A large portion of legal learning comes through law school and subsequent real-world experience, but private equity attorneys say there is plenty to be gleaned from reading done outside of work. The captivation that comes with reading for pleasure can help you better comprehend complicated Continue Reading
Triple Play: Should Businesses be Concerned About Truth-in-Contract Claims?
Triple Play is a weekly NJBIZ feature that asks top executives in New Jersey to talk about three things related to their industry.Edward J. Fanning Jr., is a leader of McCarter & English’s task force representing businesses that have been sued or received demand letters alleging violations of a Continue Reading
Prosecutor Fights Discovery In Wilmington Trust Class Suit
A dispute has erupted over a request to resume discovery in a federal class action suit targeting Wilmington Trust Co.’s concealment of disastrous loan portfolio weaknesses, with parties in a related criminal case joining in. An attorney for former Wilmington Trust President Robert V.A. Harra Jr. Continue Reading
David Kott and Edward Fanning Write Amicus Brief on Behalf of New Jersey Civil Justice Institute in Long-Running Accutane Litigation
The New Jersey Civil Justice Institute has filed a friend of the court brief in a long-running case over the acne medicine Accutane. This is actually the second amicus brief NJCJI has filed in this case, the first having been filed in 2009. At issue this time around, is which statute of Continue Reading
Veronica Montagna interviewed in “The Lending Landscape…” which appeared in Metropolitan Corporate Counsel
ln some ways, the banking and commercial-lending industry is what it always was: lenders underwriting the credit-worthiness of prospective borrowers, generally, and of various projects, specifically, to ensure that loans are priced profitably and commensurate with risk. In other ways, the sector is Continue Reading
County: Grimaldi Doesn’t Deserve $23,000 Back Pay
Attorneys for New Castle County have asked a judge to dismiss a wrongful termination lawsuit filed by former Chief Administrative Officer David Grimaldi saying he isn't entitled $23,000 in back pay. Grimaldi was fired in October and is suing County Executive Thomas P. Gordon and the county Continue Reading
AstraZeneca Urges Del. Justices To End Nexium Fraud Case
An attorney for AstraZeneca Pharmaceuticals told Delaware Supreme Court justices on Wednesday they have no reason to resurrect a 12-year-old class action in which six unions accused the company of consumer fraud for promotions that drove doctors to prescribe the heartburn medicine Nexium instead of Continue Reading
Europe Is Land Of Opportunity For PE Deals In Down Market
Private equity firms trying to stay active in the shaky deals market that has thus far plagued early 2016 should focus their gaze on Europe, where attractive assets are plentiful and economic hardships faced by many other parts of the world haven't had an impact, experts say. Firms big and small Continue Reading
PE Building Tech Portfolios On Foundation Of Mature Cos.
Private equity players seeking to bolster their portfolio of technology assets should follow the lead of industry titans by thinking long-term and targeting mature tech companies before buying up startups that could eventually become the next big thing, experts say. Howard Berkower, a partner Continue Reading
McCarter & English Examining A Suddenly Popular Statute Tied To Online Terms and Conditions
According to McCarter & English, the firm has developed a task force to address an uptick in claims regarding the Truth-in-Consumer Contract, Warranty and Notice Act. “We’ve seen a real uptick in those recently,” said Edward Fanning, partner at the firm. “It appears that the organized Continue Reading