Citi is the first major financial institution to resolve SEC allegations that it misled investors about its subprime exposure. We're betting it won't be the last.

Purdue Pharma and its lawyers at Chadbourne & Parke convinced the appellate court to dismiss hundreds of claims by non-New York Oxycontin defendants on forum non conveniens grounds.

On a return trip to the London Stock Exchange a little more than a year after its IPO, Burford has become the best-capitalized fund in the burgeoning litigation financing business. Now it's looking to deploy all that new cash.

After inking a settlement with founders of the Fairfield Greenwich Group over more than $1 billion lost in Bernie Madoff's Ponzi scheme, a lawyer for the plaintiffs at Boies Schiller said the deal "allows us to really focus on the defendants that have a much greater ability to pay."