In a decision that will help corporations determine whether they can take litigation to federal court, the U.S. Supreme Court on Tuesday adopted a test that locates a corporation's principal place of business at its headquarters.
The head of Toyota Motor USA Sales Inc. on Tuesday defended the company's probe into the electronic throttle system on its vehicles as he faced a congressional firing squad over the automaker's handling of sudden unintended acceleration complaints.
A federal judge has thrown out suits by the Federal Trade Commission and private plaintiffs challenging patent settlements in which Solvay Pharmaceuticals Inc. paid generic-drug makers not to compete with its testosterone supplement AndroGel, joining other federal courts in upholding drug companies' right to make so-called reverse payment deals.
Ahead of a scheduled bipartisan summit on health care aimed at jump-starting overhaul efforts, the White House said Tuesday it was backing proposals to revoke the insurance industry's antitrust exemption, saying the repeal would ultimately complement health care reform.
Xerox Corp. has targeted Yahoo Inc., Google Inc. and Google unit YouTube for allegedly infringing the document management company's Internet search technology.
A federal judge has pulled the plug on Ashland Inc.'s suit alleging Oppenheimer & Co. misled it about the nature and risk of auction rate securities and then left the firm hanging with nearly $200 million in ARS after the bottom fell out of the market in 2008.
U.S. Environmental Protection Agency Administrator Lisa P. Jackson on Tuesday defended the agency's intention to push ahead with greenhouse gas emission regulation for stationary and mobile sources, albeit at a slower pace, responding to lawmakers' economic and scientific concerns.
Two members of the U.S. House Energy and Commerce Committee, which is planning a hearing on Toyota Motor Corp.'s recalls, have accused the company of failing to conduct a systematic investigation into sudden unintended acceleration in its vehicles and of making misleading statements about the issue to the media.
A federal appeals court has let AT&T Inc. off the hook in a proposed class action alleging the telecommunications company and several subsidiaries violated antitrust law by entering agreements with apartment building owners to be their exclusive provider of telephone, video and Internet “triple play” services.
The U.S. Supreme Court has asked that the solicitor general weigh in on whether a whistleblower can bring kickback claims against Ortho Biotech Products LP after the alleged scheme was already revealed in a multidistrict litigation.
The U.S. Supreme Court has declined to weigh in on a class certification order affirmed by a federal appeals court in a suit accusing Pacific Investment Management Co. LLC of monopolizing a futures market.
The White House on Monday unveiled its comprehensive proposal for health care reform legislation, tweaking aspects of bills passed by the U.S. House of Representatives and Senate and dropping some of the most controversial provisions in hopes of mustering enough bipartisan support to ensure passage of the reform package.
In the wake of what is widely considered to be Toyota Motor Corp.'s botched response to a series of massive vehicle recalls, law firms are seeing an opportunity to offer comprehensive legal crisis management services, but they have to tap the market strategically.
The U.S. government and several tobacco companies have asked the U.S. Supreme Court to review a landmark ruling over the companies’ alleged concealment of the effects of smoking, with the U.S. seeking the power to request as much as $280 million in disgorgement.
In the latest setback in Ford Motor Co.'s long-running Explorer rollover debacle, a California jury has reportedly awarded a $23.4 million verdict to a woman who became a quadriplegic after an accident in 2007.
Medical device company Hologic Inc. has agreed to pay $12.5 million to end a long-running patent battle with Johnson & Johnson unit Ethicon Endo-Surgery Inc., putting to rest three lawsuits over biopsy products.
Wireless communications provider Leap Wireless International Inc. has struck a $13.75 million deal to resolve a putative securities class action accusing it and several executives of making misrepresentations and omissions that inflated its stock price and ended up costing investors hundreds of millions of dollars.
In a reversal, California's high court has determined that under state law, companies that allow employees to take paid time off when they are sick need not let them use paid sick leave to care for ill family members.
The telecommunications equipment provider Alcatel-Lucent reportedly has agreed to pay €93 million ($126 million) to end investigations into alleged bribery in several countries.
With at least one expert estimating that Toyota Motor Corp. could be on the hook for up to $5 billion in legal claims, now is the time for the beleaguered carmaker to put together a litigation strategy that could minimize the damage resulting from its mass recalls, experts said.