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Court dismisses part of NM whistleblower case
Court Watch |
2011/08/15 09:22
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Attorney General Gary King and a state agency can take charge of legal efforts to recover money for New Mexico for some investment deals allegedly influenced by political considerations, a state court ruled Wednesday.
District Judge Stephen Pfeffer also dismissed portions of a whistleblower's lawsuit involving allegations of a pay-to-play scheme in investment deals by the State Investment Council, which oversees permanent funds worth more than $15 billion. The judge's ruling allows the council and the attorney general to handle those legal claims.
The lawsuit by Frank Foy, a former chief investment officer of the state's educational pension fund, will continue on other allegations, including that the state lost money on bad investments by the Educational Retirement Board and some by the council and that politics influenced some of the pension's fund investments.
The Investment Council filed a lawsuit in May claiming that its former top manager and a financial advisory firm improperly steered New Mexico investments to political supporters of former Democratic Gov. Bill Richardson. More than a dozen other defendants were named, including third-party placement agents who earned millions of dollars in fees on investment deals.
Former State Investment Officer Gary Bland has said the allegations are "absurd" and he was not involved in any wrongdoing.
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2 plead not guilty in SF Giants fan attack
Court Watch |
2011/08/12 10:31
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Two men accused of brutally beating a San Francisco Giants fan outside Dodger Stadium pleaded not guilty Wednesday even though prosecutors said they had made admissions in the case.
Louie Sanchez, 28, and Marvin Norwood, 30, entered their pleas during a brief arraignment to charges of mayhem and assault and battery in the March 31 attack of Bryan Stow, a Santa Cruz paramedic who suffered severe brain injuries and remains hospitalized.
Prosecutor Frank Santoro said in court he did not object to a motion to allow television cameras in the courtroom because the case is built on admissions, not witness identifications.
“The case is based on admissions from both of them,” said Santoro, who provided no further details.
He said 20 witnesses had been asked to look at the men, but only one could positively identify Sanchez and no one recognized Norwood.
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Appeals court turns down Tymoshenko appeal
Court Watch |
2011/08/11 10:31
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A court in Ukraine on Friday refused to consider an appeal to release former Prime Minister Yulia Tymoshenko from jail, where she has been kept for a week while her abuse-of-office trial proceeds.
Tymoshenko was jailed on Aug. 5 for violating court procedures at her trial, including refusing to rise when requested by the judge. She says her resistance is a protest of a trial she contends is politically motivated.
On Friday, the Kiev Appeal Court refused to hear an appeal, saying the country's criminal code does not allow appealing a preventive measure.
Tymoshenko attorney Yuriy Sukhov said that ruling will be appealed to the Supreme Court.
Tymoshenko is charged in connection with a natural gas deal with Russia in 2009 that prosecutors claim was disadvantageous to Ukraine.
The United States and the European Union have condemned court cases against Tymoshenko and several of her top allies as selective prosecution of political opponents. Tymoshenko was a key figure in the 2004 Orange Revolution protests that forced annulment of a presidential election purportedly won by Viktor Yanukovych.
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Pozen says Texas court upholds Treximet patents
Court Watch |
2011/08/08 09:22
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Drug developer Pozen Inc. said Monday that a Texas court upheld three patents supporting its migraine drug Treximet.
Pozen said the U.S. District Court for the Eastern District of Texas ruled that the patents were valid. The court also found that generic versions of Treximet developed by Par Pharmaceutical Co. and Dr. Reddy's Laboratories Ltd. infringed on all three patents, while a version developed by Alphapharm Pty Ltd. infringed on two patents. Teva Pharmaceutical Industries Ltd. had also challenged the patents, but was dismissed from Pozen's lawsuit in April 2010 after it agreed to abide by the court's decision.
The court said the Food and Drug Administration cannot approve the generics made by Dr. Reddy's and Par until Feb. 2, 2025, and that the agency can't approve the Alphapharm generic until Aug. 14, 2017.
Treximet is a combination of GlaxoSmithKline PLC's drug Imitrex and an anti-inflammatory drug developed by Pozen. GlaxoSmithKline markets the drug and pays royalties to Pozen. In the second quarter, those royalty payments accounted for $4 million of Pozen's $4.6 million in total revenue.
The FDA approved Treximet in April 2008 after years of delays, and Par filed for approval of its generic in October of that year.
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Lawyer pleads guilty to illegal Edwards donations
Court Watch |
2011/08/04 09:10
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A prominent Los Angeles attorney could face six months in federal prison for making illegal contributions to the 2004 presidential campaign of former Sen. John Edwards.
The U.S. attorney's office says Pierce O'Donnell pleaded guilty Thursday to two counts of making illegal campaign contributions and agreed to a six-month sentence and a $20,000 fine. O'Donnell is set to be sentenced in November.
In a statement, O'Donnell's attorney Brian J. O'Neill says he and O'Donnell are pleased with the resolution.
O'Donnell acknowledged he provided some $20,000 to Edwards' campaign for the 2004 Democratic presidential nomination by reimbursing straw donors.
In 2006, O'Donnell was ordered to pay more than $155,000 after pleading no contest to using a false name while making political contributions to former Los Angeles Mayor James Hahn's campaign.
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Court tosses Wisconsin limit on PAC donations
Court Watch |
2011/08/02 08:38
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A federal appeals court ruling could lead to even more spending in Wisconsin's recall elections.
A 7th U.S. Circuit Court of Appeals panel ruled Monday that the state's $10,000 annual contribution limit on so-called "super PACs," or political action committees that do not coordinate with specific candidates or their campaigns, can't be enforced while a lawsuit from one of the groups is pending.
The lawsuit was brought by Wisconsin Right to Life's political action committee, and the group's attorney said it will immediately begin soliciting big-dollar donations to spend in the recalls targeting six Republicans and two Democrats.
"They will raise money in excess of the limits," said Right to Life attorney James Bopp, Jr.
To date, Wisconsin Right to Life's PAC reported spending only $325 on telephone calls in support of Republican Sen. Randy Hopper and against his Democratic challenger, Jessica King.
The appeals court said the donation limit can be exceeded while the underlying lawsuit is pending. Wisconsin Right to Life argues that the limits are an unconstitutional restriction on free speech.
Oral arguments were tentatively planned for September, after both the Aug. 9 elections targeting six Republican state senators and elections a week later involving two Democratic incumbents.
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NJ high court to rule in case of retired judge
Court Watch |
2011/08/01 08:53
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New Jersey's Supreme Court has upheld the censure of a retired Superior Court judge.
Steven Perskie was disciplined in March for not recusing himself in a timely fashion from a case involving his former campaign treasurer. A state Supreme Court committee also found Perskie was not forthcoming in his remarks to a Senate committee about the incident when he was facing re-appointment.
Today's ruling found Perskie shouldn't have rejected a request during a 2006 case that he recuse himself. He later recused himself for different reasons.
The court also found that Perskie didn't intentionally mislead the Senate committee when he answered questions about the incident.
Perskie served on the Superior Court in Atlantic County and retired in January 2010. He also served as a state legislator.
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