Illinois Law360 provides breaking news and analysis on legal and regulatory issues in Illinois. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
As the Seventh Circuit gears up to hear oral arguments Wednesday in a suit against GlaxoSmithKline over the suicide of an attorney who was taking a generic version of the antidepressant Paxil, experts say the end result could be a circuit split that pushes the U.S. Supreme Court to decide whether branded pharmaceutical companies should carry liability for generic versions of their drugs.
A Seventh Circuit panel Friday affirmed the dismissal of a wrongful death lawsuit the parents of deceased ice hockey player Derek Boogaard brought against the NHL, finding the lower court rightly tossed the suit after the family did not respond to one of the NHL’s arguments.
Law firms hoping to lead a proposed class action over stock drops supposedly caused by Ulta Beauty Inc.'s alleged failure to disclose its selling of repackaged beauty products pounced on each other's bid for the designation Thursday, with counsel for a group of investors telling an Illinois federal judge that their clients lost more than double the two opposing movants combined.
An Illinois federal judge on Friday refused to immediately let a Chicago-area casino out of an employment lawsuit over a worker who was allegedly fired after asking for additional leave to receive cancer treatment.
A wave of venture-backed biotechnology and health care companies are lining up initial public offerings that could price in June, including at least eight that filed plans during the week of May 21, leading more than a dozen IPO prospects set to reignite deal flow in the coming weeks.