Firms Must Wise Up To Digital Marketing

Although a growing number of law firms are trying their hand at digital marketing techniques, many aren't adapting quickly enough to the new realities of the Web 2.0 world, legal industry experts say.

YouTube Founders Encouraged Infringement: Viacom

YouTube Inc.'s founders knew of and encouraged widespread copyright infringement on their site, and Viacom Corp. tried to buy YouTube in 2006, according to summary judgment briefs unsealed Thursday in the three-year-old copyright lawsuit between the two companies.

Vertical Price-Fixing Ban Clears Senate Committee

The Senate Judiciary Committee has passed a bill to ban vertical price-fixing, paving the way for a full U.S. Senate vote on legislation that would overturn a controversial 2007 U.S. Supreme Court precedent.

Democratic Fundraiser Cops To $292M Bank Loan Fraud

A former top fundraiser for Hillary Clinton and President Barack Obama has pled guilty to charges that he defrauded three large banks of more than $290 million in loan proceeds.

Pay-For-Delay Ban Dropped From Health Care Bill

Congress has elected to leave out a proposed ban on “pay-for-delay” settlements between generic and brand-name drugmakers from its health care reform package, a policy idea beloved by consumer advocates but vigorously opposed by pharmaceutical industry interests.

NJ Jury Finds For AstraZeneca In 1st Seroquel Verdict

A jury in New Jersey state court found in favor of AstraZeneca Pharmaceuticals LP on Thursday, handing down the first verdict to come out of more than 10,000 cases over claims that Seroquel causes diabetes.

Purdue To Settle OxyContin Antitrust MDL: Atty

Purdue Pharma LP has settled a slew of suits brought by indirect buyers of OxyContin accusing it of stifling generic competition by filing bogus patent litigation, just days after its lawyer told a judge that the drugmaker anticipates settling all of the pending cases in the multidistrict litigation.

$100M Verdict For BP Workers Slashed In Gas Leak Suit

A federal judge has slashed a jury's award of more than $100 million to BP Products North America Inc. workers injured in a gas leak at the oil giant's Texas City, Texas, plant to less than $400,000.