Century Indemnity Co. has filed a lawsuit against General Cable Corp. and a slew of insurance companies seeking a judgment as to who should cover expenses related to thousands of asbestos-related lawsuits pending against the cable manufacturer.
Prosecutors have agreed to drop a five-year-old criminal case against two former Bristol-Myers Squibb Co. executives accused of misleading investors about a profit-inflation scheme provided that they behave themselves over the next year.
On the heels of two new Journal of the American Medical Association reports linking GlaxoSmithKline PLC's Avandia to stroke and heart failure, lawmakers have again called for the U.S. Food and Drug Administration to knock the diabetes drug off pharmacy shelves.
A judge has decertified an overtime collective action brought by a group of former Wal-Mart Stores Inc. janitors who are illegal immigrants, saying the plaintiffs failed to show they are similarly situated.
Teva Pharmaceuticals USA Inc. has lost its bid to overturn a magistrate judge's denial of its request for access to communications between plaintiff Eisai Co. Ltd. and the U.S. Patent and Trademark Office in a patent infringement suit over Alzheimer's drug Aricept.
A subsidiary of the Port Authority of New York and New Jersey has accused a Liberty Mutual unit of reneging on a contractual duty to indemnify, seeking a declaration that Liberty must pay for a $7 million jury verdict in an underlying negligence suit currently on appeal.
The U.S. Supreme Court decided Monday to hear a challenge to an Arizona law that requires employers to confirm the immigration status of potential workers using the E-Verify federal database, as more and more states mull similar legislation.
Lockheed Martin Corp. has lost a bid to block companywide discovery in a lawsuit from a female engineer alleging the defense contractor systematically passes over female employees for upper-level management positions.
Zydus Pharmaceuticals USA Inc. has admitted to infringing Meda Pharmaceuticals Inc.'s patent for azelastine hydrochloride nasal spray and consented not to attempt to market a generic version without Meda's consent.
A magistrate judge has ordered State National Insurance Co. to produce an insurance expert for deposition in its suit against Camden County, N.J., over coverage for a legal defense team that lost a $19.5 million verdict in a personal injury case.
The Chapter 11 examiner overseeing the bankruptcy proceedings of Trump Entertainment Resorts Inc. is asking to be relieved of his duties in the case, despite an ongoing appeal by billionaire investor Carl Icahn over the casino company's reorganization plan.
Dechert LLP has snagged a trio of financial regulatory and transaction partners from Fried Frank Harris Shriver & Jacobson LLP, including the chair of Fried Frank's Financial Institutions Transaction Group.
A federal judge will not reconsider his decision to allow a securities suit alleging Schering-Plough Corp. hid or misstated the relatively poor performance of its anti-cholesterol drug Vytorin, even in light of the U.S. Supreme Court's decision in Ashcroft v. Iqbal.
A federal appeals court has dismissed an appeal by a representative of future asbestos claimants against Congoleum Corp. that contested the terms of the bankrupt flooring company's $25 million settlement regarding asbestos-related claims that may be asserted against a pair of the debtors' insurers.
A federal judge has refused to dismiss claims Commerce Bank brought against founder and former head Vernon Hill over his use of intellectual property, including trademarks and logos such as the bank's giant red “C,” that he helped create during his more than 30 years with the bank.
A federal judge has refused to reconsider a decision to reinstate a patent for allergy drug Allegra in a long-running infringement suit brought by Aventis Pharmaceuticals Inc. and others against Impax Laboratories Inc., Mylan Pharmaceuticals Inc. and Dr. Reddy’s Laboratories Inc.
A federal court has tossed Tullett Prebon PLC's suit against rival interbroker-dealer BGC Partners Inc., which allegedly poached dozens of employees from Tullett's U.S. subsidiaries and caused a $387 million drop in Tullett's market value.
A federal court has tossed the claims of a proposed class representative in a New Jersey class action over the recall of heart drug Digitek, another win for drug companies Actavis Inc. and Mylan Inc.
Corn refiner and ingredient giant Corn Products International Inc. said Monday that it had bought Akzo Nobel NV's National Starch unit for $1.3 billion, creating what Corn Products officials said would be a fast-growing global ingredient behemoth with as much as $5 billion in revenue potential.
Tarragon Corp. won approval Friday for its Chapter 11 plan, which calls for the real estate developer to shed some assets but preserves a group of investment properties that will remain a viable operating enterprise owned by creditors and Tarragon management.