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Tom McParland of New York Law Journal can be contacted at [email protected]. Follow him on Twitter @TMcParlandALM.
May 14, 2019 | New York Law Journal
According to the letter, Goldman made more than $580 million for advising the company at the heart of the scandal over the course of 12 months, a rate that was 200 times the typical fee for such transactions. Now the company expects to spend $1.9 billion more than it had initially reserved to defend legal matters related to the scandal, according to the 27-page correspondence.
By Tom McParland
1 minute read
March 18, 2019 | New York Law Journal
A federal judge in Manhattan has allowed the U.S. Securities and Exchange Commission to proceed with a lawsuit accusing the multinational mining firm Rio Tinto and two former executives of fraud in connection with its failed investment in a Mozambique coal project.
By Tom McParland
1 minute read
February 26, 2019 | Delaware Business Court Insider
A three-judge panel of the appeals court upheld a Delaware district court ruling, which found that the FTC's 2017 suit came too late under Section 13(b) of the Federal Trade Commission Act, which requires the agency to show that a defendant "is violating, or is about to violate," the law with excessive filings meant to improperly suppress generic competition.
By Tom McParland
1 minute read
February 7, 2019 | Delaware Business Court Insider
According to court records posted Tuesday, the Wilmington jury rejected Baxalta's arguments that Bayer's patent was invalid after six days of trial in the case, which was filed in December 2016, when Baxalta was still owned by Irish biopharmacuetical firm Shire.
By Tom McParland
1 minute read
January 23, 2019 | Delaware Business Court Insider
In a brief filed Tuesday in Delaware federal court, lawyers for Caterpillar Inc. said the four-year-old suit from International Construction Products had failed to make any specific allegations linking the Illinois-based manufacturer of construction and mining machinery to an alleged plot to suppress competition and fix prices.
By Tom McParland
1 minute read
January 23, 2019 | Texas Lawyer
A Texas judge on Tuesday denied class certification in an antitrust lawsuit alleging that the three largest hospital operators in San Antonio had conspired…
By Tom McParland
1 minute read
January 11, 2019 | Delaware Law Weekly
A three-judge panel of the appeals court Thursday reversed a Delaware district court ruling, which held that T-Mobile Northeast's complaint was unripe because it was filed before the Wilmington Zoning Board of Adjustment issued a written decision blocking the company's request to build a cell tower on top of the Claymore Senior Center.
By Tom McParland
1 minute read
January 3, 2019 | Delaware Business Court Insider
Judge Luis Felipe Restrepo of the U.S. Court of Appeals for the Third Circuit on Wednesday ruled that oral argument on Petróleos de Venezuela S.A. appeal in the case would proceed normally.
By Tom McParland
1 minute read
January 2, 2019 | National Law Journal
The lawsuit claims the government's refusal to pay essential employees who must work during the ongoing government shutdown violates the Fair Labor Standards Act.
By Tom McParland
1 minute read
December 3, 2018 | National Law Journal
Tenth Circuit administrator Jill Langley will fill the position created in the wake of widely publicized sexual harassment allegations against former Ninth Circuit Judge Alex Kozinski.
By Tom McParland
1 minute read
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