Assured Guaranty's case against Flagstar Bancorp wasn't the biggest case brought by a bond insurer against a mortgage-backed securities issuer in the wake of the housing crisis. But that doesn't make Buchdahl's $90 million victory this week any less of a problem for the banks.

American Airlines and US Airways are pushing back hard against the U.S. Department of Justice, filing court papers blasting the government’s bid to block their pending $11 billion merger.

A bench trial begins on Monday in San Jose in a suit that accuses five major corporations of creating a public nuisance by manufacturing and promoting lead-based paint despite knowledge it was harmful. Ten cities and counties in California are demanding nearly $1 billion in cleanup costs.

We answer three key questions: Who's representing whom? What's going on with judicial recusals? And are cases moving in advance of the MDL panel's July meeting?