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For the antitrust bar, the ruling is an important clarification of Twombly pleading standards in Sherman Act cases. And for the rest of us, it raises the possibility of cheap music downloads somewhere down the road.
Lawyers at Hausfeld; Susman Godfrey; and Boies, Schiller claim that a portion of JPMorgan's $211 million bid-rigging settlement earlier this month sidelines their class claims against the bank in a parallel MDL. On Friday the MDL judge agreed to put part of the deal on hold while he considers the plaintiffs' challenge to a similar settlement with Bank of America.
The first trial featured references to Jesus Christ and the eating habits of Commil's Jewish owner. This time around the lawyers stuck to the evidence, which persuaded Texas jurors to award Commil $63.8 million in damages.
Top Cases of 2003: Corporate Crime
Wrongdoing in the boardroom was behind many of the cases that grabbed the attention of the New York legal community in 2003. The New York Law Journal Magazine explores why those cases stand out and what effect they may have on future litigations. We also take a closer look at the attorneys at the center of these events.Detour Delays Ruling on Gun Makers' Verdict
The first jury verdict in the nation against a gun maker for injuries caused by a properly functioning gun will likely remain in limbo for another year, due to a ruling issued by the 2nd U.S. Circuit Court of Appeals Wednesday. The court concluded that the New York Court of Appeals should first answer the question of whether the plaintiffs' negligent marketing theory is cognizable under state law.Trending Stories
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