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Private Equity Helps Fuel IP Wars
The appetite for investment among private equity and hedge funds has driven them to more "exotic" IP assets, Morrison & Foerster partner G. Larry Engel said. That means business for the lawyers, and it has also made one patent fight very nasty.Gibson Dunn Takes Litigation Duo From Ropes & Gray
Gibson Dunn has tapped two Ropes & Gray partners to beef up its white-collar and securities presence in the San Francisco Bay Area. Thad Davis and Michael Wong, who spent the past several years building Ropes' San Francisco litigation practice, join as co-chair of the national securities litigation practice and co-chair of the national securities enforcement practice.Shootings Overshadow ABA Panels Gun Violence Debate
Thursday's shooting rampage in metro Atlanta occurred just a week before the ABA comes to town to hear, among other things, a debate on gun suits. Though no details had emerged late Friday of any possible liability surrounding the shootings in Buckhead that left as many as nine dead, those involved in gun suits say it will be impossible to avoid reference to the massacre at the ABA's panel discussion.Fertilizer Manufacturers Not Liable for World Trade Center Bombing
Fertilizer manufacturers can't be held legally responsible for the 1993 bombing of the World Trade Center in New York City even if it could be shown that they had known for years how to make a product that wouldn't detonate when combined with fuel oil, the 3rd U.S. Circuit Court of Appeals has ruled. ``Manufacturers have no duty to prevent a criminal misuse of their products which is entirely foreign to the purpose for which the product was intended,'' U.S. Circuit Judge Jane R. Roth wrote.After the Eighth Circuit reinstated a $220,000 damages award against a Minnesota woman in a high-profile recording industry suit over illegal music downloads, her lawyers vowed to appeal to the U.S. Supreme Court.
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