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Massachusetts

  • June 20, 2018

    Ex-Biopharma Exec Gets 2 Years For Admitting Insider Trades

    A Massachusetts federal judge on Wednesday sentenced a former executive at a California biopharmaceutical company to a below-guideline term of two years and three months in prison for admitting he traded in 2013 and 2014 on nonpublic information that trials of the company’s prospective breast cancer treatment were showing positive results.

  • June 20, 2018

    KKR Real Estate Unit Lends $379M For Pa., Mass. Properties

    KKR Real Estate Finance Trust Inc. has closed a pair of loans, one each for properties in Pennsylvania and Massachusetts, that are worth a combined $378.7 million, according to an announcement from the company on Wednesday.

  • June 20, 2018

    Failed Mass. Ballot Shows Fading Support For Millionaires' Tax

    A business coalition’s successful challenge to a Massachusetts ballot initiative to establish a special tax on income above $1 million highlights waning political support for such measures in the years since the Great Recession, when states attempted to use them to plug large budget holes.

  • June 20, 2018

    NY, Mass. AGs To Sue Over Association Health Plans Rule

    The attorneys general for New York and Massachusetts on Wednesday said they will sue the Trump administration over the U.S. Department of Labor's final rule on association health plans that they say will shrink "critical consumer health protections."

  • June 20, 2018

    Ex-State Street Exec Seeks Fraud Acquittal Midtrial

    A former State Street Corp. executive on trial for allegedly hiding millions of dollars in fees from some of the firm's biggest clients asked a federal judge in Boston on Tuesday for an acquittal before the case goes to the jury, arguing that the government has not been able to prove its case.

  • June 19, 2018

    Former Aegerion Execs Say FDA Approval Negates FCA Case

    Former executives at Aegerion Pharmaceuticals Inc. argued Tuesday that a False Claims Act case against them ignores a federal regulatory program that gave marketers and doctors explicit permission to recommend an expensive cholesterol drug to people who did not have the rare genetic disorder it was created for.

  • June 19, 2018

    Former Akebia, Merrimack Buddies Face Insider Trading Trial

    Two former biostatistician friends at Akebia Therapeutics Inc. and Merrimack Pharmaceuticals Inc. will face securities fraud charges for allegedly cashing in on nonpublic drug trial information, a federal judge in Massachusetts said Tuesday.

  • June 19, 2018

    Ambac Opens 1st Circ. Fight Over Puerto Rico Bond Diversion

    Ambac Assurance Corp. on Monday launched its opening arguments in an appeal over the diversion of highway bond revenues in Puerto Rico stemming from a ruling in the territory's bankruptcy-type cases, saying the underlying acts by the island's government violated the Constitution.

  • June 19, 2018

    AngioDynamics Seeks Biolitec Patents To Satisfy $75M Award

    Medical technology company AngioDynamics Inc. hit Biolitec AG and its fugitive owner with a lawsuit in Massachusetts federal court seeking to gain control of the company’s patents to satisfy a nearly $75 million judgment that Biolitec has dodged for over four years.

  • June 19, 2018

    Mass. Sheriff Illegally Detained Noncitizen For Feds, Suit Says

    A Massachusetts sheriff’s office detained a noncitizen for 18 days last year based solely on a detainer request from federal immigration authorities, an action the state’s top court has prohibited, a complaint filed Tuesday in Massachusetts federal court alleges.

  • June 19, 2018

    Former Top Attys, State AGs Condemn Family Separations

    A flood of condemnation over the Trump administration’s new “zero tolerance” immigration policy that’s left nearly 2,000 children separated from their parents at the border poured in on Monday and Tuesday from former U.S. attorneys and state attorneys general who called for an end to the “cruel and illegal attack” on immigrant families.

  • June 19, 2018

    Dems Ask CFPB Pick To Describe Her Role In Border Policy

    Two top Democrats on the Senate Banking Committee want to know whether a White House budget official who’s been picked to lead the Consumer Financial Protection Bureau had any hand in a Trump administration policy that’s resulted in the separation of more than 2,000 children from their parents at the U.S.-Mexico border since May. 

  • June 19, 2018

    Davis Polk Leads Roche In $2.4B Foundation Medicine Buy

    Roche, advised by Davis Polk & Wardwell LLP, on Tuesday unveiled plans to take over Massachusetts-based molecular information company Foundation Medicine in a $2.4 billion deal, as the Swiss drugmaker looks to deepen its personalized health care strategy.

  • June 19, 2018

    'Van Gogh Of Woodworking' Wants Disclaimer For PBS Show

    The so-called “Van Gogh of Woodworking” asked a Massachusetts federal judge Tuesday to force a Boston PBS affiliate to show a disclaimer stating he is not involved in the current season of the station’s woodworking show as he accuses the affiliate of using his likeness and signature catchphrase.

