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David Bario

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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April 01, 2013 | New York Law Journal

Banks Ask First Department to Reverse Ruling for MBIA

As they promised immediately after their high-profile loss to MBIA Inc. earlier this month, Bank of America and Societe Generale are taking their fight with the bond insurer back up to a New York state appellate court.

By David Bario

2 minute read

July 09, 2013 | The American Lawyer

Court Revives ITT Whistleblower Case, Erases Motley Rice Sanctions

Gibson Dunn hit a serious snag this week in its defense of ITT Educational Services Inc., the for-profit education company plagued by long-running allegations over its business and student recruitment practices.

By David Bario

4 minute read

February 14, 2011 | The American Lawyer

In Harshly Critical Opinion, Miami Judge Overturns Infamous Half-Billion Dollar Tousa Fraudulent Transfer Bankruptcy Court Ruling

The Tousa ruling created a tsunami of backlash last year, after a bankruptcy court judge ruled the homebuilder's $450 million loan repayment was a fraudulent transfer. Now a federal district court judge says the bankruptcy judge was dead wrong. And he's not pulling any punches.

By David Bario

4 minute read

August 27, 2012 | The American Lawyer

Simpson Thacher Loses Bid to Undo $2 Billion Delaware Disaster for Grupo Mexico

Back in March we pondered whether Simpson Thacher & Bartlett's Bruce Angiolillo could reverse a stinging defeat for Milbank, Tweed, Hadley & McCloy in the closely-watched Grupo Mexico/Southern Peru shareholder derivative litigation. On Monday the Delaware Supreme Court answered with a resounding No.

By David Bario

3 minute read

August 14, 2012 | Law.com

Merrill Disclosures Sink Another Auction-Rate Securities Suit at Second Circuit

By David Bario

1 minute read

September 25, 2012 | Law.com

R.J. Reynolds, Star Scientific Finally Agree to Extinguish Tobacco Patent Fight

By David Bario

1 minute read

March 27, 2012 | Daily Report Online

High court won't hear Engle tobacco cases

President Barack Obama's health care reform law is the big story for most people at the U.S. Supreme Court this week. But for the tobacco industry, there was other major news at the high court as well on Monday. And it was all bad.The justices refused to grant certiorari in five so-called "Engle progeny" cases facing R.

By David Bario

3 minute read