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January 12, 2012 |

CVS settles FTC charges that a subsidiary misrepresented prescription drug prices

CVS Caremark Corp. has agreed to pay $5 million to settle Federal Trade Commission charges that a subsidiary misrepresented prices of some prescription drugs for Medicare D participants.
3 minute read
October 16, 2009 |

Philip Morris drops challenge to SF tobacco ban

SAN FRANCISCO AP - Cigarette maker Philip Morris has dropped its lawsuit challenging San Francisco's prohibition on tobacco sales at pharmacies.The announcement Thursday by the San Francisco City Attorney's office follows a federal appeals court ruling denying the company's request for an injunction that would have kept it from enforcing the year-old law.
1 minute read
August 31, 2006 |

New Deals

Rite Aid Corp. has purchased the U.S. operations of Jean Coutu Group Inc., a Canadian drugstore chain, for $3.4 billion in cash, stock and assumed debt. The transaction includes nearly 2,000 Brooks and Eckerd drugstores and six American distribution centers, and will make Rite Aid the largest drugstore chain operator on the East Coast. Also, IBM has acquired the software security adviser Internet Security Systems Inc. in an all-cash deal valued at $1.3 billion.
3 minute read
May 04, 2012 |

Jackson Lewis

3 minute read
April 12, 2012 |

Net Lease Cap Rates Likely to Remain Flat

Cap rates for net lease retail properties around the country barely budged in the first quarter, and will likely stay flat at about 7.75% for the rest of the year, according to the locally based Boulder Group.
2 minute read
July 28, 2008 |

LaBeouf booked for DUI after late-night wreck

LOS ANGELES AP - Shia LaBeouf was arrested on suspicion of drunken driving Sunday after an early morning wreck in which the "Indiana Jones" star injured his hand and knee, authorities said.LaBeouf was trying to make a left turn at a West Hollywood intersection around 3 a.m. when his pickup collided with another vehicle, rolling the truck over, Los Angeles County Sheriff's Sgt.
2 minute read
October 09, 2012 |

Individual Liability in Construction Litigation

There are several ways practitioners should be aware of whereby individuals can be exposed to significant personal liability in construction disputes even though the work on a construction project was performed by a business entity.
8 minute read
May 15, 2012 |

Hodges v. Walgreens, PICS Case No. 12-0865 (E.D. Pa. April 25, 2012) Schiller, J. (10 pages).

Plaintiff properly limited the amount of damages in the ad damnum clauses to an amount below the $75,000 jurisdictional threshold and defendants did not show to a legal certainty that the amount in controversy exceeded $75,000; therefore, the court lacked subject matter jurisdiction. Plaintiff's motion to remand granted.
3 minute read
October 01, 2013 |

Kardashians Off the Hook in Suit Over Diet-Product Endorsement

A federal judge has dismissed a class-action suit against Kourtney, Khloe and Kimberly Kardashian over their endorsement of QuickTrim diet products.
2 minute read
February 19, 2010 |

Walgreens taps three firms to guide buyout

Walgreens announced on Wednesday plans to acquire rival Duane Reade for nearly $1.1 billion in cash, expanding the national drugstore chain's presence in the New York metropolitan area. The deal saw Paul, Weiss, Rifkind, Wharton Garrison; Wachtell, Lipton, Rosen Katz; and Weil, Gotshal Manges score key advisory roles.
3 minute read

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