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Suit Alleging Kickbacks in Title Insurance Industry Is Rejected
Plaintiffs who sought to win damages under the anti-kickback provision of the federal Real Estate Settlement Procedures Act offered nothing more than "mere conjecture" in their complaint against title insurance companies, the Second Circuit concluded on Tuesday.Suit alleging kickbacks in title insurance industry is rejected
A federal appeals court has dismissed a proposed class action alleging industry-wide kickbacks in the title insurance business.New Deals: Swiss Company Logitech to Acquire LifeSize Communications
Lifesize Communications Inc. to be acquired by Logitech International S.A.; TPG Capital to purchase majority stake in Valerus Compression Services; Denbury Resources Inc. to acquire Encore Acquisition Co.; and Burlington Northern Santa Fe Corp. to be acquired by Berkshire Hathaway Inc. Vinson & Elkins represented LifeSize Communications in the company's pending acquisition by Swiss company Logitech International S.A. for $405 million.Cite as: Frawley v. Dawson, 6697/07, NYLJ 1202498269956, at *1 (Sup., NA, Decided May 20, 2011)Justice F. Dana WinslowDecided: May 20, 20
It's been a big week in the gene patent wars, with a landmark Supreme Court decision on the patentability of human DNA and a setback for opponents of genetically modified crops. In both cases, advances in genetic science collided with entrenched ideas about nature and unsettled issues in patent law. And they were both brought by 38-year-old IP lawyer (and newly-litigious investor) Daniel Ravicher of the Public Patent Foundation.
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