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J&J Points Fingers at Pharma Rivals in Risperdal Kickbacks Case
Publication Date: 2011-11-11
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The "everybody else was doing it too" defense is usually a long shot. But in a False Claims Act case alleging that the company paid kickbacks to the national pharmacy Omnicare, Johnson & Johnson's lawyers at Nixon Peabody want a judge to compel the Justice Department to fork over documents to back J&J's claims that its actions amounted to business-as-usual.

February 01, 2007 | New York Law Journal

New Deals

In a deal totaling $6.6 billion, including debt, Morgan Stanley Real Estate and Ashford Hospitality Trust Inc. have dipped into the Orlando-based CNL Hotels & Resorts Inc. portfolio. Also, Genesis HealthCare has agreed to go private in a $1.7 billion deal with Formation Capital Corp. and JER Partners.
4 minute read
July 01, 2003 | Law.com

Sherritt Coal Partnership II Fording

4 minute read
February 23, 2005 | Law.com

On the Record With Eric Reicin

9 minute read
Manhattan Federal Judge Dismisses $186 Billion 'Cash Sweep' Class Action Against Brokerages
Publication Date: 2009-07-28
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In a case that filled the courtroom with Am Law 100 lawyers, Judge Richard Sullivan ruled that brokerages had no obligation to place their customers' extra cash in the highest-possible interest-bearing money market accounts, but could instead sweep it into accounts at the brokerages. It was a welcome ruling for the brokerages. The plaintiffs had alleged that $186 billion in customer accounts had been affected.

January 27, 2003 | Texas Lawyer

A First Monday First

The first Monday in October this fall will be an unusual one. The U.S. Supreme Court will commence its fall term that day, Oct. 6, as dictated by law and tradition, but it will not hear oral arguments. The reason? Yom Kippur falls on that day, and the court last week announced that no arguments would be held "so that Yom Kippur may be observed."
9 minute read
Judge Rakoff E-Mails the Lit Daily: Turns Out He's No Fan of Arbitration
Publication Date: 2010-11-30
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We were pretty excited that Judge Rakoff sent us his opinion explaining why he upheld a $20.6 million FINRA arbitration award against Goldman Sachs. Reading the ruling--in which Rakoff takes subtle digs at the arbitration process and those who choose it as an alternative to court proceedings--was also fun.

January 11, 2002 | New Jersey Law Journal

`First Monday` Flubs Will Bring Out Lawyers` Penchant for Nitpicking

The Supreme Court debuts this week as a vehicle for television drama, and it is more likely to have Washington`s legal elite shouting "oy, vey" than "oyez."
11 minute read
January 13, 2004 | Law.com

The Art of Persuasion

As appellate specialist Daniel Smith argued in court in late November that his client in a negligence case had been prejudiced by the exclusion of crucial evidence at trial, one appeal court justice started to ask a question. "I'm not quite finished," Smith said gently. Surprisingly the justice said, "OK," and backed off. Not many attorneys would be given that much leeway. But Smith, who obtained a reversal in that case, is no average lawyer.
10 minute read
March 22, 2006 | Law.com

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.
11 minute read

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