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Weinstein Certifies Narrow Class, Releases Files in Zyprexa Case
A federal judge in Brooklyn has certified a class of "third-party payors," such as pension funds, labor unions and insurance companies, in their claim that the drug giant Eli Lilly committed fraud by overpricing its antipsychotic drug Zyprexa while overstating the drug's utility and understating its drawbacks. The decision was a partial victory for both sides, as Eastern District Judge Jack Weinstein certified only the plaintiffs' RICO claims and not their state-law ones, and on a narrower basis than the plaintiffs sought. The judge also declined to certify a class of individual-payor claims.Check the Scope: There's No Guarantee in Guaranties
A favorite form of credit enhancement for a company entering a commercial relationship with another entity is to obtain a guaranty from the parent or shareholder of that entity.
In Revenue Race, Pa. Firms Lag in Recession Recovery
A mature U.S. legal market coupled with a dip in demand for legal services in the latter half of 2011 makes for a difficult climate to grow something many law firms lost millions of in the last few years — revenue dollars.Outside Counsel Can Take Lead in Derivative Suit Investigations
In dismissing a shareholder derivative suit after a company's special committee investigated the allegations, a Delaware County judge went beyond the principles outlined by the American Law Institute to look at whether an attorney can take the lead in the committee's investigation.
Attorney Work Product Doctrine Upheld in Diaper Patent Dispute
In a high-stakes patent lawsuit over diaper designs, a federal magistrate judge has ruled that paper products giant Kimberly-Clark is entitled to invoke the attorney work product doctrine to protect its testing data -- as long as it promises that it won't rely on the data to prove its infringement claims.Cleary, Davis Polk Advise on $2 Billion Takeover of Cancer Test Maker
Agilent Technologies has agreed to acquire cancer diagnostics company Dako. Separately, Mintz Levin and Weil have landed roles on Indian drug maker Piramal's $635 million bid for health care research company Decision Resources Group.Denying NLRB, Circuit Faults Striking Home Health Aides
The Second Circuit said that the employer's rule on notification of employee absence was trumped by the union's providing the requisite advance notice for the strike, but employees who had affirmatively represented they would be working during the strike placed patients in "foreseeable imminent danger."People in the News - Aug. 9, 2013
Earlier this summer, The Legal asked the Pennsylvania legal community to submit nominations for our annual Lawyers on the Fast Track. The nomination forms and any letters of recommendation accompanying them were sent to an eight-member judging panel composed of evaluators from all corners of the legal profession and the state. After reviewing their results, the following 38 attorneys were selected as the 2013 Lawyers on the Fast Track:Trending Stories
- 1SDNY Criminal Division Deputy Chief Returns to Debevoise
- 2Brownstein Adds Former Interior Secretary, Offering 'Strategic Counsel' During New Trump Term
- 3Tragedy on I-95: Florida Lawsuit Against Horizon Freight System Could Set New Precedent in Crash Cases
- 4Weil, Loading Up on More Regulatory Talent, Adds SEC Asset Management Co-Chief
- 5Big Banks Did Great Last Year. What Does That Mean for Big Law?
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