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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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August 19, 2014 | Litigation Daily

Lawsky Strikes Again With $300M Standard Chartered Fine

It's not odd for regulators to demand independent monitors for companies caught breaking the rules. But it's rare to learn that a monitor found even more failures—starting the cycle of payment, official contrition and monitoring all over again.

By David Bario

3 minute read

August 07, 2014 | Law.com

Carlyle Hangs Tight in Buyout Firms Collusion Case

Shareholders have now inked deals worth $475.5 million with private equity firms accused of scheming to drive down the value of major leveraged buyout deals. But Carlyle Group and its lawyers at Latham have shown no signs of surrender ahead of a looming trial this fall.

By David Bario

3 minute read

July 24, 2014 | Litigation Daily

Partner Outs Dodd-Frank Tipster, Demands Cut of $14.7M Award

Despite receiving thousands of tips and shelling out eight awards to Dodd-Frank whistleblowers, the SEC has managed to keep the identities of its informers tightly under wraps. But a leak was inevitable, and now we've got one, courtesy of a fight over—what else—money.

By David Bario

3 minute read

July 23, 2014 | Litigation Daily

Bankrupt Biotech Targets Nixon Peabody, Mintz Levin

Neogenix Oncology Inc., a bankrupt would-be developer of cancer diagnostic and treatment products, blamed its outside lawyers for allowing the company to pursue an illegal fund-raising strategy for more than five years.

By David Bario

3 minute read

July 20, 2014 | Litigation Daily

Holy Smokes! Fla. Jury Socks RJR With $23.6 Billion Verdict

Even if Friday's verdict is promptly whittled down, it's a reminder of the tobacco industry's failure to rein in an endless stream of tobacco cases pending in Florida in the wake of Engle v. Liggett.

By David Bario

3 minute read

July 17, 2014 | Litigation Daily

Lloyd's Can't Duck Claims Over MBIA Restructuring Fight

After toiling through four years of litigation related to MBIA Inc.'s 2009 restructuring, the bond insurer's lawyers at Kasowitz Benson won a ruling this week that puts Lloyd's of London and other underwriters on the hook for a hefty portion of MBIA's defense tab.

By David Bario

2 minute read

July 16, 2014 | Litigation Daily

Second Circuit Tosses Deutsche Bank Shareholder Class Action

Handing a win to lawyers at Cahill and Skadden, the Second Circuit affirmed Wednesday that its 2011 decision in Fait v. Regions Financial dooms a long-running securities class action against Deutsche Bank AG and a half-dozen big underwriting banks.

By David Bario

3 minute read

July 03, 2014 | Litigation Daily

Donziger Returns Fire as Chevron Appeal Heats Up

Lawyers for New York attorney Steven Donziger reloaded this week in their epic fight with Chevron, asking an appeals court to vacate a finding that Donziger procured a $9.5 billion judgment against the oil giant through wholesale fraud.

By David Bario

3 minute read

July 01, 2014 | Corporate Counsel

The Rematch

In another long-running smartphone war, a reversal.

By David Bario

4 minute read

June 30, 2014 | The American Lawyer

Big Suits

ATP Tour v. Deutscher Tennis Bund; Shell Oil v. U.S; U.S. v. Jiang; In re BofA AIG; In re Neurontin; In re Pradaxa

By David Bario, Ross Todd, and Jan Wolfe

12 minute read