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TOP NEWS Ex-Barclays Traders 'Tainted' Euribor Rates, Court Told
Three former Barclays PLC traders were part of a conspiracy to cheat the financial system that “tainted” the integrity of a key interest rate benchmark used to price trillions of dollars of financial products, prosecutors told a London jury on Wednesday.
Curious Jury Gets Answers From Pathologist In J&J Talc Trial
A pathologist fielded questions in a California courtroom Wednesday from jurors considering whether Johnson & Johnson baby powder contained asbestos that caused a dying woman’s cancer, explaining that the asbestos amounts found in the woman’s lung tissue and lymph nodes were too high to have come from ambient air.
Opioid User Testimony To Be Key Factor In Mass. Insys Trial
The day before hundreds of potential jurors descend on a Boston courtroom for a closely watched criminal case accusing former Insys Therapeutics Inc. executives of bribing doctors to prescribe opioids, attorneys sparred Wednesday over what patients who took the drug can say during the 14-week trial.
Mo. High Court Hits Pause On Looming J&J Talc Cancer Trial
The Missouri Supreme Court has granted Johnson & Johnson's last-minute bid to pause a trial on claims that asbestos in the pharmaceutical giant's talcum powder products gave 13 women ovarian cancer, issuing a stay days before jury selection was scheduled to begin in St. Louis.
No Winner, No Loser In Steamboat Trademark Row
Two boat companies that had fought for years over claims they infringed each other's trademarks found out from a Delaware federal jury Wednesday that their entire fight was for nothing — no one's trademarks were infringed at all.
Ariad Exec’s Ex Gets 18 Months For Trading On Drug Info
The ex-husband of a former Ariad Pharmaceuticals executive was sentenced to 18 months in prison Wednesday for insider trades he made based on meetings his then-wife had with the U.S. Food and Drug Administration about the company's cancer drug.
Platinum Judge Sees No Misconduct, But Raps Gov't 'Candor'
A Brooklyn federal judge on Wednesday rejected the latest request from several Platinum Partners LLP executives to dismiss a criminal fraud case against them, saying there wasn't enough proof to support the idea that prosecutors hid evidence or fabricated threats to witnesses.
Dispute Over Ticket Autopricing Tech Goes Before NYC Jury
A Manhattan jury mulled Wednesday whether to award entrepreneur Shmuel "Sam" Sherman damages after his company accused a rival of poaching what Sherman calls revolutionary software that allows resale brokers to easily reprice inventory in the multibillion-dollar market for sports and entertainment tickets.
Jury Told Chemical Co. Must Pay For Worker's Asbestos Death
Counsel for the widow of a manufacturing plant worker who died of mesothelioma told a New Jersey jury during closing arguments Wednesday that asbestos supplier Union Carbide Corp. caused the "worst pain and suffering" possible and should be forced to pay damages to match.
Mo. Supreme Court OKs $29M Med Mal Award, Adds Interest
The Missouri Supreme Court on Tuesday affirmed a jury's $28.9 million award in a suit accusing a hospital of failing to diagnose a woman's rare genetic disorder, which caused permanent brain damage and paralysis, and ruled that postjudgment interest was improperly denied by the trial judge.
Mich. Atty Granted New Trial In Injury Referral Fee Fight
A Michigan appellate court said Tuesday improper jury instructions warrant a new trial in a suit accusing a firm of failing to pay a solo practitioner a $680,000 fee as part of a referral agreement in an auto collision suit that ended in a $10.2 million award.
King & Spalding Adds Gov't-Focused Partners In SF, DC
King & Spalding LLP is expanding its government-related practice groups with the addition this week of a former Georgia state legislator who recently helped screen judge candidates in filling vacancies on the bench, and a veteran U.S. Department of Justice prosecutor who sent corrupt judges to prison.
11 Military Leadership Principles To Build Winning Trial Teams
The “11 Principles of Leadership,” included in the Army Field Manual on Leadership in 1951, can easily be translated into strategies to build winning litigation and trial teams, says Astor Heaven of Crowell & Moring LLP.
A Closer Look At CFTC's Loss In Market Manipulation Case
While the New York federal court's decision in U.S. Commodity Futures Trading Commission v. Wilson may embolden defendants in CFTC and Federal Energy Regulatory Commission enforcement matters, the circumstances surrounding it should continue to serve as a caution to market participants, say Michael Brooks and Robert Pease of Bracewell LLP.
Arbitrators And Mediators Should Reflect Society's Diversity
Alternative dispute resolution providers have made great strides toward diversity, but recent statistics show there is still work to be done. There are certain steps ADR providers can take to actively recruit more women and minority candidates to serve as arbitrators and mediators, says James Jenkins of the American Arbitration Association.
Skadden To Pay $4.6M Over Ukraine Lobbying
Skadden Arps Slate Meagher & Flom LLP has settled claims by the U.S. Department of Justice over the firm's failure to register lobbying work for the Ukrainian government and agreed to pay more than $4.6 million in fees from the engagement, the DOJ announced on Thursday. Buckley Revamps Name, Leadership After Co-Founder's Exit
Financial services law firm Buckley Sandler LLP has shortened its name to Buckley LLP and reorganized its governance structure and leadership team, according to a news release Thursday, almost a year after one of its co-founders left the shop. King & Spalding, Ex-Atty Spar Over Experts In Firing Suit
King & Spalding LLP and a former attorney suing the firm for wrongful termination traded blows Wednesday in a flurry of filings seeking to discredit each other's expert witnesses, with King & Spalding saying one expert's estimate that the attorney suffered $21 million to $49 million in damages was not backed up by evidence. Law360's Weekly Verdict: Legal Lions & Lambs
Gibson Dunn, McGuireWoods and Sidley Austin top this week’s legal lions list with a Federal Circuit patent win for mobile phone companies, while Armstrong Teasdale was among the legal lambs after a court tacked interest onto a $29 million medical malpractice verdict against its client. Diversity's Next Step: Developing Minority Partners
The lack of minority partners comes at a high cost to firms, say attorneys at Lightfoot Franklin & White LLC, as they suggest several practical ways to tackle this problem.
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