September 02, 2014 | Law.com
Goldman, JPMorgan Crush Aluminum Price-Fixing ClaimsThe aluminum warehousing industry has been the target of critical media coverage and regulatory scrutiny. But thanks to defense lawyers from Latham, Sullivan & Cromwell and other firms, it's not turning out to be fertile ground for antitrust litigation.
By Jan Wolfe
4 minute read
August 28, 2014 | Litigation Daily
Litigator of the Week: Margaret Zwisler of Latham & WatkinsReports of aluminum price-fixing by big investment banks and the London Metal Exchange sparked widespread outrage—and class action litigation. Zwisler led LME to an early victory this week, leaving the other defendants to face the plaintiffs on their own.
By Jan Wolfe
5 minute read
August 28, 2014 | Litigation Daily
Remaining Banks Hit Another Dead End in FHFA CaseWe've lost count of how many times the banks sued by the Federal Housing Finance Agency for selling shoddy mortgage-backed securities have had their defenses slapped down by U.S. District Judge Denise Cote.
By Jan Wolfe
3 minute read
August 27, 2014 | Litigation Daily
Robbins Geller Sanctioned for 'Reckless' ConductThe Boeing Company pursued the firm for bringing a botched securities fraud case based on the testimony of an unreliable confidential witness.
By Jan Wolfe
4 minute read
August 27, 2014 | The American Lawyer
Big SuitsU.S. v. Rajaratnam; In Re Electronic Books Antitrust Litigation; In re ITT Educational Services Securities Litigation; U.S. v. Citigroup
By Jan Wolfe
7 minute read
August 26, 2014 | Law.com
Latham Knocks Out Antitrust Case Against LMEA daring and novel argument by Latham & Watkins persuaded a federal judge that the London Metal Exchange Ltd., a private for-profit entity, should get sovereign immunity.
By Jan Wolfe
3 minute read
August 25, 2014 | Litigation Daily
Kirkland Scores for BP in Long-Running Pollution CaseBP plc and its lawyers Kirkland & Ellis have likely finished off a long-running class action alleging that the oil company should cover cleanup costs from a shuttered oil refinery in southeast Kansas.
By Jan Wolfe
3 minute read
August 25, 2014 | Litigation Daily
Spanish Bank Can't Deflect Claims by Cuba Terror VictimsAfter winning about $3.5 billion in default judgments against the Republic of Cuba, Fidel Castro's persecuted political opponents and their families have cleared a hurdle in their bid to seize funds from global banks including Spain's Banco Bilbao Vizcaya Argentaria (BBVA).
By Jan Wolfe
3 minute read
August 25, 2014 | Litigation Daily
Shareholder Firms Clash Over Client ReferralsBrower Piven and Harwood Feffer worked together to tee up plaintiffs for an investor class action that ultimately settled for $586 million. But the relationship has since soured, judging by a new contract battle between the firms.
By Jan Wolfe
3 minute read
August 22, 2014 | Litigation Daily
BP Squelches False Claims Act Suit Over Oil Platform"The genesis of this suit is a disgruntled layman's speculation about complex laws and engineering, abetted by ideologues," wrote a Houston federal judge about the purported whistleblower suit.
By Jan Wolfe
3 minute read
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