Eli Lilly's defense lawyers at Covington & Burling are on a roll in a string of lawsuits accusing the drug maker of misrepresenting the withdrawal risks of its blockbuster antidepressant, Cymbalta.
Former Washington, D.C., attorney general Linda Singer bore the brunt of a skeptical New York Times report on private firms that coax state AGs into action.
Just weeks after Target Corp. failed to escape claims that it's liable for a massive data breach that cost banks billions of dollars, a judge refused to dismiss most of a proposed consumer class action over the same late-2013 hack attack.
Lawyers for the student-athletes, led by Hagens Berman's Steve Berman, would have gotten at least $15 million in fees and up to $750,000 for out-of-pocket expenses under the settlement, all of which would have come out of a $70 million medical monitoring fund.
Unilever, the maker of Hellmann's Real Mayonnaise, abruptly dismissed its own false advertising suit against eggless mayonnaise upstart Just Mayo.
David Wasinger's whistleblower clients helped the government collect a whopping $2.2 billion from Bank of America and JPMorgan this year. They've been awarded roughly $123 million for their troubles, suggesting that Wasinger and his tiny firm will be enjoying happy holidays indeed this month.
Plaintiffs lawyers kept a billion-dollar antitrust class action against Apple smoldering for a whole decade, until Isaacson and Dunn stepped in to douse the flames.
After driving online TV startup Aereo out of business, the broadcast networks are fighting to lift a hold on litigation stemming from the company's Chapter 11 filing so they can press their infringement claims and secure their pound of flesh.
Days after David Boies threatened major media organizations over hacked Sony emails, his firm has picked another fight with a respected news outlet, accusing Forbes of publishing "a hit piece of the worst sort" about an aide to former Mexican President Felipe Calderón.
Accused of inundating the country with addictive painkillers, drug companies went on the attack against their accusers. This week plaintiffs lawyers representing the city of Chicago took a step toward putting the drugmakers back on the defensive.
Less than a week after a judge blocked Actavis from forcing patients to switch to new version of its Alzheimer's drug Namenda, the company brought on new legal firepower from Arnold & Porter and Wachtell, Lipton, Rosen & Katz to take the case to the Second Circuit.
The Securities and Exchange Commission's enforcement action against an accused insider trader appears to have unraveled, as the agency admitted Monday that it can't produce two key witnesses to testify about an alleged tip-off regarding Herbalife Ltd.
Soon after swooping in to represent Sirius XM Radio in potentially industry-shaking copyright litigation, O'Melveny & Myers suffered a nasty setback when a judge ruled that newly-cited precedent trumpeted by the firm had been overruled 60 years ago.
Monday's petition—should the Supreme Court grant it—raises the prospect of a high court showdown between former U.S. solicitor general Paul Clement and David Boies of Boies, Schiller & Flexner over Barclays' firesale acquisition of Lehman Brothers' brokerage business.
In a case pitting former U.S. solicitor general Seth Waxman against a solo attorney who invented a web-slinging toy with his son, the Supreme Court agreed to reconsider 50-year-old precedent on whether royalty requirements can extend beyond a patent's expiration.
A Manhattan federal judge has injected new doubts into a string of cases challenging an increasingly common tactic by the Securities and Exchange Commission: pursuing fraud and insider trading claims in agency enforcement proceedings, rather than in federal court.
Shearman & Sterling's Fishbein, who argued the successful insider trading appeal in U.S. v. Newman alongside Mark Pomerantz of Paul Weiss, says it's wrong to think that the Second Circuit made insider trading too tough to prove. But, he says, "it's going to be harder to prove when the defendants are innocent."
A decade after a crackdown that was supposed to rein in research conflicts at Wall Street banks, the industry's self-regulator levied $43.5 million in penalties Thursday against 10 leading banks accused of using their research analysts to drum up investment banking business.
Dredging up memories that the company would sooner forget, Deloitte & Touche LLP is suddenly facing a trial over its role as auditor for Adelphia Communications Corp., the once-mighty cable company that imploded spectacularly in 2002.
The search giant's lawyers at Kilpatrick Stockton & Townsend failed to overturn a damages verdict handed down earlier this year by a jury in Marshall.
Cutting short a dispute over how to sort out damages for roughly 300 plaintiffs in the wake of a landmark terrorism financing verdict, a Brooklyn judge ordered a bellwether trial to begin in May 2015.
In his 16 years as a judge, U.S. District Judge William Pauley III in Manhattan has surely seen uglier cases than a legal brawl between two ex-service members who made a fortune contracting for the U.S. military. But the "litigation bonanza" clearly got under Pauley's skin.
