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Stanziale v. Pepper Hamilton LLP
Subpoena Dispute Transferred to Delaware; Core Issues Better Resolved by Court Familiar With LitigationFed. Judge Upholds Direct Purchaser Claims In Egg Price-Fixing MDL
Did some of the country's largest egg producers slaughter healthy birds and scramble up a sham "animal welfare" program to increase cage space for hens as part of a conspiracy to jack up egg prices?Federal trial brings more unwanted publicity to Goldman Sachs
Former Goldman Sachs director Rajat Gupta goes on trial on charges of giving inside information to Raj Rajaratnam, the Galleon Group LLC co-founder serving 11 years in prison for insider trading. Gupta's lawyers said they may point to others at the bank who passed Rajaratnam illegal tips.Delaware High Court Decides 'Deepening Insolvency' Is Dead in Delaware
Deepening insolvency is often asserted as an independent state-law cause of action against a debtor's advisers for any attempts to prolong the life of a failing company that injure the company and its creditors. As Delaware continues to have one of the country's most active business bankruptcy caseloads, lawyers look to that state's law as a benchmark. To the dismay of many, Delaware's high court recently affirmed a Court of Chancery holding that Delaware law doesn't recognize "deepening insolvency" claims.Land O'Lakes settles case over egg price-fixing for $25M
Land O'Lakes Inc. and two subsidiaries have agreed to a $25 million settlement in a class action alleging that they participated in an industry-wide price-fixing conspiracy among egg farmers.Cite as: UFCW LOCAL 1776 v. ELI LILLY, 09-0222-cv, NYLJ 1202471926383, at *1 (2d Cir., Decided September 10, 2010)In re: Zyprexa Products Liability Litiga
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