Massachusetts

  • May 29, 2014

    Cooley Adds Ex-Fish & Richardson IP Partner In Boston

    Cooley LLP has expanded its Boston-based intellectual property practice with the addition of a former Fish & Richardson PC principal and chemist with extensive experience working with the life sciences industry, the firm announced Wednesday.

  • May 29, 2014

    Man Group In Talks To Buy Investment Manager Numeric

    British hedge fund manager Man Group PLC on Thursday confirmed it is in discussions to acquire Boston-based investment fund Numeric Holdings LLC.

  • May 28, 2014

    JPMorgan, Homeowners Settle In Mortgage Modification MDL

    A Massachusetts federal judge on Wednesday preliminarily approved a settlement deal between JPMorgan Chase Bank NA and a class of mortgage loan borrowers who said the bank breached mortgage modification agreements under the federal Home Affordable Modification Program, tentatively resolving the long-running multidistrict litigation.

  • May 28, 2014

    Hiring Record Could Sustain ICE Race Bias Claim: 1st Circ.

    The First Circuit found recently that a U.S. Immigrations and Customs Enforcement field office's history of not promoting minority applicants could spur a reasonable jury to side with an ICE agent claiming the agency had discriminated against him.

  • May 28, 2014

    DLA Piper Guides PCCP's $98M Loan Toward Boston Project

    PCCP LLC has loaned $98 million to Northland Investment Corp. for construction of a 269-unit residential property in a suburb of Boston, the companies announced Tuesday.

  • May 27, 2014

    Mass. Enviro Testing Labs To Pay $1.8M Over Air Emissions

    Four Massachusetts environmental testing laboratories have agreed to pay $1.75 million for allegedly failing to obtain necessary state permits and control hazardous air pollutant emissions, according to a statement by state Attorney General Martha Coakley on Tuesday.

  • May 27, 2014

    Hayes Messina Lands Wolf Greenfield Patent Ace In Boston

    Boston-based litigation boutique Hayes Messina Gilman & Hayes LLC has landed a veteran patent trial specialist from Wolf Greenfield & Sacks PC with decades of expertise dealing with complex computer technology, the firm announced last week.

  • May 22, 2014

    Ariad Investors Decry Bid To Nix Failed Leukemia Drug Suit

    Ariad Pharmaceuticals Inc. shareholders urged a Massachusetts federal judge to not toss a consolidated class action over alleged false statements about Ariad's failed leukemia drug Iclusig, saying Wednesday that prior to a $310 million insider stock sale, the oncology company's directors concealed evidence that the drug would fail.

  • May 21, 2014

    Mass. Gaming Regulators Seek To Amend State Casino Law

    The Massachusetts Gaming Commission on Tuesday asked state lawmakers to make two amendments to the state's gambling law in order to raise its tax reporting thresholds on casino and horse-race winnings to federal standards and to relax casino employment prohibitions against criminals.

  • May 20, 2014

    Mass. AG Allows Partners' Hospital Tie-Up With Price Caps

    Hospital network Partners HealthCare struck a deal Monday with Massachusetts Attorney General Martha Coakley, clearing Partners' bid to acquire South Shore Hospital and Hallmark Health Systems after the network agreed to cap prices and limit its expansion for up to 10 years.

  • May 20, 2014

    K&L Gates Adds International Investment Management Partner

    K&L Gates LLP said on Tuesday it has bolstered its financial services practice area in its Boston and Pittsburgh offices with the addition of an ex-Reed Smith LLP attorney who has expertise in international investment management and private equity.

  • May 19, 2014

    NECC, Tenn. Reach $5M Deal Over Meningitis Outbreak

    The trustee for now-bankrupt New England Compounding Pharmacy Inc., which was linked to a fatal meningitis outbreak, agreed Monday to give the Tennessee Department of Health $5 million in unsecured claims to end administrative proceedings against the company claiming it had violated state pharmacy laws leading up to the outbreak.

  • May 19, 2014

    RE Rumor Mill: Blackstone, Record SoHo Sale, Apple

    Blackstone is reportedly selling five Boston-area properties for $2.1 billion, while Apple is said to be moving into New York's Upper East Side, and a SoHo retail space reportedly is selling for a new per-square-foot record.

  • May 16, 2014

    Wife Of Accused TelexFree Schemer Held After Flight Attempt

    The wife of a co-owner of bankrupt TelexFree Inc., which authorities have accused of running an elaborate $1.1 billion pyramid scheme, was detained as she tried to flee the country and is being held on a material witness warrant, prosecutors said Friday.

  • May 16, 2014

    Mass. Casino Hopeful Drops Appeal Claiming Pro-Tribal Bias

    Casino developer KG Urban Enterprises LLC, which is bidding for a gambling license in southeastern Massachusetts, on Thursday dropped its First Circuit appeal of a lower court’s dismissal of its suit alleging that the state’s gambling expansion law was unfairly partial to tribal gambling interests.

  • May 15, 2014

    In-House Lawyers Can Be Awarded Fees, Mass. Court Says

    A Massachusetts appeals court ruled Wednesday that companies can recover attorneys' fees for work done by in-house counsel on successful state unfair trade practices claims in a contract dispute between two companies that make light sticks and other luminescent products.

  • May 15, 2014

    Mass. High Court Says Open Conservation Land Is Tax Exempt

    Massachusetts' highest court ruled Thursday that maintaining open forest space for conservation activity qualifies as a charitable purpose under state law and exempts such land holders from local property taxes, handing a victory to a nonprofit group that challenged taxes on its land.

  • May 14, 2014

    Transit Agency Tenants Win Tax Exemption In Mass. Court

    All property owned by the Massachusetts Bay Transportation Authority is expressly exempted from taxation under state law even when leased by a private entity, a state appeals court ruled on Wednesday in a battle over the taxability of Boston’s historic South Station.

  • May 12, 2014

    TelexFree Exec Accused In $1B Scam Not A Fugitive, Atty Says

    The co-owner of bankrupt TelexFree Inc., which authorities have accused of running an elaborate $1.1 billion pyramid scheme, is not on the run and plans to fight the criminal charge against him, his attorney said Monday.

  • May 9, 2014

    Nationwide Challenges Arbitration Ruling Over Liberty Books

    Nationwide Mutual Insurance Co. and a subsidiary filed suit in Massachusetts federal court Wednesday in a bid to quash an arbitration order that curtailed its right to access Liberty Mutual Insurance Co.’s books before having to issue payments under a reinsurance treaty.