July 15, 2014 | Litigation Daily
Fifth Circuit Revives BP Oil Spill ERISA Class ActionA U.S. Supreme Court decision from last month has breathed new life into claims that BP mismanaged employee stock ownership programs that plummeted in value after the 2010 Deepwater Horizon oil spill.
By Jan Wolfe
3 minute read
July 15, 2014 | Litigation Daily
Quinn Emanuel Trims Taxi Drivers' Class Action Against UberQuinn Emanuel Urquhart & Sullivan chipped away this week at an unfair competition lawsuit over client Uber Inc.'s practices in Chicago. But the upstart transportation company isn't even close to freeing itself from similar cases around the country.
By Jan Wolfe
3 minute read
July 14, 2014 | Litigation Daily
Long-Running Disk Drive Patent Fight Winds DownAfter 14 years of litigation, a billion-dollar patent and trade secrets case against Seagate Technology and Compaq (now Hewlett-Packard) may finally be over.
By Jan Wolfe
3 minute read
July 14, 2014 | Litigation Daily
Underwriters Can't Dodge Puda Coal Securities Class ActionFor the law firms driving consolidated litigation over Puda's demise, Monday's ruling is a welcome bit of good news. For the boutique investment banks Macquarie Capital and Brean Murray Carret & Co., not so much.
By Jan Wolfe
3 minute read
July 11, 2014 | Litigation Daily
Another Acacia Patent Bites the Dust at the Federal CircuitThe Federal Circuit invalidated an Acacia Research patent related to tagging digital images on Friday, handing a win to a big group of retailers and digital camera companies represented by Mark Lemley of Durie Tangri.
By Jan Wolfe
4 minute read
July 10, 2014 | Litigation Daily
Ecuador Blasts Judge in Chevron RICO AppealSteven Donziger isn't the only one who has a bone to pick with U.S. District Judge Lewis Kaplan, the Manhattan judge who sided with Chevron Corporation earlier this year in sprawling litigation over legacy oil pollution in the Ecuadorean Amazon.
By Jan Wolfe
3 minute read
July 10, 2014 | Litigation Daily
Litigator of the Week: Daniel Gitner of Lankler Siffert & WohlGitner kept U.S. Attorney Preet Bharara from claiming another scalp in his war on insider trading. More importantly, he kept his client out of jail.
By Jan Wolfe
5 minute read
July 09, 2014 | Litigation Daily
Dechert, Funds Win New York Debt Fight with Africa's DRCMore than 20 years after Zaire (now the Democratic Republic of Congo) defaulted on loans from Citibank NA and other banks, a U.S. judge ordered the poverty-stricken nation to pay a combined $69 million to two hedge funds that snatched up the country's debt.
By Jan Wolfe
3 minute read
July 09, 2014 | Litigation Daily
Loss of Key Witness Dooms Pfizer Investor Class ActionIn a victory for Beth Wilkinson of Paul Weiss and her cocounsel at Simpson Thacher and DLA Piper, a federal judge in Manhattan refused to give plaintiffs a new chance to explain how Pfizer caused their losses.
By Jan Wolfe
3 minute read
July 08, 2014 | Litigation Daily
Rajaratnam Verdict Ends U.S. Attorney's Winning StreakWith some indirect help from the U.S. Court of Appeals for the Second Circuit, Rengan Rajaratnam and his lawyers at Lankler Siffert & Wohl have snapped Manhattan U.S. Attorney Preet Bharara's undefeated record in insider-trading cases.
By Jan Wolfe
3 minute read