February 05, 2014 | National Law Journal
Banks' Bill in FHFA Cases: $9 Billion and CountingThe latest blockbuster settlement was announced late Tuesday, when Morgan Stanley revealed it would pay $1.25 billion for selling faulty mortgage-backed securities to Fannie Mae and Freddie Mac.
By Jan Wolfe
2 minute read
February 04, 2014 | Litigation Daily
Skadden Fends Off Southwest Airlines Merger ChallengeThe Ninth Circuit brought a likely end to an antitrust class action seeking to undo Southwest Airlines Co.'s 2011 acquisition of AirTran Airways Inc.
By Jan Wolfe
2 minute read
February 04, 2014 | Litigation Daily
SEC Suffers Latest Trial Setback in Life Partners CaseBoth sides are claiming victory after a mixed verdict in the Securities and Exchange Commission's fraud case against the Texan financial services firm Life Partners Holdings Inc. Can Patton Boggs and Baker & McKenzie persuade the judge to make it a clean defense win?
By Jan Wolfe
3 minute read
February 03, 2014 | Litigation Daily
Aereo Rival to Supreme Court: What About Us?The TV streaming start-ups Aereo Inc. and FilmOn have a lot in common, including the tiny antennas they use to transmit programming to subscribers. But when it comes to their record in the courts, FilmOn and its lawyers have some catching up to do.
By Jan Wolfe
3 minute read
February 03, 2014 | The American Lawyer
The Lateral All-StarsThe most high-profile lateral partner moves of 2013.
By Hillary Flynn, Tom Brennan, Chris Johnson and Jan Wolfe
7 minute read
February 01, 2014 | Corporate Counsel
Apple Isn't Pleased to Have an Antitrust MonitorYou get the feeling that Apple Inc. and U.S. District Judge Denise Cote did not exchange holiday greeting cards last year.
By Jan Wolfe
2 minute read
January 31, 2014 | Litigation Daily
Judge Gives Green Light to BofA Mortgage SettlementA judge in New York largely approved a long-delayed $8.5 billion settlement between Bank of America and mortgage-backed securities investors, resolving in one fell swoop much of the bank's liability for its acquisition of Countrywide Financial Corp.
By Jan Wolfe
3 minute read
January 31, 2014 | Litigation Daily
Goldman Sachs Can't Escape CDO Fraud CaseA New York appeals court has allowed a defunct Australian hedge fund, Basis Yield Alpha Fund, to proceed with a $1 billion fraud case against Goldman Sachs & Co. The ruling is a win for the small litigation boutique Lewis Baach, and a setback for Goldman's lawyers at Boies Schiller.
By Jan Wolfe
3 minute read
January 30, 2014 | Litigation Daily
Litigators of the Week: Robert Wick of Covington & Burling and Kenneth Gallo of Paul WeissEven in the megalitigation over price-fixing in the LCD industry, Motorola's $3.5 billion case against Samsung and other LCD manufacturers was a biggie. Not so much anymore.
By Jan Wolfe
4 minute read
January 30, 2014 | Litigation Daily
Gibson Dunn Lands One-Two Punch in SAIC Investor CasesOn the same day, Gibson Dunn's Andrew Tulumello helped SAIC win two major rulings in lingering investor litigation related to a New York City kickbacks scandal.
By Jan Wolfe
3 minute read
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