InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,288.80
(
-0.62%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
84.90
(
-0.12%
)
Bitcoin
64,661.55
(
-0.25%
)
Post# of 252279
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

mouton29

Send PM Follow Ignore
Followers 21
Posts 2040
Boards Moderated 0
Alias Born 04/14/2007

mouton29

Member Level

Re: DewDiligence post# 124261

Tuesday, 08/02/2011 2:37:35 PM

Tuesday, August 02, 2011 2:37:35 PM

Post# of 252279
ProNeuron v. TEVA --

Based on a bit of googling and searching Haaretz, it seems like the litigation must be ongoing in Israeli district court. The latest news story I found was from 10/12/2010 and is that TEVA's attempt to stay the litigation and force the dispute to be arbitrated was denied by the Israeli Supreme Court on the grounds there was a public interrest in havceing the case litigated in an Israeli court as opposed to behind closed doors overseas. A second attempt to stay the proceeding resulted in an award of counsel fees against TEVA.

http://www.haaretz.com/print-edition/business/proneuron-s-claim-to-be-resolved-in-court-not-in-arbitration-1.318551
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up