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Sidley, Milbank Lead on SXC's $4.4 Billion Catalyst Buy
In a deal that means more consolidation for the health care industry, SXC Health Solutions will buy rival pharmacy-benefits manager Catalyst Health Solutions. Fried Frank, along with Canadian firms Stikeman Elliott and Heenan Blaikie are also advising on the transaction.SEC Increases Scrutiny of Insider Trading Potential at Hedge Funds
The Securities and Exchange Commission is ratcheting up scrutiny of the potential for insider trading at hedge funds. The agency has sent hedge funds a detailed list of questions intended to ferret out employees and clients who would be in a position to acquire and pass along inside corporate information to managers of the investment vehicles. But Nora Jordan, a Davis Polk & Wardwell lawyer who advises hedge funds, said of the inquiry, "It would surprise me if they found some big smoking gun on this."Twitter Sued Over Emergency Tweets
Alerting the public about a fire, hurricane or traffic accident on Twitter is an unlawful tweet. So claims TechRadium, a Texas company suing Twitter for patent infringement for allowing municipalities, companies and government agencies to use its site as an emergency notification system.PTO as Political Dumping Ground
Two local patent gurus explain why they�re taking the Bush administration�s incompetent appointments into their own hands.No Subscription RequiredView more book results for the query "*"
Pressure Builds for In-House Attorneys
More work. Lower pay. Less help. That's what in-house lawyers have been dealing with as struggling companies figure out where to tighten the belt financially. "I can say that a majority of people looking to change jobs are doing so because they're overwhelmed" by the workload at their current job, says Elaine Kaiser, managing director of Kaiser Whitney Staffing, speaking about in-house attorneys. And legal recruiters say companies may have to start making changes or risk seeing lawyers burn out or leave.Shea v. Royal Enterprises Inc.
Indemnity Claim Denied Due to Ambiguous Clause, Issues of Negligence, CausationJudge Suspended for Assigning Secretary to Help Run His Real Estate Business
A Philadelphia judge who used his judicial secretary to help run his landlord business will be suspended for four months without pay following a sanctions hearing Wednesday, according to counsel in the case. The defense lawyer for Philadelphia Common Pleas Judge Willis W. Berry said he is interested in appealing the case on Berry's behalf, in response to the court's finding that Berry brought the judicial office into disrepute, but that Berry has not yet made a decision on appealing to the state Supreme Court.Trending Stories
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