Folks were wondering who represents Cytodyn in the

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Folks were wondering who represents Cytodyn in the lawsuit. It is not Sidley Austin. The firm is Potter Anderson & Corroon, LLP, out of Delaware.

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Omigod these guys are good. I almost lost everything I had because of them. I owned tons of SIGA Technologies. Once upon a time Siiga was thinking about granting a co. called Pharmathene a license for Siga's drug st-246. They jotted down some items that might go into a License Agreement Term Sheet -- a page and a half. (A real LATS is usually about 30 or 40 pages.) It wasn't signed. In fact, it had NON-BINDING written across the top of each of the 2 pages.

Then the drug suddenly came back with great test results against pox viruses. Siga unsurprisingly decided not to license the drug to Pharmathene. Pharmathene sued Siga. With Potter Anderson's help, Pharmathene won the case. The judge ruled that the 1.5 page unsigned NONBINDING term sheet was a binding term sheet. Pharmathene got $50 million for it. Siga went bankrupt. All my money was in the company.

It ended well for me. Siga paid the debt, got a government contract for $438 million, and then another one.

Meanwhile, I would say Potter Anderson is GOOD at what they do. Unfortunately.