Boston Scientific Corp. will pay $608 million in payments and interest over the next three months in a final stipulated decision resolving transfer pricing issues with the Internal Revenue Service, the company said Thursday in a U.S. Securities and Exchange Commission filing.
A coalition of 17 state attorneys general told the U.S. Department of Health and Human Services that its potential rollback of regulations for skilled nursing facilities will not only threaten the well-being of their residents, but also impede the investigation and prosecution of suspected crimes.
A Massachusetts federal judge has dismissed antitrust claims in a putative class action by Boston-area taxi drivers, saying their argument that Uber Technologies Inc. had used predatory pricing to drive the cab companies out of the market and create a monopoly were not specific enough to proceed.
A special master appointed in a billing probe found misconduct on the part of the attorneys who led a $300 million class action settlement with State Street Corp. and recommended that a significant chunk of a $75 million fee award be returned, according to details revealed during a contentious hearing Wednesday in a Massachusetts courtroom.
A Massachusetts federal judge on Wednesday granted final approval to an $18 million settlement Aveo Pharmaceuticals Inc. reached with investors to close a five-year-old class action stock-drop case that was dismissed twice before it was certified.
Ixchel Pharma LLC urged the Ninth Circuit on Tuesday to revive its claims that Biogen Inc. entered an anti-competitive agreement with another company, saying a requirement that Ixchel allege an “independently wrongful act” doesn’t apply because there’s no employment contract involved.
Federal prosecutors petitioned a judge Wednesday to ensure that, if the wife of a former director at Akebia Therapeutics Inc. refuses to testify against her husband at his insider-trading trial in Boston next month, the government can call an FBI agent to relay statements she has made about the alleged scheme.
One investor backed by Glancy Prongay & Murray LLP is competing with another represented by Levi & Korsinsky LLP in separate bids filed in Massachusetts federal court Tuesday to be named lead plaintiff in a proposed class action accusing a bioscience company of withholding information about the toxicity of its signature muscular dystrophy treatment ahead of its initial public offering.
Sens. Bernie Sanders, I-Vt.; Elizabeth Warren, D-Mass.; and Kirsten Gillibrand, D-N.Y., expressed their concern Wednesday to National Labor Relations Board Chairman John Ring that the agency is looking to avoid ethical restrictions on board members by using the regulatory process to overturn the board’s controversial 2015 Browning-Ferris joint-employment decision.
The Massachusetts Supreme Judicial Court on Wednesday in a matter of first impression ruled that a minority shareholder in a limited liability company may be entitled to a little something extra if a secret merger takes place over his or her objection that it breaches fiduciary duty, but that remedy may not include calling off the union altogether.
A federal judge in Massachusetts on Tuesday beseeched three former State Street attorneys in Ireland and the Netherlands to testify voluntarily at a fraud trial next week of a former executive at the bank holding company, in a last-ditch effort to avoid questions about the trial's fairness that could be fodder for appeal.
Women have been gaining ground at Ogletree Deakins and Morrison & Foerster, but gender discrimination lawsuits against these firms and others suggest that expanding women's representation doesn’t necessarily lead to equal treatment.
U.K. law firms have come up with numerous approaches to a new requirement for disclosing gender pay gap information, and the ensuing PR storm is pushing them in conflicting directions.
Female law firm leaders have scraped their way to the top. Now they want to pull up other women, too. And this may be their toughest challenge yet.
Our latest Glass Ceiling Report shows that women remain underrepresented in the legal profession, particularly at the top levels of most — but not all — law firms. Here are this year’s Ceiling Smashers, our annual ranking of the firms with the most women in the equity tier.
A Massachusetts woman who was contacted by an allegedly unregistered debt collector about a clinical laboratory payment filed a class action lawsuit against the collector on Tuesday, claiming the company lacked proper licensure to try to seek payments from several thousand Bay State patients with outstanding medical bills.