  • June 19, 2018

    Ice Cream Butterfat Row Headed For Boston Trial In July

    Rival dessert makers 600 lb. Gorillas Inc. and Mister Cookie Face LLC on Tuesday sparred in a Massachusetts federal court over whether customer complaints about the amount of butterfat in its ice cream sandwiches will be revealed to a jury when the breach of contract case goes to trial in Boston in July.

  • June 19, 2018

    Merck Implant Suit Barred By Wrongful Birth Law: 1st Circ.

    After a Maine woman’s birth control implantation went awry and turned her into a mother, the First Circuit ruled Monday she cannot sue implant maker Merck or her U.S.-funded doctors, saying she failed to pursue what could have been a worthwhile argument to apply the most exigent level of review to the Maine law blocking her path.

  • June 19, 2018

    FERC Mulls $4.2M Fine For Plant Over Capacity Statements

    The Federal Energy Regulatory Commission asked a Massachusetts power plant owner to explain why it should not be hit with a $4.2 million civil penalty and disgorge more than $2 million in payments over allegations it improperly stated its fuel and generating capacity.

  • June 19, 2018

    A Chat With Holland & Knight CFO Mia Stutzman

    In this monthly series, legal recruiters at Major Lindsey & Africa interview management from top law firms about navigating an increasingly competitive business environment. Here we feature Mia Stutzman, chief financial officer at Holland & Knight LLP.

  • June 18, 2018

    Mass. Jury Awards HIV Victim $18.4M In Malpractice Suit

    A Massachusetts federal jury on Monday awarded a New York man $18.4 million in a medical malpractice suit against three doctors over claims they failed to properly diagnose HIV, which left the man with severe health health problems and expenses.

  • June 18, 2018

    GCs Tackle Law Firm Culture In Diversity Push

    Following an American Bar Association pledge, in-house attorneys are taking a harder line in demanding diversity from their outside counsel, and they're seeking to play a larger role in the workings of the law firms they hire.

Expert Analysis

  • Why Lawyers Shouldn't Accept Fees In Cryptocurrency: Part 1

    John Reed Stark

    Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.

  • Highway Trust Fund Is Out Of Gas — Time For Mileage Fees

    Joshua Andrews

    Revenue from the federal gas tax — last increased in 1993 — continues to decline, leaving infrastructure critically underfunded. But pilot programs in multiple states have now proven that mileage-based road user fees can replenish the Highway Trust Fund and be implemented practically and fairly, say Joshua Andrews, Charles Stitt and Theodore Bristol of Faegre Baker Daniels Consulting.

  • Opinion

    The Fight Against NPEs, 1 Year After TC Heartland

    Rachel Wolbers

    As the data shows, the U.S. Supreme Court's TC Heartland decision last year marked a major milestone in addressing extreme forum selection in patent law, and to some extent the threat of nonpracticing entity litigation abuse faced by startups. But other NPE problems need fixing, say Rachel Wolbers of Engine and Jonathan Stroud of Unified Patents Inc.

  • The Latest On State-Level Noncompete Reform

    Kevin Burns

    Since the White House’s “call to action” for state restrictive covenant reform, over a dozen states have proposed and enacted laws reforming their use by employers. As more and more states answer the “call” and alter an already inconsistent legal landscape, employers that use these types of agreements should review them to ensure compliance, say Kevin Burns and Brian Ellixson of Fisher Phillips.

  • Impediments To Legal Industry's 'Inevitable' Future: Part 2

    Craig Levinson

    I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.

  • Legal Risks For Consumer Products Cos. In 2018: Part 2

    Erin Bosman

    A recent survey of companies in the consumer products space reveals caseloads and issues of concern, the growing influence of the Federal Trade Commission, and trends in corporate legal departments’ budgeting, say Erin Bosman and Julie Park of Morrison & Foerster LLP.

  • Legal Risks For Consumer Products Cos. In 2018: Part 1

    Erin Bosman

    Running a successful consumer products company has never been easy. Rapidly evolving technologies, an uncertain economy and changing government regulations appear primed to complicate the already challenging task of navigating legal issues, say Erin Bosman and Julie Park of Morrison & Foerster LLP.

  • Impediments To Legal Industry's 'Inevitable' Future: Part 1

    Craig Levinson

    Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.

  • Opinion

    We Need A Federal Plan To Combat Sea Level Rise

    Michael Parker

    Climate resiliency measures to abate future disasters in coastal cities like Boston need to be taken now to avoid disasters and save hundreds of billions of dollars in the future. But climate change needs a master plan; it cannot be left to thousands of cities to coordinate efforts — that is what our federal system is for, says Michael Parker of Rackemann Sawyer & Brewster.

  • Opinion

    Why Widespread Use Of Live Video Testimony Is Not Justified

    Geoffrey Wyatt

    Despite the partiality some courts have shown to live video testimony, it provides no advantages — and several disadvantages — over the tried-and-true method of videotaped depositions, say attorneys with Skadden Arps Slate Meagher & Flom LLP.