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Survey: Securities Suits Spike for Life Sciences Cos.
New securities fraud class actions against life sciences companies spiked by 53 percent last year compared with 2009, according to a new Dechert survey.D.C. Firms View China With Caution
Dozens of U.S. firms have swept into the Chinese market in recent years. But Washington firms have been late to the game, with some justification.Late Inventor's Foundation Sues
The late inventor Jerome Lemelson's foundation charged 438 companies for allegedly violating his patent for bar code technology. The foundation filed five separate complaints in U.S. District Court in Arizona claiming that hundreds of different companies were infringing 14 different patents related to "machine vision" and "automatic identification."View more book results for the query "Related Cos"
An Estate Planner's Guide to Client Representation
John C. Novogrod, a partner of Kramer Levin Naftalis & Frankel, and Annie L. Mehlman, an associate with the firm, write: The status of a client representation impacts both an attorney's ethical obligations and his potential professional liability. Although it is counter-intuitive to the estate planner who seeks to build and maintain a close and enduring client relationship, a carefully circumscribed relationship is preferable in both the conflict of interest and malpractice contexts.Protection for Financial Indexes, ETFs, Other Products
Steven B. Pokotilow and Ian G. DiBernardo, partners at Stroock & Stroock & Lavan, write that although proprietary rights in financial indexes and certain uses of indexes do exist, the Second Circuit's ruling in Dow Jones and other recent decisions make clear that the creator of an index will not be able to prevent all uses--an important lesson for a company contemplating the significant expenditure of resources needed to create and market indexes and products based on them.Data Breaches in Credit Card Transactions
Attorneys Richard Raysman and Peter Brown discuss the Payment Card Industry Data Security Standards initiated by credit card brands to safeguard sensitive cardholder data and recent litigation and state legislative developments in merchant liability for data security breaches.Judge Approves $69M Partial Settlement of Multidistrict Suit Against Insurance Brokers
A federal judge in Newark has approved a $69 million settlement in a class action accusing leading insurance brokers of conspiring with carriers to manipulate the market and also has awarded $19 million in legal fees, costs and incentive payments.Insurance Coverage for Wage-Hour Claims
Kirk A. Pasich, a partner at Dickstein Shapiro, and Keith A. Markel, counsel at the firm, write that despite the explosion of wage-hour class actions in the last few years, and the possible multimillion-dollar settlements or judgments along with legal fees needed to defend against them, employers often overlook insurance protection in Employment Practices Liability policies or in EPL provisions of D&O policies.Trending Stories
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