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Former Hinshaw Partner Implicated in Fraud Scheme
The SEC has charged Todd Duckson, a former capital markets partner at Hinshaw & Culbertson and current CEO of Minneapolis-based specialty finance company True North Finance, with defrauding several hundred investors in a real estate lending fund.Federal Circuit upholds preliminary injunction in case over frozen liver cells
A recent split decision by the U.S. Court of Appeals for the Federal Circuit illustrates the divisions in the court over the standards for preliminary injunctions as well as for patent invalidity based on obviousness.On Jan. 9, the majority in Celsis In Vitro Inc. v. CellzDirect Inc. affirmed a preliminary injunction for Celsis against CellzDirect and Invitrogen Corp.Y'stone Club creditors seek to sue Credit Suisse
BILLINGS, Mont. AP - Creditors owed tens of millions of dollars by the Yellowstone Club are seeking to sue Credit Suisse for arranging a "fraudulent" $375 million loan that largely ended up in the pockets of the club's owners.The millionaires-only ski resort on 13,600 acres south of Bozeman has been under federal bankruptcy protection since November, after falling almost $400 million into debt.Legal fees for white-collar defendants have been an increasingly contentious issue, with disputes breaking out all the time between companies and indemnified former executives. On Wednesday we got an idea of what may happen to officials of companies that have gone bust: They'll go after insurers.
There are quite a few surprises in the lineup of white-collar lawyers amassed to defend Stanford executives. Here's one: What happened to those reports that Sir Allen had hired Brendan Sullivan?
Thanks to some fundamental but seldom invoked provisions of the Patent Act, Life Technologies Corp. has reversed its fortunes in a DNA patent fight with Promega Corp.
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