October 23, 2012 | The American Lawyer
'Presumption of Prudence' Not Enough to Block Fannie Mae ERISA Class Action, Judge RulesThe federal courts have been gradually making life harder for ERISA plaintiffs over the last two decades by concluding that the guardians of employee retirement plans are presumed to be acting prudently when selecting investments. The presumption has been a potent defense in the wake of the subprime meltdown, but it has important limits, as a judge emphasized Monday in a ruling against Fannie Mae.
By David Bario
3 minute read
April 05, 2012 | Daily Business Review
Cigarette makers have slim chance to make a win out of court lossA state appeals court upheld a $2.5 million smoker award while asking the Florida Supreme Court to reconsider cigarette maker's due process rights.
By David Bario
3 minute read
April 19, 2012 | Law.com
Willkie, Weil Win Ruling Gutting GE Securities Class ActionBy David Bario
1 minute read
May 04, 2011 | Daily Report Online
Supreme Court to Decide Whether Federal Law Trumps Credit Card Companies' Arbitration AgreementsIf last week's 5-4 U.S. Supreme Court decision in ATT v. Concepcion left any of our readers wondering how far the majority of Justices would go to protect consumer arbitration clauses, we've got good news for you: This week the high court agreed to hear yet another arbitration case following another plaintiffs-friendly ruling by the U.
By David Bario
2 minute read
July 27, 2012 | The Recorder
White & Case Spars With LCD Plaintiffs Over $261M Toshiba VerdictBy David Bario
3 minute read
October 02, 2012 | The American Lawyer
Greg Joseph Preserves $245 Million Citi Win in Morgan Stanley Swap CaseIt's been three years since Citigroup sued Morgan Stanley for allegedly refusing to honor a credit default swap on a busted CDO, pitting former Fried Frank litigation chair Gregory Joseph against Morgan Stanley's lawyers at Quinn Emanuel. On Tuesday Joseph brought his client a big step closer to collecting a $245 million judgment in the case, when the Second Circuit refused to give Morgan Stanley another shot at dodging Citi's claims.
By David Bario
3 minute read
January 01, 2011 | The American Lawyer
Litigator in the Spotlight / Dealmaker in the SpotlightBy Brian Baxter and David Bario
2 minute read
February 28, 2013 | Law.com
Delaware Supreme Court Won't Clarify Hurdle for Shareholder M&A PlaintiffsBy David Bario
1 minute read
July 19, 2012 | New York Law Journal
Goldman Sachs Set to Settle MissPERS MBS Class ActionThe plaintiffs allege Goldman Sachs Group Inc. and various affiliates duped them into investing in a $698 million offering of securities backed by fixed-rate, second-lien home mortgages originated by New Century Financial Corp.
By David Bario
2 minute read
October 11, 2012 | The American Lawyer
Kilpatrick Scores Fair Use Victory for HathiTrust in Authors Guild Copyright SuitBarring a successful appeal, a ruling Wednesday spells the end to the Authors Guild's claims related to HathiTrust--a massive digitization project involving Google Inc. and a group of university libraries. It's not quite as clear what it means for the authors' separate class action against Google, but it definitely isn't good.
By David Bario
3 minute read
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