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Last year's dismissal, under the Supreme Court decision preempting product liability claims for medical devices, was considered a landmark. But Medtronic decided to pay out an average $33,000 to plaintiffs before waiting to see what the Eighth Circuit would do.
Massachusetts Mutual and its lawyers at Quinn Emanuel crossed a major hurdle on Tuesday in a crush of litigation against banks that underwrote residential mortgage backed-securities. A federal judge in Boston largely denied motions to dismiss nine separate suits that Quinn Emanuel filed against Credit Suisse, HSBC, JPMorgan Chase, Deutsche Bank, Royal Bank of Scotland, UBS, WaMu Inc., and Goldman Sachs.
The Supreme Court on Wednesday supported efforts by Nike Inc. to rid itself of a rival's trademark suit by promising not to pursue its own lawsuit against the competitor, Already LLC.
Asia Deal Digest: February 2, 2012
An Indonesian gas company brings Ashurst on board for a shipping finance deal; Latham & Watkins takes the lead on a Southeast Asian reverse merger; and Shearman & Sterling weighs in as a Chinese heavy industry giant targets Germany.Door Opened to Foreign Victims of Vitamin Price Fixing
Billions of dollars in potential awards. A new map for antitrust litigation. And what many say is a likely spot on the U.S. Supreme Court docket. Empagran v. F. Hoffman-LaRoche has it all. A class action filed by foreign vitamin buyers, the suit is the latest round in the already-epic litigation over vitamin price fixing. At the root of Empagran are important questions about who can sue and who can be sued in U.S. courts for antitrust violations.Congress Set to Take Aim at Judicial Recusals
Congress is preparing to wade into one of the most sensitive of issues for the federal judiciary: when a judge should step aside in a case and who should make that decision. The House Judiciary Committee, led by Rep. John Conyers, D-Mich., is planning a hearing on federal recusal guidelines amid controversies that have swept through state court systems in recent years, culminating in a U.S. Supreme Court decision five months ago that tightened the recusal requirements for elected state judges.Departure of London Tax Group Doesn't Faze Dorsey's Leadership
With new managing partner Ken Cutler preparing to jet to London as part of a firmwide confidence-building tour, Dorsey & Whitney—whose gross revenue dropped for the fifth straight year in 2012—lost its tax practice Monday in the U.K. capital to local commercial litigation boutique Hage Aaronson. Nonetheless, Cutler insists the Minneapolis-based Am Law 100 firm is poised for a comeback.The Federal Trade Commission is fighting a two-front battle against deals in which brand pharma makers pay generics to keep their products off the market. It seems to be making political headway, but on Tuesday the FTC took a big blow in court--partly because of some questionable litigation strategy.
Clinton Leads Fundraising Among New York Attorneys
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