And the LOTW Runners Up...
Honorable mention goes to lawyers from Goodwin Procter, Husch Blackwell and Jenner & Block.
July 26, 2019 at 11:40 AM
2 minute read
Our runners up for Litigator of the Week include Goodwin Procter partners William Jay, Sarah Frederick, Brian Burgess and David Zimmer. They prevailed on summary judgment for pharmaceutical company Braeburn, which makes Brixadi, an injection used for the treatment of opioid use disorder.
The U.S. Food & Drug Administration refused to give final approval to Brixadi because the agency previously granted a rival drug maker a three-year exclusivity period for a similar product. U.S. District Chief Judge Beryl Howell of the District of Columbia ordered the FDA on remand to reconsider its decision “with deliberate speed.”
Husch Blackwell partner Marnie Jensen prevailed in one of the largest valuation disputes in Nebraska state court history when a district court judge assigned a fair value of $893 million to biomedical company Streck, Inc. Jensen represented the trust of the company's founder, the late Dr. Wayne Ryan. The court held that the trust is entitled to pre-judgment interest at a rate of 12% per annum, bringing Dr. Ryan's total compensation to over $720 million.
Jenner & Block's Neil Barofsky, Rick Richmond, Jessica Ring Amunson and Jeffrey Atteberry sealed a $331 million win on behalf of three community groups after the California Supreme Court declined to hear the state's appeal. The plaintiffs alleged that state officials including the governor wrongly diverted funds from a legal settlement designated to help struggling homeowners and instead used the money to pay down housing bonds.
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