After repeatedly touting its lawsuit against two former executives who departed for McKinsey & Co., turnaround consultancy AlixPartners and its lawyers at Gibson Dunn quietly settled the case.
In its second lawsuit related to requirement for publicly traded oil and gas companies to disclose payments to foreign governments, Oxfam claims the wait for a final version of the rule has gone on far too long.
The threat of big overtime damages for contract lawyers in New York has been diminished, thanks to a ruling that Stephanie Aranyos and Brian Gershengorn won for Skadden.
The Supreme Court's ruling in Daimler v. Bauman arose from claims of torture, kidnapping and murder in Argentina. But the decision holds promise for foreign defendants in all kinds of cases, as the Second Circuit illustrated Wednesday in a battle over funds held by Chinese counterfeiters at Bank of China.
A judge in Delaware agreed with Alcatel-Lucent's lawyers at Goodwin Procter that the plaintiff, an Acacia subsidiary called Chalumeau Power Systems, filed a frivolous lawsuit and backed off only after Alcatel refused to negotiate a settlement.
Another big verdict went up in smoke at the U.S. Court of Appeals for the Federal Circuit on Tuesday, when the appeals court ordered a new damages trial in VirnetX Inc.'s patent infringement case against Apple.
A judge mostly upheld the Commodity Futures Trading Commission's rules on cross-border swaps, adding a blemish to Eugene Scalia's impressive record challenging government regulations on behalf of Wall Street.
Personal Audio and its lawyers showed they know how to sway a jury, giving the company leverage in any settlement talks with other defendants they've targeted over podcasting IP.
O'Melveny & Myers scored a speedy appellate victory in a battle between past and present television titans, persuading the Federal Circuit to reject patent infringement claims by Japan's Hitachi Consumer Electronics against fast-growing Chinese TV manufacturer TPV Technology Ltd.
Chadbourne's Abbe Lowell and Lee Wolosky of Boies Schiller are no strangers to sensational cases. Exhibit A: billionaire Victor Restis' defamation lawsuit against United Against Nuclear Iran, which was thrown back into the headlines over the weekend by the government's plea to toss the case.
Dutch courts like arbitration winners, and the Dutch don't like Russia. But if you're a former superpower staring down the barrel at a $50 billion award, you take your chances and look for your best argument.
Thanks to a dustup with an erstwhile client and unfavorable rulings by two New York judges, an intern's case against CBS is dead on arrival, and cases against Warner Music Group and Viacom are destined never to go before a jury.
Like more than a dozen bank defendants before it, HSBC on Friday reached a megabucks settlement to end its mortgage-backed securities fight with Fannie and Freddie's conservator.
Investors in mortgage-backed securities issued by IndyMac settled their claims against the bank's underwriters. But the IndyMac litigation lives on at the U.S. Supreme Court—with important implications for the time limits that govern securities class actions.
Europe's highest court upheld a ban on credit card fees set by MasterCard Inc., dealing a defeat to the credit card company and its lawyers at Jones Day.
As the owner of the oil rig whose explosion fouled the Gulf of Mexico in 2010, Transocean has always been a key defendant in litigation over the Gulf spill. But thanks in part to Brian, BP is still stuck with most of the tab.
"Any lawyer worth his salt knows a dead person cannot maintain a personal injury action," an appellate panel wrote in throwing out hundreds of defective personal injury cases brought by Florida lawyer Norwood Wilner.
By refusing to allow the litigation privilege to shield Cahill Gordon and its former client from egregious fraud claims, a Third Circuit panel took a welcome step toward holding lawyers more accountable for their actions.
Mehta is used to hitting milestones before her peers: college degree by 17, Big Law partner by 30. This week the 33-year-old won her first big patent trial as colead counsel, securing a total defense victory for Adobe Systems.
The accused patent troll MPHJ Technology Investments is trying a different tack in its battle with Vermont Attorney General William Sorrell, bringing a new federal lawsuit to block the AG from pursuing state consumer protection claims against the company.
