Millions of dollars are at stake in the damages trial Vanzyl v. Fain.
Former Siga CFO Tom Konatich testified today that Siga originally contacted PharmAthene and offered to license Siga's smallpox drug, ST-246, because Siga needed to improve its cash flow quickly. But in response, according to Mr. Konatich, PharmAthene told him that they were not interested in a license arrangement, and that "it was a merger or nothing."
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Topics: Commercial Law, PharmAthene v. Siga
The jury in Phase 2 of the Bankhead v. Allied Packing asbestos trial in Oakland on Thursday awarded $13.5M in punitive damages against two defendants, ArvinMeritor and Pneumo Abex, in addition to the jury's previous compensatory damage award of approximately $4M in Phase 1 of the trial.
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Topics: Toxic Torts, Asbestos, Mesothelioma, Bankhead v. Allied Packing
The Bankhead v. Allied Supply asbestos mesothelioma trial returned to session Wednesday to consider awarding punitive damage against Pneumo Abex and ArvinMeritor.
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Topics: Toxic Torts, Asbestos, Mesothelioma, Bankhead v. Allied Packing
Florida Gas v. Florida DOT opening statements were heard today in Fort Lauderdale, Florida.
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Topics: Florida Gas v. Florida DOT, Energy Law, Commercial Law
