April 20, 2012 | The American Lawyer
CDO Claims Against Goldman Founder on 'Sophisticated Investor' Defense at Second CircuitFor the second time in under a month, an appellate panel in New York has thrown out claims by a German bank that alleged it was duped into investing in a CDO stuffed with risky mortgage-backed assets. And in both cases, the appellate rulings confirmed that it's going to be an uphill battle for big sophisticated investors who cried foul over complex securities deals to force defendants to pay up.
By David Bario
3 minute read
February 14, 2013 | The Recorder
N.Y. Judge Throws Out Shareholder Suit Over Facebook IPOBy David Bario
3 minute read
May 07, 2013 | The American Lawyer
BofA, U.S. Bancorp Can't Dodge Claims over Roles as MBS TrusteesSuits trying to hold mortgage-backed securities trustees liable for MBS losses haven't been at the forefront of investor litigation spawned by the mortgage crisis. But a ruling Monday in a putative class action against Bank of America and U.S. Bancorp reaffirms that such claims spell big trouble for banks.
By David Bario
3 minute read
March 13, 2009 | National Law Journal
Gibson Dunn wins for military subcontractor in rare trial over Iraq reconstruction costsAmong critics of America's reliance on military subcontractors in Iraq, Parsons Corp. became particularly notorious in 2006, when its $75 million Baghdad police academy building was found to be leaking human waste -- literally. The giant construction firm, which has been fighting a negative image ever since, finally got some good news Tuesday, when a California jury found that the firm was not liable for damages in a rare breach of contract case tied to Iraq's reconstruction.
By David Bario
2 minute read
March 26, 2013 | Law.com
Contract at Heart of Facebook Ownership Case Was Faked, Judge RulesBy David Bario
1 minute read
April 26, 2012 | Law.com
Quinn Emanuel Opens Can of Worms in $10.5 Billion AIG Suit Against BofABy David Bario
1 minute read
July 30, 2013 | New York Law Journal
UBS to Pay $885 Million for Soured Mortgage BondsThe UBS deal removes a key defendant from ongoing litigation the Federal Housing Finance Agency unleashed against 18 banks in 2011. UBS's exposure wasn't nearly as great as some other remaining defendants, but the case was chosen as a bellwether on key motions to dismiss.
By David Bario
2 minute read
January 11, 2012 | Law.com
Goldman Loses Bid to Knock Out Plaintiff's Class Claims (Again) in Sex Discrimination CaseBy David Bario
1 minute read
April 05, 2013 | The American Lawyer
Ecuador Judge Denies Fraud in $19 Billion Chevron JudgmentWeeks after Chevron's lawyers at Gibson Dunn filed a bombshell declaration by a former Ecuadorian judge describing an alleged Amazonian shakedown, their adversaries have lined up their own judge to lob similar claims right back at Chevron.
By David Bario
3 minute read
February 01, 2012 | Law.com
Citing Morrison (and Surprising No One), N.Y. Judge Tosses Securities Claims by Individual Vivendi ShareholdersBy David Bario
1 minute read
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