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Inside Counsel

Litigation: Part 2—20 things to consider when negotiating arbitration provisions

In our last column, we listed 10 things to consider when negotiating arbitration provisions, including such items as the location of the hearing, a time limit to get to the hearing, attorneys fees awards and class action waivers.
4 minute read

Inside Counsel

Litigation: Spotting potential constitutional challenges to class actions

Although some lower courts disagree as to the scope and availability of these protections, a number of constitutional provisions may provide four key safeguards for defendants in class actions.
4 minute read

Inside Counsel

Securities class action firms earned $653 million in fees in 2012

According to a report that NERA Economic Consulting released yesterday, plaintiffs firms that handle securities class actions last year collected fees and federal court-related expenses amounting to $653 million, a 4 percent increase from 2011.
2 minute read

International Edition

Linklaters turns to Herbert Smith for second financial regulatory hire

Linklaters has picked up its second Herbert Smith Freehills financial regulatory partner in under six months, with the magic circle firm set to bring in Nikunj Kiri as a partner. His hire comes after Legal Week reported in September that Linklaters had hired contentious regulatory heavyweight Martyn Hopper to boost its City practice.
2 minute read

International Edition

Monckton QC steers Iceland to Euro court victory in bank collapse dispute

Monckton Chambers' Tim Ward QC has successfully steered the Icelandic Government to victory in the European courts, with a ruling yesterday (28 January) meaning that the country is not obliged to repay Britain and the Netherlands for rescuing savers in the collapsed Icesave bank. A European Free Trade Association (EFTA) court in Luxembourg yesterday (29 January) dismissed an application brought by the EFTA Surveillance Authority and the European Commission (EC), with Ward defending the Icelandic Government from allegations that it failed to guarantee minimum levels of compensation to savers in the bank.
3 minute read

Inside Counsel

Government sues Renco Group for avoiding pension obligations to bankrupt steel company

The U.S. Pension Benefit Guaranty Corp. (PBGC) is suing Renco Group Inc., a private holding company, for allegedly avoiding paying the pension plans of bankrupt steel company RG Steel, in which Renco Group had a controlling interest.
1 minute read

International Edition

MoFo, Blackstone and Doughty St act on Barclays Libor application

Senior lawyers at Morrison & Foerster (MoFo), Blackstone Chambers and Doughty Street Chambers have advised on the high-profile application to ensure anonymity for 104 current and former Barclays employees named in a Libor test case. The High Court ruling last week saw Mr Justice Flaux find in favour of a challenge by four media organisations, including the Financial Times and the Telegraph Media Group, which argued that naming those involved was in the interest of the public.
4 minute read

Inside Counsel

Man sues airlines over obese wife’s death

A man whose morbidly obese wife died after being refused a place on three flights from Europe to the U.S. is suing three airlines for $6 million.
2 minute read

Inside Counsel

9th Circuit says Madoff investors can’t sue SEC

The 9th Circuit ruled yesterday that Madoffs investors cant sue the Securities and Exchange Commission (SEC).
5 minute read

International Edition

Pinsents adds City partner with Addleshaws bank litigation hire

Pinsent Masons has strengthened its City financial services practice with the hire of banking litigation partner Michael Isaacs from Addleshaw Goddard. Isaacs, who is currently based in Addleshaws' Manchester office, is set to move to Pinsents' London base, bringing the total number of partners at the firm's City headquarters to around 150. His start date is yet to be confirmed.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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