Emerging ‘rogue players’ may make legal damages harder to seize
Problems with recovering court-awarded assets — and efforts to tackle them — are widespread and potentially growing.
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Feds sue Anthem, Cigna to block $48B merger
U.S. antitrust enforcers on Thursday roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three.
US preparing lawsuits against Anthem, Aetna deals, sources say
U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the matter.
Dow-DuPont could be on hook for Teflon liabilities, groups say
DuPont Co. and Dow Chemical Co. should tell shareholders before Wednesday’s merger vote that they may face exposure to costly potential damages from claims that a chemical used to make Teflon caused cancer and other ailments, community activists are telling the companies.
Dow-DuPont could be on hook for Teflon liabilities, groups say
DuPont Co. and Dow Chemical Co. should tell shareholders before Wednesday’s merger vote that they may face exposure to costly potential damages from claims that a chemical used to make Teflon caused cancer and other ailments, community activists are telling the companies.
GM avoids some claims in suits over faulty ignition switches
A federal judge dismissed a swathe of customer claims in the nationwide litigation over General Motors Co.’s deadly ignition switch defect that triggered the recall of millions of vehicles two years ago.
Treasury corporate-debt rules exceed authority, tax lawyers say
The U.S. Treasury Department exceeded its authority by proposing wide-ranging regulations intended to curb corporations’ ability to shift their American earnings overseas, tax lawyers told agency officials during a hearing.
Tesla won’t be able to put crash defense on autopilot
Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short.
Facebook sued for $1B for alleged use of medium for terror
Lawyers filed a $1 billion lawsuit against Facebook Inc., alleging it allowed the Palestinian militant Hamas group to use the platform to plot attacks that killed four Americans and wounded one in Israel, the West Bank and Jerusalem.
401(k) fees are attracting more attention—from lawyers
Recent mega-settlements involving 401(k) lawsuits, along with a U.S. Supreme Court ruling last year that put plan fiduciaries on high alert about the need to continuously monitor plan investments, has encouraged more law firms to develop and expand their fiduciary litigation practices.
Astra faces off with FDA on copies of $7 million-a-day drug
AstraZeneca Plc is making a final push to protect a drug that makes $7 million a day in the U.S. against cheaper copies as pressure mounts on the U.K. drugmaker to meet its own projections of almost doubling revenue.
Personalized medicine gets boost from court ruling on patents
The business of diagnostic treatments and personalized medicine got a boost Tuesday after an appeals court made it harder to invalidate certain patents by claiming they simply cover laws of nature.
Wells Fargo’s partial tax victory may spur billions in refunds
Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say.
US health fraud stings net 301 people this year, most ever
The U.S. charged 301 people this year in a series of medical fraud sting operations, the most ever, for allegedly running scams that bilked the government out of $900 million.
Justice Alito sells Exxon stock after almost decade of recusals
U.S. Supreme Court Justice Samuel Alito has finally sold the Exxon Mobil Corp. stock that for almost a decade kept him from taking part in cases involving the world’s biggest publicly traded oil company.
Federal judge strikes down Obama’s effort to regulate fracking
A federal judge struck down the Obama administration’s signature effort to regulate hydraulic fracturing on public lands, putting another of the president’s environmental initiatives in legal limbo months before he leaves office.
Reynolds wins at US high court in EU drug-money lawsuit
A divided U.S. Supreme Court threw out a European Union suit that accused Reynolds American Inc. of orchestrating a global scheme to launder drug money, in a ruling that limits the reach of a federal racketeering law that can impose heavy damage awards.
US Supreme Court upholds rules used by patent-review board
The U.S. Supreme Court upheld a system that has helped companies like Google Inc. and Apple Inc. invalidate hundreds of disputed patents without having to go to court.
‘Stairway’ trial opens with questions about obscure ‘Taurus’
The trial over whether Led Zeppelin’s Jimmy Page and Robert Plant stole the iconic opening riff to “Stairway to Heaven" opened with testimony about when the British rockers might have heard the 1968 song they’re accused of copying.
Ready to rock out at Zeppelin ‘Stairway’ trial? Try sheet music
Anyone with internet access can listen for themselves to whether Led Zeppelin’s opening “Stairway to Heaven” riff rips off a song recorded three years earlier. But the jury deciding the fate of the rock masterpiece — and its millions of dollars in royalties — won’t hear a simple mash-up with the obscure 1968 instrumental “Taurus” by the group Spirit.