The Litigation Daily The daily source for legal business news, analysis and intelligence from the editors and reporters at The AmLaw Litigation Daily. en-us Copyright 2014. ALM Media Properties, LLC. All rights reserved. The Litigation Daily NBC Inks $6.4 Million Deal to Stem Intern Uprising Everyone's waiting for a federal appeals court to decide if unpaid interns can band together to sue former employers for back wages. But for two contestants in the intern wars, the suspense was apparently too much to bear. Fri, 24 Oct 2014 14:42:49 EDT 1202674568904 NY High Court Upholds Rule Shielding Foreign Bank Branches In a decision with major implications for New York and its resident global financial institutions, the state's highest court ruled Thursday that banks with New York branches needn't turn over customers' overseas assets to claimants attempting to enforce U.S. court judgments. Thu, 23 Oct 2014 22:06:46 EDT 1202674467117 Excalibur Litigation Funders Take Another Hit A London judge ruled that a group of litigation funders must ante up an additional $7.7 million for a failed cased brought by an obscure entity called Excalibur Ventures that was represented by Clifford Chance. That brings their total legal tab to date to $57.7 million. Thu, 23 Oct 2014 20:14:11 EDT 1202674457301 Litigator of the Week: Nicholas Gravante Jr. of Boies, Schiller & Flexner On Texas turf, the New York litigator marshaled his resources to score a massive verdict against Trinity Industries that could affect the safety of drivers around the nation, and possibly beyond. Thu, 23 Oct 2014 15:33:05 EDT 1202674413809 When Lawyers Sue Lawyers, One Standard Should Apply Corporate law firms and their clients like to talk about tort reform and abuses by the plaintiffs bar. But what happens when the accusations flow the other way? Wed, 22 Oct 2014 19:35:29 EDT 1202674313041 Covington Fends Off Contraceptive IP Challenge for Actavis In a big win for Actavis plc, the Federal Circuit on Wednesday reaffirmed a lower court decision that Actavis' patent for the popular low-estrogen birth control pill Lo Loestrin is valid and enforceable. Wed, 22 Oct 2014 19:32:32 EDT 1202674322948 Wall Street Targets Urge NY Judges to Hobble the SEC A trio of federal judges—and eventually the U.S. Court of Appeals for the Second Circuit—will have to grapple with the SEC's power to target Wall Street defendants on the agency's own turf. Wed, 22 Oct 2014 18:05:12 EDT 1202674306490 Tech Players Line Up Against ITC Power to Ban Digital Files Congress gave the U.S. International Trade Commission the power to bar imports of products that infringe U.S. patents or otherwise offer their makers an unfair competitive edge. But should the ITC be able to block the flow of information as well? Tue, 21 Oct 2014 16:52:01 EDT 1202674159665 Dish, Southwest, Time Warner Targeted in New Patent Blitz After a brief hiatus—and some promising developments for patent defendants—the patent plaintiff Phoenix Licensing LLC fired off a new round of infringement lawsuits in East Texas federal court, targeting 15 companies ranging from Charter Communications to Honda to T-Mobile. Tue, 21 Oct 2014 12:33:33 EDT 1202674110183 Lawyer Escapes Sanctions Over Fosamax Trial 'Tirade' Four years after a federal district judge in New York lambasted a product liability lawyer for going overboard in his closing arguments during a bellwether trial against Merck & Co. Inc., an appeals court has vacated sanctions against the attorney. Mon, 20 Oct 2014 21:35:11 EDT 1202674059458 Boies Schiller Scores $175M Verdict in Guardrail Defects Case A federal jury ordered Dallas-based Trinity Industries to pay the government $175 million for withholding critical information about design changes to an approved safety feature. Mon, 20 Oct 2014 20:14:17 EDT 1202674053142 Facebook Sues DLA, Milberg, Former NY AG Over Ceglia Case The lawsuit, filed by lawyers at Kellogg Huber, alleges that leading partners at DLA Piper, Milberg and other firms knew or should have known that Paul Ceglia forged the contract at the heart of his highly publicized ownership case against Facebook. Mon, 20 Oct 2014 17:26:31 EDT 1202674027748 Knowles Evens Score in IP Fight With Chinese Rival Amid claims that its client was unfairly bullied by protectionist Chinese courts, team from Covington won a key victory at the U.S. International Trade Commission in an intercontinental patent feud involving mobile device technology. Sun, 19 Oct 2014 14:29:34 EDT 1202673889968 Kramer Levin Becomes Target in TransPerfect Partners' Row A multijurisdictional slugfest between the cofounders of the world's third-largest translation company is heating up after Sullivan & Cromwell sought sanctions against one of the founders and her lawyers at Kramer Levin Naftalis & Frankel. Fri, 17 Oct 2014 19:49:49 EDT 1202673869862