PharmAthene v. Siga [Premium]

Summary

Post-trial oral arguments scheduled for April 29, 2011.

In this Pharmaceutical mergers and acquisition litgation proceeding, Plaintiff PharmAthene alleged Siga Technologies of breaching its obligations to negotiate in good faith a definitive license agreement in accordance with the terms of license agreement term sheet it signed for the development of a small pox drug with the plaintiff.

The plaintiff was represented by attorney Roger Crane. The defendant in this case, Siga Technologies was represented by attorneys Harold Weinberger.

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Outcome

The court found that SGIA was liable for the breach of contractual obligations to negotiate a license agreement in good faith and promissory estoppel. Judgment was entered for an equitable payment stream or equitable lien on the profits or the other qualifying proceeds associated with commercial sale of ST-246 or products that were derived from it Also, PharmAthene was awarded one-third of its attorneys fees, expert witness costs, and other costs.

Case Information

Attorneys

Witnesses

Plaintiff: PharmAthene, Inc.
Defense: Siga

Judge: Donald Parsons
Jurisdiction: Delaware Court Of Chancery
Court: New Castle County Courthouse

Case Number: 2627-VCP
Industry: Pharmaceutical
Practice Area: Commercial Law, Mergers and Acquisitions, Pharmaceuticals

Plaintiff

PharmAthene, Inc.

Represented By:
Crane, Roger (K&L Gates )

Defense

Siga

Represented By:
Weinberger, Harold (Kramer Levin Naftalis & Frankel LLP)

Expert Witnesses

Lay Witnesses

Sessions

Attorney

Witness

Type

Description

AM Session

Openings

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Crane, Roger	Wright, David	In Person
01:07:59	Witness Cross Examination	Weinberger, Harold	Wright, David	In Person
01:19:38	Break
01:35:55	Witness Cross Examination	Crane, Roger	Richman, Eric	In Person
02:08:27	Break
02:15:30	Witness Direct Examination	Crane, Roger	Richman, Eric	In Person
02:50:15	End of Session

PM Session

Plaintiff Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Crane, Roger	Richman, Eric	In Person
01:21:04	Break
01:39:10	Witness Direct Examination	Crane, Roger	Richman, Eric	In Person
02:21:37	Witness Cross Examination	Weinberger, Harold	Richman, Eric	In Person
02:49:38	End of Session

JAN

AM Session

Plaintiff Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Weinberger, Harold	Richman, Eric	In Person
01:11:31	Witness Re-Direct Examination	Crane, Roger	Richman, Eric	In Person
01:19:05	Break
01:40:37	Witness Direct Examination	Crane, Roger	Baumel, Jeffrey	In Person
02:17:17	Witness Cross Examination	Weinberger, Harold	Baumel, Jeffrey	In Person
02:46:16	Witness Direct Examination	Carton, Christopher	Riddle, Valerie	In Person
02:54:08	End of Session

PM Session

Plaintiff Witness(es)

10 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Carton, Christopher	Riddle, Valerie	In Person
00:32:30	Witness Cross Examination	Rochon, Jennifer	Riddle, Valerie	In Person
00:55:37	Witness Re-Direct Examination	Carton, Christopher	Riddle, Valerie	In Person
01:00:50	Witness Direct Examination	Carton, Christopher	Morges, Wayne	In Person
01:37:51	Break
01:57:14	Witness Direct Examination	Carton, Christopher	Morges, Wayne	In Person
02:05:17	Witness Cross Examination	Rochon, Jennifer	Morges, Wayne	In Person
02:24:40	Witness Direct Examination	Carton, Christopher	Peck, Dr. Carl PhD	In Person
03:03:46	General Case Activities		Peck, Dr. Carl PhD	In Person
03:17:55	End of Session

JAN

AM Session

In Session - No Content Available

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Carton, Christopher	Peck, Dr. Carl PhD	In Person
01:25:39	Break
01:47:24	Witness Cross Examination	Weinberger, Harold	Peck, Dr. Carl PhD	In Person
03:02:13	End of Session