Are you looking to make extra money trading on inside information, but worried about the risks? The U.S. Court of Appeals for the Second Circuit has good news for you.
A judge is continuing to dole out prison sentences for associates of fraudster Bernie Madoff, though so far this week the defendants have gotten away with lighter terms than prosecutors sought.
Instead of putting damages before a jury early next year, Arab Bank's lawyers at DLA Piper want a judge to adopt a $12 million award levied against Iran in a related case, and to enter judgment so that their client can hurry up and appeal.
After failing for two years to neutralize Dish Network's ad-skipping AutoHop feature in the courts, CBS reached a deal over the weekend that will keep the ads flowing.
A Second Circuit panel concluded that trustee Irving Picard's bid to claw back about $1.6 billion in "fictitious profits" from Madoff investors is barred by a provision of the bankruptcy code that was designed, ironically, to minimize uncertainty in the securities markets.
Should bond investors be able to appeal a key ruling gutting private litigation against banks that allegedly manipulated Libor? Or, as the banks argue, does their bid to challenge the ruling early represent a threat to the lower courts and the multidistrict litigation process?
A divided ruling on Friday shows that months after Alice v. CLS Bank, the Federal Circuit still can't agree about patent eligibility.
After more than a decade of litigation over a high- tech surgical knife, a unit of Johnson & Johnson has finally won a ruling that its device doesn't infringe a competitor's patent.
Wick twice persuaded the Seventh Circuit to throw out $3.5 billion in price-fixing claims against Asia-based LCD panel manufacturers, winning a decision last week with important implications for other foreign and U.S. companies.
Acacia Research Corporation escaped a big chunk of Samsung's suit, but it lost a bid to dismiss claims that it reneged on a deal not to sue Samsung's customers for patent infringement.
The SEC's award is far less than the $2 billion that the agency was seeking. But it may be more than enough to frustrate plaintiffs lawyers pressing a parallel investor class action against the "life settlement" company and its executives.
Sirius XM Radio reacted to a string of courtroom losses by firing its law firms and bringing in new lawyers from O'Melveny & Myers. Can the firm reverse its client's fortunes by citing a ruling from radio's golden age?
Six weeks after Facebook sought revenge on Paul Ceglia's lawyers, one of the defendants is hoping to turn the tables yet again.
The patent bar will be watching closely this week when the Federal Circuit hears the first appeal of a PTAB decision related to a covered business method patent.
With just four lawyers, Wilmington's Friedlander & Gorris is giving corporations and their directors a run for their money.
The November midterm elections showed the Republicans' electoral ascendancy in Congress and many state legislatures. But the future of the party's dominance may hinge in part on a case that the U.S. Supreme Court took up the month before.
Gay won a key procedural ruling for client Colgate-Palmolive in tort litigation over talcum powder.
In the end, the biggest defendants in the Longtop class action remained beyond the plaintiffs' reach.
To get these babies together took lobbying the House minority leader, and melting the heart of ICE.
Online streaming company Aereo Inc. filed for bankruptcy protection last week. But its competitor FilmOn X LLC is still alive and kicking, clashing with the broadcast networks in court and pressing the FCC for the right as a Web-only video distributor to retransmit broadcast signals.
With his latest victory at the Seventh Circuit, Frank says his Center for Class Action Fairness has wiped out more than $270 million in fees for plaintiffs lawyers who negotiated settlements that stiffed class members.
The N.Y. ruling comes seven months after the Delaware Supreme Court held that courts should use the management-friendly business judgment rule to review going-private deals like the buyout planned for Kenneth Cole.
Five months after the U.S. Supreme Court decided Aereo's business model was in direct conflict with copyright law, the online television company announced Friday that it filed for bankruptcy protection. But Aereo says its lawyers still have plenty of work to do.
The U.S. Supreme Court is used to arguments over what words mean—hence the terms "originalist" and "textualist" and the quarrels over congressional intent. Next month the court will hear oral arguments in a case that engages words in a uniquely modern context: one involving rap music and social media.
After two codefendants fled a billion-dollar trial over catastrophic pollution with a last-minute settlement, Carter and his client faced the jury alone and walked away with a take-nothing verdict.
Is pro bono about feeling good, or maximizing legal services for the poor?
A magazine giant inked a settlement to escape one intern class action while a fashion icon got roped into another.
LexShares, a crowdfunding platform aimed at financing lawsuits, is banking on the notion that mainstream investors will want to cash in on the growth of third-party litigation funding.
