Medical supply maker CareFusion Corp. has accused Medtronic Inc. of knowingly acquiring a bevy of invalid and unenforceable patents related to treatments for fractures caused by compressed vertebrae and using those patents to unfairly keep competitors out of the market for the surgical spinal procedures.
A federal judge has decided that Credit Suisse Securities (USA) must pay $354 million over claims that it purchased auction rate securities without STMicroelectronics NV's authorization, affirming an arbitration award the judge says Credit Suisse has “grasped at straws” to avoid.
With two surprisingly plaintiff-friendly rulings in recent months and changes to the country's competition laws, a new perspective on price-fixing class actions seems to be developing in Canada that is likely to embolden plaintiffs and lead to a surge in class action activity, attorneys say.
Executives at American International Group Inc., Chrysler Group LLC, Chrysler Financial, General Motors Co. and GMAC Inc. will face additional pay cuts in 2010, and 400 other firms that received government funds will face an inquiry into their compensation practices, the Obama administration’s pay czar said Tuesday.
With a weak economy keeping stakes high, marketing professionals at law firms are pressuring managing partners to place a greater emphasis on personality when they consider potential new hires, to make sure they have what it takes to represent the firm as a brand and attract business.
The U.S. Supreme Court has refused to void a bankruptcy court's order discharging a Chapter 13 debtor's student loan interest payments, despite its finding that the order was a “legal error” because the court didn't issue a finding of undue hardship.
The World Trade Organization has determined that Airbus SAS received improper subsidies from European governments, heating up the long-running, multibillion-dollar dispute between Airbus and The Boeing Co. over alleged subsidies from their respective domestic governments.
Even as President Barack Obama signed historic health care and insurance legislation into law Tuesday, Republicans began exploring their legislative and legal options for repealing the bill and stalling the reconciliation package now before the U.S. Senate.
The European Union's highest court has determined that Google Inc. did not violate trademark law by allowing online advertisers to purchase keywords corresponding to their competitors' marks, in an anticipated decision adding clarity to the muddy waters of trademark use in Internet searches.
In a long-awaited decision in Ariad Pharmaceuticals Inc.’s patent infringement suit against Eli Lilly & Co., a federal appeals court majority reaffirmed Monday that there is a written description requirement for patent inventors under the U.S. Patent Act.
These days, keeping your job at a law firm feels like a victory in and of itself, especially for younger attorneys who have seen their ranks decimated by layoffs and cutbacks. That's what makes the myriad professional accomplishments of the 120 individuals chosen as Law360's Rising Legal Stars all the more impressive.
The U.S. Supreme Court on Monday agreed to hear a retaliation suit brought by a former Saint-Gobain Performance Plastics Corp. employee, following an appeals court ruling that his verbal complaints weren't protected activity under the Fair Labor Standards Act.
The U.S. Supreme Court on Monday again refused to issue a preliminary injunction that would have closed locks near Chicago, delivering a blow to Michigan and other states that are desperately trying to prevent Asian carp from reaching the Great Lakes and decimating native fish populations.
The U.S. House of Representatives has approved a measure that would make the federal government the primary originator for all federal student loans, eliminating a program that provided government subsidies to banks and other private financial firms making billions in loans to U.S. students each year.
A jury in New Jersey state court found in favor of AstraZeneca Pharmaceuticals LP on Thursday, handing down the first verdict to come out of more than 10,000 cases over claims that Seroquel causes diabetes.
The U.S. Court of Appeals for the Second Circuit ruled Friday that the Federal Reserve Board must turn over the names of banks participating in its emergency lending program to Bloomberg LP and Fox News Network LLC.
A federal judge on Friday delayed a $575 million settlement to be paid by the WTC Captive Insurance Co. to 10,000 rescue, recovery and debris removal workers who sued the city of New York over injuries sustained at the World Trade Center after 9/11, a week after the deal was announced.
Asarco LLC has accused Sterlite Inc. of violating a May 2008 purchase and sale agreement when it aborted a bid to buy the then-bankrupt mining company for $2.6 billion and to assume millions of dollars in its contractual obligations and liabilities.
On the heels of winning a $106 million jury verdict against Microsoft Corp. in a suit claiming the software giant's operating systems infringe two of its patents, VirnetX Inc. has launched a new suit alleging Microsoft's Windows 7 operating system infringes the same patents for securing communications over the Internet.
In a market where the demand for legal work has taken a hit, it can be tempting for an attorney — or an entire law firm — to branch into new practices areas or accept undesirable work. But doing so purely to fill the office coffers could damage both the firm's reputation and its bottom line in the long run, according to industry insiders.