $13.9 billion acquisition of EDS unfairly compensated the technology company's shareholders, according to a filing Monday with the U.S. Securities and Exchange Commission.
U.S. investors have reached an $84.6 million settlement in a class action against Swiss insurance company SCOR Holding AG, resolving their claims that the company's predecessor hid financial woes from investors during an initial public offering.
Saying a district judge analyzed the market incorrectly, a split federal appeals court has reversed the denial of an injunction against Whole Foods Market Inc.'s $565 million acquisition of rival Wild Oats Markets Inc.
Bryan Cave LLP has added eight new attorneys to its Chicago office from Chicago firm Bell Boyd & Lloyd LLP.
The acting U.S. trustee overseeing Syntax-Brillian Corp.'s Chapter 11 case has urged a bankruptcy court to appoint an examiner to investigate the rapid decline in the TV maker's assets, the evaporation of shareholder equity and the bona fides of its planned asset sale.
The high price of oil is fueling exploration and production work as well as investment in the energy sector, but it also has the potential to bring political pressure and regulatory headaches for energy companies, according to Fulbright & Jaworski LLP's Mike Irvin and Peggy Heeg.
A proposed shareholder class action has been filed against members of Internet technology provider Foundry Networks Inc.'s board of directors, alleging that the directors breached their fiduciary duties in connection with a proposed $3 billion buyout by Brocade Communications Systems Inc.
With just days remaining before China's long-anticipated new anti-monopoly law goes into effect, questions linger not only about the text of the new statute, but also how the law is likely to be implemented and enforced by Chinese regulators come Aug. 1.
Federal regulators closed the doors to two units of First National Bank Holding Co. on Friday, bringing the number of bank failures this year to seven.
Globalization is good for business when you're an antitrust lawyer involved in big mergers, but it is also increasingly a minefield of complicated and nuanced regulatory regimes, according to the head of Jones Day's antitrust and competition practice, Phil Proger.
The U.S. Federal Communications Commission has voted to approve the controversial $3.5 billion merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. with a list of conditions it says will protect consumers from anti-competitive harms and offer them better service.
JHT Holdings Inc. is continuing on its rapid path in and out of bankruptcy. The judge overseeing the truck transporter's case has approved a $35 million exit financing deal with three funds poised to become major stakeholders in the reorganized company.
Greek oil-shipping company Top Ships Inc. has agreed to pay $1.2 million to settle claims of accounting fraud in a putative securities class action filed by the company's shareholders.
The U.S. Securities and Exchange Commission launched an insider trading suit Friday against an "unknown purchaser" that bought DRS Technologies Inc. and American Power Conversion Corp. call options through UBS AG, freezing the purchaser's assets, which include over $3 million gained from the “suspicious” trades.
Businesses now need coordinated solutions to the increasingly complex and nuanced issues they're facing and strategies that draw on the skills and expertise of a broad range of legal practice areas, says Robert T. Novick, chair of the regulatory and government affairs department at Wilmer Cutler Pickering Hale and Dorr LLP.
The European Commission has reportedly resumed its antitrust investigation into the $17.7 billion merger deal between Delta Air Lines Inc. and Northwest Airlines Corp.
The European Commission has reportedly restarted its detailed investigation of StatoilHydro ASA's plan to purchase 274 of ConocoPhillips Co.'s Jet petrol stations across Scandinavia.
After selling off nearly all of its assets earlier this year, bankrupt diamond wholesaler L.I.D. Ltd. filed a liquidation plan on Wednesday.