Law firms, Pillsbury Winthrop Shaw Pittman LLP and Stroock & Stroock & Lavan LLP, revealed they have decided to terminate discussions over a prospective union, concluding that it “was not the right path.” As reported by Law360, both establishments confirmed the cessation of dialogue on Thursday. This announcement comes amid a turbulent period for law…
A California federal judge recently displayed skepticism towards a retrial request by purchasers of HIV medication. The request followed the absolution of Gilead Sciences and Teva Pharmaceuticals from allegations of contriving an illegal agreement to postpone the release of generic equivalents of their drugs. The judge suggested that any issues pertaining to the jury’s adherence…
A recent legal action has seen a cannabinoid producer filing allegations against a firm related to billionaire venture capitalist, L. John Doerr. The lending practices of Doerr’s company are under examination as they are accused of intentional bankruptcy manipulation against biotech corporation Amyris Inc. According to the lawsuit, the venture capitalist firm’s objective was to…
A December 2024 trial date has been scheduled for current and former college athletes to challenge the NCAA and its major conferences. This legal proceeding stems from allegations that athletes were uncompensated for payments authorized by the U.S. Supreme Court in its Alston decision. This recent verdict has been pivotal to the claims and the…
In a recent legal lens into the nascent world of nonfungible tokens (NFTs), a California federal judge has awarded Yuga Labs, an NFT studio, a sum of nearly $1.6 million. The payout from the lawsuit comes following allegations against a duo who supposedly sold copycat tokens infringing on Yuga Labs’ prominent Bored Ape Yacht Club…
In a recent development involving Apple and medical technology firm AliveCor, the Patent Trial and Appeal Board (PTAB) made a significant finding. The Board concluded that ten claims made by AliveCor in relation to a heart monitor patent were in fact invalid. AliveCor’s appeals were not completely in vain, however, as three of their claims…
In a recent legal update surrounding FTX founder Sam Bankman-Fried, new developments shed light on his upcoming trial testimony. At a hearing last Thursday, Bankman-Fried’s responses were characterized as evasive and rambling during the government questioning session. This incident is expected to serve as a preview of what could be a contentious cross-examination in front…
As amidst an ocean of professional triumphs and fluctuations, personal stories occasionally surface, shaking the legal community to its core. This was particularly true in the case of Kieran Donovan, a former Latham partner who shared his personal trauma, sending ripples through a profession traditionally known for its steel-lined composure. Donovan, whose story caught me…
An ongoing legal controversy involving U.K. banking magnate HSBC and a contested claim of $1 billion for alleged improper use of confidential information surrounding the division of the collapsed Silicon Valley Bank is slated to go before a federal judge in San Francisco later this week. This case, along with other significant intellectual property matters,…
Emcure, an Indian pharmaceutical giant, once again requested the dismissal of a $950 million trade secrets lawsuit lodged by Seattle-based biotech company HDT Bio Corp., during a proceeding on Thursday. Emcure contended that HDT’s claim alleging the theft of trade secrets is a duplication of a concurrent arbitration process in London. The substantial lawsuit stems…
In a recent legal development, Kasowitz Benson Torres LLP has been disqualified from acting as litigation counsel for the unsecured creditors committee in the ongoing Chapter 11 case of mortgage lender AmeriFirst Financial. The ruling was issued by a Delaware judge underpinning that Kasowitz had previously represented the debtor in related legal disputes involving a…
A trademark lawsuit between two major producers of medical lasers, known for their use in skin care treatments, has been settled. The lasers, which gained mainstream attention through their adoption by prominent figures including Kim Kardashian, have been the subject of legal contention within the New Jersey federal district court. The lawsuit was recently dismissed,…
In a recent determination, the Eleventh Circuit has upheld a jury verdict asserting that there was no partnership in existence between a deceased computer forensics expert and Craig Wright, recognized widely as the self-proclaimed inventor of bitcoin. The decision affirms the jury’s earlier finding, creating a considerable precedent in the ongoing dialogue about the origins…
In a development that will capture the attention of legal professionals across the globe, especially those in the spheres of intellectual property and patents, the Federal Circuit recently affirmed two decisions by the Patent Trial and Appeal Board (PTAB). These rulings found all contested claims relating to a memory patent belonging to Monterey Research LLC…
In an era marked by significant shifts in the sports industry, the rise of women’s professional sports globally is an exciting development that reaffirms a changing landscape of investment opportunities. Earlier this year, emphasis was laid on the surging popularity of women’s soccer in the United States. This sparked projections for a considerable increase in…
Attaining professional growth in law firms may be intrinsically linked with strategic marketing approaches. Sheenika Gandhi, director of marketing and business development at Peppermint Venture Partners, recently shared practical tips on how lawyers can advance their skills while also setting up opportunities for marketing and business development. In her article published on JD Supra Perspectives,…
The city of Dallas has recently initiated legal proceedings against an apparel company, accusing the unnamed brand of plagiarizing its longstanding, registered logo. Featuring a trio of concentric ‘Ds’, this 51-year-old distinctively Dallas trademark has allegedly suffered due to the actions of the offending clothing firm. The case, lodged at the Texas federal court, is…
On 3 October 2023, a case that could redefine the financial landscape was brought before the Supreme Court. The case in question: Consumer Financial Protection Bureau v. Community Financial Services Association, Ltd., No. 22-448. The Consumer Financial Protection Bureau (CFPB), a U.S. government agency tasked with consumer protection in the financial sector, challenged the decision…
A state-led Republican challenge to the US Labor Department’s “ESG Rule,” governing retirement investing with respect to environmental, social, and corporate governance (ESG), is now under consideration by the US Court of Appeals for the Fifth Circuit. Over two dozen Republican state attorneys general lodged a suit against the department, appealing against the regulation of…
In an attempt to ensure greater food safety in the state, California Governor Gavin Newsom has recently signed a new piece of legislation known as the California Food Safety Act, or AB 418. The act, coming into force from 1 January 2027, prohibits the use of four additives in food products — brominated vegetable oil…
The U.S. Securities and Exchange Commission’s (SEC) reversal of Trump-era restrictions around companies directing shareholder voting has encountered mixed reactions at the Sixth Circuit. While some support the rollback, others have voiced skepticism, aligning themselves with the concerns voiced by another conservative-leaning federal appeals tribunal. The 2022 regulatory rollback imposed by the SEC drew criticism…
The New Jersey courts have recently come under the spotlight as the Appellate Division decided to support plaintiffs’ requests to access Electronic Medical Records (EMRs) of healthcare providers and facilities, albeit under certain conditions. The decision is based on the case of Estate of Lasiw by Lasiw v. Periera, 475 N.J. Super. 378 (2023) amid…
In a David versus Goliath case that was set to hit trial on Tuesday, VetStem Biopharma Inc, a key player in the veterinary medicine industry, reached an agreement to settle a lawsuit over alleged patent infringement in California’s federal court Law360 reports. The suit accused a stem cell clinic of infringing VetStem’s patented veterinary medicine…
The FCC Enforcement Monitor for October 2023 is now available for review. This monthly publication, compiled and released by Pillsbury’s communications lawyers, has been an invaluable resource for legal professionals specialising in the communications sector since its inception in 1999. This monitor is indispensable for anyone seeking detailed information on significant FCC enforcement actions against…
Discussions around large mergers and acquisitions often have significant implications for those in the legal profession. A case that may soon impact this sector revolves around Fortress Investment Group’s recent consideration of a major real estate transaction. In a significant development, the Fortress Investment Group, a leading investment handling company, is said to have approached…