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November 10, 2010 | Daily Business Review

Jury finds injured woman ran red light

1 minute read
July 19, 2013 | Daily Business Review

China Ends Controls On Bank Lending Rates

China said it is ending controls on bank lending rates in a move toward creating a market-oriented financial system to support economic growth.
2 minute read
April 04, 2005 | The Legal Intelligencer

Snead v. Society for the Prevention of Cruelty to Animals

The trial court erred by weighing the credibility of witness testimony in deciding to enter a directed verdict. Affirmed in part, vacated in part and remanded.
1 minute read
January 31, 2012 | The Legal Intelligencer

Mellor v. O'Brien, PICS Case No. 12-0177 (C.P. Lackawanna Jan. 11, 2012) Nealon, J. (22 pages).

Plaintiff stated a cognizable claim for negligent infliction of emotional distress even though the alleged negligence involved acts of omission and plaintiff did not realize the treatment at issue deviated from the standard of care. Additionally, plaintiff averred specific facts indicating recklessly indifferent conduct by the health care providers and the hospitals vicarious liability for such recklessness. Demurrers to plaintiff's claims for NIED and punitive damages were overruled.
4 minute read
February 07, 2006 | Law.com

Have the Tables Turned for Online Gambling?

Although online gambling is illegal in the United States, you'd never know it by looking at the numbers. Last year alone 7.8 million Americans logged on to Internet gambling sites. And with the online gambling industry banking almost $12 billion in revenue in 2005, some U.S. casinos think the time has come to legalize Internet gambling and cash in -- a position that was considered all but unthinkable until recently.
10 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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October 14, 2008 | Legaltech News

India Lures Corporate Outsourcing

With e-discovery taking an increasing bite out of the bottom line -- 2007 commercial expenditures on EDD topped $2.7 billion -- corporate America is looking toward India. The review part of the process is a key area where outsourcing can be an attractive, cost-saving option.
8 minute read
September 22, 2009 | Law.com

Clifford Chance's Revenues Fall in the Americas

It's been a tumultuous fiscal year for Clifford Chance, and the extent of the firm's financial troubles is clearer now with the release of its second annual report. Clifford Chance saw gross revenues fall by 5 percent, lost its status as the world's largest law firm by revenues -- a distinction that now goes to Linklaters -- and saw profits drop by a massive 37 percent. The new report shows the firm's revenues in New York, Sao Paulo and Washington D.C. slipped from $344.3 million to $265.19 million.
3 minute read
March 22, 2007 | Law.com

Fla. Appeals Court Tosses $1.58 Billion Verdict Against Morgan Stanley

A Florida appeals court threw out one of the largest verdicts in U.S. history Wednesday when it overturned a $1.58 billion judgment against financial behemoth Morgan Stanley. The decision tossed both the $604.3 million economic damages award and the $850 million punitive award handed down by a Palm Beach Circuit Court jury. The court found that an expert for billionaire Ronald Perelman did not correctly calculate the amount of damages his company suffered due to fraud allegedly committed by Morgan Stanley.
7 minute read
July 29, 2005 | Law.com

Biotech Battles SBA Funding Policy

The biotechnology industry's recent full-court press to let firms owned by venture capitalists qualify for federal small-business grants has found an ally in Dr. Elias Zerhouni, head of the National Institutes of Health. Although most NIH awards go to small biotechnology companies, an SBA judge ruled in 2003 that companies controlled by venture capital firms are disqualified. Thus, many biotech companies cannot get grants because they tend to be majority-owned by such venture capital firms.
2 minute read
January 16, 2002 | New York Law Journal

Pennie & Edmonds Gets Mild Sanction

A Southern District judge has sanctioned New York intellectual property boutique Pennie & Edmonds for turning a blind eye to a false affidavit submitted by a client.Judge Said Firm Ignored Evidence Its Client Lied
6 minute read

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