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Case Briefing
TRO Issued in First-to-File Market Exclusivity Battle
Alpharma Inc. has announced that its wholly owned subsidiary, Purepac Pharmace, was granted a temporary restraining order Oct. 29 in a lawsuit in the U.S. District Court for the District of Columbia. Purepac brought this suit seeking first-to-file status on its version of Glucophage XR, a Bristol-Myers Squibb Type 2 diabetes drug. On Oct. 28, Ivax Corp. had announced it had received final approval and confirmation of its first-to-file status on its Abbreviated New Drug Application from the FDA. In obtaining the restraining order, Purepac effectively removed Ivax's product from the market, at least in the short term. Under the terms of the temporary restraining order, the FDA has been instructed to delay the effective date of approval of Ivax's ANDA on extended-release metformin hydrochloride tablets until mid-November, when a hearing on Purepac's claims can be held.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.