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July 02, 2024 | Connecticut Law Tribune

Big Pharma Sues 5 States Over Drug Discounts

Further, the court said, "states have begun to impose explicitly what [The Department of Health and Human Services] had purported to impose by guidance."
3 minute read
July 02, 2024 | Corporate Counsel

FTC Says $4B Mattress Merger Would 'Kneecap Competitors'

"This deal isn't about creating efficiencies; it's about crippling the competition," said Henry Liu, director of the Federal Trade Commission's Bureau of Competition.
3 minute read
July 02, 2024 | Corporate Counsel

Trading By Corporate Insiders Pursuant to Rule 10b5-1 Plans Under Heightened Regulatory Scrutiny

On June 21, 2024, the U.S. Department of Justice (DOJ) secured a conviction in a first-of-its-kind insider trading prosecution based exclusively on a corporate insider's trades pursuant to a Rule 10b5-1 plan. This article addresses what you need to know.
6 minute read
July 02, 2024 | Corporate Counsel

Finding a Firm That Really Is Easy to Work For

In my last article, I talked about why it is important for legal departments to find law firms that are Easy to Do Business With (#ETDBW)--and how to find those firms. But what about the other side of the coin? Finding a law firm that lawyers actually like working for is also important, as this can impact a firm's capacity for being easy to do business with.
6 minute read
July 02, 2024 | Texas Lawyer

3 Dimes: Plaintiff Nets Only 30 Cents as Defense Beats $9.5M Claim

To prevail, the defendant had to show the plaintiffs approved the unsigned written contract by their conduct, defense attorney Matt Mussalli said.
4 minute read
Law Journal Press | Digital Book State Antitrust Law Authors: William T. Lifland View this Book

View more book results for the query "Price Law"

July 02, 2024 | Corporate Counsel

University of Chicago's GC Exiting to Take Legal Reins of Another Elite Private School

Kim Taylor spent almost two decades at Kirkland & Ellis before taking the legal reins of the University of Chicago a decade ago.
2 minute read
July 02, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
189 minute read
July 02, 2024 | New York Law Journal

Paying the Price: Recent Imposition of Monetary Sanctions to Ensure Compliance with New York's Discovery Rules

This article provides an overview of the rules that authorize courts to impose sanctions and examples of courts employing this power, particularly via monetary fines and other penalties, to deter discovery violations.
7 minute read
July 02, 2024 | The Recorder

Manatt Hires 2 Financial Services Partners in SoCal

"Realistically, we have a bunch of clients who want to deploy capital, and they've not been able to," said new hire Warren Biro. "Now, they want to get their money out the door, so they're being more flexible with pricing [and] terms."
4 minute read
Packer v. Raging Capital Management LLC
Publication Date: 2024-07-02
Practice Area: Securities Litigation
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Jose A. Cabranes
Attorneys:
For plaintiff: For Plaintiff-Appellant Brad Packer: Joshua S. Broitman, Roberto L. Gomez, on the brief, Glenn F. Ostrager, Ostrager Chong Flaherty & Broitman P.C., New York, NY, and Paul D. Wexler, New York, NY.
For defendant: For Defendants-Appellees Raging Capital Management, LLC, Raging Capital Master Fund, Ltd., and William C. Martin: Daniel M. Stone, on the brief, Thomas J. Fleming, Olshan Frome Wolosky LLP, New York, NY. For Amicus Curiae Securities and Exchange Commission, in support of Plaintiff-Appellant: Megan Barbero, Michael A. Conley, Jeffrey A. Berger, on the brief, Archith Ramkumar, Securities and Exchange Commission, Washington, DC.
Case number: 23-367-cv

Breach of Fiduciary Duty Can Be 'Concrete Injury' Conferring Constitutional Standing

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