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After nearly two decades of litigation against some of the biggest drug companies in the country, we're betting the last thing a group of individual pharmacies wanted to hear was that their claims were small potatoes.
Plaintiffs lawyers challenging a deal under which Bayer paid Barr to keep its generic version of Cipro off the market are hoping that widespread amicus support will persuade the Supreme Court to grant their petition for certiorari and resolve, once and for all, the controversy over pay-to-delay pharma deals. But history suggests they may be overly optimistic.
Two different federal appellate courts have now been asked to answer a multibillion-dollar question for peddlers of mortgage-backed securities: Can the federal agency unwinding a group of failed credit unions and the conservator of Fannie Mae and Freddie Mac dodge the usual time limits for bringing securities claims?
Generic drug companies scored an early win in a test case that could determine whether brand-name drug companies are obligated to turn over samples of their products.
Derrick Dismissed From Shareholder Securities Class Action
A federal judge has granted former Enron Corp. general counsel James V. Derrick Jr.'s motion to be dismissed as a defendant in the massive Enron shareholder securities class action, Mark Newby, et al. v. Enron Corp., et al.Most Trademark Claims Over Hermes Bags Dismissed
A Manhattan federal judge ruled Friday that Hermes International waited too long before trying to stop two fashion boutiques from selling copies of its high-priced bags and other accessories and threw out crucial aspects of a trademark suit, Hermes International v. Lederer De Paris Fifth Avenue Inc. However, Judge Shira Scheindlin did agree with the French company that the stores hadn't shown enough evidence to win their claim that the company had abandoned its interest in its mark on the items throuTrending Stories
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