NEW YORK (Legal Newsline) – Companies that fund lawsuits can find themselves in the crosshairs of state regulators, and a recent New York Post article revealed that one such business has given tens of thousands of dollars to one of the nation’s most important public officials – who happens to have sued a competing company.
Pfizer’s lawsuit, filed in a Pennsylvania federal court in September, alleges Johnson & Johnson’s exclusionary contracts and other anti-competitive practices have denied U.S. patients access to therapeutic options and undermined the benefits of “robust” price competition in the “innovative and growing” biologics marketplace for patients.
PHILADELPHIA (Legal Newsline) - The American Law Institute (ALI) is as powerful as any society with a membership of 3,000 of the nation’s leading lawyers could be. And since its founding in 1923, the Philadelphia-based group of judges and academic and practicing lawyers has been as obscure as a group with so much power would want to be.
PHILADELPHIA (Legal Newsline) - In the face of withering criticism from the insurance industry, state officials, and most recently, counsel for some of the country’s largest corporations, the American Law Institute (ALI) yesterday decided to delay a vote on a Restatement of the Law covering liability insurance for a year. The now delayed project was scheduled for discussion before the full ALI body today.
PHILADELPHIA (Legal Newsline) - Business attorneys, state insurance regulators and state lawmakers are so troubled over an impending final vote on a proposed Restatement of law covering liability insurance that they are urging American Law Institute (ALI) officials to delay it, and consider making significant changes to the document.
The Illinois-based industrial manufacturer, after having its lawsuit dismissed by an Illinois federal judge in March, has filed another lawsuit against Philadelphia-based Shein Law Center and attorney Benjamin P. Shein, claiming the firm “devised and implemented a scheme” to defraud JCI and others. JCI filed its complaint in the U.S. District Court for the Eastern District of Pennsylvania May 12.