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Merck has already paid close to $6 billion in civil settlements and criminal fines over the Vioxx debacle. Now that the company's lawyers at Cravath and Hughes Hubbard have failed to block a long-running securities class action over the drug, is another settlement on the way?
First Black State Bar President Knows She'll Be a Lightning Rod for Change
Karol Corbin Walker takes the oath as president of the State Bar Association on Thursday, becoming the first African-American to lead New Jersey's largest organization of lawyers. But her tenure is likely to be more than symbolic, given her outspokenness and go-getter reputation.Did Schering-Plough owe Bayer 70 percent of its profits on Cipro--or 80 percent, as Bayer's Jones Day team argued?
School Bond Deal Constitutionality Questioned
Opponents of a proposed school bond deal, including a veteran bond counsel who appears friendly to a court challenge, are calling the proposed issue unconstitutional because the New Jersey constitution's debt limitation clause requires voter approval for the state to create a debt.In re G-I Holdings, Inc. et al,
In this adversary proceeding for damages for asbestos-related injuries against a subsidiary of the debtor, sound judicial administration, efficiency, and fairness require that the issue of whether liability has flowed to the nonbankrupt subsidiary be resolved before the District Court and, therefore, the motion to withdraw the standing order of reference, which provides the Bankruptcy Court with jurisdiction, is granted with respect to this issue.Hot again, Silicon Valley approaches 'critical mass'
The capital markets are opening up in Silicon Valley — and lawyers have noticed. Best known for its startup technology companies and venture capital, the region has seen renewed investor interest in emerging companies, a spate of initial public offerings and several mergers and acquisitions involving some of the region's largest businesses, including Cisco Systems and Google.Trending Stories
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