A former Barclays trader accused of manipulating Libor admitted at trial Wednesday to pushing the bank's rate submitters to put in higher or lower figures to suit the New York swaps desk, but claimed he always expected the submitters to do so “properly and honestly.”
The Utah Supreme Court on Monday upheld a $114.8 million judgment against PacifiCorp resulting from a jury siding with USA Power in a trial over power plant trade secrets, but refused USA Power’s bid to revive a breach of fiduciary duty claim against its former attorney.
A chiropractor was wrongly allowed to testify at trial over claims light therapy device ProNeuroLight seriously injured a patient, the Fifth Circuit has held, saying in a published decision that the lower court should have assessed the doctor’s qualifications first.
The best advice I can give to a young attorney is to have fun, which sounds pretty blase, but trying a case is about the most fun a lawyer can have. Oh, and don’t mess up, says Craig Margolis at Vinson & Elkins LLP.
A former Warner Chilcott PLC executive, days away from standing trial for allegedly conspiring to pay doctors kickbacks, on Tuesday asked a Massachusetts federal judge to throw out two allegedly irrelevant undercover audio recordings he believes the government will present as evidence.
The Bayer AG subsidiary that makes the Dr. Scholl’s Pain Relief Orthotics product line didn’t copy the logo of a rival foot care company that offers similar merchandise, a federal jury found Wednesday after a weeklong trial in New Jersey.
Throughout trial, I have a stack of post-it notes on which my second-chair is instructed to write the words “be nice” whenever I start to show too much contempt for the opposing witnesses. I also have two tins of Altoids at counsel table, one peppermint and one cinnamon. Absolutely imperative, says Matt Lalli at Snell & Wilmer LLP.
The widow of a well-known underwater videographer and photographer on Tuesday told jurors in her $25 million trial against Lamartek Inc., which manufactured an allegedly faulty breathing apparatus, that her husband's death not only robbed her of a companion and her children of a father, but also destroyed the family business.
A Florida jury on Tuesday slammed R.J. Reynolds Tobacco Co. with $12 million in punitive damages in an Engle progeny lawsuit brought by the widow of a retired U.S. Air Force serviceman who died of lung cancer after decades of smoking, bringing the total verdict to $18 million.
Indian superconglomerate Tata Group on Monday asked a Wisconsin federal court not to expand an April injunction barring its units from using stolen information about Epic Systems Corp.'s widely used health care software in the wake of a $940 million trade secrets verdict.
The U.S. Environmental Protection Agency on Monday pushed to disqualify a Bracewell LLP attorney who was a Bush-era EPA official from testifying in Murray Energy's suit over the agency’s alleged failure to assess the impact of air regulations on jobs.
The U.S. Commodity Futures Trading Commission says it’s “not humanly possible” that a Chicago trader didn’t intend to manipulate the market through the frequent cancellation of orders, telling an Illinois federal court Monday that he should be temporarily banned from the marketplace ahead of trial.
K&L Gates LLP announced Tuesday that a Vinson & Elkins LLP attorney has joined as a partner, bolstering the firm’s offerings in Houston with his substantial trial experience and focus on energy matters and environmental litigation, among other areas.
The question of whether the logo used on Dr. Scholl’s Pain Relief Orthotics product line infringes the trademarks of a small foot care company was placed in the hands of a federal jury Tuesday following a weeklong trial in New Jersey.
Ex-Sallie Mae CEO Albert Lord told a federal jury on Tuesday that he had no conversations with Rep. Chaka Fattah, D-Pa., about an illegal $1 million loan, allegedly paid back with misappropriated federal grant funds and charitable contributions, that he fronted to support the indicted congressman’s failed Philadelphia mayoral bid.
An Oklahoma federal judge refused to limit the testimony of a Halliburton hydrology expert during an upcoming trial over the company’s liability for alleged perchlorate contamination of groundwater related to work it did decades ago for the Department of Defense.
Great American Insurance Co. brought a lawsuit Tuesday arguing that it isn’t responsible for covering nearly $12 million in damages awarded to a community association managing two beachfront condominium towers in Panama City, Florida, after a jury held that former directors misused their positions.
A former Barclays Libor submitter accused of conspiring to manipulate the benchmark rate denied in a London court Tuesday that he was driven to tailor submissions by a desire to join the “big dogs” on the swaps desk.
A former assistant U.S. attorney with over 60 jury trials and 30 bench trials under his belt has joined Dickinson Wright PLLC in a continued expansion of its white collar team, the firm announced on Monday.
The FBI denied an Egyptian-born agent a counterterrorism promotion in favor of someone far less senior because of 9/11-related discrimination claims he was pursuing against the agency, counsel for the now-retired agent told a D.C. federal jury Tuesday at the outset of a workplace retaliation trial.