In fending off the banks' attempt to revive their fraud suit against MBIA at the state's highest court, MBIA enlisted the support of New York's attorney general and accused them of "burdening" the courts with misplaced claims.

The issue before Delaware bankruptcy court judge Mary Walrath was whether to stay or transfer WaMu's suit seeking the return of billions it claims JPMorgan appropriated when it bought Washington Mutual Bank. Judge Walrath not only refused to stay or transfer the case--she also granted broad discovery to Quinn's client.

For the second time in less than a week, a Delaware Chancery Court judge had harsh words for a CEO seeking to sell his company in a multibillion-dollar deal, but stopped short of blocking the proposed sale.

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.

Four years after regulators began investigating alleged collusion by the banks controlling the CDS market, private antitrust litigation is finally starting to take shape.

When The Donald's suit against the investment partners who sold the land for an allegedly inadequate price was dismissed, he went after the buyers instead. That case was dismissed too--but not without a harsh warning against future filings by the judge.