In a move that may thwart Chinese knock-offs of the popular anti-erectile dysfunction drug Viagra, a Beijing court has ruled that China’s patent review board erred when it invalidated Pfizer Inc.’s patent, marking the latest turn in the country’s attempts to quell pharmaceutical piracy.
A court in Parma, Italy kicked off the main criminal proceedings Monday in Parmalat’s $18 billion collapse, with 64 former executives, financial advisers and bankers on the hook for fraud allegations that contributed to one of Europe’s largest corporate debacles.
A bankruptcy judge has stopped a small cable television channel from interfering in the impending sale of bankrupt Adelphia Communications Corp. with an antitrust lawsuit.
On the heels of last week’s settlement announcement, Austrian lender BAWAG PSK Group has revealed that it will pay at least $675 million to federal regulators for its alleged role in the collapse of futures broker Refco Inc.
Marking the latest in a recent onslaught of litigation, Clear Channel Communications Inc. has been slapped with a lawsuit that accuses the entertainment giant of unfairly jacking up concert ticket prices by severely restricting competition on its radio stations.
An angry rival of Lockheed Martin Corp. has hit the defense contractor with a countersuit, claiming Lockheed used intimidation tactics and “sham litigation” to block the rival from bidding on a $1 billion military training contract.
In a setback for Infineon Technologies AG, a California district court has denied the German semiconductor maker’s attempt to dismiss a U.S. class action on behalf of shareholders who claimed Infineon inflated its share price through cartel deals.
Shareholders have amended their class action complaint against the executives, underwriters, and auditors of Italian dairy giant Parmalat SpA, adding allegations that target the company itself.
As voice over Internet protocol (VoIP) technology gains popularity, so does litigation over the patents for it, most recently causing Internet service provider Net2Phone to file a suit against Skype Technologies SA and parent company eBay.
Still trying to recover from the massive accounting fraud dubbed “Europe’s Enron,” Italian dairy conglomerate Parmalat Finanziaria SpA has scored a four-month extension of a U.S. court protection order against its creditors.
Facing a whopping $17.8 million in legal fees, the infamous former chief executive officer of industrial conglomerate Tyco International Ltd. has asked a Manhattan court to compel a Bermuda insurer to turn over documents that might help determine who should pick up the massive tab.
In a bid to avoid a criminal indictment in the United States, Austrian lender Bawag PSK Group has settled out of court with federal regulators for an amount that may exceed $600 million for its alleged role in the collapse of futures broker Refco Inc.
Less than a month after Mario Gabelli agreed to pay $100 million to settle allegations of share manipulation, the famed money manager is in talks with the U.S. Department of Justice in order to resolve civil fraud claims in a separate case alleging the tycoon’s use of sham businesses in federal cell phone spectrum auctions.
Adelphia Communications Corp. can breathe a sigh of relief now that a judge has extended the deadline for creditor approval of its Chapter 11 reorganization plan, giving the company two more weeks to resolve a dispute between noteholders that is holding up the process.
One week after guilty verdicts were handed down against Enron’s two top former executives, the beleaguered oil giant has reached a settlement with Vinson & Elkins LLP, a prominent Texas law firm that had been accused of negligence in the watershed corporate scandal.
Less than a month after Silicon Graphics Inc. asked a bankruptcy court to limit large trades of its equity, the high-performance computer maker has won final court approval to do so in a bid it hopes will help to protect certain tax benefits.
Businesses could be inadvertently committing fraud and putting themselves at risk of having their trademark registrations canceled in light of a quiet three-year-old decision by the Trademark Trial and Appeal Board that has fundamentally changed the way that trademark registrations are handled in the United States, experts say.
While other firms may inflate attorney numbers to make it seem as though they are a top-dog in the competition arena, the antitrust practice group at Weil Gotshal & Manges’ Washington, D.C. office sees no need for such window dressing.
New York State Comptroller Alan G. Hevesi is asking a federal judge to remove recently indicted law firm Milberg Weiss as counsel for the lead plaintiff in a class action securities suit against Bayer AG.
Heller Ehrman LLP may have only set up shop in Washington, D.C. a little over a decade ago, but the attorneys there and the firm itself have been in the antitrust game a long time.