Wall Street Banks Benefit From Tougher Suit Standards in U.S. By Thom Weidlich – Sep 8, 2010 This Bloomberg article should be read in full at the above link. It describes how all knids of lawsuits will be tougher to pursue in federal court with stricter standards for setting…
Articles Posted in Business Disputes
Investors May Not Go Forward With Flawed Fraud Claim, Seventh Circuit Rules
Our Illinois class action attorneys recently noted a Seventh Circuit decision ending a class-action case in the difficult realm of securities fraud. In Re Guidant Corporation, No. 08-2429 (7th Cir. Oct. 21, 2009), is a securities class action stemming from allegedly misleading statements Guidant Corp. made about its implanted…
Fortune Reports: “How Ronald Perelman Met His Match”
Fortune Reports: How Ronald Perelman Met His Match Fortune magazine provides an insightful account of billionaire Ronald Perelman’s litigation on behalf of his daughter against his ex-wife’s family of New Jersey book store and publishing distributor magnates. The New Jersey state court sanctioned Perelman’s counsel in excess of a…
Clothing Retailer Sues Competitor and Former Employees Alleging They Stole Secret Designs
As Illinois trade secrets litigation attorneys, we were interested to see a trade secrets lawsuit arise out of the time-sensitive and competitive world of women’s fashion. As the Naples Daily News reported in July, Florida clothing company Chico’s FAS Inc. has sued competitor Cache Inc. and two former employees…
Illinois Supreme Court Resolves Question on Unintentional Missed Deadlines in Trade Secrets Case
Our Chicago trade secrets litigation attorneys were interested to see that a trade secrets and breach of restrictive covenant case was responsible for clarifying a point of procedure at the trial level. In Vision Point of Sale v. Haas et al., No. 103140 (Ill. Sup. Co. Sept. 20, 2007),…
Class Action Complaint Alleges that Yelp Extorts Businesses to Manipulate Reviews On Its Website
DiTommaso Lubin represents businesses caught on either side of a dispute about online or offline defamation of a business or its products or services. Our Chicago business attorneys have assisted our clients in removing damaging and false reviews from internet review sites run by their competitors. Self-publishing on the…
NPR Reports Trial-Bound Companies Learn Lesson: Save E-Mail
NPR reports: A number of recent high-profile lawsuits suggest that companies must preserve important email documents on their computer systems, or risk major court sanctions. Increasingly, companies are turning to outside vendors to ensure they don’t accidentally destroy electronic documents that could come up in a lawsuit DiTommaso Lubin has…
Generic Drugs Not Misbranded Under Lanham Act, Seventh Circuit Rules
A recent decision by the Seventh Circuit caught the notice of our Illinois trademark infringement litigators. Schering-Plough Healthcare Products Inc. v. Schwarz Pharma, Inc. et al, Nos. 09-1438, 09-1462, 09-1601 (7th Cir. Oct. 29, 2009) is a dispute between the original maker of a laxative whose patent has expired…
How to Collect a Judgement — Our Chicago Business Lawyers Assist Our Clients in Enforcing and Collecting on Money Judgments
Our Chicago business trial lawyers assist our clients in obtaining and collecting on money judgments. You can contact one of our Chicago business attorneys online by clicking here or call (888) 990-4990 for a free consultation. Our Oak Brook, Wheaton and Chicago commerical law attorneys have over 25 years of…
Former Employee’s Stock Options Remain Valid Under Employment Contract
As Chicago employment contract litigation attorneys, we noted a favorable decision for employees from the Seventh Circuit in October. Lewitton v. ITA Software, Inc., No. 08-3725 (7th Cir. Oct. 28, 2009) upheld a former employee’s right to buy stock options that had vested during his employment, even though he…