Skadden faces Shearman as Taro and Sun fight it out in the courtsOctober 5 2009
Israeli pharma company Taro Pharmaceuticals has filed a lawsuit against India's largest pharma company, Sun Pharma, in the US District Court for the Southern District of New York. The suit alleges Sun's failure to disclose the recent action by the U.S. Food and Drug Administration against Sun's US subsidiary Caraco Laboratories. Taro claims, among other things, that Sun has misappropriated confidential information pertaining to Taro and is misusing said information. Taro is being represented by Skadden Arps, while Shearman & Stirling are appearing on behalf of Sun Pharma.
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