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On Wednesday lawyers for LG at Munger Tolles and Paul Hastings asked U.S. District Judge Susan Illston to scrap her plans for a bifurcated May trial in the five-year-old MDL, explaining that with two new settlements last week, LG and Toshiba are the only defendants left. The judge rejected that argument at a hearing on Wednesday, opting to move forward with the trial as planned.
Florida Drug Firm Awarded $48 Million in Trade Secrets Case
A federal jury has found that a California-based drug company stole trade secrets concerning a new drug from a Florida rival and must pay that company $48 million in damages for tortious interference and unfair competition. The case arose after two founders of a drug company had a bitter split. The dramatic trial featured evidence of documents pilfered from the trash, a corporate mole, the secret involvement of a former FBI agent, and a frantic race to get a "miracle" drug on the market.$2 Mil. Granted in Attorney Fees in Telecom Lawsuit
A federal judge in Pittsburgh awarded nearly $2 million in attorney fees following a class-action settlement for $4.4 million with Sprint Communications and other companies that installed fiber-optic cables on railroad rights of way without approval from adjacent property owners.Cite as 12 C.D.O.S. 1015 ALLEN RAY KLEIN et al., Plaintiffs and Appellants, v. CHEVRON U.S.A., INC. et al.
WTC Insurer Has Right to Independent Appraisal
One of many insurance companies locked in a dispute with World Trade Center leaseholder Larry Silverstein has the right to an independent appraisal of the loss incurred in the Sept. 11 attacks, Southern District of New York Judge John S. Martin has ruled.Corporate Transparency Act Resource Kit
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