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February 15, 2023 | Law.com

Second Circuit Narrows Reach of Wire Fraud and Insider Trading Prohibitions

The Second Circuit's long-anticipated decision in United States v. Blaszczak limits the government's ability to bring fraud or insider trading prosecutions where the information used to achieve an advantage is regulatory information held by the government. It also brings the Second Circuit in greater alignment with the Supreme Court's wire fraud jurisprudence.
12 minute read
Chen v. Taipei Amer. Sch. Found, LLC
Publication Date: 2023-02-14
Practice Area: Corporate Governance
Industry: Education | Non-Profit
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: Catherin A. Gaul, Ashby & Geddes, Wilmington, DE; H. Gregory Baker, Jayce Nadipuram, Patterson Belknap Webb & Tyler LLP for plaintiff.
For defendant: A. Thompson Bayliss, Daniel J. McBride, Abrams & Bayliss LLP, Wilmington, DE; Harvey J. Wolkoff, Matthew Mazzotta, Quinn Emanuel Urquhart & Sullivan LLP, Boston, MA for defendants.
Case number: 2021-0926-MTZ

The court denied defendant nonprofit's motion to dismiss on the grounds that plaintiff adequately pled that defendant board members had violated their fiduciary duties and 8 Del C. §109 by restricting the general members' ability to make, amend, or repeal bylaws.

February 01, 2023 | New York Law Journal

Stephen Younger Heads to Nixon Peabody After Short Stint With Foley Hoag

Younger, a past president for the New York State Bar Association, recently shifted to Nixon Peabody after less than two years as a partner in Foley Hoag's New York office.
2 minute read
January 30, 2023 | New Jersey Law Journal

Federal Judge OKs J&J's Suit to Proceed Over Depleted Patient Financial Assistance for Costly Prescription Meds

"The inflated co-pays are key to the alleged scheme because the higher amounts essentially force patients into the program," Judge John Michael Vazquez wrote. "The second part of the purported SaveOnSP Program is to target patients. Plaintiff alleges that defendant uses the threat of the artificially inflated copay to coerce patients into enrolling in the SaveOnSP Program."
6 minute read
State ex rel. Rogers v. The Bancorp Bank
Publication Date: 2023-01-17
Practice Area: Business Torts
Industry: Financial Services and Banking | Legal Services
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys:
For plaintiff: Daniel C. Mulveny, Oliver Cleary, Deputy Attorneys General, State of Delaware Dep’t of Justice, Wilmington, DE; Bruce E. Jameson, Samuel L. Closic, Mary S. Thomas, Prickett, Jones & Elliott, P.A., Wilmington, DE; David Brackett, Benjamin E. Fox, John E. Floyd, Bondurant, Mixson & Elmore, LLP, Atlanta, GA for plaintiffs.
For defendant: Catherine A. Gaul, Randall J. Teti, Ashby & Geddes, Wilmington, DE; Joshua A. Goldberg, Jane Metcalf, Clinton W. Morrison, Christina Sedca-Acosta, Patterson Belknap Webb & Tyler LLP; Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Eric W. Sitarchuk, Ezra D. Church, Ryan P. McCarthy, Morgan, Lewis & Bockius LLP, Philadelphia, PA for defendants.
Case number: N18C-29-240 PRW CCLD

Qui tam relator's counsel's failure to set up ethical screens or disclose his knowledge of defendant's attorney-client materials requires disqualification and shifting of costs onto counsel.

Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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December 27, 2022 | The Recorder

Patterson Belknap, Farella Braun Step in for L'Oreal in 24-Hour Sunscreen Litigation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
December 27, 2022 | Law.com

Will COVID Backlogs Impact Appellate Caseloads?: The Morning Minute

The news and analysis you need to start your day.
4 minute read
December 22, 2022 | New York Law Journal

Ellison, Wang Cooperation 'Bodes Very Badly' for FTX Founder Sam Bankman-Fried, White-Collar Attorneys Say

"One wonders if the government delayed the timing of the release about these people being cooperators until after he had decided to waive extradition," said former prosecutor Harry Sandick, a partner at Patterson Belknap Webb & Tyler.
4 minute read
December 22, 2022 | National Law Journal

Big Verdicts and New Sheriffs: The Year That Was in IP Litigation

Judge Alan Albright's patent docket was slowed but not stopped. Judge Colm Connolly is pulling the lid off of nonpracticing entities. And PTO Director Kathi Vidal "has been everywhere."
8 minute read
December 22, 2022 | Litigation Daily

Curtain Call: One Last Look at 2022's Litigators of the Week

With one more LOTW set to land tomorrow, the race to see which firm will land the most winners this year is already wrapped up.
15 minute read

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