Gibbons PC, Riker Danzig Scherer Hyland & Perretti LLP and other top New Jersey law firms and related entities were among the businesses that collected about $54 million in state lobbying receipts in 2013, in what experts see as a continued area of expansion for firms looking to cross-sell services to clients and boost revenue.
Hoffman-LaRoche Inc. on Friday urged a New Jersey jury to reject claims its drug Accutane causes inflammatory bowel disease, summating a case that was buttressed by new scientific evidence following an appellate reversal of a $10 million verdict awarded to the plaintiff in 2008.
A New Jersey federal judge sank a $90 million suit alleging Valley National Bancorp and Genova Burns Giantomasi Webster LLC defrauded real estate borrowers, ruling Friday that the plaintiff, a onetime owner of now-foreclosed properties, failed to state a Racketeer Influenced and Corrupt Organizations Act claim.
A former lawyer for the Port Authority of New York and New Jersey pled guilty Friday to charges that he lied when he told the Port Authority that Weil Gotshal & Manges LLP would give the agency a 15 percent discount, prosecutors said.
A New Jersey appeals court on Friday ordered the New Jersey Council on Affordable Housing adopt new affordable housing rules by May, saying the agency has so far flouted a previous court order setting a five-month deadline for adopting rules governing towns' affordable housing obligations.
A joint venture comprising real estate finance and investment management firm PCCP LLC and real estate company Mountain Development Corp. has purchased Secaucus, N.J.'s One Harmon Plaza from New Boston Fund Inc. for $11.5 million, the companies said Friday.
New Jersey-based Public Service Enterprise Group Inc. on Friday said it would spend $12 billion on capital investments over the next five years, with the bulk of that cash going to its main utility unit so it can increase transmission investments in order to maintain grid reliability.
A committee of New Jersey federal judges convened Thursday to accept feedback from attorneys representing insurers and insured to discuss the best method of managing more than 600 flood cases filed by victims of Superstorm Sandy, with attorneys split on the best way of hastening the process.
A New Jersey bankruptcy judge on Wednesday approved a Chapter 11 reorganization plan filed by five HealthBridge Management LLC-run health care centers, ending a battle with the National Labor Relations Board, which fought HealthBridge’s rejection of expired collective bargaining agreements covering the centers’ employees.
The New York Giants want a sports memorabilia dealer's lawsuit accusing the team of covering up the distribution of fraudulent memorabilia moved from New Jersey state court to federal court, based on allegations that the organization ripped off the dealer's patent ideas.
Reed Smith LLP said Thursday that a member of its financial industry group will serve as the new office managing partner in its Princeton, N.J., location, which specializes in financial services and life sciences, data security, energy, real estate and aviation practices.
A New Jersey appeals court this week rejected a bid by the Natural Resources Defense Council and the New Jersey Conservation Foundation to join an appeal over LG Electronics USA Inc.'s planned $300 million North American headquarters in Englewood Cliffs, N.J., the company said Thursday.
New Jersey Gov. Chris Christie did not break any state or federal regulations in awarding a contact for Superstorm Sandy cleanup without putting it up for bid, according to a U.S. Department of Homeland Security’s Inspector General report released Thursday by the Christie administration.
Paterson, N.J., and its mayor were hit last month in New Jersey court with a whistleblower suit filed by the city’s corporation counsel, who said he was suspended and denied pay after raising concerns about millions of dollars in illegal health insurance payments.
A New Jersey appeals court clarified rules about debt collection on Wednesday, finding that while debt collectors who bought the rights to service loans from the original creditor must show they have the right to receive payments, they don’t have to demonstrate every buyer of the debt since its origination.
A New Jersey appellate panel on Thursday revived a lawsuit brought by an investigator for the Bergen County Prosecutor's Office who claims she was subjected to workplace discrimination because she is Asian-American, saying her request for reconsideration was not adequately reviewed.
A New Jersey appellate panel on Wednesday declined to revive Tilcon New York Inc.’s suit against a purchasing cooperative of municipalities that refused to reimburse Tilcon for spiking costs in an asphalt contract after ruling the risk of market fluctuations was Tilcon’s to bear.
Novartis Pharmaceuticals Corp. filed a patent infringement lawsuit in New Jersey federal court Monday against Pharmaceuticals International Inc., alleging the Hunt Valley, Md.-based drugmaker is infringing on Novartis' patent for the cancer drug Zometa by trying to manufacture a generic version.
