The Medicines Co. said late Thursday that it priced a $150 million private convertible senior notes offering, the proceeds of which the New Jersey-based biopharmaceutical company plans to use to fund the development of a therapy that has been shown to significantly reduce cholesterol linked to heart attacks and strokes.
Sanofi-Aventis US LLC told a Kansas federal court Friday that Mylan Inc. missed the mark when pointing to overlaps between Sanofi’s case accusing the EpiPen maker of employing anti-competitive tactics and suits from consumers over prices of the drug, arguing there’s enough difference to warrant transferring its case out of multidistrict litigation.
A New Jersey investment manager and former fire chief was convicted at trial for operating a Ponzi scheme that bilked hundreds of clients, including friends, family and associates, out of more than $10 million, federal prosecutors said Friday.
The legal sector was rocked by announcements of six massive law firm mergers in 2018, adding to a string of behemoth combinations over the past decade that many believe are leading to the consolidation of the industry into a handful of giants.
A federal judge Thursday quashed a New Jersey city's move to dismiss an Islamic center’s suit alleging that the assessment of tax liens against it and a refusal to approve a permit for construction of a mosque amount to discrimination.
Four former executives of the bankrupt Constellation Healthcare Technologies Inc. have been indicted for bilking investors out of $300 million in connection with a merger designed to take their publicly traded company private, New Jersey federal prosecutors said Thursday.
A New Jersey municipal court judge has been hit with an ethics complaint for making an allegedly inappropriate remark to a criminal defendant about a year ago regarding the conditions of her release, a comment the jurist denied could be interpreted as “sexual innuendo.”
A New Jersey federal judge on Wednesday appointed Levi & Korsinsky LLP as lead counsel in a proposed class action against Glencore PLC over investor losses allegedly tied to announcements that the United Kingdom and the United States are investigating the Swiss company’s overseas dealings.
With the U.S. Supreme Court opening the door to sports betting and criminal convictions stemming from a wide-ranging corruption probe into the dark underworld of college basketball, this year has seen some of the most significant sports law cases in years. Here, Law360 takes a look back at those cases and others that made 2018 such a big year for sports law.
Mercedes-Benz USA LLC and its parent company Daimler AG were hit with a lawsuit in New Jersey federal court Wednesday, claiming in the third putative class action of its kind that the companies knowingly sold vehicles with defective HVAC systems that create mold build-up and cause an "unbearable," foul smell.
A putative class of auto insurance customers and a putative class of health care providers are jointly suing Allstate over allegedly failing to properly reimburse health costs over car accidents that happened in Pennsylvania but occasioned treatment outside Pennsylvania, according to a suit removed to New Jersey federal court Wednesday.
A New Jersey federal judge on Thursday certified a proposed class action alleging a letter sent by a debt collector contained contradictory health insurance instructions, ruling among other things that the common claims in the suit would predominate over individual issues.
From a pitched battle over a U.S. Supreme Court nomination to a sea change in the way that legal employers consider their attorneys' mental health and well-being, these were some of the most significant events and trends to hit the legal industry in 2018.
The New Jersey Appellate Division on Thursday upended a trial court ruling in favor of Merck Sharp & Dohme Corp. in its rezoning challenge against Branchburg, saying the court improperly applied a new standard that presumed a municipal ordinance was invalid and placed the burden on the township to justify its necessity.
Drug wholesalers who directly purchased GlaxoSmithKline PLC's epilepsy drug Lamictal or a generic version from Teva Pharmaceutical Industries Ltd. won certification Wednesday in their antitrust suit alleging a settlement agreement struck between the two drugmakers delayed generic options from entering the market.
A since-slashed $289 million jury verdict in the first case to go to trial over claims that Monsanto's Roundup weedkiller causes cancer and a mix of verdicts in Johnson & Johnson topped the list of significant product liability cases of 2018.
Three proxy fights stood out in a busy 2018 for shareholder activism, with campaigns targeting gender diversity in a maternity retailer’s boardroom, a merger viewed as unfair to investors and the best route forward for an underperforming family-backed company.
This year may have been dominated by federal tax reform, but state and local policy practitioners were plenty busy, too, with issues such as the continued growth of the regulated marijuana industry and the uptake of local opportunity zones. Here, Law360 highlights some of the biggest state and local tax policy moves of 2018.
Andrew G.T. Moore II, a former justice of the Delaware Supreme Court whose time on the bench saw him author decisions that have become the bedrock of modern corporate law, has died at the age of 83, it was announced Wednesday.
A New Jersey federal judge Wednesday approved Mercedes-Benz USA LLC’s bid to remand to state court its antitrust suit alleging international shipping companies conspired to fix prices, rejecting their stance that the Shipping Act provided for federal jurisdiction since that statute does not allow such claims to be originally filed in federal court.
In the face of relative inaction by the federal government, state and local governments are increasingly combating the gender pay gap with various legislative efforts. Employers must be cognizant not only of laws existing in their jurisdictions, but also of those in others, say Brian Murphy and Jonathan Stoler of Sheppard Mullin Richter & Hampton LLP.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
A New Jersey federal court's decision in Cotto v. Ardagh — the first case to evaluate the employment rights of medical marijuana users in the state — provides persuasive authority that private employers are not obligated to waive or relax their drug testing requirements, say Jill Vorobiev and Melissa Ferrara of Reed Smith LLP.
Over the last two decades, the U.S. Environmental Protection Agency’s efforts to address interstate air pollution under the Clean Air Act have yielded a series of complex federal regulatory programs. However, it's now signaling a method that involves greater deference to states’ analyses and determinations, says Norman Fichthorn of Hunton Andrews Kurth LLP.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
The insider trading action against certain Fortress securities traders is one more example of the U.S. Securities and Exchange Commission relying upon analytical data to pursue what may be suspicious activity. But a New Jersey federal court's recent decision in the case reinforces that suspicious trades are not enough, say attorneys with DLA Piper.
There are several tools at the disposal of state policymakers — particularly within their state tax codes — to help alleviate some of the financial pressure families face when living at or near the poverty level, say Aidan Davis and Misha Hill of the Institute on Taxation and Economic Policy.
As part of Gov. Phil Murphy’s efforts to “modernize” business taxes, New Jersey recently enacted significant changes to its corporation business tax — furthered by a bill the governor signed on Oct. 4. Meant to provide only "technical corrections," the bill includes even more substantive tax changes, say attorneys from Reed Smith LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.