In a resolute decision, the 2nd U.S. Circuit Court of Appeals in Manhattan has confirmed the lifetime ban of Martin Shkreli, the infamous pharmaceutical executive notorious for his exorbitant price hike of a life-saving drug. The ban, initially imposed in January 2022, was upheld on Tuesday, as the three-judge panel deemed the lower court’s judgment …
Pharma Tycoon Martin Shkreli’s Lifetime Industry Ban Stands Firm Read More »
In a groundbreaking ruling on Tuesday, a jury in Portland, the headquarters of PacifiCorp, mandated the Oregon electric utility, owned by Warren Buffett’s Berkshire Hathaway, to shell out a minimum of $62 million to nine homeowners grappling with the aftermath of the 2020 wildfires that wreaked havoc across the state. The compensation breakdown included nearly …
In a significant development, pharmaceutical giant Johnson & Johnson is on the brink of settling with 42 U.S. states over allegations of misleading consumers regarding the safety of its talc products, widely accused of causing cancer. The tentative agreement, valued at around $700 million, represents a crucial step in the company’s ongoing efforts to put …
Johnson & Johnson Nears Resolution with 42 U.S. States in Talc Investigation Read More »
In a plea to the U.S. Supreme Court, three senators and 24 state attorneys general are calling for an end to the use of bankrupt shell companies by prosperous entities like Georgia-Pacific to evade lawsuits. Senators Dick Durbin, Sheldon Whitehouse, and Josh Hawley presented an amicus brief, challenging a June 2023 decision by the 4th …
Supreme Court Urged to Halt Corporate Bankruptcy Maneuver Exploited by Wealthy Companies Read More »
In a recent legal showdown, a federal appeals court, situated in the heart of Washington, stood firm on its decision not to reconsider the limitations placed on former President Donald Trump’s public statements regarding individuals implicated in the 2020 election case. The case revolves around allegations that Trump orchestrated a plot to overturn the election …
Trump’s Bid to Lift Gag Order Thwarted by Appeals Court in Ongoing Election Case Drama Read More »
In a pivotal move, the Biden administration has implored the U.S. Supreme Court to overturn a 2023 judicial ruling that threatens to restrict access to the abortion pill, Mifepristone. Asserting that the decision poses a significant challenge to the authority of the Food and Drug Administration (FDA) and could jeopardize the American healthcare system, the …
In the wake of the U.S. Supreme Court’s ban on race-conscious admissions at colleges and universities last June, a recent survey conducted by Kaplan reveals a notable unease among law school admissions officers regarding the potential impact on diversity within their student bodies. Among the 85 admissions officers at U.S. law schools surveyed, 54% expressed …
New Challenges Arise for Law School Diversity Amid Affirmative Action Ruling Read More »
In a noteworthy move within the legal arena, Davis Polk & Wardwell has announced the recruitment of seasoned civil litigator Rory Leraris from Cravath, Swaine & Moore. The development underscores a growing trend, as Leraris becomes the latest in a series of partners making the switch from Cravath to Davis Polk, marking the fourth such …
Strategic Legal Maneuvers: Davis Polk Attracts Top Talent from Cravath Read More »
In an unexpected turn of events, the trial for writer E. Jean Carroll’s civil defamation case against former U.S. President Donald Trump has been postponed. The presiding judge, Lewis Kaplan, made the decision to delay proceedings until Tuesday due to a juror feeling unwell and the revelation that one or more parents of Trump’s lead …
Trial Halted: Unexpected Twists Delay E. Jean Carroll’s Legal Battle Against Trump Read More »
In a move reflecting the changing landscape of legal practice, the Florida Bar has shed light on the ethical use of artificial intelligence (AI) by attorneys, echoing a similar initiative by the California Bar in November. However, this trend may not be confined to the coasts, as bar associations in six additional states, including New …
Legal Landscape Shaped by AI: Evolving Ethics Guidelines Across Multiple States Read More »
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