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Inside Counsel

Litigation: Arbitration’s legal landscape

In our last column, we discussed a comparative case study analyzing outside counsel fees, lifecycle and total costs.
6 minute read

International Edition

Gibson Dunn advises as UBS reaches £945m Libor settlement

Gibson Dunn & Crutcher has advised UBS on its (£945m) settlement with US and UK authorities over allegations that the Swiss bank tried to manipulate Libor interest rates. UBS announced today (19 December) that it was settling with the US Department of Justice (DoJ) and the Commodity Futures Trading Commission (CFTC), the Financial Services Authority (FSA) in the UK, and the Swiss Financial Market Supervisory Authority (FINMA), over the regulators' investigations into manipulation of the Libor interbank lending rates.
3 minute read

Inside Counsel

DOJ and Penguin reach settlement in e-books suit

Yesterday, the Department of Justice (DOJ) announced that it has settled its suit against Pearson Plcs Penguin Group over accusations the publisher fixed prices on e-books.
6 minute read

International Edition

4-5 Gray's Inn Square remains in business despite defections

4-5 Gray's Inn Square has confirmed that it will continue to exist as a set despite suffering a mass defection of more than two-thirds of its members in recent weeks.
2 minute read

International Edition

Aviva sues former Dewey chiefs over 2010 bond offering

US subsidiaries of UK insurance giant Aviva have filed a lawsuit against the three former leaders of defunct law firm Dewey & LeBoeuf relating to the firm's $125m (£77.1m) bond offering in 2010. The claim was filed against former Dewey chairman Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders on Friday (14 December) in Iowa Southern District Court by Aviva Life and Annuity Company and Aviva Life and Annuity Company of New York.
3 minute read

International Edition

Lord Phillips takes press reform role; Matrix, 5RB counsel advise papers

Former Supreme Court president Lord Phillips of Worth Matravers has been asked to advise on the establishment of a new press regulator, amid much scrutiny over the impact of Lord Justice Leveson's recommendations for media reform. Phillips has been asked by Press Complaints Commission (PCC) chairman Lord Hunt to work alongside former Labour culture secretary Lord Smith and Simon Jenkins, the former editor of The Times, to help devise the new regulatory body.
3 minute read

Inside Counsel

Chevron to pay $150 million in Brazil oil spill case

Chevron Corp. has agreed to pay roughly $150 million to settle Brazilian civil lawsuits stemming from a November 2011 oil spill.
2 minute read

Inside Counsel

Jury finds Apple infringed three mobile-phone patents

Last week, we told you about a recent study finding that patent trolls brought 61 percent of all patent lawsuits filed in 2012.
2 minute read

International Edition

CC picks up role advising Autonomy founder against HP claims

Clifford Chance is advising Autonomy founder Mike Lynch against allegations of financial impropriety and misrepresentation made by Hewlett Packard (HP), which acquired Lynch's software company last year for $11bn (£6.8bn). The magic circle firm also confirmed it is advising other former members of Autonomy's management. HP made the allegations in a press statement on 20 November, as it announced an $8.8bn (£5.5bn) write-down related to Autonomy in the fourth quarter of its 2012 fiscal year.
3 minute read

Inside Counsel

Facts & Figures: Litigation financing is here to stay

From patent trolls to shrinking law school classes, an inside look at the numbers that count
16 minute read

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