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Seventh Circuit Expected to Rule This Month In Loan Rescission Case
Publication Date: 2008-07-10 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Perseverance Gets Genentech Back to Agensys' Table
In 2002 Alan Mendelson, of Latham & Watkins, ensured that Agensys Inc. had enough property and cash to put together a private placement that brought in $42 million. And Agensys' IP portfolio was strong enough to attract biotech giant Genentech Inc.'s attention. Two years before the funding came in, Agensys had signed a $30 million licensing deal with Genentech. Agensys' future looked bright -- but then the Genentech deal tanked.
Tech Circuit: Mayan Year 5,126 Edition
The legal technology community predicts unexpected trends for 2013, including changes in e-discovery, cloud computing, and information governance. [MORE]
Upcoming Trial Highlights Disclosure Requirements of Biotech Companies
In a civil fraud action set for a May trial, the SEC argues that Biopure, its GC Jane Kober and two former executives misled investors about the prospects for Hemopure, a blood substitute that is the company's flagship product. The outcome will provide important guidance to other biotechnology outfits, particularly those built around a single product. One major issue in the case is an undeniably upbeat Biopure press release that came after the FDA suspended review of Hemopure pending more information.Games Lawyers Play: Backdating Edition
We compare the recently exposed Mercury complaint to the reasons Orrick and Shearman gave to keep it hidden. No Subscription Required
E-Verify Primarily A Volunteer Program, For Now
The Senate plan to overhaul federal immigration law would phase in mandatory use of E-Verify by employers over five years.
IRS Fails in Federal Court Suit to Stop Ambac From Spending $708 Million Tax Refund
Publication Date: 2011-02-18 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
A federal judge in Madison, Wisconsin ruled that the IRS's claim didn't belong in federal court. Instead, she ruled, the government needs to fight this matter in the state court overseeing Ambac's reorganization.
IRS Sues Ambac, Wisconsin Officials, And Wisconsin Court Over Disputed $708 Million Refund
Publication Date: 2011-02-16 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
How worried is the IRS that Ambac will spend a disputed $708 million "quickie refund" it received in Feb. 2010? So worried that it has taken the apparently unprecedented step of naming the Wisconsin state court that approved an Ambac restructuring plan as a defendant in a suit to enjoin Ambac from disbursing the money--even though the IRS hasn't even filed a formal claim to the $708 million.
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