PM Session

Plaintiff Witness(es)

8 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Weinberger, Harold	Peck, Dr. Carl PhD	In Person
01:08:32	Witness Direct Examination	Crane, Roger	Baliban, Mr. Jeffrey	In Person
01:13:54	Break
01:27:21	General Case Activities	Lamb, Steven	Hikell, Ms.	Audio Conference
01:43:53	Witness Direct Examination	Crane, Roger	Baliban, Mr. Jeffrey	In Person
01:52:21	Witness Direct Examination	Crane, Roger	Baliban, Mr. Jeffrey	In Person
01:58:21	Witness Direct Examination	Crane, Roger	Baliban, Mr. Jeffrey	In Person
03:08:47	End of Session

JAN

AM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Crane, Roger	Baliban, Mr. Jeffrey	In Person
00:30:51	Witness Cross Examination	Weinberger, Harold	Baliban, Mr. Jeffrey	In Person
01:11:42	Break
01:27:35	Witness Cross Examination	Weinberger, Harold	Baliban, Mr. Jeffrey	In Person
01:34:22	Witness Cross Examination	Weinberger, Harold	Baliban, Mr. Jeffrey	In Person
02:27:45	End of Session

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Crane, Roger	Edwards, Mark	In Person
01:03:25	Witness Cross Examination	Rochon, Jennifer	Edwards, Mark	In Person
01:38:29	Break
01:56:53	Witness Cross Examination	Rochon, Jennifer	Edwards, Mark	In Person
02:37:26	Witness Direct Examination	Weinberger, Harold	Rose, Dr. Eric	In Person
03:20:08	End of Session

JAN

AM Session

Defense Witness(es)

8 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Weinberger, Harold	Rose, Dr. Eric	In Person
00:15:49	Break
00:24:28	Witness Cross Examination	Carton, Christopher	Rose, Dr. Eric	In Person
01:22:28	Break
01:43:22	Witness Cross Examination	Carton, Christopher	Rose, Dr. Eric	In Person
02:34:58	Witness Re-Direct Examination	Weinberger, Harold	Rose, Dr. Eric	In Person
02:34:58	Witness Re-Direct Examination	Weinberger, Harold	Rose, Dr. Eric	In Person
02:46:35	End of Session

PM Session

Defense Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Weinberger, Harold	Drapkin, Peter	In Person
00:44:15	Witness Cross Examination	Crane, Roger	Drapkin, Peter	In Person
01:32:36	Break
01:51:54	Witness Cross Examination	Crane, Roger	Drapkin, Peter	In Person
03:07:43	Witness Direct Examination	Weinberger, Harold	Konatich, Thomas	In Person
03:30:49	End of Session

JAN

AM Session

Defense Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Weinberger, Harold	Konatich, Thomas	In Person
00:31:35	Witness Cross Examination	Crane, Roger	Konatich, Thomas	In Person
01:32:39	Break
01:52:38	Witness Cross Examination	Crane, Roger	Konatich, Thomas	In Person
02:44:36	End of Session

PM Session

Defense Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Crane, Roger	Konatich, Thomas	In Person
00:10:29	Witness Direct Examination	Bouchard, Andre	Grayer, James	In Person
00:51:09	Witness Cross Examination	Carton, Christopher	Grayer, James	In Person
01:09:10	Witness Direct Examination	Rochon, Jennifer	Hruby, Dennis PhD	In Person
01:26:30	Break
01:53:30	Witness Direct Examination	Rochon, Jennifer	Hruby, Dennis PhD	In Person
02:54:09	End of Session

JAN

AM Session

Defense Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Rochon, Jennifer	Hruby, Dennis PhD	In Person
01:29:44	Break
01:51:09	Witness Direct Examination	Rochon, Jennifer	Hruby, Dennis PhD	In Person
02:19:22	Witness Cross Examination	Crane, Roger	Hruby, Dennis PhD	In Person
02:57:23	End of Session

