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A former partner at Duane Morris allegedly scammed a fisherman into firing his lawyer so the BigLaw attorney could wheedle his way into a squid-selling venture and cut the fisherman out of the business, according to a lawsuit filed Monday in California federal court… Read this piece in its entirety at Law360.
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The Delaware Superior Court issued a mixed ruling on Tuesday in Dole Food Co. Inc.’s dispute with excess insurers over coverage for $222 million in settlements, finding the insurers can’t yet invoke their policies’ written consent and cooperation clauses to deny coverage… Read this piece in its entirety at Law360.
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Dutch semiconductor maker ASML will take over much of the intellectual property belonging to its bankrupt rival XTAL after a California judge on Friday issued an uncollectable $845 million judgment for XTAL’s alleged inducement of ASML employees to breach their contracts and reveal various trade secrets… Read this piece in its entirety at Law360.
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The court-appointed trustee of Bernie Madoff’s investment company has reached a deal to claw back nearly $600,000 from the wife of the convicted securities swindler, according to a Friday New York bankruptcy court filing… Read this piece in its entirety at Law360.
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The city of Rockford, Illinois, can continue with drug-related antitrust claims against pharmacy services company Express Scripts and drugmaker Mallinckrodt after an Illinois federal judge rejected a bid by Express Scripts to undo an earlier order allowing the case to proceed… Read this piece in its entirety at Law360.
Mike LaSusa 