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Inside Counsel

Business groups sue SEC over Dodd-Frank rule

Several business groups arent happy with a new Dodd-Frank rule, and theyre taking the Securities and Exchange Commission (SEC) to court over it.
2 minute read

Inside Counsel

U.S. government sues Wells Fargo

Uncle Sam was there to help Wells Fargo & Co. with bailout money when the financial crisis hit, but now the lender is paying the price for its role in the recession.
2 minute read

Inside Counsel

Litigation: What you do—and don’t—know about your company’s foreign activities can hurt you

U.S. companies are more and more reliant on a globalized business environment that is both outward- and inward-facing.
10 minute read

International Edition

Court of Appeal clarifies 10% damages uplift stance after ABI challenge

Claimants with conditional fee arrangements (CFAs) drawn up before 1 April 2013 will not benefit from the 10% increase in damages payouts set to come into effect next year, following a ruling handed down today (10 October). In today's judgment in Simmons v Castle, the Court of Appeal (CoA) has clarified that claimants with existing CFAs will not be eligible to benefit from both the recovery of their success fees and after-the-event (ATE) insurance available under current legislation, as well as the 10% increase in damage payouts set to take effect in 2013.
3 minute read

Inside Counsel

Murder plot against federal judge and assistant U.S. attorney uncovered

Being a federal judge is far from the easiest job on the planet, but we wouldnt exactly call it dangerous.
2 minute read

Inside Counsel

Dewey’s $71 million clawback settlement wins court approval

A U.S. bankruptcy judge approved a $71.5 million settlement between former Dewey & LeBoeuf partners and the bankrupt law firms estate on Tuesday.
5 minute read

Inside Counsel

Aluminum manufacturers reach $85 million settlement

The ongoing battle between U.S.-based aluminum maker Alcoa and Bahrain-owned aluminum maker Aluminum Bahrain (Alba) is coming to an end with Alcoa agreeing to pay Alba $85 million.
2 minute read

Inside Counsel

Pfizer will pay $164 million to settle Celebrex class action

Pfizer Inc. has agreed to pay hundreds of millions of dollars to settle a shareholder class action lawsuit concerning its arthritis drug Celebrex.
2 minute read

International Edition

High-profile judge suspended from judiciary following arrest

High-profile judge Constance Briscoe has been suspended from the judiciary pending a police investigation into allegations against her. Briscoe is understood to have been arrested in Clapham last weekend by officers from Kent police service and is currently released on bail.
2 minute read

International Edition

Reed Smith recruits Holman Fenwick partner duo for Singapore launch

Reed Smith has opened a four-partner office in Singapore, with two lateral hires from Holman Fenwick Willan and a number of relocations. The new office is Reed Smith's fourth in Asia, and adds to its presence in Hong Kong, Beijing and Shanghai. It will be headed by arbitration partner Gautam Bhattacharyya, who relocates from London.
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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