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Inside Counsel

MBIA settles with Bank of America over allegedly defective mortgages

Financial services company MBIA Inc. is settling with Bank of America Corp. and its Countrywide unit after five years of litigation over Bank of Americas allegedly defective securitized mortgage loans, Bloomberg reports.
2 minute read

Inside Counsel

Merkin investors must wait for Madoff payout

Everyone burned by Bernard Madoffs Ponzi scheme wants their money, and they want it now.
5 minute read

Inside Counsel

McDonald’s, franchise owner face class action for time-shaving

A fast-food worker is suing his employer for secretly shaving time off his and hundreds of other workers hours.
2 minute read

Inside Counsel

Work with IT to build a defensible information management strategy

For years, the e-discovery industry has discussed various strategies for bridging the gap between IT and legal for handling litigation and corporate investigations involving electronically stored information.
6 minute read

Inside Counsel

Harper Lee sues agent over copyright

She may not enjoy the public eye, but thats not stopping Harper Lee from coming out and filing a suit against an agent she said has essentially stolen her famous copyright.
3 minute read

Inside Counsel

Lawsuit challenges Alabama law prohibiting non-dentists from bleaching teeth

Looking to whiten your smile? Well, in Alabama not all teeth-bleachers are created equal.
2 minute read

Inside Counsel

NY AG plans to sue Bank of America, Wells Fargo

New York plans to continue cracking down on financial institutions responsible for the mortgage crisis.
7 minute read

Inside Counsel

Quiz: How well do you remember April's legal news stories?

April showers may have already brought May flowers, but before we lean full-tilt into springtime, we reviewed April's most significant (or just strangest) news stories.
13 minute read

Inside Counsel

GCs predict increase in consumer fraud and privacy class actions

Almost half of GCs across the country are anticipating an uptick in class actions concerning consumer fraud and privacy, according to a recent study.
6 minute read

International Edition

Getting your house in order – the burden of self-reporting

Internal investigations are nothing new, but in the wake of banking scandals, growing regulatory pressure and a raft of legislation tightening and criminalising corporate law, investigations have become as burdensome for general counsel as they are burgeoning for their external legal advisers. Many corporates have gone to great and costly lengths to improve their internal processes, not least in light of the Bribery Act 2010, which forces UK and foreign companies with a UK operation to ensure they have adequate procedures in place to minimise the risk of bribery and corruption.
9 minute read

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