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Jury Awards $190 Million for Asbestos Exposure
Each of the five plaintiffs will receive between $20 million and $60 million from the defendant boiler companies. According to plaintiffs' counsel, the $60 million awards are the largest ever given to individuals in asbestos cases in New York.Haverty Furniture same-store sales drop in February due to slowdown in housing market
ATLANTA AP - Home furnishings retailer Haverty Furniture Cos. said Thursday its sales at stores open at least one year, known as same-store sales, fell 12.9 percent in February. Same-store sales are considered a key measure of retail performance. Total sales for the month ending Feb. 28 fell 10.9 percent to $60.1 million from $67.New Patent Proposals Stir Controversy
Lamar Smith, chairman of the House intellectual property subcommittee, is expected to introduce patent reform legislation in Congress within the next few weeks; already, the text of the proposal is creating a stir in the patent community.View more book results for the query "*"
New FTC Blogging Rules Pose Risks for Corporate Advertisers
Shari Claire Lewis, a partner at Rivkin Radler, discusses the FTC's changes to its formal guidance to advertisers as to the steps necessary to keep their endorsement and testimonial ads from running afoul of the Federal Trade Commission Act and its potential consumer protection liabilities. The most significant and practical issue raised by the updated Guidance is the liability risk corporate advertisers now face when relying on or working through social media, such as blogs in word-of-mouth marketing campaigns.Mark Vadgama Is New Chief Marketing Officer at ISYS Search Software
Denver-based ISYS Search Software, an embedded search provider, has announced the hiring of Mark Vadgama as its new chief marketing officer. Vadgama will be responsible for ISYS's business growth and brand development in the U.S., Europe, and Asia Pacific.In Big Victory for Small Firm, Judge Triples $95M Patent Verdict
Patent boutique Isbester & Associates surprised many with its $95 million win for Advanced Medical Optics in its patent infringement case against Alcon Manufacturing. And last week, a federal judge increased the award to $213.9 million. The four-lawyer firm persuaded judge and jury that Alcon had intentionally copied several medical devices used in cataract surgery patented by AMO. Partner A. James Isbester says the award demonstrates the firm can make a splash "even against a very powerful opponent."Trending Stories
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