Top Stories

S&C Reloads in Battle over NYC Bank Regulations

By Scott Flaherty |

With Mayor de Blasio intent on enforcing the city's Responsible Banking Act, H. Rodgin Cohen and Robert Giuffra Jr. of Sullivan & Cromwell renewed their efforts to block the law on behalf of the New York Bankers Association.

Mark Werbner, left, with Commil co-owner Jonathan David outside the U.S. Supreme Court in March 2015.

Litigator of the Week: Mark Werbner of Sayles Werbner

By Scott Flaherty |

In his U.S. Supreme Court debut, Werbner prevailed over one of the high court's most seasoned veterans in a closely watched patent case against Cisco Systems Inc.

For-Profit Schools Lose Challenge to New Federal Aid Rules

By Scott Flaherty |

An industry group represented by Cooley failed to persuade a federal judge that new Department of Education regulations were devised "in a fit of anti-proprietary school zealotry."

U.S. Supreme Court

Another Patent Test for the Supreme Court?

By Scott Flaherty |

If Ultramercial's lawyers at McKool Smith get their way, the company's foiled patent case could offer the justices a chance to rein in the Federal Circuit.

U.S. Supreme Court building

High Court Won't Hear NVIDIA Securities Case

By Scott Flaherty |

Proving that an apparent circuit split isn't always a ticket to the U.S. Supreme Court, the justices on Tuesday declined to review whether a company's failure to abide by a certain securities regulation can give rise to fraud claims.

Second Circuit to Weigh Overtime Pay for Contract Lawyers

By Scott Flaherty |

The appeal, which asks whether some attorney duties are so mechanical that they don't amount to practicing law, could decide the fate of overtime cases facing Skadden and Quinn Emanuel.

Pfizer headquarters in New York City.

Pfizer Fights to Keep Lid on 10-Year-Old Class Action

By Scott Flaherty |

Lawyers hoping to resurrect a decade-old securities class action against Pfizer Inc. will make their case to the Second Circuit on Tuesday.

New York Attorney General Eric Schneiderman speaks at a March 2015 press conference.

Actavis Injunction Survives Second Circuit Appeal

By Scott Flaherty |

Arnold & Porter's Lisa Blatt didn't fare any better than White & Case in fending off New York's efforts to block a "forced switch" to a new version of Actavis' Alzheimer's drug, Namenda.

Benjamin Lawsky

So Long (For Now), Benjamin Lawsky

By Susan Beck |

After wresting billions from Wall Street, the departing New York regulator is steering clear of the big law firms that cater to the banking industry. But whether he remains in private practice or shoots for public office, it's a good bet we'll all be hearing from him again.

Teva Pharmaceutical Industries Ltd.'s headquarters in Jerusalem.

Kirkland Blasts 'Preposterous' Mylan Conflicts Claims Ahead of Hearing

By Scott Flaherty |

Kirkland & Ellis came out swinging this week against a lawsuit alleging that it ignored a conflict of interest by advising Teva Pharmaceutical Industries in an ongoing $42 billion bid for rival drugmaker Mylan N.V.

Neal Katyal

Litigator of the Week: Neal Katyal of Hogan Lovells

By Scott Flaherty |

Katyal turned a troubling defeat for Google and its industry allies into a major copyright victory at the U.S. Court of Appeals for the Ninth Circuit.

Citi Settles Private Forex Case for $394 Million

By Scott Flaherty |

Citi is the fourth bank to settle with private antitrust plaintiffs, bringing the collective settlements above $800 million.

Laster Takes Traditional Route in Activision Case

By Scott Flaherty |

Approving a record $275 million settlement in a derivative case, a Delaware judge opted not to allow some of the money to go directly to shareholders, as another court recently did.

Boies, Quinn Reap More Settlements in Foam Antitrust MDL

By Scott Flaherty |

Two months after the Supreme Court refused to undo certification of a "gargantuan" antitrust class action, a half-dozen foam manufacturers have agreed to pay big bucks to bow out of the price-fixing case.

Philips Can't Escape $467M Blood Monitor Patent Verdict

By Scott Flaherty |

A federal judge in Delaware turned away Philips' attack on its adversary's conduct before the PTO, setting the stage for a likely appeal.

Law Firms' Fight With Facebook Heads to Appeals Court

By David Bario |

After losing an early bid to escape the wrath of Facebook Inc., DLA Piper, Milberg and others are hoping they'll have better luck before a New York appeals court.

Supreme Court Tackles Class Action 'Pick-Off' Settlements

By Susan Beck |

Granting a cert petition lodged by Latham's Gregory Garre, the high court agreed to consider whether defendants can derail class actions before they're certified by offering the named plaintiff full individual relief.

John Quinn, Quinn Emanuel Urquhart & Sullivan

For IRS, Quinn Emanuel Hire Stirs Trouble in Congress and in Court

By Julie Triedman |

Amid its $20 billion triumph for the FHFA, Quinn Emanuel is facing scrutiny over the firm's latest litigation venture for the U.S. government.

