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Lawyers for Morgan Stanley and Oppenheimer beat back separate Ashland appeals in the Second and Sixth Circuits on Thursday over a combined $260 million in ARS loses.
PI Arrested on Charges of Defrauding Top Litigation Firms
Federal law enforcement officials in New York have announced the arrest on wire fraud charges of a Montana private investigator who allegedly defrauded two of Manhattan's top litigation firms by promising to sell them "proof" of misconduct by opposing parties and counsel. In both cases, prosecutors allege that Michael Lair offered to sell one party sensitive information, and later offered to sell the other side the information that their opponents had hired him to perform illegal and unethical acts.Investigator Pleads Guilty to Fraud Against Firms
Even though ACA played a role in structuring the notorious ABACUS deal, it claims it was victimized by Goldman and is seeking $120 million.
Lawyers Cross Swords in Rare Joint Hearing on MBIA Discovery
Attorneys for bond insurer MBIA, its policyholders and the New York State Department of Financial Services clashed in an unusual joint hearing before a state judge and a federal judge on March 9, at one point veering from the main issue, a discovery dispute, to the possibility of insider trading by MBIA CEO Jay Brown.Dakota Directors Can Be Held Liable for Bias, Panel Finds
A discrimination suit filed by a black resident can go forward against the legendary Manhattan co-op where John Lennon was murdered, a state appellate court has ruled.Howrey Trustee Adds Firms to Clawback List
The Howrey estate was by turns peaceable and litigious Friday, striking a multimillion-dollar settlement with one of its insurance carriers while rounding up more firms — including Haynes and Boone — for clawback claims.Trending Stories
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