0 results for ''Drinker Biddle & Reath LLP''
Negligence action against pharmaceutical manufacturer failed where plaintiff presented no expert testimony on proximate causation, took a generic equivalent rather than the brand name drug manufactured by defendant, and did not overcome the learned intermediary doctrine.
Plaintiffs' negligent misrepresentation claim against their debtor's auditing firm dismissed where the court lacked personal jurisdiction over foreign subsidiaries and where there was no privity of contract or special relationship between plaintiffs and auditor or justifiable reliance on alleged misrepresentations.
Appellate Division, First Department: October 18, 2018
APPELLATE DIVISION, FIRST DEPARTMENT: OCTOBER 23, 2018
Under 'Kokesh' SEC Disgorgement Is Penalty, Not 'Loss'; Banks Not Entitled to Coverage
Avoidance of transfer of business opportunity disallowed where opportunity had little or no value at time of transfer and where debtor's financial position meant it had no reasonable expectation of pursuing opportunity.
Appellate Division, First Department:September 20, 2018
Humana Completes Sale of Its Closed Block of Commercial Long-Term Care Insurance Business
Humana Inc. has completed the sale of the stock of its long-term care (“LTC”) insurance business, KMG America Corporation, to Continental General…Court could not compare parties' legal bills in determining reasonableness of prevailing party's request for attorney's fees, but instead determined whether services rendered were reasonable and prudent in the professional good faith judgment of counsel.
Appellate Division, First Department: June 26, 2018
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