THE LEGAL UNDERGROUND PODCAST Episode #35: Will It Be Bankruptcy for Merck? . . . In this episode, I dispensed with the usual fun and games to consider in more detail the $253 million verdict against Merck in a Texas Vioxx trial. In addition, I explored UCLA corporate law professor Stephen Bainbridge's comment that after the verdict, "[t]he odds that Merck eventually ends up pulling a Johns Manville and resolving these cases via bankruptcy reorganization just went up--a lot."
Bainbridge's remark was much-quoted around the blogosphere. But does it really mean, as David Giacalone says, that "Bainbridge fears that Merck will go bankrupt"? Listen to find out. Running time: 13 minutes.
How to listen? You have three choices:
- Best method -- If you have Apple's free iTunes version 4.9, click on the button below to take you directly to the Legal Underground page to subscribe for free, or search in the podcasts part of the iTunes Music Store for "Legal Underground";
- Follow this link to the MP3. As long as you have speakers, your computer should be able to play the show if you click on the link, or you can download the file to your computer;
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Additional show notes. Here are links to some of the items discussed in the podcast:
- New York Times: "For Merck, Vioxx Paper Trail Won't Go Away."
- Point of Law: "Applying Texas Punitive Caps in Ernst v. Merck."
- Kevin, M.D., quoting Illiterate Withdrawal: "This is yet another example of frivolous lawsuits that are brought by greedy lawyers and a sue happy America."
- In re SGL Carbon Corporation (the 3d Circuit Court of Appeals case I mention).
- My collected Vioxx posts;
- The Wired CD, including songs by David Byrne ("My Fair Lady") and Paul Westerberg ("Looking Up in Heaven").
UPDATE . . . For all of my collected Vioxx posts, look here. If you are (a) someone who was harmed by Vioxx or (b) a lawyer who wants to refer your Vioxx cases to a highly-competent team of mass-tort lawyers, look here.
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