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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 throuFirms Hunting for Stars Re-Examine Partner Compensation
Although the most profitable law firms don't often lose partners to other firms, there's evidence suggesting that even firms with the highest profits per partner have become more vulnerable to the lateral market. In response, some Am Law 100 firms are deploying high-spread compensation systems specifically designed to reward their most valuable partners with more money than they could earn at the most profitable low-spread firms. Think your firm isn't re-examining its compensation system? Don't be so sure.Once upon a time, plaintiffs lawyers in the IPO securities class action had visions of billions dancing in their heads. Today, they're quite happy taking $586 million.
For Martens and his bosses in Washington, the stakes in the trial of Fabrice Tourre were huge.
Orrick to Open Pacific Northwest Office
Following the lead of other Bay Area firms that have found success in the Pacific Northwest's burgeoning high-tech market, Orrick, Herrington & Sutcliffe has announced plans to open a Seattle office in late June or early July.Trending Stories
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