Decisions/Settlements/Deals
Court Fight Looms After Fresenius Drops $4.3 Billion Akorn Deal
• Outside experts found breaches of FDA data-integrity standards • U.S.-based Akorn vows to enforce Fresenius’s deal obligations Fresenius SE and Akorn Inc. prepared to square off in court after the […]
JPMorgan Chase Bank Ruling Clarifies Diversity Jurisdiction
The “amount in controversy” required for a defendant to remove a case to federal court based on diversity jurisdiction isn’t limited to damages incurred prior to removal, the […]
Pre-Petition Agreements Are Enforceable in Chapter 11
• Courts divided on enforceability of pre-petition waivers and restrictions • Debtor wants to ignore binding effect of confirmation order Waivers approved in Chapter 11 are binding and […]
AT&T CEO Stephenson Takes Stand in Trial Over Time Warner
AT&T Inc. Chief Executive Officer Randall Stephenson took the witness stand to defend his company’s takeover of Time Warner Inc. against the U.S. government’s attempt to block the $85 billion […]
Judge Ditches Suit Over EPA Delay of Power Plant Water Limits
• Federal district court says it lacked jurisdiction • Fifth Circuit will continue to weigh the merits A federal court tossed out a lawsuit over the EPA’s indefinite […]
Judge Shakes Off Taylor Swift on Attorneys’ Fees in Copyright Spat
A federal court has rejected for Taylor Swift’s attempt to be reimbursed for legal expenses related to her victory over a claim that her 2014 single “Shake It […]
Bertucci’s Bankruptcy Plan Includes Initial Bid From Right Lane
• Restaurant owes $119 million, buyer is offering $19.7 million • The move comes as sit-down restaurant chains struggle Bertucci’s Inc., the chain of Italian eateries rooted in […]
C.R. Bard Must Pay Punitive $35 Million in Vaginal-Mesh Case
• New Jersey woman blamed Bard’s inserts for her injuries, pain • Vaginal-insert trial was first against company in New Jersey C.R. Bard Inc. was ordered to pay […]
Trump Pardons Cheney Aide Scooter Libby for Perjury in CIA Probe
•Charges stemmed from probe into leak of Valerie Plame’s name •‘I have heard that he has been treated unfairly,’ Trump says President Donald Trump pardoned I. Lewis “Scooter” Libby for lying to […]
Google Told to Remove Links to Businessman’s Criminal Case
•U.K. judge says crime information was out of date, irrelevant •Court rejects bid by second man to remove links to conviction Google was told by a London judge […]