In the midst of a recession that has curtailed deal-making, Sidley Austin LLP's Chris Abbinante brokered Bill Me Later Inc.'s $945 million acquisition by eBay Inc. and recruited six private equity attorneys, making him one of Law360's 10 corporate finance lawyers under 40 to watch.
A federal judge has dismissed a consolidated class action lawsuit accusing a slew of major title insurers of conspiring with an Ohio rating bureau to fix prices in violation of federal and state antitrust laws.
A federal judge has dismissed KPMG LLP from a lawsuit filed by a group of hedge funds seeking to recover investor losses related to Bernard L. Madoff's massive Ponzi scheme, one day after letting it out of a separate but related putative class action alleging securities fraud and common-law claims.
A judge has adopted a magistrate judge's recommendations and ruled that federal antitrust claims should move forward — and state law claims should be dropped — in Univac Dental Co. and Lactona Corp.’s lawsuit accusing Dentsply International Inc. of engaging in anti-competitive practices to maintain its dominant position in the dentures market.
An Ohio woman who claimed that Wyeth Pharmaceuticals Inc.'s hormone treatment gave her breast cancer will not have a chance to appeal a lower court ruling that overturned a verdict in her favor.
The state of Louisiana will be able to pursue damages against Merck & Co. Inc. for Medicaid payments for the discontinued painkiller Vioxx under a state law that allows for a full refund for defective products.
Donald Anthony Walker Young, president of Pennsylvania-based investment firm Acorn Capital Management LLC, has been hit with a criminal indictment for allegedly running a $25 million Ponzi scheme.
Rep. Edward Markey, D-Mass., has announced he will reintroduce legislation to penalize companies that let leased oil drilling rights lay dormant, as President Barack Obama moves forward with plans to open new areas of the Outer Continental Shelf to oil and gas drilling.
A federal judge has signed off on a $20 million settlement between Eli Lilly & Co. and the state of Louisiana in the multidistrict product liability litigation over Eli Lilly's off-label promotion of its antipsychotic Zyprexa, the latest in a string of the drugmaker's deals with state attorneys general.
A judge has dismissed securities fraud and common law claims against auditors Ernst & Young LLP and KPMG LLP in a putative class action lawsuit brought by Tremont Partners Inc. hedge fund investors over losses in assets invested with convicted Ponzi schemer Bernard L. Madoff.
In an unusual case where the failure of a group of Chinese makers of heavy forged hand tools to properly serve a preliminary injunction order resulted in the manufacturers being assigned lower anti-dumping duties, a judge has thrown out a suit by a domestic producer seeking to have the duties reliquidated at a higher rate.
Video game maker AMI Entertainment Network Inc. whacked A&E Television Networks LLC with a lawsuit Wednesday, accusing the cable network of infringing its “photo hunt” trademark in a video game related to popular television series “The Sopranos.”
Paint and finishing manufacturer PPG Industries Inc. has added rival Mil-Spec Coatings & Supply LLC to a list of individual defendants accused of competing unfairly by stealing trade secrets and breaching noncompete agreements.
A federal judge has declined to reopen a putative class action filed by a group of municipal benefit funds over Cephalon Inc.’s alleged promotion of several drugs for off-label uses.
Facing increasing competition and a sludgy economy, corporate law firms may want to copy McKool Smith PC's moneymaking strategy of taking on work for plaintiffs, but experts say crossing over comes with risks as well as rewards.
Grocery chain Supervalu Inc. has become the latest major retailer to accuse The Hershey Co. and a host of other chocolate makers of fixing the prices for chocolate candy in the U.S. in order to combat a stagnating market for the products.
A group of technicians has hit Carl Zeiss Meditec Inc. with a proposed collective action, alleging the medical device company illegally reclassified them as exempt from the Fair Labor Standards Act and denied them overtime pay.
Two subsidiaries of snack food company Snyder's of Hanover, which specializes in pretzels, have agreed to pay $10 million to settle class and collective action allegations that they misclassified their delivery drivers as independent operators rather than as employees.
A federal judge has largely preserved antitrust claims in 16 cases lodged against Cephalon Inc. and other drugmakers over allegations that they struck anti-competitive deals in patent suits to keep generic forms of narcolepsy treatment Provigil off the market.
In 2008, Akin Gump Strauss Hauer & Feld LLP partner Steven Maslowski brought a $300 million patent suit against Ethicon Endo-Surgery Inc. to a halt midtrial by eliciting new testimony during cross-examination — just one achievement that has earned him a spot on Law360's list of 10 intellectual property lawyers under 40 to watch.