November 04, 2013 | The American Lawyer
Grudgingly, Supremes Pass on Facebook Cy Pres ChallengeIn a rare statement on the cert denial, Chief Justice John Roberts made it clear that he's eager to take up the legitimacy of cy pres deals, even if a bid to undo a Facebook privacy class action settlement wasn't the right vehicle for the court.
By David Bario
3 minute read
March 27, 2012 | Corporate Counsel
No Supreme Court Relief for Tobacco Companies in Engle LitigationPresident Obama's health care reform law was the big story for most people at the U.S. Supreme Court on Monday. But for the tobacco industry, there was other major news at the high court as well. And it was all bad.
By David Bario
4 minute read
November 14, 2011 | Corporate Counsel
Judge Slashes Damages in Alcatel-Lucent's Suit Against MicrosoftAlcatel-Lucent's claim that a scheduling component of Microsoft's Outlook program infringes one of its patents has been vindicated again and again. But when it comes to the massive damages Alcatel-Lucent has demanded in the case, the company's lawyers at Kirkland & Ellis can't make the same boast.
By David Bario
3 minute read
October 06, 2011 | Corporate Counsel
Feinberg Day Files Infringement Suit Against Motorola Mobility for Intellectual VenturesLast week Intellectual Ventures filed a nine-page Delaware federal district court infringement complaint against Motorola Mobility, which Google is in the process of acquiring for $12.5 billion.
By David Bario
3 minute read
August 03, 2011 | Litigation Daily
Supreme Court's Janus Ruling Doesn't Shield Former Schwab Execs from SEC Fraud Claims, Judge RulesLawyers from Covington & Burling and Brune & Richard seized on the Supreme Court's ruling as soon as it was issued in June, arguing that it gutted the SEC's case accusing their clients of misleading investors about the risks of Charles Schwab's ill-fated YieldPlus fund.
By David Bario
3 minute read
August 02, 2011 | Litigation Daily
Bernstein Litowitz Files Fourth MBS Direct Action Suit in Four Weeks, Promises It's Just Getting Warmed UpAnother week, another 100-page-plus state court suit over mortgage-backed securities courtesy of Bernstein Litowitz Berger & Grossmann.
By David Bario
3 minute read
August 01, 2011 | Litigation Daily
Defense Swat Team Gets AIG and General Re Execs' Convictions ReversedA potent appellate team--including Wilmer Cutler, Covington, and Williams & Connolly--convinced the Second Circuit to toss the convictions of five former executives accused of using a sham reinsurance deal to conceal AIG's shrinking reserves. The court did reject the defense teams' wide-ranging allegations of prosecutorial misconduct, but tossed the convictions anyway, citing faulty jury instructions.
By David Bario
3 minute read
July 22, 2011 | Litigation Daily
Judge Throws out Oracle's $6.1 Billion Damages Report, Allows Larry Page Deposition in Java Patent Megasuit Against GoogleA day after a magistrate judge granted Oracle's lawyers at Boies Schiller two hours to depose Google CEO Larry Page, San Francisco federal district court judge William Alsup suggested that $100 million--not the several billion Oracle sought in damages--would be a good starting point for hypothetical royalty negotiations.
By David Bario and Ross Todd
4 minute read
June 03, 2013 | Law.com
Opt-Out Plaintiffs Cinch Deal in Citigroup Securities CaseBy David Bario
1 minute read
March 29, 2013 | Law.com
Banks Seek to Revive Claims over MBIA RestructuringBy David Bario
1 minute read