PM Session

Defense Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Crane, Roger	Hruby, Dennis PhD	In Person
01:21:57	Break
01:37:54	Witness Cross Examination	Crane, Roger	Hruby, Dennis PhD	In Person
02:03:22	Witness Re-Direct Examination	Rochon, Jennifer	Hruby, Dennis PhD	In Person
02:18:52	Witness Direct Examination	Weinberger, Harold	Kessler, Dr. David M.D.	In Person
02:26:34	Witness Direct Examination	Weinberger, Harold	Kessler, Dr. David M.D.	In Person

JAN

AM Session

Defense Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Weinberger, Harold	Kessler, Dr. David M.D.	In Person
01:14:50	Witness Cross Examination	Carton, Christopher	Kessler, Dr. David M.D.	In Person
01:27:01	Break
01:43:51	Witness Cross Examination	Carton, Christopher	Kessler, Dr. David M.D.	In Person
02:23:19	Witness Cross Examination	Carton, Christopher	Kessler, Dr. David M.D.	In Person
02:59:03	End of Session

PM Session

Defense Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Carton, Christopher	Kessler, Dr. David M.D.	In Person
00:27:12	Witness Re-Direct Examination	Weinberger, Harold	Kessler, Dr. David M.D.	In Person
00:37:31	Witness Re-Cross Examination	Carton, Christopher	Kessler, Dr. David M.D.	In Person
00:45:43	Witness Direct Examination	Bouchard, Andre	Fasman, Steven	In Person
01:21:07	Break
01:45:07	Witness Direct Examination	Bouchard, Andre	Fasman, Steven	In Person
03:23:18	End of Session

JAN

AM Session

Defense Witness(es)

5 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Bouchard, Andre	Fasman, Steven	In Person
00:38:47	Break
00:38:47	Witness Direct Examination	Bouchard, Andre	Fasman, Steven	In Person
00:48:27	Witness Cross Examination	Crane, Roger	Fasman, Steven	In Person
01:44:00	End of Session

PM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Crane, Roger	Fasman, Steven	In Person
01:27:12	Break
01:49:18	Witness Direct Examination	Rochon, Jennifer	Jacobs, Norman	In Person
03:25:16	End of Session

JAN

AM Session

Defense Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Direct Examination	Rochon, Jennifer	Jacobs, Norman	In Person
00:07:01	Witness Cross Examination	Crane, Roger	Jacobs, Norman	In Person
00:50:24	Break
01:00:24	Witness Cross Examination	Crane, Roger	Jacobs, Norman	In Person
01:05:21	Witness Re-Direct Examination	Rochon, Jennifer	Jacobs, Norman	In Person
01:13:18	Witness Direct Examination	Weinberger, Harold	Ugone, Keith PhD	In Person
02:16:41	End of Session

PM Session

Defense Witness(es)

2 Chapters

			Description	Attorney	Witness	Presence
		00:00:00	Witness Direct Examination	Weinberger, Harold	Ugone, Keith PhD	In Person
		00:53:01	End of Session

JAN

AM Session

Plaintiff Witness(es)

10 Chapters

	Description	Attorney	Witness	Presence
00:00:00	Witness Cross Examination	Crane, Roger	Ugone, Keith PhD	In Person
01:17:17	Break
01:40:29	Witness Cross Examination	Crane, Roger	Ugone, Keith PhD	In Person
01:46:39	Break
01:47:28	Witness Cross Examination	Crane, Roger	Ugone, Keith PhD	In Person
01:50:22	Witness Re-Direct Examination	Weinberger, Harold	Ugone, Keith PhD	In Person
01:56:09	Witness Direct Examination	Carton, Christopher	Riddle, Valerie	In Person
02:06:02	Witness Cross Examination	Weinberger, Harold	Riddle, Valerie	In Person
02:13:27	General Case Activities
02:14:10	End of Session

JAN

Recording Disclaimer: This proceeding was recorded in full except noted sections that were not recorded.

PharmAthene v. Siga [Premium]

Summary

Outcome

Sessions

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