Fox News and its lawyers at Kirkland & Ellis suffered a big setback on Tuesday in their copyright case against TVEyes Inc., a service that allows corporations, media watchdogs and political campaigns to track what cable news pundits are saying.
Delaware judges aren't exactly known for ceding jurisdiction to other states, especially in shareholder disputes. But a chancery judge ruled that forum selection bylaws are valid even if they're adopted in anticipation of litigation, and even if they designate a Delaware company's out-of-state home turf as the forum.
After a judge tossed a $283 million damages award they won against rival Space Systems/Loral, the satellite design company ViaSat and its lawyers at Quinn Emanuel have opted to cut a deal rather than face another jury.
Less than three weeks after halting drugmakers Mylan and Par Pharma from selling generic versions of Hospira's blockbuster sedative Precedex, a judge in Baltimore performed an unexpected about-face that allows the generics to resume sales.
Despite some regrettably worded internal communications it produced during discovery, Xerox Corporation has finally killed off a class action alleging it overstated the cost-saving benefits of its big corporate reorganization in 1998.
After seven years of litigation, the white flags are waving in a once massive antitrust class action accusing top private equity firms of scheming to drive down the value of leveraged buyout deals.
In a setback for the American Psychological Association and its lawyers at Wilmer Cutler Pickering Hale and Dorr, an appeals court has revived an unusual class action alleging that the APA duped psychologists into paying extra annual fees to support its lobbying wing.
The United States Polo Association scored a win in its endless trademark fight with Ralph Lauren Corporation, persuading a judge to compel arbitration of claims that it breached a decade-old truce with RLC.
Fresh off a pretrial win in a lawsuit accusing big banks of conspiring to fix credit default swaps, Quinn Emanuel Urquhart & Sullivan has launched a new multibillion-dollar antitrust suit against the banks, this time over interest rate swaps.
Litigators of the Week: Christopher Placitella of Cohen, Placitella & Roth and Jeffrey Pollock of Fox RothschildBy Jan Wolfe |
Placitella and Pollock persuaded an appeals court to revive fraud claims against BASF Corporation and Cahill Gordon—and to affirm that the litigation privilege isn't a license to deceive the courts.
Applying the age-old concepts of searching and ranking to the Internet made Google one of the world's richest companies. But Google's lawyers are on a roll, defeating patent cases on the grounds that taking an abstract idea and adding a computer doesn't warrant patent protection.
Institutional investors represented by Quinn Emanuel and Pearson, Simon & Warshaw cleared a major hurdle on Thursday, when a judge refused to toss most of a multibillion-dollar class action targeting top international investment banks.
Mayer Brown's Stephen Baskin represented five of the nine airlines named as defendants in the case: American Airlines, Delta Airlines, Frontier Airlines, United Airlines and US Airways.
When it comes to fighting the infamous patent troll MPHJ Technology Investments, Nebraska attorney general Jon Bruning must envy his counterpart in Vermont, Bill Sorrell.
Siding with Cahill's Floyd Abrams, a judge ruled that IKB Deutsche Industriebank waited too long to sue Standard & Poor's for the top ratings it bestowed on notes issued by an ill-fated investment vehicle.
Armed with lawyers from Boies, Schiller & Flexner and O'Melveny & Myers, Goldman Sachs scored back-to-back victories on Wednesday against former employes who burned their bridges with the investment banking behemoth in spectacular ways.
Adopting an argument that other courts have rejected, a federal judge in Manhattan ruled that the FDIC waited too long to sue Deutsche Bank, Royal Bank of Scotland, Credit Suisse and other banks that sold mortgage-backed securities.
After creating a playbook for overturning public teacher tenure rules on one coast, Gibson, Dunn & Crutcher has been sidelined on the other.
The aluminum warehousing industry has been the target of critical media coverage and regulatory scrutiny. But thanks to defense lawyers from Latham, Sullivan & Cromwell and other firms, it's not turning out to be fertile ground for antitrust litigation.
