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Daily Decision Service Alert: Vol. 19, No. 36 ? February 24 2010
Daily decision alert.Winston & Strawn IP practice chair James Hurst discusses the latest trends in litigation against the pharmaceutical industry.
Break into 'Meinhattan' market
By Brenda Sandburg, The American LawyerFrankfurt may be Germany's Manhattan, or "Meinhattan," as the locals call it, but this Monday morning in February it's fairly quiet, free of the constant crush of people that makes the Big Apple hum. From the thirty-fifth floor of the Main Tower, a 600-foot cylinder in the heart of the city, Christof von Dryander has a commanding view of the gently curving Mein River.CVS $25 billion benefit looms with Caremark breakup: real M&A
CVS Caremark Corp., created in a takeover four years ago that has left investors with underperforming stock, could be worth $25 billion more if the company split itself up.CVS $25 billion benefit looms as SunAmerica agitates for breakup
CVS Caremark Corp. (CVS), created in a takeover four years ago that has left investors with underperforming stock, could be worth $25 billion more if the company split itself up.Troutman's Big Apple merger yields 20 percent spike in revenue
By Julia Gray Smith, Special to the Daily ReportWhen Troutman Sanders took a bite out of the Big Apple, it guaranteed a sweet year for firm finances.Thanks in part to its merger with the 89-lawyer New York office of Jenkens Gilchrist in April 2005, Troutman's gross revenue jumped more than 20 percent, to $249 million.The False Claims Act tsunami keeps building. Aventis has now been hit twice in two years, paying a total of almost $300 million to resolve allegations of fraudulent pricing for a variety of drugs. This time around, there's no whistle-blower payment.
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