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September 20, 2024 | The Legal Intelligencer

Seventh Circuit Issues Seemingly Internally Inconsistent FCRA/FDCPA Decision

In its recent decision in Freeman v. Ocwen Loan Servicing, No. 23-2512, the U.S. Court of Appeals for the Seventh Circuit upheld a district court's dismissal of a borrower's Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA) claims arising out of her mortgage servicer's erroneous reporting that her mortgage was in default.
9 minute read
July 31, 2024 | New York Law Journal

UBS Sues Bank of America for $200 Million Over Indemnification Breach

The complaint, filed in Manhattan state court on Wednesday, alleges Countrywide Financial – which was purchased by Bank of America in 2008 – agreed to cover legal costs stemming from residential mortgage-backed securities that were backed by Countrywide's mortgage loans.
2 minute read
January 02, 2024 | Litigation Daily

Litigation Leaders: Lynn Neuner of Simpson Thacher on the Enduring Value of Being a Generalist

"I've always loved being a student, so I enjoy the chance to educate myself about new fields. The clients appreciate that I bring a broad spectrum of skills to the table."
12 minute read
January 02, 2024 | Delaware Business Court Insider

Simpson Thacher Litigation Co-Chair on the Enduring Value of Being a Generalist

"I've always loved being a student, so I enjoy the chance to educate myself about new fields. The clients appreciate that I bring a broad spectrum of skills to the table."
12 minute read
November 21, 2023 | New York Law Journal

Expanding the Scope of 'Securities-Related' Exception to the Class Action Fairness Act

In 'Krasner', the Second Circuit considered whether the securities-related exception to the federal jurisdiction conferred by CAFA prohibited removal to federal court of a class action alleging aiding and abetting the breach of fiduciary duties and tortious interference claims. This decision is another instance where the circuit has adopted an expansive interpretation of the exception.
7 minute read
October 14, 2022 | Litigation Daily

Litigators of the Week: 5 Weeks Into Countrywide Trial, Quinn and Patterson Belknap Bring Home $1.84B Settlement for Ambac

A trial team led by Michael Carlinsky and Manisha Sheth at Quinn Emanuel and Peter Tomlinson at Patterson Belknap landed the market-moving payout for monoline insurer Ambac in the case dating back to the mortgage meltdown.
8 minute read
October 05, 2022 | New York Law Journal

Litigation Department of the Year, Finance: Simpson Thacher & Bartlett

"Simpson Thacher's world-class litigation team has a unique blend of experience, commercial savvy and creativity to help resolve the most complex class actions."
4 minute read
June 05, 2020 | New York Law Journal

Attorney-Client Privilege and the Corporate Client: Can a Former Employee Speak for the Client?

In his Evidence column, Michael J. Hutter discusses a recent decision that addressed the question of whether a corporation's former high-level employee who would have been viewed as the client under the 'Upjohn' standard while employed, retained that status when his employment with the corporation was terminated and he was now working for the corporation in the same capacity but as a "consultant" on a contractual basis.
13 minute read
May 07, 2020 | Legaltech News

Australian Privacy Lawyers Voice Support for Government-Sponsored Coronavirus Tracing App

The lawyers who signed the letter come from global firms Bird & Bird, DLA Piper, Herbert Smith Freehills, K&L Gates, King & Wood Mallesons and Norton Rose Fulbright, as well as from several top-tier Australian firms and corporations.
7 minute read
April 03, 2020 | New York Law Journal

Delaware Supreme Court Upholds Forum Selection Clause Provisions for Securities Act Claims

The decision will likely stem the tide of securities class actions being filed in state court following the U.S. Supreme Court's decision in 'Cyan', and may serve as a roadmap for proponents of arbitration clauses for securities litigation in corporate charters.
9 minute read

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