Manhattan federal district court judge Lewis Kaplan is tossing out Lehman cases as if they were old shoes. Last week it was the ratings agency case; this week it's an ERISA class action.

With the credit crisis fading into the distance, the flood of suits against Chinese reverse merger companies drying up, and the courts erecting barriers left and right, securities plaintiffs lawyers may be struggling to find new targets.

The decision revives Global Reinsurance's allegations that Equitas, created in the Lloyd's restructuring of 1996, has taken advantage of its vast power in the reinsurance marketplace.

Morgan Lewis & Bockius client ActiveVideo prevailed in a three-week patent infringement trial, but there's another beneficiary too: ActiveVideo client Cablevision, which continues to battle Verizon over related patents at the ITC.

In case you were worried that the judge who won't sign off on the bank's proposed $33 million settlement with the SEC is allergic to all BofA deals, here's proof he isn't. This week Rakoff gave the green light to the $150 million securities class action settlement of a case BofA inherited when it acquired Merrill Lynch.

Citing Lehman's infamous Repo 105 balance transfers, federal district court Judge Lewis Kaplan ruled that most of the claims in the mammoth Manhattan securities class action against Lehman's directors, officers, auditor, and underwriters could move forward.

Two new California state court suits filed by Grais were the subject of a Sunday New York Times column that noted his strategy of steering clear of hard-to-prove fraud allegations. But there are still a raft of defense firms standing between Grais and a big payday.

Plaintiff merchants in the massive Visa and Mastercard settlements faced a choice: securitizing four more years of settlement payments, or taking a lump sum offer from the credit card companies.