Luis Aguilar lashed out at his fellow SEC commissioners for the weak penalties they imposed on a former CFO. But the most disturbing part of his dissent was his accusation that the agency waters down the facts it releases to the public about cases it settles.
Reports of aluminum price-fixing by big investment banks and the London Metal Exchange sparked widespread outrage—and class action litigation. Zwisler led LME to an early victory this week, leaving the other defendants to face the plaintiffs on their own.
We've lost count of how many times the banks sued by the Federal Housing Finance Agency for selling shoddy mortgage-backed securities have had their defenses slapped down by U.S. District Judge Denise Cote.
The administrator unwinding MF Global called on Kasowitz Benson to sue PricewaterhouseCoopers, claiming that the accounting firm's advice led MF Global to amass enormous exposure to European debt, contributing to more than $1 billion in losses.
Xerox, Ricoh and Lexmark asked for a review of two MPHJ Technology patents that cover a virtual copier technology described as "scan-to-email." MPHJ has sent thousands of demand letters to small companies, threatening to sue them for infringement if they don’t pay a licensing fee.
Maurice Greenberg’s $25 billion lawsuit against the U.S. government over the bailout of AIG moved a step closer to trial this week. That trial, set to begin Sept. 29, would feature testimony from former top government officials, as well as some of Wall Street’s most prominent banking lawyers.
The Boeing Company pursued the firm for bringing a botched securities fraud case based on the testimony of an unreliable confidential witness.
A daring and novel argument by Latham & Watkins persuaded a federal judge that the London Metal Exchange Ltd., a private for-profit entity, should get sovereign immunity.
With its plot twists and sheer length, the decade-old battle for the Stolichnaya vodka trademark is starting to resemble a Russian novel.
BP plc and its lawyers Kirkland & Ellis have likely finished off a long-running class action alleging that the oil company should cover cleanup costs from a shuttered oil refinery in southeast Kansas.
After winning about $3.5 billion in default judgments against the Republic of Cuba, Fidel Castro's persecuted political opponents and their families have cleared a hurdle in their bid to seize funds from global banks including Spain's Banco Bilbao Vizcaya Argentaria (BBVA).
Brower Piven and Harwood Feffer worked together to tee up plaintiffs for an investor class action that ultimately settled for $586 million. But the relationship has since soured, judging by a new contract battle between the firms.
This deal brings the FHFA’s recovery from major banks to more than $21 billion, reinforcing that the agency’s litigation crusade, begun in 2011 against 18 banks and led by Philippe Selendy of Quinn Emanuel Urquhart & Sullivan, has been a monumental success.
Maurice Greenberg’s Starr Investments claimed it was fraudulently induced to buy stock in China MediaExpress, one of many Chinese companies to be listed on a U.S. stock exchange through a so-called reverse merger.
"The genesis of this suit is a disgruntled layman's speculation about complex laws and engineering, abetted by ideologues," wrote a Houston federal judge about the purported whistleblower suit.
When Roche tried to stake a claim to Gilead Sciences' blockbuster Hepatitis C drug, Gilead turned to Cooley to neutralize the threat.
More than $1 billion of Thursday's megasettlement with Bank of America resolves claims first brought by private whistleblowers—including one case involving a two-time False Claims Act tipster who's married to one of "The Real Housewives of New Jersey."
A U.K. arthritis research trust overreached by demanding more patent royalties from drugmaker and longtime licensee AbbVie, an appeals court ruled on Thursday.
The Tenth Circuit ruled once again that the National Credit Union Administration didn't wait too long to sue big banks that sold billions of dollars in ill-fated mortgage-backed securities to federally chartered credit unions.
The U.S. Supreme Court's decision in Morrison v. NAB already helped slash a rare securities class action jury verdict against Vivendi. Now the company's lawyers at Weil and Cravath are busy trying to bury what's left of the spoils.
