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A group of bondholders who have made sensational allegations that JPMorgan schemed to take advantage of Washington Mutual Bank don't have to exhaust administrative remedies, the court rules.
What Did AIG's Government Watchdog Know?
This fall marks five years since the financial collapse of American International Group Inc. that fueled a global economic crisis. The AIG story is an especially important one for general counsel and, indeed, the entire in-house bar.In this installment of the Arbitration Scorecard, we look at a $5 billion dispute over the phase-out of nuclear power plants in Germany, and an $8.5 billion dispute involving Ukraine's national gas company.
It's been a busy couple of weeks for John Desmarais, the former Kirkland & Ellis partner who launched the patent licensing company Round Rock Research last year. Round Rock filed four new patent infringement complaints against five companies, and it was hit with its first declamatory judgment suit by a would-be licensee, SanDisk Corporation.
Cameron and Tyler Winklevoss aren't taking their Facebook case to the Supreme Court. But that doesn't mean the twins have given up.
The Bankruptcy Files: Big Ideas Go Bust
The Am Law Daily looks at the Am Law 200 firms involved in a diminishing number of notable bankruptcy filings, including those of failed social networking site Bebo, a leading nonprofit for children with psychiatric disorders, and zero-calorie flavored drink Skinny Water.The firm represented billionaire William Koch in his claim against a consignor who sold him 24 bottles of allegedly vintage Bordeaux. A federal jury in Manhattan handed down the punitives award on Friday, a day after giving Koch $379,000 in compensatory damages.
Pfizer's Wyeth unit and its lawyers at Dechert have had a full week managing the company's long-running Prempro mass tort woes.
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