Rockland Exposition Inc. has sued Great American Assurance Co. over the insurer's duty to defend and indemnify the automobile trade show promoter in a pending trademark infringement suit.
A district judge has made it clear that, while the lead plaintiffs in multidistrict litigation alleging Vonage Holding Corp. deceived investors in its initial public offering are free to switch the basis of several claims from accusations of fraud to ones of negligence, the window for reinstating the tossed claims will be a narrow one.
A federal judge has signed an order preliminarily approving a $1.4 million settlement between Walgreen Co. and purchasers of its Wal-Born products, who had claimed the company falsely advertised the ability of its product to prevent the common cold and offer protection from germs and viruses.
Saul Ewing LLP has added seven attorneys to its Wilmington, Del., office from Buchanan Ingersoll & Rooney PC, including three partners, one of whom was a co-chair of Buchanan Ingersoll's bankruptcy practice.
A bill that would have created a $500 million fund to subsidize solar energy in Texas will not become law this year, and other solar bills also failed as the state Legislature became bogged down in political maneuvering.
A federal judge has pushed up by over two years the shutdown date for three coal-fired boiler generating units owned by Duke Energy Corp. that have been emitting pollutants on the shores of the Wabash River since the 1950s.
Hospitals, blood banks and clinical laboratories accusing Immucor Inc. and a Johnson & Johnson subsidiary of fixing the price for widely used blood reagents have asked the court to consolidate the seven direct purchaser antitrust class actions facing the defendants.
Insurance benefits are sometimes used in bankruptcy to help fund reorganization plans for companies beset by asbestos and other mass tort claims. But while some attorneys view the option as an all-around win, others say insurers are starting to raise concerns about the practice.
The Federal Trade Commission and three drug wholesalers representing buyers of the testosterone supplement AndroGel have filed second amended complaints in their suits against several drugmakers claiming patent settlements over the drug thwarted competition and denied the buyers cheaper generics.
Signing off on the biggest securities fraud settlement ever struck in Europe, an Amsterdam appeals court has ordered Royal Dutch Shell PLC to begin payment of $381 million to a foundation representing more than 150 non-U.S. institutional investors to resolve a dispute over the company’s inflation of its oil and gas reserves.
A former Government Employees Insurance Co. claims examiner has hit the company with a proposed class and collective action that alleges the insurer shortchanges its employees as a matter of policy.
The Puerto Rico Army National Guard and another federal government entity will pay a fine and over $500,000 in repair costs to settle allegations over leaky underground storage tanks at a military base in Puerto Rico.
Norris McLaughlin & Marcus PA and Tallman Hudders & Sorrentino PC have announced plans to merge, a move that will create the largest independent business firm in the central New Jersey/Lehigh Valley region.
The U.S. Patent and Trademark Office has granted a request to re-examine a Merck & Co. patent covering blockbuster allergy drug Singulair that is at the center of a patent dispute between the company and generic drugmaker Teva Pharmaceutical Industries Ltd.
With the economic downturn and, in particular, the issues at AIG, there has been a lot of talk revolving around a federal insurance regulator. The state-based scheme of insurance commissioners, however, oversees a whole host of areas that would not translate well to a single federal regulatory scheme, says Matthew M. Burke, head of Ropes & Gray LLP's insurance litigation practice group.
Five environmental advocacy groups, including the Natural Resources Defense Council, have filed an amicus brief challenging Indeck Energy Service Inc.'s contention that a regional cap-and-trade system for power plants constitutes a tax that New York state administrative agencies don't have the power to levy.
The calculation of class damages in securities class actions should be reformed – the standard plaintiffs-side calculations typically shift alleged losses from one group of shareholders to another, and exceed both the importance of the alleged misrepresentations and the extent to which any wrongdoer was enriched, says Caryn Jacobs, co-chair of Mayer Brown LLP's securities litigation and corporate governance group.
Along with more government regulation of mergers and acquisitions, the near future will bring an increase in cartel enforcement actions and private litigation resulting from the economic downturn, as well as greater awareness of amnesty opportunities for antitrust offenders, says Bill Berkowitz, co-chair of Bingham McCutchen LLP's antitrust and trade regulation practice group.
More environmental law cases are expected as Superfund-like regimes and hazardous waste regulatory systems have been adopted around the globe and we are starting to see tougher enforcement of the same, especially in the European Union, says Eric Rothenberg, director of O’Melveny & Myers LLP's environmental practice.
In the latest twist in the long-running saga over Merck & Co.'s recalled painkiller Vioxx, the U.S. Supreme Court has agreed to consider the pharmaceutical giant's appeal of a lower court ruling that reinstated a securities class action alleging Merck covered up the health risks of the drug.