New England Biz Law Update

Judge orders new trial in patent case

A 10-year battle over a novel drug treatment for a degenerative eye disease has settled for $20 million. Massachusetts General Hospital had sued Canadian drug company QLT to enforce a provision in a 1998 license agreement for Visudyne, a drug ...

Risk: To gamble on; do at one’s peril; hang by a thread; play with fire; carry too much sail; go out of one’s depth; bell the cat; make an investment; sit on a barrel of gun powder. — Webster’s New ...

Even in good times, creditors habitually cast a wide net in search of cash to satisfy their claims. In today’s economic climate, cash-starved creditors are sure to “follow the money,” pursuing a well-heeled corporate relative of the debtor, whether they ...

In the November 2009 issue, I discussed the importance of conducting a wage and hour audit. Now, let’s take a look at the wage and hour “traps” contained in state law. While overtime is perhaps the most significant wage and ...

In these challenging economic times, employers may need to prioritize payments to third parties, often paying the “squeaky wheel” first, but thinking that payments owed to employees are less pressing is a mistake. Most employers understand that weekly employee payroll ...

Apex Corporation is preparing to acquire almost all of the assets of Bee Corporation, including Bee’s goodwill. Apex intends to employ less than 10 percent of Bee’s sales force. However, Apex is concerned that those Bee employees whom it does ...

Below are summaries of important opinions affecting in-house attorneys issued by the 1st and 2nd circuits. 1st Circuit Banks and banking Credit card – Rate increase Where a judge dismissed a class action that challenged the validity of a defendant ...

The In-House Leaders in the Law awards celebrate In-House Counsel for their outstanding professional accomplishments in their company and the legal community. An In-House Leader in the Law demonstrates innovative and practical business and legal skills, either as general counsel ...

The American Bar Association has filed suit in federal court seeking to prevent the Federal Trade Commission from applying a new anti-identity-theft regulation to practicing attorneys. The regulation, called the “red flags” rule, requires businesses that possess sensitive identification information about their clients to safeguard that data against ID theft. Such businesses must establish policies and procedures on how to recognize and deal with identity-theft red flags.