Barely 24 hours after hearing oral arguments, a federal appellate panel refused Wednesday to revive claims that plaintiffs lawyers deserve $6 million in fees for supposedly helping to oust former Citigroup CEO Vikram Pandit and another Citi exec two years ago.
The ruling, which Depomed said would extend its monopoly on the pain drug Gralise for a decade, is a huge relief for the small pharma company and its investors.
Motions for reconsideration are always a long shot. But they don't usually backfire as dramatically as they did Tuesday in a decision by U.S. District Judge Lewis Kaplan in Manhattan.
It's not odd for regulators to demand independent monitors for companies caught breaking the rules. But it's rare to learn that a monitor found even more failures—starting the cycle of payment, official contrition and monitoring all over again.
Lawyers at Simpson Thacher made quick work of a $124 million lawsuit alleging that Twitter duped two investment advisers into propping up demand for its shares ahead of the company's initial public offering.
The tort theory of "innovator liability"—the notion that brand-name drug companies can be held liable for inadequate warnings on other manufacturers' generic versions of their drugs—has been widely panned on appeal. But innovator liability isn't dead yet.
For the second time this summer, a major law firm has come under scrutiny for its questionable role advising a bank on transactions with sanctioned countries.
As Israeli-Palestinian violence swirls anew, a jury judges the terror crimes of old.
Echoing a 2012 ruling by a state appeals court, the Second Circuit agreed with Porsche's lawyers at Sullivan & Cromwell that billions of dollars in claims against the German automaker don't belong in the United States.
A ruling by a federal judge in Nevada chips away at the obstacles confronting Oracle and its lawyers at Bingham McCutchen and Boies, Schiller & Flexner as they inch toward a long-awaited trial.
With trial in Linde v. Arab Bank now underway in Brooklyn, see our roundup of the other key Anti-Terrorism Act cases unfolding in U.S. courts.
With their clients facing a combined 22 years in prison, lawyers at Perkins Coie and Foley & Lardner are urging the U.S. Supreme to shed light on what it means to bribe a foreign official in violation of the Foreign Corrupt Practices Act.
Litigators of the Week: Michael Hausfeld of Hausfeld LLP and William Isaacson of Boies, Schiller & FlexnerBy Jan Wolfe |
Hausfeld and Isaacson's landmark win in O'Bannon v. NCAA promises to transform the business of college sports—and the fate of the student athletes who play them.
The ruling is a victory for Siemens and its lawyers at Kirkland. But it's a disappointment for those who hoped the court would clarify whether Dodd-Frank protects employees who are fired after blowing the whistle internally but before alerting the SEC.
The ruling is the latest in a string of victories for photojournalist Daniel Morel and his lead trial lawyer, Joseph Baio of Willkie Farr & Gallagher, who may soon be financially rewarded for a case he's called a labor of love.
Irving Picard of Baker & Hostetler, the liquidation trustee for Bernie Madoff's fraud-soaked investment firm, suffered a second setback this week in his bankruptcy court fight with J. Ezra Merkin and the Madoff feeder funds he managed.
In the past six months Cleary Gottlieb Steen & Hamilton litigators have lost a string of historic cases. Powerful entities routinely ask Cleary to push the envelope in international law. Lately it hasn't worked out well.
Facebook Inc. and its lawyers at Cooley have lost their bid to recover attorney fees from Rembrandt Social Media, the nonpracticing entity they slayed at trial in June.
The hedge fund NML and its lawyers at Dechert won a discovery ruling in Las Vegas that could help the company collect a small fraction of the $1.7 billion they're demanding from Argentina.
A group of major tech companies and academics have thrown their weight behind Marvell Semiconductor's bid to reverse a $1.54 billion trial loss to Carnegie Mellon University, arguing that the verdict was based on a dangerous ruling applying U.S. patent law to overseas commerce.
A federal judge in San Diego ruled that that a do-over is needed in ViaSat's case against Space Systems/Loral in order "to prevent a miscarriage of justice."
