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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.Wal-Mart Case in Massachusetts Raises Accusations of Collusion
When is a proposed settlement between class action plaintiffs lawyers and a defendant company collusive and unfair to the class? That's the question a Massachusetts judge faces at a Wednesday hearing in an eight-year-old wage-and-hour class action against Wal-Mart that has pitted warring groups of plaintiffs lawyers against each other. One side claims the other tried to strike a collusive deal with Wal-Mart; the other side denies the accusation and asserts it's won an excellent settlement proposal.Cite as: In re Air Cargo Shipping Services, 11-5464-cv, NYLJ 1202575087213, at *1 (2d Cir., Decided October 11, 2012)Before: Jacobs, Ch.J., Kearse and Hal
Chinese Company Agrees to Settle in Vitamin C Private Antitrust Action
One of four defendants in a long-running litigation agreed to a $10.5 million class action settlement on May 21, the first-ever settlement of U.S. civil antitrust claims by a Chinese company, according to William Isaacson of Boies, Schiller & Flexner, who is co-lead counsel for a class of direct purchaser plaintiffs.EDRM Remains Vital to E-Discovery
The 9th annual Electronic Discovery Reference Model kickoff meeting wrapped up in Saint Paul, Minn., to set the agenda and direction for the year. All participants agreed that we continue to operate in the 1% bubble and the e-discovery community needs to find better ways to reach out to the other 99%. However, this problem seems to be solving itself. [MORE]Attorneys for NFL players, owners line up in Minneapolis
Call it a Super Bowl for lawyers. Players and owners from the National Football League squared off in Minneapolis federal court on April 6, represented by some of the nation's best-known advocates.A Buyer's Guide to Law Firm Software
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