December 30, 2013 | The American Lawyer
LIBOR Judge Takes Control of State Court Investor SuitsA federal judge who previously gutted investor litigation over LIBOR ruled Monday that she has jurisdiction over two high-profile state-court lawsuits filed against banks that set the global benchmark interest rate.
By Jan Wolfe
3 minute read
December 27, 2013 | The American Lawyer
U.S. Bank Avoids Sanction in Suit Against UBSEven though a magistrate judge found that U.S. Bank had been "grossly negligent" in its document retention practices, U.S. District Judge Harold Baer Jr. ruled Friday that the bank shouldn't be sanctioned in an MBS case against UBS.
By Jan Wolfe
2 minute read
December 26, 2013 | The American Lawyer
Litigator of the Week: Franz Schwarz of Wilmer CutlerSchwarz persuaded an arbitration panel that client Swatch Group is entitled to more than a half-billion dollars from former business partner Tiffany & Co.
By Jan Wolfe
2 minute read
December 26, 2013 | New York Law Journal
Orrick Loses Bid to Recoup Fees From Publisher WileyAfter the textbook publisher John Wiley & Sons Inc. sued Supap Kirtsaeng for copyright infringement, Kirtsaeng won a seminal U.S. Supreme Court decision that cleared his name.
By Jan Wolfe
3 minute read
December 24, 2013 | The Recorder
Google Takes Aim at Rockstar in Patent FeudBy Jan Wolfe
2 minute read
December 24, 2013 | The American Lawyer
Google Takes Aim at Rockstar in Patent FeudIn the latest skirmish between Google and Apple, Google has asked for a declaratory judgment that it doesn't infringe smartphone patents held by Rockstar Consortium, an entity formed by Apple and other competitors.
By Jan Wolfe
2 minute read
December 24, 2013 | New York Law Journal
Deutsche Bank Reaches Pact with FHFADeutsche Bank SA has become the latest bank to reach a mega-settlement with the Federal Housing Finance Agency, the conservator for Fannie Mae and Freddie Mac.
By Jan Wolfe
3 minute read
December 23, 2013 | The American Lawyer
Orrick Loses Bid To Recoup Fees from Publisher WileyAfter winning a seminal Supreme Court copyright ruling against publisher John Wiley & Sons, Supap Kirtsaeng argued that Wiley should pay $2 million for his legal fees, including a substantial amount for work that Orrick, Herrington & Sutcliffe partner Joshua Rosenkranz did pro bono. The judge disagreed.
By Jan Wolfe
3 minute read
December 20, 2013 | The American Lawyer
DOJ Recovers $3.8B from False Claims Act CasesAccording to the Department of Justice, 86 percent of the recoveries came from cases brought under the FCA's qui tam provisions, which allow whistleblowers to get up to 30 percent. The agency didn't reveal how much it paid to whistleblowers.
By Jan Wolfe
2 minute read
December 20, 2013 | The American Lawyer
Deutsche Bank Reaches $1.9B Deal with FHFAThe Deutsche Bank deal is the FHFA's second largest, behind a $5.1 billion pact with JPMorgan. But the bank "vigorously" denies that it misrepresented the quality of mortgage-backed securities it sold.
By Jan Wolfe
3 minute read