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Edited by Alison Frankel and Andrew Longstreth
TOP STORY
February 10, 2010
Corporate / Law Firms
Cravath Beats Back TRO, Will Continue as Counsel in Hostile Takeover Bid for at Least Another Week; In Detailed New Filings, Firm Denies It Breached Duty to Airgas
A Philadelphia judge denied Airgas's motion to bar Cravath from representing Air Products in its $5.1 billion takeover attempt. But even as Cravath claims in new filings that Airgas's suit is merely a tactical move, it faces a preliminary injunction hearing next Tuesday.
VIDEO
Sidebar: A Skeptical View on Alternative Fees
Legalbill managing partner Stephen French speaks to the Litigation Daily about the movement behind alternative fees.
Contracts
Intel Wants $50 Million from Insurer to Pay Antitrust Legal Fees, Files for Summary Judgment
It takes a lot of dough to defend the chipmaker against a multitude of antitrust claims.
IP
Snowmageddon Doesn't Stop TecSec Lawyers From Filing Sweeping IP Complaint Against IBM, Cisco, eBay, and Others in Virginia's Rocket Docket
What's the old rhyme about postmen and inclement weather? Well, you can say the same for Hunton & Williams, which didn't let a little of the white stuff get in the way of filing a patent infringement suit that could be worth billions to TecSec.
Product Liability/Mass Torts
That $300 Million Engle Progeny Verdict against Philip Morris? It's Now Up in Smoke
Even though the Florida state court judge who oversaw last November's trial blamed the tobacco company's lawyers for tactics that prompted the jury's outsized verdict, he said he'd cut it.
Securities
Simpson Thacher Wins Dismissal of Derivative Suit against Dillard's Department Stores
We've said it before and we'll say it again: It's risky out there for derivative plaintiffs who don't send demand letters to the boards they want to sue.
White-Collar
Despite BAE's $446 Million Bribery Settlement with DOJ and British Regulators, Don't Expect Follow-On Securities Litigation
Summary Judgment: Until Directors and Officers Start Paying Some of Their Legal Fees, Corporate Accountability is a Myth
SEC Loses a Big Fish: Judge Tosses Fraud Allegations Against Key Madoff Feeder Fund
Appellate
A Q&A with Robert Peck of The Center for Constitutional Litigation
Second Circuit Rules Morgan Stanley Mutual Funds Not Liable for Failing to Disclose Conflicts of Interest with Stock Analysts
Wachtell Triumphs over Skadden in First Circuit Ruling in Artist Rights Case
Corporate/M&A
Cravath Beats Back TRO, Will Continue as Counsel in Hostile Takeover Bid for at Least Another Week; In Detailed New Filings, Firm Denies It Breached Duty to Airgas
Cravath Sued for Breach of Fiduciary Duty in Airgas M&A Battle
Terra Firma Fights to Keep Suit Against Citi in New York
Securities
Simpson Thacher Wins Dismissal of Derivative Suit against Dillard's Department Stores
Despite BAE's $446 Million Bribery Settlement with DOJ and British Regulators, Don't Expect Follow-On Securities Litigation
SEC Waves White Flag Over Broadcom
IP
Snowmageddon Doesn't Stop TecSec Lawyers From Filing Sweeping IP Complaint Against IBM, Cisco, eBay, and Others in Virginia's Rocket Docket
'Samsung the Settler' Waves White Flag Again, This Time With Sharp
Patent Litigation Weekly: Catching Up with Rick Frenkel, Once the Patent Troll Tracker, Now a Wilson Sonsini Litigator
Litigator of the Week
Michael Malone of King & Spalding and Martin Perschetz of Schulte, Roth & Zabel
Charles Verhoeven of Quinn Emanuel Urquhart Oliver & Hedges
Carter Phillips of Sidley Austin
Product Liability/Mass Torts
That $300 Million Engle Progeny Verdict against Philip Morris? It's Now Up in Smoke
New Jersey Seroquel Trial Is a Go: Judge Denies Summary Judgment in Two Cases, Sets Jury Selection for Next Week
Every Cloud Has a Silver Lining (for Litigators): Who Will Represent Toyota in Product Liability Class Actions?
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