Johnson & Johnson Case Signals Employee Drug Price Suits to Come
WEBFeb 9, 2024 · Deep Dive. A novel lawsuit from an employee suing Johnson & Johnson Inc. for allegedly mismanaging drug benefits appears a harbinger of litigation to come against companies, especially those that rely on pharmaceutical industry middlemen to negotiate pricing and rebates. Ann Lewandowski, a health-care policy and advocacy director for …
DuPont $1.18 Billion PFAS Settlement Gets Final Court Approval
WEBFeb 9, 2024 · DuPont de Nemours Inc., Chemours Co., and Corteva Inc. gained approval of a settlement with towns, cities, and local water agencies across the US to resolve nearly 100 consolidated lawsuits saying the chemical companies contaminated water systems with “forever chemicals.” The US District Court for the District of South Carolina on Thursday signed off on an agreement stipulating that DuPont ...
Sullivan & Cromwell Poaches Two Tech Dealmakers from Skadden
WEBMay 15, 2024 · Duo advised Musk’s $44 billion Twitter purchase. Sullivan & Cromwell hired two mergers and acquisitions partners in Silicon Valley to bolster its technology practice, the firm said Wednesday. Mike Ringler and Peter Jones will join from Skadden, Arps, Slate, Meagher & Flom, according to a firm statement. “We want to continue to be the law ...
Sotomayor Says AI Will Significantly Impact ‘How We Lawyer’
WEBMay 9, 2024 · AI Might Be the Solution. Sotomayor’s comments come four months after Chief Justice John Roberts predicted in his end-of-year report that AI will “significantly affect” judicial work, especially at the trial level. “AI obviously has great potential to dramatically increase access to key information for lawyers and non-lawyers alike ...
Big Law Skips Ahead of On-Campus Recruiting in Talent Race (1)
WEBApr 22, 2024 · Firms have now shifted recruiting to their own online platforms and encourage students to apply ahead of their schools’ OCI. Nearly half (47%) of law firms’ summer program hires last year came outside of OCI recruiting, according to NALP. A majority of firms (53%) that recruited through OCI reported a …
Bloomberg Law News
WEBThe Treasury Department is working on new rules shoring up tax regulations on international income and assets, as well as energy credits and corporate and partnership tax maneuvers, according its spring 2024 released Friday. Gulfstream Jet Stuck With $1 Million Illinois Use Tax Bill. An aircraft was rightfully assessed about $1 million in ...
Millions of New Workers Eligible for Overtime Under DOL Rule (2)
WEBApr 23, 2024 · Currently, salaried workers making less than $35,568 annually qualify for overtime pay when they work more than 40 hours in a week, a threshold last set by the Trump administration. The Biden DOL last year initially proposed to raise the salary level to roughly $55,000. The final rule’s $58,656 threshold is based on newer Bureau of Labor ...
3M’s $10 Billion PFAS Deal Approved by Court as Rule Looms (2)
WEBApr 1, 2024 · A federal court approved the 3M Co.'s offer of at least $10 billion to settle PFAS claims of roughly 12,000 public water systems across the US.. 3M’s settlement of between $10.5 billion and $12.5 billion to help water utilities recoup their costs of removing “forever chemicals” from drinking water comes as the Environmental Protection Agency is expected any day to issue the nation’s ...
Court’s New Chevron Analysis Likely to Follow One of These Paths
WEBFeb 7, 2024 · In Loper Bright Enterprises v.Raimondo, the US Supreme Court will decide whether to overrule one of its most frequently cited precedents—its 1984 opinion in Chevron v. NRDC.The decision in Loper may change the language that lawyers use in briefs and professors use in class, but is unlikely to significantly affect case outcomes involving interpretation of the statutes that agencies administer.
J&J Vaccine Liability Shield a Boon Despite Rare Blood Clots (1)
WEBApr 14, 2021 · J&J Vaccine Liability Shield a Boon Despite Rare Blood Clots (1) Johnson & Johnson, AstraZeneca plc, and other Covid-19 vaccine makers are shielded from liability for adverse effects on recipients, and attorneys say the protections are a boon for medical innovation that’s critical to combating the pandemic.