New YorkRSS

  • October 15, 2007

    Thelen Ordered To Pay In Ex-IP Lawyer's Suit

    In a blow to Thelen, Reid, Brown, Raysman & Steiner LLP, the New York Supreme Court has affirmed an arbitrator's award to a former intellectual property litigator with the firm who claimed his firing breached their contract.

  • October 15, 2007

    Bankrupt Dana Rejects Appaloosa Investment Offer

    Bankrupt auto parts maker Dana Corp. said on Friday that it has rejected an alternative investment offer submitted by Appaloosa Management LP.

  • October 15, 2007

    Oxycontin Maker Says Patents Are Enforceable

    Purdue Pharma LP defended three of its patents on Friday against arguments by rivals KV Pharmaceutical Co. and Mallinckrodt Inc. that they are unenforceable and asked for leave to file further evidence in support of its claims.

  • October 16, 2007

    Feds Lose Tax Evasion Evidence Bid In KPMG Suit

    A New York federal judge has denied the government's request to introduce purported evidence of tax evasion by three former KPMG executives and an ex-Sidley Austin LLP attorney in what has been deemed the largest criminal tax case in U.S. history. The evidence concerns conduct for which the four have not been charged.

  • October 16, 2007

    Gaming Co. Patent Suit Tossed For Lack Of Standing

    The Federal Circuit reversed a district court's refusal to dismiss a patent suit against the New York lottery's contractor on Monday, saying that as a licensee of only part of the patent, the gaming company that brought it didn't have standing to sue.

  • October 15, 2007

    Q&A With Greenberg Traurig's James Ian Serota

    The disparity in salaries between private practice and public service has placed great pressure on lawyers who have that experience to leave public service. We need to develop a program to encourage senior lawyers to stay in public service, says Greenberg Traurig's James Ian Serota in our series of chats with high-profile antitrust lawyers.

  • October 16, 2007

    N.J. Law To Govern Foster Wheeler Insurance Dispute

    A New York state court ruled on Thursday that a long-running dispute between Foster Wheeler Corp. and a group of its insurers over who should pay the costs of asbestos lawsuits will be decided under New Jersey law rather than New York law in a victory for the energy and construction conglomerate.

  • October 15, 2007

    Solutia Files Fifth Amended Reorganization Plan

    Still hoping to exit from Chapter 11 by year's end, Solutia Inc. has presented the court that's overseeing its bankruptcy with a revised plan of reorganization which the bankrupt chemicals company insists all of the major players are behind.

  • October 12, 2007

    Worldcom Wins Judgment On Most Parus Claims

    A federal bankruptcy court on Thursday granted most of MCI WorldCom Communications Inc.'s motion for summary judgment in a claims case between a WorldCom acquisition and a telecommunications services provider.

  • October 12, 2007

    Refco Administrators Try To Pare Down Claims

    The administrators of Refco Inc.'s Chapter 11 reorganization plan asked a bankruptcy judge Thursday to expunge roughly two dozen claims and to classify, reduce or withdraw many more.

  • October 12, 2007

    Judge OKs Calpine Agreement With HSBC

    A judge signed off on a settlement between bankrupt energy company Calpine Corp. and HSBC Bank, ending a battle over nearly $110 million in claims.

  • October 12, 2007

    Grasso’s Pals Push To Settle Pay Package Suit

    With friends in high places, Richard Grasso may reportedly be able to broker a deal with the New York State Attorney General’s office that would lay to rest remaining claims that the $187.5 million exit package given to the erstwhile New York Stock Exchange Chairman was unreasonable.

  • October 12, 2007

    Starbucks Settles Union-Busting Claims In Michigan

    According to a settlement between Industrial Workers of the World and Starbucks Corp., employees in a Michigan store will be able to talk about union-organizing activities without threats from their employer.

  • October 12, 2007

    E-Discovery Plays Greater Role In Cases: Survey

    Companies are ratcheting up their data retention policies as voice mail, instant messages and other technologies play an ever-increasing role in discovery, according to a new study by Fulbright & Jaworski LLP.

  • October 12, 2007

    Delphi Settles Some Claims On Path To Emergence

    Bankrupt auto parts maker Delphi Corp. has been busy settling a number of disputes over claims in its Chapter 11 case, as the company continues its slow march toward emerging from bankruptcy protection.

  • October 12, 2007

    Ex-Philip Morris IP Counsel Alleges Age Bias

    A former in-house counterfeiting counsel and director for Philip Morris International Inc. has fired off a lawsuit against the cigarette maker and its parent company, accusing them of firing him because of his age.

  • October 12, 2007

    Sentinel Trustee Slams Execs In $350M Fraud Suit

    The trustee appointed to oversee the bankruptcy of Sentinel Management Court wants the company's executives to pay for the alleged accounting fraud that drove the company into bankruptcy, to the tune of $350 million.

  • October 12, 2007

    Dana Plaintiffs Object To Disclosure Statement

    The lead plaintiffs in a class action securities lawsuit pending against bankrupt auto parts maker Dana Corporation have jumped into the company's Chapter 11 proceedings, filing a formal objection to Dana's disclosure statement.

  • October 12, 2007

    Adelphia Head Takes Sentence To High Court

    The founder of Adelphia Communications Corp. and his son have asked the U.S. Supreme Court to overturn multiple convictions for an accounting fraud scandal that engulfed the bankrupt cable company and may yet lead to years behind bars for both men.

  • October 12, 2007

    Details Emerge In SAC Hormone Harassment Suit

    Counsel for the plaintiff in a case reportedly involving bizarre sexual harassment claims against SAC Capital Advisors LLC said Friday that his client's allegations were supported by “scientific evidence,” after a New York State Supreme Court justice denied former SAC junior trader Andrew Z. Tong's motion to revisit a May 17 decision that sealed the case and sent the dispute to arbitration.