After a string of adverse rulings in a battle over the rights to pre-1972 music, Sirius XM Radio Inc. has completely replaced its legal team with a squad of lawyers from O'Melveny & Myers, led by Daniel Petrocelli.
In a decision that upsets the status quo for the music and copyright worlds, a New York federal judge ruled that the owners of pre-1972 sound recordings have performance rights to their songs and can therefore sue for copyright infringement.
Evidence that Unilever altered its website to buttress false advertising claims against Just Mayo provoked a new round of bad press—and possibly ammunition for Boies Schiller to fight the company's preliminary injunction bid.
Wilmer's Seth Waxman, along with Steven Kuney of Williams & Connolly, cast Dean Foods v. Food Lion as a chance for the Supreme Court to clear up confusion over the ingredients for a successful summary judgment motion. But the justices didn't take the bait.
Thanks to what one judge called an "ill-conceived amendment" to the 1934 Exchange Act, an appellate panel held that the SEC doesn't have to hand over documents regarding the handling of investor complaints by the Financial Industry Regulatory Authority.
After almost half a decade as a poster child for Wall Street greed and incompetence, investment adviser Wing Chau won a measure of sympathy from a judge on Friday. But for Chau and his lawyers at MoloLamken, the news is too little, too late.
The team led the army of Jones Day lawyers that shepherded Detroit through its historic bankruptcy—and possibly the start of the city's resurgence.
Sometimes bad advice is negligence, and sometimes it's just bad advice.
Why is it so hard for the government to identify the people who are gaming our financial system?
The Supreme Court's rulings in Bell Atlantic v. Twombly and Comcast v. Behrend made it tougher for plaintiffs to survive dismissal motions and win class certification. Now, says U.S. dairy giant Dean Foods, the court should go one further.
An apparent slip-up by a Patton Boggs paralegal last June is still haunting newly-formed Squire Patton Boggs, which must convince a judge this week that it shouldn't be disqualified from a multibillion-dollar trademark lawsuit that's already earned the firm more than $12 million in fees.
Boies Schiller's Josh Schiller says Unilever's false advertising suit against the maker of Just Mayo is nothing more than "a transparent attempt" to drive away competition from best-selling mayonnaise brands Hellmann's and Best Foods.
By refusing to hear the case on Monday, a lawyer for the plaintiff said the U.S. Supreme Court tacitly affirmed the Eighth Circuit's holding that judges weighing Daubert challenges are limited to assessing an expert's credentials and methodology.
A hearing next week could determine the fate of 600 consolidated cases claiming that Pfizer's blockbuster antidepressant causes birth defects when taken by pregnant women.
In the wake of his $200 million loss to the SEC, Samuel Wyly asked a bankruptcy judge to approve a personal spending plan that includes nearly $2 million in legal expenses for November and December.
Vermont attorney general Bill Sorrell said he welcomed news that MPHJ Technology Investments has made a deal with the FTC to stop intimidating businesses with allegedly bogus infringement claims. But he said the agency's settlement could have been tougher.
Take a company with a controversial business model, throw in some rosy projections by senior management and top it off with a sudden 40 percent stock drop, and you've got a classic recipe for a securities class action.
For the defenders of former UBS banker Raoul Weil, a six-year prosecution ended with their client crying tears of joy.
Allergan and its lawyers at Latham & Watkins filed a notice of appeal on Wednesday after a judge largely sided with hostile bidder Valeant Pharmaceuticals and the activist hedge fund Pershing Square.
Few compliments have ever backfired as ferociously as the email that former Federal Circuit Chief Judge Randall Rader sent to Edward Reines, a leading patent litigator at Weil, Gotshal & Manges.
World Wrestling Entertainment suffered a smack-down when a federal judge refused to "deputize" the company to take on bootleggers. WWE's lawyers at K&L Gates persuaded the Fifth Circuit that the judge's squeamishness was mostly misplaced.
International arbitration pro Matthew Slater of Cleary Gottlieb suffered back-to-back $185 million defeats this week in appeals challenging 2007 arbitration awards against his clients.
The high court declined Monday to consider whether a judge should have recused himself in Kolon Industries' long-running battle with DuPont, leaving Kolon to face DuPont's trade secrets claims with a series of unfavorable lower court rulings intact.
Capping a decade-long legal battle with British energy company BG Group plc, the Republic of Argentina ran out of options at the U.S. Supreme Court on Monday in the country's bid to overturn a $185 million arbitration award.
