Jim Hood & Bailey Perrin "slaughtered" in Zyprexa lawsuit

Y'all Politics shares this piece (Blogging attorneys dissect Miss. Zyprexa decision) from Legal News Line that discusses a recent post by attorneys James Beck and Mark Herrman describing Attorney General Jim Hood's (represented by Bailey Perrin in a no-bid contingency fee contract) recent defeat in the Zyprexa case. They write at Drug and Device Law blog and title it "Pigs Get Fat, Mississippi Got Slaughtered."

Legal News Line explains

Twelve states didn't participate in a 33-state, $62-million settlement last year. Of those 12, six have reached eight-figure settlements while six are still holding out.

Three of those states -- Arkansas, Pennsylvania and Mississippi -- are represented by Bailey Perrin Bailey of Houston.

The entry makes a note of Mississippi's inability to settle. Weinstein had pushed for a mass settlement, appointing a special settlement master and even ordering the states to take 30 days off from their suits to try to reach an agreement last year.

"Mississippi was - again unable or unwilling - to come to such a settlement, so its claims, which were legally meritless in any event, come to naught," the entry says.

We've previously posted that the federal judge called Hood's case "slash-and-burn-style of litigation would arguably constitute an abuse of the legal process" and a Mississippi legal blogger called the ruling "a disaster for General Hood."