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With summary judgment granted to AstraZeneca in another Seroquel case last week--the third Seroquel suit to be tossed on Daubert grounds--the Delaware state court judge overseeing a docket of 700 of the pharmaceutical product liability cases says it's time for plaintiffs' lawyers to consider the viability of the litigation.
Atlanta-Based Firm Raises Salaries Twice in Two Weeks
Troutman Sanders has matched the $130,000 starting salary for associates that earlier this month became the new top rate at several big Atlanta firms, said the firm�s managing partner, Robert W. Webb Jr.Delaware Bankruptcy Case Protects Directors
The evolving law on the duties of an insolvent corporation's board of directors has created uncertainties for directors and professionals who advise them. A recent Delaware Chancery Court decision addressed and clarified the concepts of liability in the area of creditor litigation asserted against a board. The ruling held that directors' duties are not fundamentally altered in the insolvency context; rather, the pool of potential plaintiffs is expanded to include creditors.Hot again, Silicon Valley approaches 'critical mass'
The capital markets are opening up in Silicon Valley — and lawyers have noticed. Best known for its startup technology companies and venture capital, the region has seen renewed investor interest in emerging companies, a spate of initial public offerings and several mergers and acquisitions involving some of the region's largest businesses, including Cisco Systems and Google.Ruling Clears Way for Payment of Austrian Holocaust Claims
A divided 2nd Circuit has dismissed the last remaining class action for Holocaust-era claims against the Austrian government, setting the stage for the release of $210 million in compensation negotiated in the waning days of the Clinton administration. The majority ordered the dismissal under the political question doctrine of claims against governmental entities brought by a group of Austrian Jews whose property had been seized by the Nazis during World War II.Justices to Take Up Lawyer Ethics, Errors
How lawyers do their jobs -- from the type of advice they give clients to the calculation of fees -- moves to the fore in the new U.S. Supreme Court term in six cases that could dramatically alter the day-to-day practice of law. The justices in recent terms typically have taken two or three cases, or even none, involving lawyering. The upswing may reflect a larger movement toward greater scrutiny of the legal profession, particularly in the wake of corporate and government scandals involving lawyers.Ring,* plaintiff-appellant v. AXA Financial, Inc., defendants-appellees
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