The Delaware Riverkeeper Network filed suit in New Jersey federal court Monday alleging that Soil Safe Inc. is violating environmental laws and permits at its Logan Township solid waste recycling facility and polluting the Delaware River Basin to unsafe levels.
A New Jersey appellate panel on Wednesday grilled the state on the alleged inaction of the agency directed to adopt new affordable housing rules by the New Jersey Supreme Court, and trampled jurisdictional arguments against an advocacy group's action to force it to do so.
Thanks to the Third Circuit’s recent holding in In re Emoral Inc., entities purchasing a distressed debtor’s assets through a Section 363 bankruptcy sale may have greater protections against the subsequent claims of those seeking to hold the purchaser liable for damages arising from the debtor’s presale conduct, says Travis Powers of Buchanan Ingersoll & Rooney PC.
A number of recent appellate cy pres decisions teach us that charitable organizations should be selected carefully, with attention to the relationship between the purpose and the allegations framing the plaintiff class’s chief complaints. Just because an institution supports a worthy cause does not make the institution a worthy recipient in every case, say Mark Rapazzini and Elizabeth King of Heffler Claims Group LLC.
As reflected in a recent decision by the U.S. Bankruptcy Court for the District of New Jersey, in preparing loan documentation, it is important for practitioners to appreciate how applicable state law and bankruptcy courts will treat assignments of rents and whether, given that treatment, certain facts or structuring could alter whether and how the rents may be used in the event of the borrower’s bankruptcy, say attorneys with Alston & Bird LLP.
In a recent case of first impression, the Third Circuit affirmed a trial court’s dismissal of design defect claims against a residential homebuilder under New Jersey's Product Liability Act when the plaintiff-homeowner failed to comply with the state's Affidavit of Merit Statute. Calender v. NVR Inc. may apply beyond New Jersey as at least 11 states have some form of an affidavit of merit requirement for negligent licensed professionals, say David Haworth and Michele Ventura of Ballard Spahr LLP.
A recent New Jersey appeals court ruling and new laws greatly expanding whistleblower protections in California highlight the need for employers and their in-house and outside counsel to account for potentially significant differences in whistleblower protections from state to state when planning for and initiating internal investigations triggered by whistleblower complaints, says Michael Baudinet of McGuireWoods LLP.
Since the issuance of a U.S. Securities and Exchange Commission no-action letter that allows mergers and acquisitions brokers to receive transaction-based compensation without registering as brokers, a number of questions have been raised — including applicability of the relief in the private equity and venture capital context. Meanwhile, state regulators are currently considering the ramifications of the letter, say attorneys with Crowell & Moring LLP.
The New Jersey Superior Court recently ruled in DeMarco v. Stoddard that a medical malpractice insurer could not deny coverage for an insured who had made material misrepresentations in obtaining an insurance policy. While the ultimate limits of this decision are yet to be determined, it is certain to spur more litigation to test these limits, say John Jackson and John Kaveney of Deutsch Mulvaney & Carpenter LLP.
While the Second Circuit’s decision in Drawbridge Special Opportunities Fund v. Barnet has added an additional obstacle to Chapter 15 recognition and may thwart the ability of a foreign representative to effectively pursue legitimate causes of action in the U.S., it remains to be seen whether courts in other jurisdictions will generally follow suit. The U.S. Bankruptcy Court for the District of Delaware has already issued a conflicting opinion, and at least one other court — the Third Circuit — is apparently not likely to follow Barnet, say attorneys with Allen & Overy LLP.
State and federal tax controversies are increasingly grabbing the attention of general counsel, and governments and taxpayers alike are working hard to change the tax litigation landscape. For example, a number of states have replaced some of the Multistate Tax Compact's provisions with their own rules and formulas, and the resulting discrepancies often create opportunities for taxpayers to seek large refunds, says Donald Griswold of Crowell & Moring LLP.
Since it is the season for matchmaking, we figured we’d give it a shot: Bitcoin, meet Atlantic City, N.J. Turning the virtual currency into casino chips could be a new avenue for increased tourism — something Atlantic City desperately needs. And with New Jersey proven to be an early leader in the U.S. Internet gaming industry, sparks could fly, say Frank DiGiacomo and Eric Frank of Duane Morris LLP.