March 26, 2014 | Litigation Daily
Bank of America Deal Is Latest Triumph for FHFA, Quinn EmanuelThe Federal Housing Finance Agency's legal assault on Wall Street moved closer to a merciful end for the banks on Wednesday, when Bank of America retreated to the tune of $9.5 billion.
By Jan Wolfe
2 minute read
March 26, 2014 | The American Lawyer
The Am Law 100, the Early Numbers: Kasowitz Feels Sting as Big Cases EndLitigation-focused Kasowitz Benson Torres & Friedman saw its gross revenue fall 8 percent, to $229.5 million, and its profits per equity partner plunge 15 percent, to $1.45 million, according to The American Lawyer's reporting.
By Jan Wolfe
4 minute read
March 25, 2014 | Litigation Daily
Supreme Court Rookie Scores With Lexmark RulingTuesday's Supreme Court decision in Lexmark v. Static Control didn't just expand the ranks of companies with standing to bring Lanham Act claims. It also vindicated Static Control's decision to let a young, newly minted Bartlit Beck partner handle the oral argument.
By Jan Wolfe
3 minute read
March 25, 2014 | Litigation Daily
Wilmer's Waxman Strikes Out in Rajat Gupta AppealIt's starting to look like all the appellate hired guns in the world can't dent the Manhattan U.S. attorney's undefeated record in insider trading trials.
By Jan Wolfe
3 minute read
March 24, 2014 | Litigation Daily
CDO Manager Borrows From Rajat Gupta's Playbook in SEC FightWing Chau, who's been in hot water with the Securities and Exchange Commission since last year, now says the agency is violating his constitutional rights by using its administrative machinery—and not the federal courts—to press its case.
By Jan Wolfe
4 minute read
March 21, 2014 | Litigation Daily
Kirkland Defeats Whistleblower Suit Against PfizerA federal judge on Friday dismissed claims by a sales representative that Pfizer paid kickbacks to doctors and promoted Felctor, a patch used to treat acute pain, for off-label uses.
By Jan Wolfe
3 minute read
March 21, 2014 | Litigation Daily
Credit Suisse Settles MBS Claims With FHFA for $885 MillionThe odds of seeing the Federal Housing Finance Agency go to trial this year in its litigation campaign against Wall Street got a lot slimmer on Friday, when Credit Suisse AG became the latest defendant to throw in the towel.
By Jan Wolfe
3 minute read
March 21, 2014 | Litigation Daily
Another Court Tosses Jury Verdict Against Johnson & JohnsonFor the second time this year, appellate lawyers at O'Melveny & Myers wiped out a huge jury verdict against Johnson & Johnson and subsidiary Janssen Pharmaceuticals over their marketing of the antipsychotic drug Risperdal.
By Jan Wolfe
3 minute read
March 21, 2014 | New York Law Journal
Chevron Seeks $32.3 Million in Fees From Fraud RulingTwo weeks after persuading Southern District Judge Lewis Kaplan that Steven Donziger won a $9.5 billion environmental judgment against the oil giant through fraud and racketeering, Chevron now wants the same judge to order Donziger to cover $32.3 million of its legal bills.
By Jan Wolfe
2 minute read
March 21, 2014 | New York Law Journal
Artist and Photographer Settle Infringement SuitFamed "appropriation" artist Richard Prince has settled a copyright infringement lawsuit by photographer Patrick Cariou, according to a letter submitted by Cariou's attorney on Tuesday. The terms of the agreement are confidential.
By Jan Wolfe
2 minute read
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