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  • October 20, 2009

    Roche Sues Credit Suisse Over $545M ARS

    Roche International Ltd. has hit Credit Suisse Group AG with a lawsuit in the U.S. alleging the bank's brokers fraudulently invested more than $545 million of the Swiss drugmaker's funds into risky auction rate securities.

  • October 20, 2009

    Major Ad Firms Support Microsoft-Yahoo Deal

    In a move that may help clear the antitrust hurdles from Microsoft Corp. and Yahoo Inc.’s proposed 10-year search advertising partnership, the top four advertising giants have rallied around the deal and urged U.S. regulators to approve it.

  • October 20, 2009

    High Court To Enter Gun Debate Again

    As advocates and lawyers continue to debate the significance of the U.S. Supreme Court's headline-grabbing District of Columbia v. Heller decision in June 2008, the high court has accepted another contentious gun control case that could clear up a question the Heller case didn't answer — whether the Second Amendment applies to states and municipalities.

  • October 19, 2009

    Exxon Ordered To Pay $105M Over MTBE Contamination

    A federal jury has ordered Exxon Mobil Corp. to pay $105 million in compensatory damages for contaminating New York City's groundwater with the gasoline additive methyl tertiary-butyl ether.

  • October 19, 2009

    Mass. High Court OKs Smokers' Medical Test Suit

    The high court in Massachusetts has paved the way for a putative class of Marlboro smokers to sue Philip Morris USA Inc. to pay for medical monitoring to detect lung cancer in its early stages.

  • October 19, 2009

    5th Circ. Revives Katrina GHG Mass Tort

    The U.S. Court of Appeals for the Fifth Circuit has revived a mass tort that accuses dozens of oil and chemical companies of adding to the ferocity of Hurricane Katrina through their emissions of greenhouse gases, a decision that comes less than a month after the Second Circuit breathed new life into a similar mass tort.

  • October 19, 2009

    Mylan, Others To Pay $124M Over Medicaid Rebates

    Mylan Inc. and several other pharmaceutical companies will pay a combined sum of $124 million to settle allegations that they bilked state Medicaid programs of millions of dollars by improperly classifying certain drugs for rebate purposes.

  • October 19, 2009

    Jury Awards Infosint $15M In Lexapro Patent Fight

    Lundbeck A/S and Forest Laboratories Inc. will have to pay Infosint SA a $15 million reasonable royalty award now that a federal jury has ruled that Infosint's patent for making the antidepressant citalopram is valid.

  • October 19, 2009

    2nd Circ. Gives New Life To DDAVP Antitrust Case

    The U.S. Court of Appeals for the Second Circuit has overturned a lower court's dismissal of an antitrust case alleging that Ferring Pharmaceuticals Inc. and Aventis Pharmaceuticals Inc. conspired to keep generic drugs off the shelves by fraudulently acquiring a patent for diabetes drug DDAVP.

  • October 19, 2009

    Flexibility Key For Women Rejoining Legal Ranks

    An arduous path may await the increasing number of female attorneys looking to return to work after taking time off to care for family, but many will be able to use their flexibility on pay and hours as a way in the door, experts said.

  • October 16, 2009

    Pfizer Hit With $1.3B Fine For Bextra Marketing

    A federal court has levied a record $1.3 billion criminal fine — the largest ever imposed in the U.S. — against Pfizer Inc. subsidiary Pharmacia & Upjohn Co. Inc. for fraudulently misbranding its anti-inflammatory drug Bextra.

  • October 16, 2009

    ITC Staff Says Nvidia, Others Infringe Rambus Patents

    A U.S. International Trade Commission staff recommendation has said chip maker Nvidia Corp. and 16 other respondents infringe patents held by Rambus Inc. for memory controllers related to graphics processors.

  • October 16, 2009

    Kivalina Case Dismissal Breaks With 2nd Circ.

    A federal judge has dismissed a public nuisance lawsuit brought by the tiny Alaskan village of Kivalina against 24 energy and utility giants, breaking from a federal appeals court's take on whether companies can be held liable for historic greenhouse gas emissions that contribute to global warming.

  • October 16, 2009

    Court Says Champerty Can't Curb Debt Buyers' Rights

    Reassuring the secondary loan market, the New York Court of Appeals has issued a ruling clarifying the limits of the state's arcane champerty law, ruling that the age-old law with roots in medieval Europe was not designed to curb the ability of buyers of distressed debt to enforce their rights through litigation and collect on a legitimate claim.

  • October 16, 2009

    Ala. High Court Reverses $275M AWP Decisions

    The Alabama Supreme Court has overturned two jury decisions awarding the state nearly $275 million from three pharmaceutical companies, which the state accused of ripping off its Medicaid program by fraudulently inflating the price of their prescription drugs.

  • October 16, 2009

    Experts Urge Law Firms Not To Forgo Bonuses

    Many associates are wondering whether they will be getting bonuses at all as 2009 draws to a close, and while firms may be tempted to hold on to their dollars, they would be wise to hand out at least some financial tokens of gratitude, according to legal experts.

  • October 15, 2009

    Senate Bill Aims To Improve Efficiency In US Courts

    Sens. Sheldon Whitehouse, D-R.I.; Patrick Leahy, D-Vt.; and Jeff Sessions, R-Ala., have introduced a new bill to clean up the administration and efficiency of the federal court systems.

  • October 15, 2009

    No Punitive Damages Against Exxon In MTBE Suit: Judge

    Exxon Mobil Corp. is off the hook for punitive damages in a lawsuit brought by the city of New York over contamination of Queens' groundwater by gasoline additive methyl tertiary-butyl ether.

  • October 15, 2009

    Bill Aims To Eliminate Generic-Drug Labeling Delays

    Sens. Jeanne Shaheen, D-N.H., and David Vitter, R-La., have introduced legislation intended to keep brand-name pharmaceutical makers from delaying competitors' attempts to roll out generic alternatives by giving generics makers an expedited approval path for labeling changes.

  • October 15, 2009

    Verizon Ring Tones Not Public Performances: Judge

    A federal judge has ruled that Verizon Wireless does not need a public performance license for the songs it provides as ring tones to customers, granting the cell phone service provider summary judgment in its copyright dispute with the American Society of Composers, Authors and Performers.