Creditors Committee Raises Stakes in Lehman-Barclays Dispute - Law.com - Wed 3:02 am ET
The creditors committee in the Lehman Brothers bankruptcy fired a shot Tuesday in a dispute over whether Barclays received an improper "windfall" in its purchase of Lehman's North American assets and liabilities last September.

Galleon Founder Accused of Insider Trading Blasts Wiretap Use - Law.com - Wed 3:02 am ET
Billionaire hedge fund founder Raj Rajaratnam responded forcefully to SEC insider trading charges in papers filed Tuesday by his lawyers at Akin Gump, who claim that wiretaps that federal investigators used to implicate Rajaratnam in a $20 million insider trading ring were unconstitutional.

Federal Circuit Rules That Muscle Magazine Ad Invalidates Patent - Law.com - Wed 3:02 am ET
The Federal Circuit has upheld a lower court ruling that a muscle magazine ad about a bodybuilding supplement rendered the underlying patent obvious and invalid. The decision upheld an Eastern District of Texas ruling that seven of the patent's claims were invalid because the invention "was disclosed in a printed publication before the critical date."

9th Circuit Sustains Restrictions on Legal Aid Organizations - Law.com - Wed 3:02 am ET
A federal appeals court ruled 2-1 on Monday that rules that bar legal aid organizations financed by the Legal Services Corp. from participating in class actions and collecting attorney fees do not violate their First Amendment rights.

Former Prosecutor Pleads Not Guilty to Expanded Criminal-Syndicate Charges - Law.com - Wed 3:02 am ET
Paul Bergrin, a New Jersey criminal defense lawyer accused of being at the center of a criminal enterprise, pleaded not guilty in federal court Monday to a raft of charges that include murder and drug trafficking.

Court Dismisses Claims That Warner Music CEO Owed Former Simon & Schuster Exec for Role in Music Deal - Law.com - Tue Nov 24
Warner Music Group mogul Edgar M. Bronfman Jr. is not obligated to pay former Simon & Schuster CEO Richard E. Snyder more than $100 million for work Snyder insists he did to facilitate Warner Music's purchase by Bronfman's investment group, the New York Court of Appeals ruled Monday.

Drugmakers Get Double Dose of Bad News Over Hormone-Replacement Therapy Products - Law.com - Tue Nov 24
A Philadelphia jury returned a $34 million verdict Monday against two drugmakers over hormone-replacement therapy drugs that the jury found caused a plaintiff's breast cancer. And a $75 million punitive damages verdict from the end of October in another hormone-replacement therapy, or HRT, mass tort case was unsealed by court order after the other jury verdict was rendered around 2 p.m.