The cable company's secured lenders, led by JPMorgan Chase, wanted to force a refinancing of $11 billion Charter borrowed on rock-bottom terms in 2007. But after a highly complex bench trial, the bankruptcy judge found Charter was not in default of its loan agreement.

One of the largest and costliest matters backed by outside litigation funding — an ambitious $1.65 billion lawsuit brought by two American brothers — met its demise on Tuesday.

That didn't take long. A couple of Manhattan federal district court judges overseeing billion-dollar securities cases are already weighing the effect of the Supreme Court's game-changing ruling in Morrison v. NAB.

The allegations in the new complaint sound an awful lot like what shareholders have already claimed in a Delaware Chancery Court case against Barclays and KKR. But they're also similar to those in a sweeping LBO bid-rigging suit Robins is pursuing against 17 investment banks and private equity funds.

The proceedings in Delaware have hogged the spotlight, but there's some pretty significant litigation over the WaMu collapse going on in Seattle as well.