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January 12, 2007 |

Patent Ruling Roils Biotech World

In a patent case that could change the way drug companies enter into licensing agreements, the Supreme Court this week ruled that biotech firm MedImmune may sue its licensing partner Genentech. There will be little impact on collaborative deals, in which the licensor and licensee work together to bring a drug to market, but when a company wants to protect itself against infringement -- as in the MedImmune case -- licenses will likely contain language that terminates a license if a licensee files suit.
5 minute read
May 22, 2006 |

Sidley Could Face $100M Liability in Opt-Outs

Sidley Austin is expected to pay $30 million to settle a class action filed by more than 200 investors who lost money on illegal tax shelters that the law firm approved. But the nation's seventh-largest firm isn't out of the woods yet. Investors in about 55 cases have opted out of the settlement, which includes claims against KPMG, the accounting firm that sold the shelters. A lawyer who represents three such investors said liability costs associated with the opt-out cases could exceed $500 million.
4 minute read
May 01, 2012 |

Deals & Suits

25 minute read
September 21, 2009 |

D.C. Calendar of Events

3 minute read
October 21, 2000 |

Regulation FD Likely to Chill Informal Talks

One thing is for certain: No company wants to become the Regulation Fair Disclosure poster child. Before the controversial Securities and Exchange Commission rule went into effect today, there was a flurry of last-minute guidance -- from private attorneys as well as the federal agency itself -- to companies as they begin navigating the murky times ahead.
5 minute read
February 06, 2006 |

Class Counsel in KPMG Case Seek To Sweeten Deal With Legal Fees

With one in five class members opting out of a vaunted $225 million settlement in a suit against KPMG and a law firm that advised it, the class counsel is trying to make the deal more attractive to the detractors' lawyers. Milberg, Weiss, Bershad & Shulman, which would get $30 million under the settlement, is offering fees to lawyers who convince their clients to drop individual claims and accept the settlement terms.
4 minute read
January 16, 2002 |

New Deals

In a deal valued at about $5.3 billion, Rodamco North America NV, a Dutch real estate company involved in property investment in North America, announced a break-up on Sunday in which three companies will split Rodamco`s portfolio of U.S. malls. Under the terms of the agreement, Sydney, Australia-based Westfield Holdings Ltd., will pay $1.36 billion in cash and assume $936 million in Rodamco debt to acquire nine malls; Indianapolis-based Simon Property Group Inc. will pay $980 million in
3 minute read
November 13, 2006 |

The NLJ 250 Chart (51-100)

6 minute read
May 01, 2009 |

Big Suits

USA/UBS; Citibank Shareholder Derivative Litigation; Congoleum Chapter 11 Bankruptcy; FTC vs. Whole Foods; Parmalat Securities Litigation; SEC v. Automated Trading Desk Specialist, et al.
15 minute read
Clawback Controversy Now Clouding Dewey Bankruptcy
Publication Date: 2013-10-24
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The fight over the validity of so-called unfinished business claims in law firm bankruptcies is heating up in courts on both coasts this week.

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