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Judge Voids Congoleum's Pact With Asbestos Claimants, Faulting Lawyers
A New Jersey judge has ruled that Congoleum Corp.'s insurance carriers don't have to fund a $500 million settlement with the company's asbestos claimants, calling it a bad-faith deal engineered by lawyers acting collusivelyWisconsin High Court Rejects Design Defect Claims Over Lead Paint
In a closely watched case, the Wisconsin Supreme Court has ruled that a young boy who was exposed to lead paint cannot sue the manufacturers for defectively designing a key ingredient. The court on Wednesday affirmed the decisions of both lower courts in granting a motion to dismiss the claims, which were brought against E.I. du Pont de Nemours and Co., the Sherwin-Williams Co., Armstrong Containers Inc. and American Cyanamid Co. The case attracted amicus briefs from a number of business groups.
Litigator of the Week: Robert Giuffra Jr. of Sullivan & Cromwell
Publication Date: 2012-10-04 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
As chief counsel for the U.S. Senate Banking Committee in the mid-1990s, Giuffra helped draft the Private Securities Litigation Reform Act and hobble stock-drop suits. Since the financial crisis the PSLRA has gotten a vigorous workout; last Friday it gave Giuffra the ammunition he needed to knock out what remained of a class action against UBS over more than $100 billion in losses.
Malpractice Verdict Sticks to Plaintiffs Firm
Malpractice verdict sticks to plaintiffs firm ... But you promised to get me into law school ... Offshore firms to merge ... Want fries with that?
N.J. Localities Try to Make a Nuisance of Lead Paint
The New Jersey Supreme Court is poised to decide whether lead-based paint constitutes a public nuisance, a prospect that has the industry concerned about easier recoveries across the nation. The plaintiffs are 26 municipalities and counties, led by New Jersey's four largest cities. During arguments last month, Justice Roberto Rivera-Soto asked how manufacturers can be held liable when the allegedly injured parties -- people exposed to lead paint -- have not instituted claims.
Gibson Dunn Knocks Out Qui Tam Suit For One For-Profit School Client; Another Hit with DOJ, State Fraud Claims over Recruiter Incentives
Publication Date: 2011-08-09 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Gibson Dunn partners Timothy Hatch and Wayne Smith have spent years battling claims that their for-profit educational company clients ripped off the government by taking student loan money while skirting federal rules on recruiter pay. They can expect to stay busy.
No Conflicts Found in Congoleum Paying $2M Fee to Asbestos Plaintiffs' Lawyers
Two lawyers for asbestos victims can keep the $2 million Congoleum Corp. paid them to help resolve tens of thousands of claims against the company shortly before it filed for bankruptcy, thanks to a judge's May 7 ruling.'Science First' Leads to Dismissal of Raft of Suits Over Purloined Body Parts
A federal judge in Newark dismisses about 325 suits by recipients of body parts stolen from corpses, saying the plaintiffs did not show a likelihood of contracting disease from the transplants.
Unconvincing Plaintiff Key in Merck Win
According to legal experts, jury selection and a weak case allowed the maker of the painkiller Vioxx to claim victory in the second trial over the drug's health risks.
(Another) Delaware Vice-Chancellor Enjoins Shareholder Vote on Merger, Citing Concerns About Target's Financial Adviser
Publication Date: 2011-03-07 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Turns out Vice-Chancellor Laster, who last month blocked a shareholder vote on Del Monte's LBO because of its financial adviser's conflict of interest, isn't the only Delaware jurist siding with shareholders. Vice-Chancellor Noble on Friday called a temporary halt to a shareholder vote on Qualcomm's acquisition of Atheros. And once again, the financial adviser's fee is at issue.
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