For the second time in a week, some extremely well-financed (and well-represented) plaintiffs have survived an MBIA motion to dismiss a suit claiming the insurer's $5 billion restructuring was a fraud.

Dish Network Corp. suffered yet another setback in its licensing battle with ESPN Inc. on Tuesday, when an appeals court shut the door on Dish's claims that it overpaid by $56 million for rights to four ESPN-owned HD channels.

The ruling is as exhaustive a study of Twombly as we've ever seen. In the end, it gives both the small team of plaintiffs lawyers and the veritable defense army in the case something to cheer about.

Many of the world's most powerful private equity firms must face an investor class action alleging that they conspired to drive down buy-out prices for publicly traded companies, a federal judge in Boston ruled Thursday.

But does this no-cash settlement require Moody's to change anything? Moody's must post a new mission statement on its website, and its top executives must communicate that message to the workforce. Ouch!

The holiday season was not a happy one for hedge funds in litigation. On December 23, a panel from the New York Appellate Division, First Department, dismissed a case against JPMorgan Chase, which had been sued by a hedge fund called Racepoint Partners for its role as the indenture trustee of Enron notes.

As the first appellate court to rule in the wide-ranging antitrust litigation against the title insurance industry, the Second Circuit gave insurers just what they wanted.