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Revenues, Profits Drop at the N.J. Top 20 Firms
It was inevitable that New Jersey's legal industry would take a punch from the worst recession of the young century, and that happened in 2009. For the first time since the Law Journal began tracking the finances of the state's largest firms, revenues and profits suffered declines.Secured Creditors May Not Be As Secure As They Think They Are
Did you ever think that a tomato could trump a secured creditor's ability to recover assets in a bankruptcy proceeding? It may seem absurd, but for lenders involved with grocery stores, supermarkets, restaurants or other purveyors of fruits and vegetables, this is a harsh reality.Beware of Added Complications in Claims Involving Medicare Beneficiaries
New reporting requirements, combined with existing rules regarding reimbursement of Medicare liens, require litigants to be particularly diligent when dealing with claimants who are Medicare beneficiaries.Pfizer Wins Dismissal of Allegation It Misled Investors About Drug
More than a half-dozen of the top class action plaintiffs firms in the country have spent years pressing securities claims related to a joint effort by Pfizer's Wyeth unit and Irish biotech company Elan to develop a treatment for Alzheimer's disease. Now Pfizer has cleared the decks of the only case that remained.Third Circuit Invalidates Arbitration Agreement Rather Than Severing Provisions Favoring Employer
Many employers enter into predispute arbitration agreements with their employees in the hope of reducing overall employment litigation expenses and potential liability. While these goals are often achievable, the benefits cannot come from drafting one-sided agreements. Employers should ensure that their arbitration agreements impose no greater costs and obligations on employees than on themselves.Recoveries of $1 Million and Above
2009 Almanac - Recoveries of $1 Million and AboveTrending Stories
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