David Bario

David Bario, based in New York, is a senior editor covering the business of law for ALM's global newsroom.

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June 14, 2012 | The American Lawyer

Rakoff-Quoting N.J. Judge Still Not Happy with FTC's Circa Direct Settlement

A New Jersey federal judge who took inspiration from U.S. District Judge Jed Rakoff and put the breaks on a Federal Trade Commission settlement still isn't satisfied with the no-fault deal. Plus, the FTC's lawyers blast Venable for "excessive" billing in the case.

By David Bario

4 minute read

May 07, 2012 | The American Lawyer

Scheindlin Trims Suit over Toxic SIV, but Rating Agencies Still on the Hook

In the wake of the financial crisis, Moody's, Fitch, and S&P have managed to handily defeat nearly all investor claims over AAA rated securities-gone-bad. But it's a different story if investors have evidence that the ratings agencies collaborated with banks to create risky financial products and tailored their ratings to seduce investors.

By David Bario

3 minute read

April 13, 2012 | Daily Business Review

Gibson Dunn wipes out $1.7 billion Olenicoff suit against UBS

A real estate billionaire has lost his lawsuit claiming he was misled into evading taxes with offshore accounts at UBS.

By David Bario

3 minute read

September 11, 2012 | The American Lawyer

Whistleblower Wins $104 Million for Outing UBS Tax Dodge

Last week a lawyer for former UBS banker Bradley Birkenfeld promised that "the land of milk and honey is finally in sight" for IRS whistleblowers. With Tuesday's record-breaking $104 million award, the milk has already started flowing for the most prominent tax whistleblower of them all.

By David Bario

3 minute read

October 24, 2012 | The American Lawyer

Williams & Connolly, Goodwin Procter on Defense in $1 Billion BofA Mortgage Fraud Case

Bank of America's litigation nightmare stemming from the mortgage meltdown got even worse on Wednesday, when federal prosecutors in Manhattan filed their own $1 billion complaint in an eight-month-old False Claims Act suit accusing the company of selling shoddy loans to Fannie Mae and Freddie Mac.

By David Bario

3 minute read

August 16, 2012 | The American Lawyer

Jones Day Resuscitates Human Gene Patent--Again--at Federal Circuit

After the Supreme Court vacated a ruling for Myriad Genetics and put Myriad's controversial human gene patents in limbo, it fell to Gregory Castanias of Jones Day to try to salvage the company's IP. Castanias mostly pulled it off on Thursday, convincing the U.S. Court of Appeals for the Federal Circuit for the second time that isolated human genes and Myriad's DNA-based cancer screening method are patentable.

By David Bario

1 minute read

October 09, 2012 | Law.com

Gibson Dunn Can't Get High Court Review for Chevron in Ecuador Case

By David Bario

1 minute read

November 21, 2011 | Law.com

Boies, Skadden File $25 Billion Suit Against U.S. for Hank Greenberg over AIG 'Backdoor Bailouts'

By David Bario

1 minute read

March 26, 2013 | The American Lawyer

Contract at Heart of Facebook Ownership Case Was Faked, Judge Rules

Three years after New York businessman Paul Ceglia first alleged that a contract with Mark Zuckerberg entitled him to a 50 percent ownership stake in Facebook, a judge has finally agreed with Gibson, Dunn & Crutcher that the case is a fraud.

By David Bario

3 minute read

January 06, 2011 | Corporate Counsel

MoFo Wins Infringement Verdict for ICU Medical

A federal jury decides that RyMed Technologies infringed two ICU patents for needle-less IV connectors.

By David Bario

2 minute read

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