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Warner-Lambert's Counterpunch: Pfizer Broke Lipitor Pact by Making Merger Offer
Drugmaker Warner-Lambert, struggling to fend off a $77 billion takeover bid from Pfizer, sued to dismantle the companies' marketing partnership over Warner-Lambert's Lipitor, the top-selling U.S. anti-cholesterol drug. In a counterclaim filed in Delaware, Warner-Lambert contends Pfizer's bid violated a "standstill agreement" in the Lipitor marketing pact. Warner-Lambert's counterclaim, if approved, would allow it to gain full control of Lipitor, which has accounted for almost $4 billion in sales this year.India Leaves Door Ajar for U.K. Firms
The Indian government has indicated that it may soon make a decision on whether British law firms will be allowed to practice in India, according to local press reports on talks between top government officials and legal authorities in India and the U.K.View more book results for the query "*"
Court Weighs Medical Marijuana Dispute
Conference Call: Seven years after California voters opened the door to medical marijuana, the Supreme Court is now being asked to decide whether doctors should be allowed to recommend the drug to patients.Circuit Rejects Lawyers' Petition for Records of Intercepted Calls
The refusal of the National Security Agency to disclose whether conversations between lawyers and their clients at the Guant�namo Bay detention facility were intercepted has been upheld. Addressing questions of first impression, the Second Circuit yesterday adopted a doctrine holding that intelligence agencies can refuse to confirm or deny the existence of records sought under the Freedom of Information Act where intelligence officials state that disclosure would compromise national security.Grasso Asks Presiding Judge to Recuse Himself in Compensation Case
The battle over former N.Y. Stock Exchange Chairman Richard A. Grasso's compensation package of more than $139 million continues to heat up. His attorneys have filed a motion asking Justice Charles Edward Ramos, the presiding judge in the case, to reassign the matter. Gerson A. Zweifach of Williams & Connolly, who represents Grasso, laid out three grounds for recusal, including a claim that Grasso entered into ex parte settlement talks after Ramos agreed not to serve as trial judge should Grasso object.Cozen Seeking to Reopen Dismissed Lawsuit Against It
Cozen O'Connor is looking to reopen a discontinued lawsuit filed against it by former Wolf Block lawyers, but a Philadelphia trial judge said there was nothing inconvenient or harassing to the firm that would warrant opening the case to rule on a motion he said the firm never needed to file.Trending Stories
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