Siding with Nasdaq's lawyers at Ballard Spahr, the Second Circuit rejected the bank's bid to arbitrate claims over $350 in alleged losses stemming from Facebook's troubled initial public offering.
In the decade since The American Lawyer first profiled human rights lawyer Gao Zhisheng, the Chinese state set out to break his body and spirit. It only half succeeded.
In Motorola v. Standard Chartered, Clark and Nelles scored a huge win not just for their client, but for every big bank that does business in New York.
After winning class action status and surviving multiple appeals, plaintiffs lawyers hit a dead end in the first trial over claims that Whirlpool sold mold-prone washers to millions of unsuspecting customers.
Never underestimate how hard the rich—in this case a hedge fund founder and a clothing magnate—will fight over oceanfront property.
Can Bartlit Beck fend off another blockbuster verdict over claims that UnitedHealth Group referred patients to a doctor whose clinic spawned a massive outbreak of Hepatitis C?
Who better to turn a crisis into an opportunity than investors—and the securities class action plaintiffs bar?
Eight months after Hagens Berman got a second chance to press claims that top Internet booking sites and the country's biggest hotel chains conspired to fix room prices, on Tuesday a federal judge in Dallas dismissed the case for good.
Wall Street may not be as vulnerable to patent lawsuits as Silicon Valley or the pharmaceuticals industry. But the gap is narrowing—and major banks are collaborating in an effort to keep accused patent trolls at bay.
After eight years of litigation in Washington, D.C. and Chicago, families of two Americans who were beheaded in 2004 by members of an al-Qaida splinter group are finally on the verge of receiving about $82 million in frozen Syrian bank funds.
Does allegedly peeking at a competitor's wares to help you sell your own products count as corporate espionage or legitimate market research? The answer, as you might expect, is it depends.
Everyone's waiting for a federal appeals court to decide if unpaid interns can band together to sue former employers for back wages. But for two contestants in the intern wars, the suspense was apparently too much to bear.
In a decision with major implications for New York and its resident global financial institutions, the state's highest court ruled Thursday that banks with New York branches needn't turn over customers' overseas assets to claimants attempting to enforce U.S. court judgments.
A London judge ruled that a group of litigation funders must ante up an additional $7.7 million for a failed cased brought by an obscure entity called Excalibur Ventures that was represented by Clifford Chance. That brings their total legal tab to date to $57.7 million.
On Texas turf, the New York litigator marshaled his resources to score a massive verdict against Trinity Industries that could affect the safety of drivers around the nation, and possibly beyond.
Corporate law firms and their clients like to talk about tort reform and abuses by the plaintiffs bar. But what happens when the accusations flow the other way?
In a big win for Actavis plc, the Federal Circuit on Wednesday reaffirmed a lower court decision that Actavis' patent for the popular low-estrogen birth control pill Lo Loestrin is valid and enforceable.
A trio of federal judges—and eventually the U.S. Court of Appeals for the Second Circuit—will have to grapple with the SEC's power to target Wall Street defendants on the agency's own turf.
Congress gave the U.S. International Trade Commission the power to bar imports of products that infringe U.S. patents or otherwise offer their makers an unfair competitive edge. But should the ITC be able to block the flow of information as well?
After a brief hiatus—and some promising developments for patent defendants—the patent plaintiff Phoenix Licensing LLC fired off a new round of infringement lawsuits in East Texas federal court, targeting 15 companies ranging from Charter Communications to Honda to T-Mobile.
Four years after a federal district judge in New York lambasted a product liability lawyer for going overboard in his closing arguments during a bellwether trial against Merck & Co. Inc., an appeals court has vacated sanctions against the attorney.
A federal jury ordered Dallas-based Trinity Industries to pay the government $175 million for withholding critical information about design changes to an approved safety feature.
The lawsuit, filed by lawyers at Kellogg Huber, alleges that leading partners at DLA Piper, Milberg and other firms knew or should have known that Paul Ceglia forged the contract at the heart of his highly publicized ownership case against Facebook.
Amid claims that its client was unfairly bullied by protectionist Chinese courts, team from Covington won a key victory at the U.S. International Trade Commission in an intercontinental patent feud involving mobile device technology.
A multijurisdictional slugfest between the cofounders of the world's third-largest translation company is heating up after Sullivan & Cromwell sought sanctions against one of the founders and her lawyers at Kramer Levin Naftalis & Frankel.
The UVA law professor talked to the Litigation Daily about his new book, the rise in nonprosecution and deferred prosecution agreements, and whether the government takes a "rehabilitative approach" to corporate offenders that it denies to most individual criminal defendants.