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Reversing an earlier ruling, the appellate court rejected Morgan Keegan's arguments that the SEC hadn't identified any materially misleading statements by the investment firm in its case over $647 million in auction-rate securities-gone bad.
The en banc opinion in Ariad v. Lilly means academics can't get patent protection for cutting-edge research if they can't describe what their discovery does.
Why is the International Trade Commission becoming an increasingly attractive venue for IP cases against foreign infringers? The quick resolution of a case involving special outlets that prevent accidental electrocution offers clues.
BP plc suffered a big blow on Thursday when a federal judge said it owed indemnification to Transocean for any compensatory damages that might arise from the Deepwater Horizon oil spill two years ago. Will BP now suffer the same fate with the other rig-operator at the center of the disaster, Halliburton?
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