Delaware Business Court Insider
The Pennsylvania Superior Court en banc heard reargument Wednesday over whether the damages portion of a Chester County trial judge's molded $18.5 million verdict against Genuardi's Family Markets must be reduced to present value.
"We sit in the financial capital of the world, and the amorphous theory that you have, that you tried this case on, gives precious little guidance to all these institutions ... trying to come up with some bright line rules about what can and what cannot be done," Second Circuit Judge Barrington Parker said during arguments in the appeals of two former portfolio managers' convictions.
A federal judge has dismissed a defamation suit against real estate attorney Adam Leitman Bailey for accusing opponents of a proposed Islamic center in lower Manhattan of bigotry in court filings.
A major provider of home hospice and health care services has settled whistleblower claims for $150 million, according to the U.S. Attorney's Office in the Eastern District of Pennsylvania.
In the latest in a series of cases addressing the extraterritorial application of U.S. laws, the Second Circuit has held that the European Community can pursue claims against RJR Nabisco for laundering drug money through the exchange of discounted euros and cigarettes.
A lawsuit against a hospital and nursing facilities can proceed despite a medical expert not being able to say that the defendants breached the standard of care by allegedly ignoring the malnourishment and subsequent weight loss of a man suffering from skin ulcers.
The Pennsylvania Superior Court en banc heard reargument Wednesday over whether Philadelphia union leader John Dougherty is required to show good cause for why his videotaped deposition in his defamation suit against Philadelphia Inquirer reporter Karen Heller should be sealed.
Without admitting or denying wrongdoing, a former pharmaceutical company executive, an ER doctor and one of the doctor's patients have agreed to pay more than $325,000 to settle insider trading charges brought against by the U.S. Securities and Exchange Commission.
By early June, attorney Roger Bennet Adler should know whether he'll be prosecuting Staten Island's lingering criminal probe into suspected political shenanigans, or whether the case will revert back to the elected district attorney.
A former University of Pittsburgh professor who engaged in an affair with a research assistant can continue with his defamation case against the assistant over claims she affected his ability to get another teaching job and sent a picture of his penis to his wife and 37 associates.