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February 11, 2013 | New York Law Journal

Ruling Favors Insurers in MBS Litigation

Southern District Judge Jed Rakoff last week ordered Flagstar Bancorp Inc. to pay monoline bond insurer Assured Guaranty Municipal Corp. $90.1 million plus attorney fees following a bench trial in a lawsuit accusing Flagstar of misrepresenting the risks associated with mortgage-backed securities.
2 minute read
JPMorgan Chase Settles Claims over Bid-Rigging for Muni Bond Derivatives
Publication Date: 2012-06-05
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JPMorgan Chase Co. became the latest financial giant to settle bid-rigging claims related to municipal bond derivative transactions when a federal district judge approved a $44.6 million settlement on Monday. Represented by Simpson Thacher, the bank is settling claims with the city of Baltimore, hospitals and universities in Mississippi, and a school district and water and sewage service in Bucks County, Pennsylvania, which are represented by Hausfeld, Susman Godfrey, and Boies, Schiller.

A Day at the Races: In Antitrust Appeal Studded with Big-Firm Litigators, Sixth Circuit Rules for Nascar
Publication Date: 2009-12-14
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Boies Schiller won the case for Nascar, beating back claims by a Kentucky racetrack that it was unfairly barred from holding premier Sprint Cup events. The Kentucky racetrack was represented by Cadwalader.

December 29, 2003 | Texas Lawyer

Plans Can Recoup Costs From Employees' Civil Wins

Addressing a common occurrence in tort litigation, the 5th U.S. Circuit Court of Appeals ruled on Dec. 17 that employee benefit plans are entitled to fully recover payments made to plan members who subsequently win money by suing third-party tortfeasers.
6 minute read
October 03, 2011 | National Law Journal

The 2011 PLAINTIFFS' HOT LIST

28 minute read
May 15, 2013 | The American Lawyer

Objections Mount to $1.6 Billion Toyota Settlement

Potential class members in the U.S. sudden acceleration litigation against Toyota Motor Corp. have filed objections to a proposed $1.6 billion settlement.
5 minute read
July 26, 2004 | Texas Lawyer

Texas Firms' Fees for Their Enron-Related Work

A chart listsTexas firms, their fee requests and a brief description of their work in the bankruptcy of Houston's Enron Corp.
3 minute read
May 27, 2013 | National Law Journal

Objections Mount to Toyota Deal

Objectors have raised a range of problems with the $1.6 billion Toyota settlement, including a proposed $30 million cy pres award for automotive-accident research and the potential for release of claims in companion litigation over anti-lock braking system defects in Priuses.
5 minute read
May 14, 2010 | National Law Journal

Judge agrees to expand plaintiffs' committees in Toyota MDL

A federal judge in California acceded to plaintiffs' request for a robust litigation committee structure in appointing lead counsel for the multidistrict litigation against Toyota Motor Corp. over sudden unintended acceleration defects in its vehicles.
6 minute read
July 27, 2012 | Daily Report Online

Comcast settles, may avoid Supreme Court

Next term's big class-action case before the Supreme Court is Comcast Corp. v. Behrend, set for argument on Nov. 5, one day before Election Day. The justices are expected to decide whether a district court can certify a class without delving into the merits and determining whether there is enough admissible evidence to show that class-wide damages could be awarded.
4 minute read

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