Litigation over alleged price-fixing in the lucrative market for artificial sweetener aspartame is about to expand, with two news suits filed and several more looming, according to attorneys involved in the matter.
As Krispy Kreme Doughnut Co. continues to struggle with a slew of financial and legal problems, a federal bankruptcy judge has confirmed the plan of liquidation for its bankrupt subsidiary, Freedom Rings LLC.
Because the bulk of expected witnesses in the General Reinsurance and American International Group Inc. scandal reside in the Connecticut area, U.S. District Court Judge Gerald Brice Lee has agreed to move the fraud trial of the three former executives to Connecticut from Virginia.
The law firm Orrick Herrington & Sutcliffe LLP has nabbed the Intellectual Property Practice co-head of rival Bingham McCutchen LLP, who will join the firm as a partner in its Silicon Valley office.
Matsushita Electric Industrial Co. Ltd. is firing back at Samsung SDI Co. Ltd. and has issued several counterclaims against the Japanese electronics rival’s alleged complaints of patent infringement on its plasma technology used in televisions.
German pharmaceutical giant Bayer Healthcare AG has sued generic drug maker Teva Pharmaceuticals USA Inc. in an attempt to thwart a generic version of its blockbuster eye infection drug, Vigamox, from entering the marketplace.
A group of brokers, including three former Refco Inc. securities dealers, have been charged by the U.S. Securities and Exchange Commission with a short-selling scheme to ruin a software company to benefit a Swiss client.
Pennsylvania-based law firm Reed Smith has announced its intention to merge with United Kingdom law firm Richards Butler, creating not just a large international law firm, but a sizeable securities and corporate group.
In a verdict that could have ripple effects throughout the wireless industry, a jury this week found that private wireless technology company PadCom’s patents covering mobile technology are valid, and that NetMotion’s Mobility software product infringes on those patents.
A federal court has transferred all but two of the cable properties owned by the disgraced Rigas family to Adelphia Cablevision LLC as part of a settlement deal with the Securities and Exchange Commission and the Department of Justice.
GlaxoSmithKline PLC will fork over $14 million to U.S. states in order to settle allegations that the drug giant forced government health plans to pay inflated prices for its widely-used antidepressant Paxil in a fraudulent scheme to block generic versions of the drug from being made.
A week after one of its units settled bid-rigging charges for $171.7 million, Zurich Financial Services, Switzerland’s largest insurer, agreed on Monday to pay $153 million to resolve similar allegations by New York, Connecticut and Illinois.
Nearly a year after filing suit, ePlus Inc. will finally get its day in court against German-based software manufacturer SAP AG, as the patent infringement lawsuit over electronic procurement systems heads to trial on Tuesday.
Sovereign Bancorp and its biggest shareholder Relational Investors LLC penned a settlement deal on Wednesday, ending a protracted legal dispute that has ensnared the two companies for the last five months.
The law firm Dickstein Shapiro has nabbed seasoned intellectual property attorney Laura Brutman in an effort to strengthen its growing New York practice.
A Pittsburgh man who attempted to take on the National Football League, claiming the Pittsburgh Steelers and other NFL franchises have used their monopoly power to bully taxpayers into footing the bill for stadium construction, will not get the chance to fight the dispute in the high court.
The Zurich American Insurance Company agreed to shell out $171.7 million as part of a settlement deal with Texas and a host of other states, putting an end to charges that it engaged in commercial insurance bid-rigging and price-fixing.
The latest attempt to harness Google Inc. has ended in a minor win for the Internet search company, which prevailed against an online publisher of sexual seduction guides who claimed Google’s Web search systems infringed his copyrights.
Sovereign Bancorp Inc.’s largest shareholder, Relational Investors LLC, has hired former U.S. Securities and Exchange Commission chairman Richard Breeden to act as an advisor as part of its efforts to secure two seats on the Sovereign board and promote a number of governance reforms.
Following an internal review of CVS Corp.’s accounting for a transaction in 2000, the controller and the treasurer of one of the nation’s biggest drug store chains have resigned.