May 08, 2014 | Litigation Daily
Litigator of the Week: Jeffrey Shinder of Constantine CannonThe battle over Chevron's environmental legacy in Ecuador has claimed its share of victims. This week the wisdom of Shinder's decision to walk away from the case was hammered home by Patton Boggs, the law firm that took his place.
By Jan Wolfe
4 minute read
May 07, 2014 | The American Lawyer
Patton Boggs to Pay Chevron $15M in Retreat from Ecuador FightCapitulating to claims that it backed a fraudulent lawsuit against Chevron Corporation, Patton Boggs agreed Wednesday to pay the oil giant $15 million and to give up its stake in a $9.5 billion Ecuadorean environmental judgment.
By Jan Wolfe
4 minute read
May 07, 2014 | Litigation Daily
Patton Boggs to Pay Chevron $15M in Retreat From Ecuador FightCapitulating to claims that it backed a fraudulent lawsuit against Chevron Corporation, Patton Boggs agreed Wednesday to pay the oil giant $15 million and to give up its stake in a $9.5 billion Ecuadorean environmental judgment.
By Jan Wolfe
4 minute read
May 06, 2014 | Litigation Daily
Cadwalader Appeals $17M Malpractice Award Over Proxy FightThe firm was socked with a $17.2 million damages bill this week, after a judge refused to toss legal malpractice claims brought by Washington Redskins owner Daniel Snyder. But Cadwalader's lawyers at Cravath immediately lodged an appeal, signaling that the 3-year-old case may be far from over.
By Jan Wolfe
2 minute read
May 06, 2014 | Litigation Daily
Second Circuit Strikes Down Mammoth UBS Class ActionA long-running securities class action against UBS AG finally bit the dust on Tuesday, courtesy of an appeals court decision that further limits the extraterritorial reach of U.S. securities laws.
By Jan Wolfe
3 minute read
May 05, 2014 | Litigation Daily
Davis Polk Knocks Out Suit Over Facebook IPO ProfitsLegal battles over Facebook's May 2012 IPO continue to dog the company and its bankers. But Davis Polk chipped away at the litigation on Friday, defeating an investor lawsuit alleging that Facebook's underwriters improperly earned $100 million in so-called short-swing profits.
By Jan Wolfe
4 minute read
May 04, 2014 | Litigation Daily
Asus, Round Rock Ink Deal to End Patent FightRound Rock Research, the patent licensing company founded by former Kirkland partner John Desmarais, netted a confidential settlement last week with longtime target ASUSTeK Computer Inc.
By Jan Wolfe
3 minute read
May 04, 2014 | Litigation Daily
Apple Asks Second Circuit to Boot Antitrust MonitorApple's court-appointed antitrust monitor, Michael Bromwich, recently reported that his relationship with the company has improved. But Apple still wants him gone, as the tech giant made abundantly clear in its opening appellate brief seeking Bromwich's removal.
By Jan Wolfe
3 minute read
May 02, 2014 | Litigation Daily
Kasowitz Gets Green Light to Challenge Goldman's ABACUS WinA year after dismissing the case, an intermediate appeals court in New York has agreed to let ACA Financial Guaranty Corp take its long-running fraud case against Goldman Sachs & Co. to the state's highest court.
By Jan Wolfe
3 minute read
May 01, 2014 | Litigation Daily
Dynegy, Carl Icahn Dodge Securities Class ActionDynegy Inc.'s 2011 restructuring provoked the ire of a bankruptcy examiner, but it hasn't proven fertile ground for a securities class action spearheaded by Levi & Korsinsky.
By Jan Wolfe
2 minute read