Patent suits involving generic drugs increased 29 percent in 2017 over the previous year, with a hefty 60 percent spike in Delaware, according to a Thursday report by Lex Machina, and attorneys say the Delaware numbers are likely tied to the U.S. Supreme Court’s TC Heartland ruling. The legal Continue Reading
Product Safety & Liability Reporter
Bloomberg Law’s “Product Safety & Liability Reporter” quotes from Ed Fanning’s arguments before the New Jersey Supreme Court on the issue of the admissibility of expert testimony in the In re: Accutane Litigation. Noting that McCarter appeared on behalf of several business Continue Reading
City of Clarksville’s Gas Sales to Guthrie Can Not Be Regulated by Federal Energy Regulatory Commission
The U.S. Court of Appeals in Washington, D.C., has ruled in favor of the City of Clarksville, agreeing that the City is exempt under the Natural Gas Act from having gas sales to Guthrie, KY, regulated by the Federal Energy Regulatory Commission (FERC). “We believed we had the proper jurisdiction Continue Reading
Report on Consumer Harm Ruling
Edward Fanning is quoted in Law360’s reporting on the New Jersey Supreme Court’s unanimous ruling finding that litigants who sue under the state's consumer contracts protection law must show they endured actual harm. "This puts some commonsense, reasonable limits on these suits," Ed commented, Continue Reading
The Crypto Crime Wave Is Here
On a Saturday afternoon in November, Louis Meza made plans to meet a friend and fellow cryptocurrency enthusiast for drinks at Ruby Tuesday in New York City’s Times Square. “We’re going to have a great time,” Meza said in a text. “And by the way, I’m putting you in an Uber car at the end of the Continue Reading
‘Doubt’ Fatal to Wilmington Trust Exec Case, Defense Says
Missing links, unsupported charges and reasonable doubt riddle the criminal fraud and conspiracy case federal prosecutors laid out against four Wilmington Trust Corp. executives accused of hiding hundreds of millions of dollars in past due loans, defense attorneys argued near the end of a trial Continue Reading
FERC Can’t Regulate Tenn. City’s Gas Sales, DC Circ. Says
The D.C. Circuit on Tuesday nixed a Federal Energy Regulatory Commission order claiming jurisdiction over Clarksville, Tennessee's natural gas sales to a neighboring city in Kentucky, saying that as a municipality, Clarksville is exempt under the Natural Gas Act from having the gas sales regulated Continue Reading
Closing Arguments in Fraud Trial of Former Bank Executives
Four former Wilmington Trust Corporation executives knew they were misleading banking regulators and investors by concealing the truth about the bank's imploding commercial real estate loan portfolio in the wake of the 2008 financial crisis, a prosecutor told jurors Monday in the defendants' federal Continue Reading
Defense Attorneys in Wilmington Trust Case Say Loan Extensions Were Not Illegal
Closing arguments continued Tuesday during the seventh week in the trial of four former Wilmington Trust executives accused of bank fraud. Defense attorneys argued that financial documents and emails presented in the trial prove their clients were acting in “good faith” in how they handled Continue Reading
Should These Bankers Go to Prison? 5-Week Wilmington Trust Trial Wraps
Is it a crime – should bosses go to prison – when bankers wreck government-insured banks and impoverish their own shareholders by making lots of risky loans that don't get paid back?The defense, including Wilmington lawyer Michael Kelly and other local and out-of-town counsel, insisted that Harra Continue Reading