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Companies fighting patent infringement claims once went three frustrating years without a single jury win in the Eastern District of Texas. So far this year, they've prevailed at trial seven times, far eclipsing the number of plaintiffs wins. What gives?
Legal Business Falls With Plunge in IPOs
A dire market for initial public offerings this year has triggered an abrupt halt in work for corporate lawyers who regularly handle issues associated with those financings. So far this year, only four companies have gone public, compared to 25 in the first four months of 2008, according to Renaissance Capital, an independent IPO research firm based in Greenwich, Conn. And as of April 29, only five companies this year have filed documents with the U.S. Securities and Exchange Commission to go public, a 93.8 percent decline from the 81 in the same period in 2008.California courts have had a lot to say in recent years about class certification and mandatory arbitration—but they've skirted questions that would put state policy in direct conflict with evolving federal law.
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