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Massachusetts

  • July 7, 2015

    Santander Comes To Terms With Fed On Risk Management

    The board of directors of Santander Holdings USA Inc. agreed Tuesday to sit down and draw up a new plan to manage risk at its banks, in response to a Federal Reserve investigation that found the financial institution's current program wasn’t up to snuff.

  • July 7, 2015

    Ivanhoe, Callahan Drop $225M On 4 Beacon Properties

    Ivanhoe Cambridge and real estate private equity firm Callahan Capital Properties Inc. said Tuesday they have paid Beacon Capital Partners LLC more than $225 million for four properties with north of 2 million square feet combined.

  • July 6, 2015

    REIT Healthcare Trust Invested $190M In Second Quarter

    Healthcare Trust of America did $190 million in acquisitions across four U.S. markets — three of which are on the East Coast — in the second quarter, the Scottsdale, Arizona-based real estate investment trust announced Monday.

  • July 6, 2015

    Tribe Moves On Martha's Vineyard Bingo Casino Despite Suit

    A Native American tribe on Martha’s Vineyard is pushing forward with plans to build a gambling project on the Massachusetts island despite a pending decision in a lawsuit with the state over whether the tribe needs the state government’s approval.

  • July 6, 2015

    Knobbe Martens Twisting Facts In DQ Row, Court Told

    Canadian medical device company Neovasc Inc. has again urged a Massachusetts federal court to disqualify U.S.-based Knobbe Martens Olson & Bear LLP from representing its rival in a patent suit, saying the firm has mischaracterized the facts of the case in an attempt to confuse the court and escape disqualification.

  • July 2, 2015

    Harvard Says It Was Hit By Cyberattack

    Harvard University on Wednesday said that it discovered a breach of two of its IT systems last month, affecting eight colleges and administrations, and that the cyberattack is being investigated by federal law enforcement.

  • July 1, 2015

    CSX, Amtrak Challenge Mass. Employee Sick Time Rule

    CSX Transportation Inc., Amtrak and other rail carriers sued Massachusetts on Wednesday over the state's new paid sick time law, arguing that it shouldn't apply to them because of pre-existing legislation and union contracts.

  • July 1, 2015

    Nutter McClennen Bolsters IP Team With Ex-Locke Lord Atty

    Nutter McClennen & Fish LLP has bolstered its intellectual property and business practice in Boston with the addition of a former Locke Lord LLP attorney who concentrates his practice on domestic and international trademark clearance, trademark portfolio management and trademark and copyright licensing.

  • June 30, 2015

    H-2B Worker Class Settles Wage Suit With Carnival Co.

    A New Hampshire-based carnival company accused of underpaying employees and forcing them to pay expenses related to H-2B visas has reached a $900,000 settlement with the workers, according to court documents filed in Massachusetts federal court on Tuesday.

  • June 30, 2015

    Nexium Buyers Say 3rd Circ.'s Lamictal Ruling Backs New Trial

    Plaintiffs in the Nexium pay-for-delay antitrust class action urged a Massachusetts federal court to grant them a new trial Monday because of the Third Circuit’s recent Lamictal ruling that reverse payments do not need to include cash.

  • June 29, 2015

    Patricia Cornwell Wants Sidley DQ’d In Accounting Firm Row

    Best-selling crime writer Patricia Cornwell and her partner urged a Massachusetts federal judge Friday to disqualify Sidley Austin LLP from representing accounting firm Anchin Block & Anchin LLP in a suit over mismanaged finances, saying Sidley hid that it hired an ex-deputy U.S. attorney general who investigated Cornwell over campaign finances.

  • June 26, 2015

    Bristol-Myers Inks 208K-SF Mass. Lease With REIT Alexandria

    Bristol-Myers Squibb Co. has inked a deal with Alexandria Real Estate Equities Inc. that will allow the pharmaceutical giant to lease 208,000 square feet at the real estate investment trust's soon-to-be-started development project in Cambridge, Massachusetts, Alexandria announced on Friday.

  • June 26, 2015

    DirecTV Blasts State Tax Decisions In High Court Appeal

    DirecTV and Dish Network Corp. asked the U.S. Supreme Court to review decisions by state courts in Massachusetts and Tennessee upholding taxes on satellite providers, claiming the taxes violate the dormant Commerce Clause because cable companies don’t have to pay them.

  • June 25, 2015

    Mass. Pipeline Too Close To Blasting Zone, FERC Told

    Massachusetts officials asked the Federal Energy Regulatory Commission to pause construction of a natural gas pipeline until the agency reconsiders its approval, saying Tuesday the line runs dangerously close to an active blasting zone.

  • June 25, 2015

    Real Estate Rumor Mill: Castle Rock, HFZ, Samuels

    Castle Rock Equity Group reportedly picked up a luxury Philadelphia apartment building for $112 million, an HFZ Capital Group-led joint venture reportedly plans to inject up to $80 million into a pair of Detroit towers won at auction, and developer Samuels & Associates is buzzed to have an anchor tenant for a Boston office project geared for tech startups.

  • June 24, 2015

    $8M Fee Fight In Audi-VW Sludge MDL Spurs New Suit

    Irwin & Boesen PC’s fee fight with The McNulty Law Firm and Berger & Montague PC stemming from multidistrict litigation over oil sludge in Volkswagen AG and Audi AG engines escalated Tuesday when the firm launched a suit in Massachusetts federal court demanding its share of $8 million in fees.

  • June 24, 2015

    Mass. City Voters Advance $650M Waterfront Casino Plan

    New Bedford, Massachusetts, voters approved on Tuesday a proposed $650 million waterfront casino and an attached $50 million environmental cleanup project by casino developer KG Urban Enterprises LLC, which is expected to team up with the Mashantucket Pequot Tribal Nation if the project gets regulatory approval.

  • June 23, 2015

    Real Estate Rumor Mill: Italy, Dune, TripAdvisor

    Italian lawmakers are said to be reviewing measures to help banks cut an approximately $212.8 billion pile of nonperforming loans, while Dune Real Estate Partners is buzzed to have paid $42.3 million for a Miami airport-area hotel and TripAdvisor Inc.'s new Massachusetts headquarters reportedly traded to a U.S. Realty Advisors unit.

  • June 23, 2015

    Novartis Hit With Gleevec Sham Litigation Class Action

    ​Novartis Pharmaceuticals Corp. conspired to improperly withhold generic versions of Gleevec — a blockbuster leukemia medication — from the consumer market, two employee welfare funds alleged in a proposed class action filed on Monday in Massachusetts federal court.

  • June 23, 2015

    NFL Commissioner Hears Brady's 'Deflategate' Appeal

    National Football League Commissioner Roger Goodell on Tuesday heard New England Patriots quarterback Tom Brady’s appeal to his four-game suspension for his role in the so-called Deflategate scandal, in which footballs were found to have been deflated to below the allowed limit under league rules.