Scott Flaherty

December 30, 2014 | Litigation Daily

Securities defense pro Bruce Angiolillo is leaving his lifelong Simpson Thacher career behind to guide embattled auto parts maker Takata through a U.S. legal minefield.

By Scott Flaherty

3 minute read

December 30, 2014 | Commercial Litigation Insider

New York Supreme Court Justice Marcy Friedman allowed New York Attorney General Eric Schneiderman to press forward with claims, under the New York's 93-year-old Martin Act, the state's tool for combating financial fraud, that Credit Suisse knew about flaws in loans packaged into residential mortgage-backed securities (RMBS) and misrepresented the quality of those loans, causing about $11.2 billion in investor losses.

By Scott Flaherty

8 minute read

December 29, 2014 | Litigation Daily

A New York judge poured coal in the stockings of defendants looking for vulnerabilities in New York's 93-year-old Martin Act, the state's fearsome tool for combating financial fraud.

By Scott Flaherty

4 minute read

December 29, 2014 | Litigation Daily

But the TV broadcasters whose copyright claims drove Aereo into bankruptcy will be paying close attention as bidders pick over the company's carcass.

By Scott Flaherty

2 minute read

December 29, 2014 | Commercial Litigation Insider

Siding with BNY Mellon and its lawyers at Mayer Brown, a Manhattan federal appeals court has thwarted a potential class action brought by pension funds seeking to recoup losses from the financial institutions that served as trustees for residential mortgage-backed securities trusts. Under the ruling, the pensions can only pursue claims related to trusts they actually invested in.

By Scott Flaherty

5 minute read

December 24, 2014 | Litigation Daily

Siding with lawyers at Mayer Brown, the Second Circuit thwarted a potential class action brought by pension funds seeking to recoup losses from financial institutions that served as trustees for RMBS trusts.

By Scott Flaherty

3 minute read

December 23, 2014 | Law.com

After a bruising year in the courts, the U.S. Equal Employment Opportunity Commission managed to save some face this week in battle over attorney fees.

By Scott Flaherty

3 minute read

December 23, 2014 | Law.com

A federal magistrate judge recommended that Bayer CropScience pay $5.46 million to cover Dow's attorney fees in a patent dispute over soybean seeds.

By Scott Flaherty

2 minute read

December 22, 2014 | Litigation Daily

With a scheduled trial less than a month away, Google and its lawyers at Perkins Coie failed Monday to escape a 3-year-old patent infringement lawsuit targeting two of its hugely popular mapping programs, Google Earth and Street View.

By Scott Flaherty

2 minute read

December 22, 2014 | Litigation Daily

Eli Lilly's defense lawyers at Covington & Burling are on a roll in a string of lawsuits accusing the drug maker of misrepresenting the withdrawal risks of its blockbuster antidepressant, Cymbalta.

By Scott Flaherty

3 minute read