The Litigation Daily
A divided Federal Circuit panel affirmed an East Texas jury verdict upholding the validity of a patent owned by licensing company Alexsam Inc. that covers systems used to process prepaid phone and gift cards. But it reversed jury's finding that IDT Corporation had infringed the patent for one system, and affirmed the district court's ruling that there was no infringement on another.
For years U.S. District Judge Harold Baer in Manhattan has been using his power to appoint plaintiffs counsel as a means to cajole lawyers to find more women and minorities to lead class action lawsuits. Now another New York judge has followed his lead in a suit against Bayer AG.
Companies have wielded the Supreme Court's decision in Morrison v. NAB to strike down securities claims in case after case. So it's no surprise that the defense bar--including the lawyer who won Morrison back in 2010--came out in force Friday to back UBS AG in an appeal that could undermine Morrison's force.
For the lawyers at Cravath fighting Dexia SA's mortgage-backed securities lawsuit against JPMorgan, Jed Rakoff giveth, and Rakoff taketh away.
May 17, 2013 :: Antitrust
2012 was the year of billion-dollar wins in patent cases, but the largest award so far this year has come in an antitrust case against Dow Chemical. On Wednesday, a judge trebled a $400 million jury verdict in a class action in which the company was accused of fixing prices for the chemical urethane.
May 17, 2013 :: Other
Four years after the Supreme Court landed the second part of its one-two punch in Twombly and Iqbal, we caught up with the lawyer whose civil rights case on behalf of a Pakistani detainee ultimately changed the face of pleading-stage litigation.
May 17, 2013 :: IP
Patent trolls have been the subject of increasing debate, but should we be focusing on bad patents instead? That's the interesting question posed at a recent panel discussion on patent-assertion entities at Yale Law School.
May 16, 2013 :: Other
BlackRobe Capital may have been backed by plenty of high-profile legal talent, but it turns out that wasn't enough to keep the litigation funding firm afloat.
May 16, 2013 :: Litigator of the Week
Most visitors to Las Vegas wind up losing money. O'Malley has a habit of showing up, bickering with casino magnate Sheldon Adelson, and leaving with multimillion-dollar jury verdicts.