0 results for 'McCarter English'
Locking the Nation's Medicine Chest
The presidential candidates' proposals on federal drug pricing are central in national political debates. We're being forced to reconcile higher drug prices, improved industry profits and the needs of the elderly. But the problem turns on the inadequacies of Medicare and the preservation of research and development. The emerging solution, says Frederick Smith, is a failed economic tool: price controls.Starting Salaries at Large New Jersey Firms
Starting Salaries at Large New Jersey FirmsIt remains to be seen whether Seroquel will be the product liability bonanza plaintiffs lawyers predict. But one's things for sure: In Delaware state court, the litigation has been a dud.
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.
So far, AstraZeneca has spent almost $750 million defending claims that the antipsychotic causes diabetes, most recently, according to Bloomberg, settling 6,000 cases for an average $25,000 each. Weitz & Luxenberg, however, insists its 2,400 cases won't go away until AZ comes up with better offers than that.
In Wake of Record $105M Verdict, Fee Fights and Coverage Contests
Two weeks after a paralyzed drunken-driving victim won a $105 million verdict against Giants Stadium concessionaire Aramark, dueling sets of plaintiffs' lawyers are girding for a fight over the size of their fees. A coverage dispute among insurers is also possible.American Fire and Casualty Co. v. N.J. Division of Taxation, etc.
The methodology used by the director of the Division of Taxation for calculating the state's retaliatory insurance tax, so as to recapture the benefits to foreign insurers that would otherwise be provided by the state's premium tax cap, is contrary to legislative intent, and the decision of the Tax Court is reversed.School Bond Deal Constitutionality Questioned
Opponents of a proposed school bond deal, including a veteran bond counsel who appears friendly to a court challenge, are calling the proposed issue unconstitutional because the New Jersey constitution's debt limitation clause requires voter approval for the state to create a debt.State AI Legislation Is on the Move in 2024
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