The Federal Circuit on Friday issued a highly anticipated decision in CLS Bank v. Alice, ruling that a set of patents are invalid because they cover abstract ideas that aren't eligible for patent protection. But the fractured nature of the en banc decision, which contains seven separate opinions, will limit its precedential effect.

The AIG litigation machine keeps humming as a New York federal judge declines to dismiss a class action alleging that the insurer misled shareholders about its credit default swap portfolio.

After a long and winding journey through West Virginia's courts and up to the U.S. Supreme Court, Reed Smith client Hugh Caperton is back on track in his battle with mining giant Massey and its former CEO, Don Blankenship.

Aetna would be the third insurer, after Health Net and UnitedHealth, to settle claims that its out-of-network reimbursements were too low because it relied on an industry database that set "customary and reasonable" rates for medical procedures. Plaintiffs including the American Medical Association are still pursuing similar claims against Cigna and WellPoint.

The private equity industry enjoys a charmed life, with a business model that involves minimal risk and huge payoffs. But is it possible that PE firms—which have thwarted efforts to rein in their special privileges—might not always get their way?

After getting sued for patent infringement by a non-practicing entity called Oasis Research, EMC could have settled, like most of its co-defendants. Instead, the company filed an appeal with the Federal Circuit and won a ruling that limits the ability of patentholders to name multiple defendants in the same complaint. Now EMC is heading back to the Federal Circuit, seeking a ruling that could ease the way for more cases to be transferred out of the plaintiff-friendly Eastern District of Texas.