A challenge to the novel Medicare drug price negotiation program, created to lower prescription costs, has reached the U.S. Court of Appeals for the Fifth Circuit. Pharmaceutical manufacturers and related groups nationwide are contesting the program as unconstitutional. During the oral arguments in New Orleans, Judge Jennifer Walker Elrod noted the singular nature of the…
In a recent judgment, the Federal Circuit overruled a decision put forth by Western District of Texas Judge Alan Albright concerning a patent infringement lawsuit against Zebra Technologies Corp. According to the initial ruling, the plaintiff was understood to lack constitutional standing to press charges for patent infringement. Upon review, the Federal Circuit came to…
A North Carolina-based law firm, Cranfill Sumner, has made its debut in Washington D.C., opening an affiliate office. The firm has turned notable heads in the field by hiring a senior Securities and Exchange Commission official to helm their white-collar defense practice. Cranfill Sumner divulged on Wednesday that Christina Zaroulis Milnor, a seasoned former assistant…
As the legal proceedings of a highly anticipated trial get underway in a Florida federal court, accusations are rising high on both sides surrounding Chiquita Brands International and its operations in a Colombian banana-growing region. According to opposing lawyers, the multinational behemoth’s alleged neglect for human life in favor of high yield profits has unfolded…
Chiquita Brands International is on trial in a Florida federal court this week, in a case that is garnering significant attention. Plaintiffs’ lawyers are arguing that the multinational fruit company profited from payments made to a right-wing Colombian militia group responsible for the murders of hundreds of people. According to a report from Law.com, the…
With a focus on transparency in the legal world, there are instances where that virtue seems to fall through the cracks. Thus, in recent news, Federal judges have been spotlighted for their failure to report luxury gifts, in the form of undisclosed trips, provided by those with vested interests. One cannot help but wonder if…
Biglaw, a common term used to describe some of the world’s most powerful, international law firms, saw a considerably profitable year in 2023. The data supporting this conclusion was collected by ALM for the annual Am Law 100 ranking. This ranking assesses the financial health of America’s 100 most profitable law firms, providing a comprehensive…
On Wednesday, Florida, New York, and the District of Columbia linked arms with Tennessee and Virginia in their ongoing antitrust lawsuit against the National Collegiate Athletic Association (NCAA). The amalgamation of states are challenging the NCAA’s policies pertaining to name, image, and likeness rights of players. The focal point of the lawsuit is a request…
Justice Curtis Farber, a Manhattan Supreme Court Judge, has been selected to preside over the newly-remitted sex crimes case against Harvey Weinstein. This follows the recent 4-3 ruling by the New York Court of Appeals which overturned the producer’s prior conviction on the basis that the trial court had erred in admitting allegations of prior,…
In an ongoing legal battle highlighting the profound intersections of sports and intellectual property law, two companies owned by former MLB player Yoenis Céspedes have recently achieved a significant early victory. A preliminary injunction has been granted against several corporations by a federal court in Florida, as part of a dispute regarding baseball bat trademarks….
The recent implementation of a federal rule, banning the use of worker noncompete agreements within the healthcare sector, shines a spotlight on the nonprofit industry and notable applicability exemptions related to the new regulation. The rule, overseen by the Federal Trade Commission (FTC), generates significant relevance for the approximately 3,000 nonprofit, tax-exempt hospitals operating across…
The global legal landscape has been rife with speculation ever since the merger news between Allen & Overy and Shearman broke out. A pivotal concern for the legal profession is its potential success, a metric that can prove tricky to gauge in its early days. Nonetheless, Law.com International Editor-in-Chief Paul Hodkinson has outlined five factors…
A small company specializing in repairing McFlurry ice cream machines, Kytch Inc., is disputing a claim by its former law firm, Clare Locke, over a fee request of at least $7 million. The dispute has its roots in a case where Kytch is suing McDonald’s Corp for false advertising and trade libel. Earlier this week,…
Walking into a bank recently, I discovered that the best interest rate on offer from them for a certificate of deposit (CD) was a promising 5.11%. A return that is essentially guaranteed, these deposits are, furthermore, FDIC insured. The minimal commitment required was to keep the principal amount for a mere 11 months which led…
In a refreshing display of community service, Brooklyn lawyers are assisting individuals reintegrating into society after being involved with the justice system, by providing them with suits. The ongoing suit drive is a testament to the power of a simple garment; not only do suits exude professionalism, but they can also make a significant difference…
In a highly competitive legal market, attorneys and law firms vie for the same business from clients. As a result, finding innovative ways to distinguish oneself becomes imperative. A particularly notable and effective method has been for lawyers to outwardly show their support for their clients as discussed recently. Loyalty can be demonstrated in a…
In a recent legal development, New Jersey’s Federal Judge approved a consent judgment barring Jiangsu Hengrui Pharmaceuticals, the Chinese drugmaker, from misappropriating trade secrets belonging to Johnson and Johnson’s pharmaceutical subsidiary, Janssen. The trade secrets in question involve the formulation of the widely used chemotherapy drug Yondelis. As part of the agreement, Jiangsu Hengrui Pharmaceuticals…
Columbia Law School in New York is offering a pass/fail grading scale as an optional measure amid the ongoing Pro-Palestine student-run protests on its campus, the first of their kind in the school’s history. Students have the choice to have a course graded on a full credit or fail basis up until an hour before…
In a timely strategic move, eminent Wall Street law firm, Sullivan & Cromwell, is initiating a national security practice. This decision is made in the light of the US government’s increasing thrust on corporate enforcement blending with security interests. With prominent clients such as JPMorgan Chase & Co., Wells Fargo & Co., and Barclays, Sullivan…
A greeting card company that secured backing from an investor on the popular TV show “Shark Tank” is now enmeshed in legal proceedings against a competitor. The company alleges that its rival has created imitative card designs and breached several of their patents. This lawsuit plays into a broader narrative within the greeting card industry,…
The owner of a metal fabrication company in Connecticut has admitted to the non-disclosure of nearly $3 million in business income to the U.S. Internal Revenue Service (IRS), according to announcements made by federal prosecutors in the state. The case highlights the legal consequences faced by individuals and businesses who fail to fully comply with…
The recently expanded Boston office of Holland & Knight LLP welcomes the addition of a key new member, the former co-chair of Choate Hall & Stewart LLP’s healthcare group. In her new role at Holland & Knight, she aims to streamline her practice with a stronger emphasis on representing healthcare service providers. The decision to…
According to a recent article published by Bloomberg, the U.S. Securities and Exchange Commission (SEC) is once again focusing its attention on ensuring organisations do not overly inflate earnings or overly emphasise optimistic results. This scrutiny seemingly arises from corporate reporting habits wherein certain undesirable elements are deliberately excluded, colloquially referred to as “earnings before…
A group of investment firms, among them Benefit Street Partners, may be nearing a substantial return of $600 million from an initial $5.6 million funding deal connected to the bankruptcy suit of Sanchez Energy Corp. Leading a collection of unsecured creditors that sought legal action following the 2019 bankruptcy, Benefit Street appears to have scored…
A complaint was filed last week with the Maryland Circuit Court for Prince George’s County against multiple medical device companies, according to Law.com. The plaintiffs, a couple, are alleging that a bone grafting repair product resulted in their development of tuberculosis. Information regarding the case was first reported by Law.com Radar, a service of ALM…