A New York judge told a Massachusetts power plant developer Tuesday that he was inclined to halt its effort to redeem a $140 million letter of credit and let a unit of Spanish builder Iberdrola SA move forward with a related arbitration, saying the parties’ frequent trips to the courthouse looked like “wasted effort.”
The Federal Energy Regulatory Commission on Tuesday asked the D.C. Circuit to shoot down bids to review its approval of an Enbridge Inc. unit’s natural gas pipeline project, saying its environmental review of the project and a Massachusetts compressor station were proper.
A generator maker told a Massachusetts federal judge Friday that it should escape a competitor's suit that claims it has been selling the engines without a certificate required by the U.S. Environmental Protection Agency because the certificate is not, in reality, an EPA mandate.
Our latest survey of the largest U.S. law firms again paints a bleak picture for female attorneys. Here’s our breakdown of the data from this year’s Glass Ceiling Report.
Out of 94 district courts nationwide, the Eastern District of Virginia has the fastest civil trial docket in the country, now for at least the 10th straight year. The modern EDVA bench clearly takes pride in efficiently dispensing justice, and this dedication to efficiency has continued even in the face of increased filings, says Bob Tata of Hunton Andrews Kurth LLP.
Last month, a district court in Massachusetts ruled that a putative class action against Mercedes-Benz USA should remain in federal court. The case is a reminder that, though the defendant bears the burden of showing the amount-in-controversy requirement for removal has been met, determining that amount early in a lawsuit is not an exact science, says Allison Semaya of Weil Gotshal & Manges LLP.
With Mick Mulvaney gutting the Consumer Financial Protection Bureau, the burden of standing up to giant, deep-pocketed financial institutions falls more heavily on state attorneys general. But in the end, such efforts can’t replace the power the CFPB has to protect consumers across all states equally, says District of Columbia Attorney General Karl Racine.
Personal jurisdiction defenses are waivable and should be pleaded at the outset of litigation. Still, suppose a defendant, not recognizing the impacts of the Bauman and Bristol-Myers Squibb rulings, did not previously plead a personal jurisdiction defense, but now wants to do so. It’s not a good situation to be in, but it’s not hopeless, says James Beck of Reed Smith LLP.
The first quarter of 2018 has left little doubt that the momentum for U.S. offshore wind projects is increasing. The combination of federal and state policy support, and the Trump administration's commitment to streamlined federal permitting, presents an important opportunity for offshore wind developers, say members of WilmerHale.
In a recent op-ed, former U.S. Supreme Court Justice John Paul Stevens called for repealing the Second Amendment to help combat our nation's gun epidemic. Actually, it is the high court's ruling in District of Columbia v. Heller that is the problem. And it is only one court case away from being renounced as the historic blunder it is, says Robert W. Ludwig, counsel for the American Enlightenment Project.
Despite recent setbacks in state legislatures, this year's carbon tax push has been the most successful in American history, demonstrating that the idea has carved a place in our political landscape, says Ryan Maness, tax counsel at government relations services firm MultiState Associates Inc.
Recent updates to Massachusetts' law requiring gender equity in pay make it among the strongest of such laws in the U.S. However, the ability of companies to conduct proactive pay audits as an affirmative defense under the Massachusetts statute may offer employers the opportunity to substantially reduce the risk of future litigation, say consultants at Analysis Group Inc.
In recent weeks, regional transmission organizations have attempted to amend their Federal Energy Regulatory Commission tariffs to protect their energy and capacity markets from state subsidies for certain types of power generation. Such subsidies challenge FERC’s authority to effectively operate competitive wholesale markets, says Richard Drom of Eckert Seamans Cherin & Mellott LLC.
In the first installment of the series, Jeremy Abrams and Sebastian Watt of Reed Smith LLP seek to provide a high-level overview of the most significant corporate state tax issues after the Tax Cut and Jobs Act and use state-specific examples to show that while determining how a state will conform to the Internal Revenue Code is not always clear, taxpayer-friendly results are possible.