Last week, seven major defense firms sent an unusual joint letter to the SEC, opposing its proposal to permit shareholders to nominate corporate directors. Wednesday the securities class action plaintiffs bar shot back, in an almost unprecedented show of interfirm cooperation.

Apple's push to intervene in the suit on behalf of its app developers appears to have only emboldened Lodsys. Plus: Intellectual Ventures responds (sort of) to questions about the Lodsys and Webvention litigation campaigns.

Private antitrust litigation related to LIBOR isn't over--not by a long shot. But on Friday 16 banks accused of manipulating the benchmark global interest rate dispelled any notion that they'd be easy targets for the plaintiffs bar.

AIG very nearly collapsed in the early days of the subprime crisis. How hard could it be for plaintiffs to show that AIG officers and directors failed in their duties? Very, very hard, it turns out.

The plaintiffs--including state, local and municipal government entities--claim that Wall Street banks and other investment firms conspired to rig bids and fix the price of municipal derivatives.

To mark the tenth-anniversary of the Arbitration Scorecard, the Litigation Daily will be spotlighting some of the biggest disputes featured in The American Lawyer's survey of international arbitration. In this installment, we look at the $3.4 billion dispute between Occidental Petroleum and the Republic of Ecuador, and the $7.5 billion controversy between Citigroup and Abu Dhabi Investment Authority.