David Bario

May 01, 2014 | Litigation Daily

When Missouri passed a new law governing second mortgages back in 1979, the goal was to limit the burden of high-interest loans on borrowers. But after plaintiffs lawyers discovered the law more than a decade ago, it produced a predictable byproduct: class action litigation.

By David Bario

3 minute read

April 28, 2014 | Litigation Daily

Nearly 15 years ago, Sullivan & Cromwell's David Tulchin signed on to defend Microsoft against an avalanche of claims that it stifled competition to promote an illegal monopoly for Windows. Now the last of the cases has finally reached a dead end at the Supreme Court.

By David Bario

3 minute read

April 25, 2014 | Litigation Daily

In a setback for Barclays and defense lawyers at Sullivan & Cromwell, Boies Schiller and Dechert, the Second Circuit on Friday revived part of a securities class action targeting the bank over its role in alleged Libor manipulation.

By David Bario

3 minute read

April 24, 2014 | Litigation Daily

Apple and a handful of other companies are fighting back against claims that they infringe a single 22-year-old patent that purportedly covers online shopping cart functions. But the cases—and the settlements— are piling up.

By David Bario

2 minute read

April 23, 2014 | Litigation Daily

A unanimous Second Circuit panel ruled that 26 European countries can sue RJR for an alleged scheme in which criminal organizations used cigarette smuggling to launder money earned in the European narcotics trade.

By David Bario

4 minute read

April 22, 2014 | Litigation Daily

Amid a crush of recent litigation failures, the EEOC scored a victory on Tuesday against appellate hotshot Eugene Scalia of Gibson, Dunn & Crutcher, reviving a case that a dissenting judge warned could backfire dramatically on employees.

By David Bario

3 minute read

April 21, 2014 | Litigation Daily

Bancroft's Paul Clement argued that leaving the city's $104.7 million verdict against Exxon in place could open up "whole new arenas for abusive and speculative litigation." The U.S. Supreme Court apparently didn't find the situation quite so dire.

By David Bario

4 minute read

April 18, 2014 | Litigation Daily

The company's see-through pants fiasco and similar blunders can't serve as the basis for a securities fraud class action against Lululemon, a judge in Manhattan confirmed on Friday. The ruling is a victory for defense teams at Weil and Paul Weiss.

By David Bario

2 minute read

April 01, 2014 | Litigation Daily

Hewlett-Packard shocked investors when it pulled the plug on the company's much-touted WebOs operating system and signaled a wholesale shift in business strategy. Now HP and its lawyers at Morgan Lewis and Gibson Dunn have agreed to a $57 million settlement to make investor claims over the episode go away.

By David Bario

3 minute read

March 31, 2014 | Litigation Daily

William Strong, co-CEO of Morgan Stanley's Asia-Pacific operations and a member of the bank's global management committee, will take the helm at Longford Capital on May 1.

By David Bario

2 minute read