0 results for 'Husch Blackwell'
An outbreak of hospital antitrust suits
Legal battles between physician-owned hospitals, clinics and surgical centers and traditional full-service hospitals are heating up as more doctor-owned entities accuse their rivals of violating antitrust laws to keep them out of the markets. Since the federal government lifted a moratorium on Medicare payments to doctor-owned specialty hospitals a couple of years ago, those businesses have been bringing cases against their mostly nonprofit competitors running community hospitals.Ralph Janvey, the court-appointed receiver leading U.S. efforts to recover worldwide assets of alleged Ponzi schemer R. Allen Stanford's empire, is suddenly facing a new challenge: a revived Stanford bank liquidation proceeding in Antigua.
Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.The action movie Sahara flopped at the box office when it debuted six years ago, but litigation over the adaptation of a Clive Cussler novel still hasn't let up. Last week a Colorado appeals court threw out a $50 million suit brought by the film's producer against Cussler's agent and publishers, finding that the claims were precluded by a jury's findings in a previous case.
Perhaps Cleveland mayor Frank Jackson scored points with his base when he announced back in January 2008 that the city was suing 21 financial institutions. Likening the banks' activity to that of organized crime, the city claimed the banks had created a public nuisance by fueling subprime mortgages that left certain neighborhoods devastated by foreclosures. But the city's legal reasoning has not impressed Cleveland federal district court judge Sara Lioi, who dismissed the case with prejudice on Friday.
It was already notable when the St. Louis state court judge approved attorneys' fees amounting to a full 35 percent of the purported settlement value of $60 million. But a new appellate brief by an objector to the deal asserts that hard-to-redeem vouchers mean the real value of the settlement for the class is more like $9 million, making the fee award absurdly disproportionate.
With armies of lawyers on both sides, this one's a biggie. Monsanto is out to an early lead with a partial summary judgment on its contract claims. But with Dupont's antitrust and patent fraud allegations still to be heard, the case has a long way to go.
Shareholders claim that Hammons, who controlled 76 percent of the shares, engineered a sweet deal for himself at their expense. The company counters that Hammons actually got less per share than the other shareholders. Chancellor William Chandler III will sort it out in a trial beginning Tuesday, which will be covered live by Courtroom View Network.
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