Vermont can proceed with its lawsuit against the much-maligned patent holder MPHJ Technology in state court, the Federal Circuit ruled Monday, handing a victory to state AG William Sorrell and to other states that have passed consumer protection laws to thwart patent trolls.
The patent licensing company VirnetX got a boost on Friday in its latest fight with Apple, persuading a federal judge in East Texas that Apple can't revive defenses from an earlier case that culminated in a $368 million verdict for VirnetX.
Major League Baseball, the National Hockey League and cable broadcasters are stuck fighting claims that they schemed to shield regional sports networks from competition for live game broadcasts.
Irving Picard, the trustee tasked with unwinding Bernie Madoff's investment firm, has hit another wall in his efforts to block two big-dollar settlements with companies that once funneled cash into Madoff's Ponzi fraud.
The first-ever U.S. terrorism financing trial represents a big challenge for defense lawyers at DLA Piper, and a historic opportunity for the unusual alliance of plaintiffs attorneys behind the case.
Mid-Atlantic Sports Network, a broadcaster mostly controlled by the Baltimore Orioles, has bought itself an extra inning in its bid to undo an arbitration panel's decision that it owes about $80 million in telecast licensing revenue to the Washington Nationals.
In his first and only forays into whistleblower litigation, Wasinger helped the government win nearly $2 billion from Wall Street—including a $1.27 billion ruling against Bank of America that came at precisely the wrong time for the bank.
Shareholders have now inked deals worth $475.5 million with private equity firms accused of scheming to drive down the value of major leveraged buyout deals. But Carlyle Group and its lawyers at Latham have shown no signs of surrender ahead of a looming trial this fall.
Judge Jed Rakoff may have thought Citigroup's $285 million settlement with the SEC amounted to little more than a slap on the wrist. But at least the SEC recovered something from Citi, which is more than we can say for South Korea's Woori Bank and its lawyers at Hausfeld.
More than four years after Webvention LLC began peppering hundreds of companies with licensing demands for allegedly infringing its sole patent, the prolific and controversial nonpracticing entity may have finally reached the end of the line.
With help from Boies Schiller, the Explorers Club in New York won a highly unusual court order blocking the international liquor giant Diageo from selling a line of whiskeys called the Johnnie Walker Explorers' Club Collection.
The Second Circuit on Tuesday affirmed a big victory for Barclays and its lawyers at Boies, Schiller & Flexner in long-simmering litigation over the collapse of Lehman Brothers, ruling that Barclays is entitled to billions in disputed Lehman assets.
U.S. District Judge Jed Rakoff didn't give up without signaling that the Second Circuit made a terrible error in forcing him to approve the SEC's settlement with Citigroup over a doomed-to-fail investment.
After Halliburton lost its bid to upend the securities litigation landscape at the U.S. Supreme Court, AIG and its lawyers at Weil, Gotshal & Manges opted to cut their losses in an investor class action stemming from the financial crisis.
Likening the estate of Sir Arthur Conan Doyle to a shakedown artist, Judge Richard Posner of the U.S. Court of Appeals for the Seventh Circuit has once again ruled for a California lawyer who tussled with the estate over copyright licensing fees.
State-sponsored France Brevets and its lawyers at McKool Smith won a fight over their preferred U.S. battleground, persuading a judge to keep a patent infringement suit against HTC and LG Electronics in the plaintiffs-friendly Eastern District of Texas.
After nearly a decade of mass tort litigation in New Jersey, Roche's lawyers won a ruling on Monday that could help the company stamp out claims that it failed to warn the public about side effects associated with its acne treatment Accutane.
The $50 billion Yukos arbitration award got the big headlines this week. But a smaller Yukos award by the European Court of Human Rights could have even greater implications for Russia's future.
Allergan claims that hostile bidder Valeant colluded with activist investor Bill Ackman, enabling Ackman's hedge fund Pershing Square to trade on inside information.
For the first time, the U.S. Court of Appeals for the Second Circuit has announced a bright-line rule to determine which investors are entitled to arbitration with the Financial Industry Regulatory Authority.