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Japanese Bank's MBS Suit Against JP Morgan Revived
A Japanese bank that filed eight lawsuits against multiple investment banks in 2013 over mortgage-backed securities saw one court victory last week, when an appellate court allowed its case against JPMorgan Chase to proceed, but two other lawsuits were dismissed.Gawker Ends Legal War With Hulk Hogan and His Billionaire Backer
Former professional wrestler Hulk Hogan agreed to settle his case against Gawker Media for $31 million, according to bankruptcy court documents filed Wednesday.Gawker Ends Legal War With Hulk Hogan and His Billionaire Backer
Former professional wrestler Hulk Hogan agreed to settle his case against Gawker Media for $31 million, according to bankruptcy court documents filed Wednesday.Sanctuary Honors Pro Bono Work
Sanctuary for Families board president William Gorin and executive director Judy Harris Kluger honored more than 30 attorneys from nine law firms Wednesday at the 2016 Above & Beyond Pro Bono Awards ceremony.Alito, Thomas to Headline Federalist Society Annual Convention
Justices Clarence Thomas and Samuel Alito Jr. are headliners next month at the Federalist Society's annual national convention, which will focus on the legacy of the late Justice Antonin Scalia. The agenda marks the return of the appearance of at least one conservative justice—a seven-year streak that ended last year when no justice spoke at the event in Washington. Numerous lawyers from Big Law are set to participate on panels at the convention.Cadwalader Restocks Litigation Group With Three Hires
Cadwalader, Wickersham & Taft, which has watched several notable litigators head for the exits this year, announced Monday that it had recruited a new litigation co-leader in former partner Jason Halper from Orrick, Herrington & Sutcliffe. Halper co-chaired Orrick's financial services litigation practice after joining the firm's New York office in 2014. Cadwalader also announced Monday its hire of two other litigators in London and New York.Shearman Gambles on Wall Street Rarity: Nonequity Partners
Shearman & Sterling's move to expand its nonequity tier will likely increase the firm's profitability, at the least in the short term. But it also carries risks.Shearman and Skadden Advise as Japan's Sompo Buys Insurer Endurance for $6.3B
Shearman & Sterling and Skadden, Arps, Slate, Meagher & Flom have taken the lead roles as Japanese insurance firm Sompo acquires New York-listed insurer Endurance Specialty Holdings for $6.3 billion.McDermott Keeps Hiring, Plus More Lateral Moves
The Chicago-based firm hires a handful of new partners ahead of new leadership; Kirkland & Ellis adds Paul Clement and others; Goodwin Procter hires from GE; comings-and-goings at Manatt, Phelps & Phillips; O'Melveny & Myers recruits an Israeli practice head; and other notable additions from throughout The Am Law 200.Trending Stories
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