Japan’s Otsuka Pharmaceutical Co. Ltd. has agreed to buy private equity-backed, Massachusetts-based clinical stage biotechnology company Visterra Inc. for $430 million in cash in a deal already approved by both their boards of directors, the companies jointly announced Wednesday.
U.S. Supreme Court nominee Brett Kavanaugh's record on immigration, employee rights and health care suggests he could side more closely with high court conservatives than civil rights advocates would like, paving the way for closely watched rulings on some of the nation's most controversial issues.
A Massachusetts federal judge awarded $1.5 million in attorneys' fees to Shire PLC on Wednesday, more than $1 million less than corporate counsel originally sought for prevailing in a patent bench trial that included a five-month intermission after the company's opponent unveiled corrected drug tests central to the case.
Pepper Hamilton LLP announced its seventh lateral partner hire of 2018 on Tuesday, adding a former Barrett & Singal partner with a focus on health care and white collar criminal defense to the firm’s Boston office.
A Massachusetts federal jury heard two rivals' differing accounts of who was the first to come up with a method for creating three-dimensional metal printing as a patent case that raced to trial in just four months opened Wednesday in a downtown Boston courtroom.
There's no argle-bargle in Judge Brett Kavanaugh's opinions. Instead, he's made a name for himself on the D.C. Circuit with clear, concise writing.
Puerto Rico and its federally appointed financial restructuring advisers urged the First Circuit on Monday to affirm a decision that has freed the commonwealth from an obligation to pay special revenue bondholders while it winds its way through bankruptcy-like proceedings, saying a reversal would “undermine critical infrastructure.”
The Rockport Co. LLC opened a Chapter 11 adversary suit against former owners Adidas AG and Reebok International Ltd. on Tuesday, aiming to shut down claims that entities created after the company's bankruptcy sale are jointly and severally liable for up to $54 million in post-closing adjustments.
Kazakhstan's national bank urged the First Circuit to reject a bid by two Moldovan oil and gas investors to pin down evidence to use abroad as they look to enforce a more than $506.7 million arbitral award against Kazakhstan, saying the petition is an attempted end-run around problematic English litigation.
Venture capital-backed biotechnology firm Replimune Group Inc. launched an initial public offering estimated to raise about $101 million on Tuesday, joined by a Washington state community bank planning a $38 million IPO, adding to a packed lineup of deals scheduled to price next week.
U.S. Senate Democrats have launched their drive to block President Donald Trump's choice of D.C. Circuit Judge Brett Kavanaugh for the U.S. Supreme Court, but the math indicates they must make sure their party ranks hold together.
D.C. Circuit Judge Brett Kavanaugh, President Donald Trump's nominee to replace retiring Justice Anthony Kennedy on the U.S. Supreme Court, has publicly shared his view that being a judge means following the law — not making it — being impartial and not acting like a jerk. Here, experts share with Law360 five tips for how he can adhere to that philosophy while navigating confirmation hearings.
A Pennsylvania federal judge ruled Monday that the U.S. Department of Justice must turn over some of the documents a Harvard Law School legal clinic had sought from a whistleblower lawsuit over a struggling Pittsburgh-based for-profit college provider’s student recruitment and loan policies.
Confirmation of President Donald Trump’s nominee to the U.S. Supreme Court, D.C. Circuit jurist and conservative all-star Brett Kavanaugh, would spell further trouble for federal agencies and so-called Chevron deference, but experts predict that the pro-regulation judicial doctrine is unlikely to be overturned completely in the near future.
Challengers to an $8.5 million settlement resolving claims that Google shared user search histories urged the U.S. Supreme Court to overturn the deal, saying the agreement — which provides millions to class counsel and the rest to third parties, including organizations tied to class counsel and the tech giant — is "clear abuse."
A noted Newton, Massachusetts, neurosurgeon says he was illegally detained and marched by Delta employees through a London terminal after falsely being accused of stealing a flight attendant’s bag, according to a $1 million lawsuit removed Tuesday to federal court.
Restaurant management platform Toast Inc. said Tuesday it has secured $115 million in a recent funding round that values the Boston-based startup at $1.4 billion, with the money earmarked to help boost research and development, recruitment and the company’s market presence.
The comptroller of an unnamed Massachusetts business admitted Tuesday in federal court to duping her employer out of more than $2.65 million by using a company credit card to fund personal spending that included purchases of expensive furs, dresses and jewelry.
A Massachusetts federal jury debated for less than an hour Tuesday before convicting two former biostatisticians at Akebia Therapeutics Inc. and Merrimack Pharmaceuticals Inc. of swapping confidential information on their companies’ investigational drugs to make illegal trades.
In D.C. Circuit Judge Brett Kavanaugh, President Donald Trump turned to a U.S. Supreme Court nominee who built a reputation on the court for fighting government overreach — making him the favorite of the Republican legal establishment.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
Much ink has been and will be spilled over the merits and complexities of the lawsuits brought against opioid manufacturers by 23 state attorneys general. However, for any company engaged in a consumer-facing industry, the progress of the recent multistate investigation offers lessons on what to expect when subject to this type of inquiry, says Richard Lawson of Manatt Phelps & Phillips LLP.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
In the marijuana industry, there is ambiguity surrounding failing businesses because the product remains illegal under federal law. Brett Theisen of Gibbons PC identifies the credit risks associated with lending to, or working with, a marijuana business and highlights key state law solutions for both debtors and creditors.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
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.
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.
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.
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.