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The Second Circuit halted a winning streak for Simpson Thacher and Orrick in a mortgage-backed securities class action against banks that underwrote and sold billions in securities backed by NovaStar loans.
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Grasso Asks Judge To Be Recused
The former New York Stock Exchange chairman claims the presiding judge in the case challenging the amount of his compensation package has a number of conflicts.Defense Bar Mobilizes Behind Stewart
Calling the indictment of lawyer Lynne Stewart for supporting terrorism an unprecedented attack on the attorney-client privilege, members of the defense bar are mobilizing support for the embattled Stewart. At a panel discussion Thursday in New York, the newest member of the Stewart defense team, Michael Tigar, told an audience of more than 200 that Stewart is the latest victim in a government assault on civil liberties.Trial Judge Rotations at a New High
The New Jersey judiciary's commitment to rotating judge assignments was reaffirmed in a big way in this year's general assignment order — marking the most transfers in nearly a decade.Trending Stories
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