With a reputation for litigating tough accounting and restatement cases and a success rate far above the national average, it’s no wonder that clients are drawn to the securities litigation practice group at Katten Muchin Rosenman LLP.
The indicted former newspaper tycoon Conrad Black and his longtime business partner F. David Radler must have a strange relationship. While Radler has agreed to testify against Black in his criminal fraud trial in March, the two men are reportedly still doing business with each other.
A federal court in Georgia thwarted an attempt by River’s Edge Pharmaceuticals LLC to move in on the market for Nicomide, dismissing a lawsuit that challenged the validity of the patent covering the drug, which treats inflammatory skin disorders.
The Justice Department may have driven two major Mid-Atlantic utilities to sell several plants by filing a suit Thursday that threatens to derail their $16 billion merger.
A Delaware judge has thrown out a request by former American International Group Inc. chairman Maurice “Hank” Greenberg to stop a suit that alleged he reaped excessive payments from the company through a sham operation.
Financial services powerhouse Morgan Stanley will be in a Florida appeals court next Wednesday at 10 a.m. to appeal a May 2005 verdict that awarded Revlon Inc. Chairman Ronald Perelman $1.58 billion, in a case that centered on allegations that Morgan Stanley was complicit in securities fraud.
While the promise of a huge payout can entice some law firms to take patent cases on a contingency fee basis, more and more law firms are opting for a modified-and less risky- version of this practice, insiders say.
In a move that could signal the coming implosion of embattled plaintiffs firm Milberg Weiss Bershad & Schulman, the law firm Lieff Cabraser Heimann & Bernstein, LLP is in talks to acquire a group of partners from Milberg’s New York office.
Leading IP law firm Darby & Darby has expanded its operations overseas to Frankfurt, Germany, where it will offer U.S. IP law services to European clients.
Beleaguered UnitedHealth Group Inc. received a rare piece of good news late last week, when a Florida district court dismissed a class action lawsuit brought by about 700,000 U.S. physicians who had accused the health insurer of unfairly cutting their reimbursements.
As Allied Holdings Inc. gears up to request an extension of its pay cuts for union workers, the International Brotherhood of Teamsters is urging the bankruptcy court to reject the company's proposal and authorizing local unions to consider striking.
Unable to leave the courtroom behind, American International Group Inc. has been hit with a new lawsuit by its largest shareholder for allegedly mishandling a $1.6 billion settlement with federal regulators related to the insurance giant’s purported multi-million dollar accounting fraud.
In a drawn-out and rocky dispute with its flight attendants, Delta Air Lines Inc. subsidiary Comair plans to ask a bankruptcy court to toss its labor contract with the attendants in an effort to slash millions of dollars in costs.
As the American health care system faces skyrocketing costs and a growing nursing shortage, a group of nurses is taking aim at a slew of hospital systems in four federal class actions filed this week, accusing the hospitals of putting their bottom line ahead of fair wages by conspiring to keep nurses' salaries at artificially low levels.
A doctor has won millions from a lawsuit accusing a Johnson & Johnson company of stealing his patent and could stand to gain even more if his lawyer succeeds in adding foreign patents to the case.
In the latest chapter of the Orthodontic Centers of America Inc.’s bankruptcy, the debtor and Bank of America have filed separate objections with the bankruptcy court over the official committee of equity security holders hiring a second law firm as lead counsel.
The sole conviction stemming from the massive fraud at HealthSouth Corp. has resulted in an eight-year prison sentence for Hannibal “Sonny” Crumpler, a former vice president at the medical services provider.
In light of a tentative deal with its creditors, Winn-Dixie Stores intends to file its reorganization plan later this month and emerge from bankruptcy by late October, according to an attorney for the supermarket chain.
In a major coup, Bingham McCutchen has snagged the former head of Pillsbury Winthrop Shaw Pittman’s intellectual property litigation group to serve as a partner in its Silicon Valley office.
A jury began deliberating Thursday afternoon over whether Richard M. Scrushy will serve jail time for charges stemming from a $500,000 payoff federal prosecutors argued secured him a seat on a state regulatory board. If convicted, Scrushy faces the possibility of decades in jail and hundreds of thousands of dollars in fines.