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Four funds claim they lost $1 billion when they short-sold Volkswagen stock without knowing Porsche secretly owned almost 80 percent of VW's shares.
In this installment of excerpts from the Arbitration Scorecard, we look at a $10 billion dispute over smartphone technology and a $10 billion dispute involving a Turkish family's business empire.
A federal judge in Manhattan signed off on the deal with Hachette Book Group, Simon & Schuster, and HarperCollins over the objections of Apple Inc., which has been accused by both the Justice Department and class action lawyers of conspiring with publishers to jack up e-book prices.
Plaintiffs lawyers pressing antitrust class action claims against Apple and the big publishing houses over e-book pricing have oozed confidence since the litigation began last year. And now that the feds are reportedly targeting the companies too, they say they like their odds even more.
All three leading candidates in the crucial race to replace Andrew Cuomo are pulling in big bucks. But wait til you see who's giving--and how much--to the former Bernstein Litowitz partner.
Kindle, iPad, Nook, or plain old paper. No matter how they read it, it's a sure bet that co-lead plaintiffs counsel at Hagens Berman and Cohen Milstein gleefully devoured U.S. District Judge Denise Cote's latest opinion in their proposed antitrust class action against Apple and a quintet of major publishers.
King & Spalding's Expansionist Run Continues With New Paris Office
King & Spalding announced Wednesday that it has officially opened in Paris after receiving the required regulatory approval from the Paris Bar Council. The Atlanta firm had signaled it was due to open in the French capital in March when it hired arbitrators Eric Schwartz and James Castello from the local office of Dewey & LeBoeuf. Joining the two now are arbitrator Kenneth Fleuriet, who has relocated from the firm's London office, and a team of four associates, including three hired from Dewey.Trending Stories
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