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Skadden Assumes Top Spot for M&A Deals in 2014

Summary: Skadden has moved back into the top spot for mergers and acquisitions in 2014 after finishing seventh in 2013.  Skadden,…

Jackson Lewis Doing Away with Billable Hours

Summary: The law firm of Jackson Lewis said recently that it will do away with billable hours for its associates as…

DLA Piper Welcomes Litigator Karl Buch to New York Office

Summary: DLA Piper welcomes Karl Buch to the New York office, where he will serve as a partner in the…

Obama Calls Out Companies That Switch Addresses for Tax Purposes

When making remarks on Friday at a technical college in Los Angeles, President Barack Obama had some strong words for…

U.S. Stocks Gain

U.S. stocks rose according to the Standard & Poor Index. The leading gains were among the largest technology companies, according…

Hobby Lobby Mutual Funds Invest in Manufacturers of Abortion Drugs

Hobby Lobby, a Christian-owned craft chain, was offended by being required to offer emergency contraceptives and intrauterine devices in the…

CVS Will No Longer Sell Tobacco Products

It was announced early Wednesday morning that CVS Caremark Corp will not sell tobacco products in its 7,600 stores by…

Pill to Treat Low Sexual Desire in Women Rejected by U.S. Regulators

Sprout Pharmaceuticals, Inc., which is based in Raleigh, North Carolina, is seeking approval of the therapy known as Flibanserin, as…

In LA, DLA Piper Loses Five IP Partners to Bingham McCutchen

On Wednesday, Boston law firm Bingham McCutchen announced that five IP partners of DLA Piper, including the co-chair of DLA…

USTR Reviewing India’s Supreme Court Ruling on Novartis AG

On Tuesday, Andrea Mead, a spokeswoman for the U.S. Trade Representative’s office, said referring to the recent court ruling in…

FTC Sees No-AG Patent Settlements as Method to Delay Generics

On Friday, the Federal Trade Commission filed an amicus brief in the Federal Court in New Jersey which oversees numerous…

Glaxo Agrees to pay $3 Billion for Pharmaceutical Fraud Regarding Welbutrin, Paxil, and Avandia

GlaxoSmithKline, the British Pharmaceutical company responsible for making Welbutrin, Paxil, and Avandia, has pleaded guilty to a series of criminal…