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Why would Teva agree to shell out a quarter-of-a-billion dollars to end most of the propofol litigation just when its lawyers at Kirkland & Ellis and Goodwin Procter seemed on the verge of wiping out a $500 million jury award against the company? We've got some clues.
Lawyer Chided for Dragging Out Deal in Blue Cross Suit
A federal judge on Wednesday accused a class action lawyer of trying to delay a settlement that helped nearly 600 eating disorder patients so he could pursue a fight with a co-counsel over shares of a $2.45 million fee award. U.S. District Judge Faith Hochberg told New Jersey lawyer David Mazie that he put his own interests above "those of people who are dying" when he sought to make the division of fees an issue just before the preliminary settlement of a case against Horizon Blue Cross Blue Shield.After a little-known Pittsburgh firm lost the en banc Federal Circuit appeal that significantly tightened standards of business methods patents, the IP powerhouse took over the appeal--and, despite resistance from the U.S. solicitor general and a big swath of the patent bar, won a grant of certiorari.
Panel holds legislator, aide can claim legislative privilege
Julissa Rodriguez and Rachel Canfield explain the first DCA's decision holding that a legislator and his aide can claim state legislative privilege. The long-term implications of this decision remain to be seen.Gambling Ruling Stirs E-Commerce Concerns
In the wake of a recent Manhattan Supreme Court decision on cyberspace gambling, Internet lawyers are questioning the steps that Web site operators must take to prevent residents of certain states from using their sites. While it is difficult for cyber businesses to verify whether customers live where they claim to, Justice Charles Edward Ramos has ruled that - at least when the business is gambling - it must attempt to screen out residents from states where the activity would be illegal.Joseph Siino Leads IP Effort at Yahoo 2.0
Joseph Siino, Yahoo's vice president of intellectual property, has had his hands full since taking the job in early 2005. He has developed alliances, brokered deals and expanded Yahoo's reach. Search-based advertising and marketing accounts for 88 percent of Yahoo's $1.6 billion revenue, but much of the company's $40 billion market value derives from intangible assets including a brand name that's worth $6 billion, content licensing and advertiser relationships. It's all IP, and Siino is leading the team.Does Your Oversight of IP Measure Up?
Failing to follow sound IP management practices can leave directors and officers liable for breach of loyalty and open to claims of corporate waste.Trending Stories
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