In the News Today - January 11, 2018

January 11, 2018

Bayer, J&J win reversal of $28 million verdict in Xarelto lawsuit: A Pennsylvania state court overturned a $28 million verdict against Bayer and Johnson & Johnson over a blood thinner drug. The companies have been cleared in similar lawsuits on three prior occasions. (Reuters)

Environmental Activists Press The `Necessity Defense': 
In 2016, environmental activists broke into a railyard and formed a “blockade” to stop a coal-carrying train. Today, a judge will determine whether they can use the “necessity” defense- that the trespassing charge should be tossed because their actions were necessary to stop environmental damage. (Forbes/Legal Newsline)

Burford Says It Poured $1.3B Into Legal Market in 2017: Litigation funding firm Burford Capital announced it sent $1.3 billion to new investments in 2017, with an emphasis on portfolio litigation financing over single case funding. The $1.3 billion is more than triple the amount of new investments in 2016. (American Lawyer)