Ross Todd

August 13, 2009 | The American Lawyer

A bad couple of weeks for the Alabama lender got worse Wednesday, when Bank of America accused Colonial of failing to pass on more than $1 billion in cash and assets to a commercial paper vehicle for which Colonial is the custodian. Acting for noteholders of the commercial paper business, BofA is demanding Colonial cough up the $1 billion.

By Ross Todd

2 minute read

April 01, 2010 | The American Lawyer

Quadruple, near-simultaneous bankruptcies taxed the endurance of the Obama administration's bare-bones auto task force and added section 363 to Detroit's lexicon.

By Ross Todd

4 minute read

September 16, 2009 | The American Lawyer

Was Coldplay's monster 2008 hit "Viva La Vida" a rip-off of guitar god Joe Satriani's "If I Could Fly"? Looks like we'll never have a public airing of the question: Coldplay has settled Satriani's copyright suit, with both sides agreeing to pay their own costs and attorneys' fees.

By Ross Todd

2 minute read

February 08, 2010 | Law.com

Before the market meltdown in the fall of 2008, Charlotte, N.C., was headquarters to the largest and third-largest banks in the United States measured by deposits -- Bank of America and Wachovia Corp. But in the last 18 months, the banks that used to be the biggest exclamation points in a booming regional economy became Charlotte's biggest question marks. As the banks go, so go their law firms. Last year there were cuts in 18 of the 21 Am Law 200 offices in Charlotte, and the cuts were deep.

By Ross Todd

2 minute read

September 23, 2009 | The American Lawyer

The maker of home computer routers originally faced claims that 280 of its products infringed three patents held by three major electronics companies. Last Friday a federal district court judge granted summary judgment to Netgear on all remaining claims.

By Ross Todd

2 minute read

September 30, 2010 | The American Lawyer

A federal judge in Seattle dismissed some claims, but she ruled that others related to $11 billion in losses could go forward.

By Ross Todd

2 minute read

January 23, 2012 | The American Lawyer

Citigroup must pay two financial advisers and their assistant about $24 million for failing to pay them promised commissions, according to their lawyer at Boston's Prince Lobel Tye. That's far less than the $234 million the claimants originally sought, but it's still plenty more than Citi and its lawyers at Morgan, Lewis & Bockius were hoping for.

By Ross Todd

3 minute read

April 01, 2008 | The American Lawyer

By -Ross Todd

2 minute read

September 23, 2009 | Law.com

Back in May, the European Commission hit chip-maker Intel with a record $1.45 billion fine for unfairly limiting competition with rival Advanced Micro Devices. This week the EC finally made the reasoning behind its decision public, releasing a "provisional nonconfidential version" of its May decision. The decision released Monday provides specifics on deals that Intel allegedly made with Acer, Dell, Hewlett-Packard, Lenovo and NEC in order to limit the release of PCs running AMD products.

By Ross Todd

3 minute read

August 05, 2009 | The American Lawyer

The drug at issue, Yasmin, not only prevents pregnancy but also offers the desirable side effect of reducing bloating. But a federal district court ruled that Bayer's patented technique for increasing the absorption of a key ingredient was obvious, given the prior art.

By Ross Todd

2 minute read