United States: Ruling Offers A Challenge For Generics - Fox Rothschild LLP
New Jersey drug companies are in a legal holding pattern after a July court ruling that called into question the legality of certain settlements once deemed business-as-usual practices.
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Mondaq
United States: In re Groupon, Inc., Marketing & Sales Practices Litigation: Judicial Skepticism Of Cy Pres Dooms Another Settlement - Mayer Brown
Past posts have noted that federal courts have become increasingly skeptical of class-action settlements that contain a cy pres component.
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Judge rejects $8.5 million Groupon settlement
A U.S. judge on Friday rejected a proposed $8.5 million class action settlement with Groupon Inc intended to resolve allegations that the expiration dates on its coupons violated consumer protection laws.
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Reuters
United States: Third Circuit Holds That Settlement Agreements Containing Payments From The Innovator To The Generic Challenger May Violate Antitrust Laws - Duane Morris LLP
On July 16, 2012, the U.S. Court of Appeals for the Third Circuit, which includes Delaware, New Jersey and Pennsylvania, issued a long-anticipated decision in In re K-Dur Antitrust Litigation, finding that settlement agreements in which payments are made to the generic manufacturers challenging the patents to settle the litigation may be unreasonable restraints on trade and unenforceable under federal antitrust laws.
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Mondaq
United States: Superior Court Of New Jersey Slashes Attorneys' Fees In Class Action Settlement - Duane Morris LLP
In the final hearing approving the terms of a settlement of a purported class action brought on behalf of certain purchasers of gift cards sold by Five Guys Enterprises, LLC and one of its New Jersey franchisees, the Superior Court of New Jersey, Law Division–Morris County recently entered an order granting final approval of the terms of the settlement among the parties but reducing the initially requested $130,000 in attorneys' fees to $50,000.
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Mondaq