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  • April 13, 2016

    FedEx Drivers Lose Bid For 1st Circ. Rehearing

    FedEx drivers who claim the company misclassified them as independent contractors lost their bid Tuesday for the full First Circuit to reconsider the court’s finding that one prong of a three-part test to determine contractor status under Massachusetts state law was preempted by federal law.

  • April 13, 2016

    Blackstone Secures $335M Loan For Club Quarters Deal

    A Blackstone Group LP affiliate will pay for the acquisition of four Club Quarters hotels with a $335 million loan financed by global real estate investment manager Cornerstone Real Estate Advisers LLC, Cornerstone said Wednesday.

  • April 13, 2016

    Janssen Seeks Patent Trial To Halt Celltrion Biosimilar

    Janssen Biotech told a Massachusetts federal judge that it has “powerful evidence” showing patent infringement involving Celltrion’s newly approved biosimilar Inflectra and wants a trial later this year to block the drug's debut.

  • April 13, 2016

    Comcast Says NBC Station's Contract Sinks Antitrust Suit

    Comcast Corp. urged a Massachusetts federal court Tuesday to dismiss an antitrust and breach-of-contract suit brought by a spurned Boston NBC affiliate, saying the station failed to bargain for extension rights in its contract and now claims rights it’s not entitled to.

  • April 12, 2016

    1st Circ. Won't Review Class Denial In Defective Decks Suit

    The First Circuit on Tuesday declined to review a Massachusetts federal judge’s denial of class certification for a group of consumers alleging their Oasis brand wood-plastic composite decks were defective, saying they hadn't shown the judge’s analysis was sufficiently questionable.

  • April 12, 2016

    CVS Shoppers Ask 1st Circ. To Reverse Vitamin E Label Ruling

    A proposed class accusing CVS of misleading shoppers about the heart health benefits of its vitamin E supplements on Monday urged the First Circuit to reverse a Rhode Island court’s dismissal of the suit, arguing several studies contradict the retailer’s health claims.

  • April 12, 2016

    VC-Backed Biotech, Midsize Bank Boost Growing IPO Pipeline

    Venture-backed gene-editing biotech Intellia Therapeutics Inc. and middle-market bank Midland States Bancorp filed initial public offerings Monday, each seeking to raise $120 million, adding to a growing pipeline of IPO candidates.

  • April 12, 2016

    Skanska Sells Boston Property To Union Investment For $452M

    Swedish developer Skanska AB has sold a Boston office and retail building for $452 million to German real estate firm Union Investment Real Estate GmbH, according to separate announcements from the companies on Tuesday.

  • April 11, 2016

    Mass. Companies To Appeal $7.2M Notre Dame U. Ruling

    A real estate developer and a construction firm are taking their dispute with the University of Notre Dame (USA) in England over allegedly botched student housing in London to the First Circuit after a Massachusetts federal judge last week backed an English liability ruling and awarded the college a $7.2 million attachment.

  • April 11, 2016

    Bone Stimulator Co. Beats FCA Doc-Coaching Suit

    A Massachusetts federal judge on Monday axed a whistleblower’s long-running False Claims Act suit against medical device maker DJO Global Inc., finding that alleged coaching of doctors on treatment lengths was irrelevant to Medicare reimbursement for bone growth stimulators.

  • April 11, 2016

    Foley Hoag Nabs Capital Markets Pro From Locke Lord

    Foley Hoag LLP added a former Locke Lord LLP practice leader with expertise steering capital markets and other transactions for life sciences companies in an effort to further grow its strength in the securities and mergers and acquisitions spaces, the firm said.

  • April 11, 2016

    Philip Morris Urges Quick Ruling In Healthy Smoker Trial

    Philip Morris pressed a Massachusetts federal judge Monday for judgment on the remaining consumer protection law claim in a class action suit brought by healthy smokers seeking to bill the tobacco giant for annual health screenings, saying the judge can’t ignore a jury’s previous conclusion that its cigarettes weren’t defective.  

  • April 11, 2016

    Mass. Bumps Net Metering Cap To Spur Solar Projects

    Massachusetts Gov. Charlie Baker on Monday signed into law a bill raising the state’s net metering caps, allowing more electric customers with their own solar panels to take advantage of rate incentives to sell power back to the grid.

  • April 11, 2016

    Pats Fans Lose Bid To Restore Draft Pick In Deflategate Fight

    The New England Patriots will not be returned the first-round pick they were docked in Deflategate before the 2016 NFL Draft later this month after a Massachusetts federal judge said Friday a suit claiming the team and league breached an implied contract with fans over their handling of the scandal is doomed to fail.

  • April 8, 2016

    Apple Told To Aid Phone Probe In Mass., Unsealed Docs Show

    A Massachusetts federal judge recently ordered Apple to help the government unlock an iPhone seized from a suspected gang member, according to a docket unsealed Friday at the insistence of a privacy group that called the action vital in light of the rash of similar cases pending around the country.

  • April 7, 2016

    Court Backs English Liability Ruling Sought By Notre Dame

    A Massachusetts federal judge on Thursday confirmed an expert’s liability determination under an international arbitration convention against two companies accused by the University of Notre Dame (USA) in England of botching the renovation of student housing in London, and awarded the college a $7.2 million attachment.

  • April 7, 2016

    FERC-DOJ Teamwork Sets Stage For Increased Enforcement

    The recent, unprecedented guilty plea by Massachusetts power plant operators to charges they made false statements to a regional grid operator reveals a tight relationship between the U.S. Department of Justice and the Federal Energy Regulatory Commission's enforcement unit that could yield more criminal prosecutions from the former and more civil enforcement cases from the latter, experts say.

  • April 7, 2016

    Advent, Bain Trim Worldpay Stake In $1B Share Offering

    Advent International and Bain Capital sold nearly 14 percent of their investment vehicle’s stake in London-listed payments processing company Worldpay, a former RBS unit that went public in October, for £740 million ($1.05 billion) in an upsized share offering, according to a Thursday regulatory filing.

  • April 6, 2016

    BioPharma Services Provider InVentiv Files $100M IPO

    InVentiv Group Holdings Inc. a private-equity-backed owner of a business that provides services to biopharmaceutical companies, filed for a $100 million initial public offering Tuesday, marking the third filing in April and adding life to an IPO pipeline that has produced little action this year.

  • April 5, 2016

    Ex-State Street Execs Indicted Over Secret Commissions

    U.S. prosecutors revealed criminal charges against two former executives of State Street Global Markets LLC on Tuesday, alleging the pair secretly charged clients in Europe, the Middle East and Asia excess fees on services to move or liquidate large securities portfolios.