A Lululemon Athletica store in Chicago, IL.

No Securities Fraud in Lululemon Missteps, Court Affirms

By Scott Flaherty |

The business press may never tire of reminding Lululemon Athletica about its see-through yoga pants debacle. But for the securities class action plaintiffs bar, Lululemon is proving to be an elusive target.

Milbank Scores for BMI in Pandora Licensing Row

By Scott Flaherty |

Fresh off a Second Circuit win against ASCAP, Pandora and its lawyers at King & Spalding ran into trouble in their parallel royalty dispute with Broadcast Music Inc.

Decade-Old Vioxx Investor Class Action Moves Forward

By Scott Flaherty |

The case, which dates back to 2004, has been pending for twice as long as Merck's blockbuster painkiller was offered for sale.

Philippe Selendy

Litigator of the Week: Philippe Selendy of Quinn Emanuel

By David Bario |

Even if Selendy had lost his landmark securities trial for the Federal Housing Finance Agency, it would be hard to call the FHFA's litigation campaign against Wall Street anything but a victory. But boy, did he ever win.

Acacia Stumbles on Prior Ruling in Wireless Patent Suits

By Scott Flaherty |

A federal magistrate judge in Texas ruled that Acacia subsidiary Adaptix can't escape a loss in parallel California patent litigation involving AT&T, Verizon and major handset makers.

Polo Association Notches Win in Trademark 30 Years' War

By Julie Triedman |

The Second Circuit on Wednesday added some clarity but no more finality to a seemingly endless dispute between the owner of the Ralph Lauren POLO trademark and the U.S. Polo Association, the sport's governing body.

Intellectual Ventures Clears Hurdle in Capital One Case

By Scott Flaherty |

Two weeks after JPMorgan Chase persuaded a federal judge that three Intellectual Ventures patents failed the test for patent eligibility under Section 101 of the Patent Act, IV has beaten back a parallel defense in its related infringement case against Capital One.

Nucor Race Bias Class Action Divides Fourth Circuit

By Scott Flaherty |

In a sign that the courts are still grappling with the impact of the U.S. Supreme Court's ruling in Wal-Mart v. Dukes, a bitterly divided federal appeals court on this week ordered the certification of a class of black steelworkers at Nucor Corp.

Goldman Loses $100M FINRA Ruling as CDO Headaches Rage On

By Scott Flaherty |

In yet another dispute alleging that Goldman Sachs marketed a CDO that it was wagering would fail, a FINRA panel sided with the bank's adversaries at Quinn Emanuel Urquhart & Sullivan.

With Help from Orrick, Anti-Nuke Nun Beats Sabotage Rap

By Scott Flaherty |

It sounds like the setup to a joke: an octogenarian nun and two Army vets break in to a nuclear facility. But the government wasn't amused, and to a group of pro bono lawyers at Orrick, Herrington & Sutcliffe, the case was too good to pass up.

Quinn Emanuel's Philippe Selendy

FHFA Trial Produces Big Loss for Banks, Big Win for Quinn Emanuel

By Scott Flaherty |

Sullivan & Cromwell and Simpson Thacher couldn't pull off a surprise win before U.S. District Judge Denise Cote.

Law Firms Must Face Facebook's Revenge Over Ceglia Case

By David Bario |

DLA Piper, Milberg and other firms will have to face claims of malicious prosecution and attorney deceit lodged by Facebook Inc., a New York state judge ruled Monday.

Judge's Mea Culpa Puts Microsoft Patent Case Back on Track

By Lisa Shuchman |

A Seattle federal judge backtracked from a decision tossing a patent infringement lawsuit against Microsoft Corp. after acknowledging she used the wrong standard to dismiss the wrong claim.

Chicago Suffers Setback in Painkiller Suit

By Scott Flaherty |

A Chicago federal judge on Friday dismissed most of the city's lawsuit, which alleges that several drug manufacturers concealed the true addiction risks of OxyContin and other opioid painkillers.

Dov Charney, the founder and former CEO of American Apparel.

American Apparel Founder Ratchets Up Litigation Over Ouster

By Scott Flaherty |

Jones Day's involvement in American Apparel's nasty spat with founder Dov Charney landed it back in the news this week, when Charney suggested that the firm carried out a hatchet job at the company's behest.

Aereo in action, before the bankruptcy.

Reduced to Scrap, Aereo Makes Peace With Broadcasters

By Lisa Shuchman |

Three years after Aereo Inc. first rattled the broadcast television industry with its online TV streaming service, the company's copyright battle with the nation’s major networks is finally over.

Litigators of the Week: Jeffrey Bucholtz and Kenneth Steinthal of King & Spalding

By Scott Flaherty |

As the music industry struggles to adapt to an endless stream of tunes online, Bucholtz and Steinthal reminded ASCAP and the major music publishers of the limits of their clout.

Setting New Standard, Fourth Circuit Says Fontainebleau Must Face Bias Suit

By Scott Flaherty |

A federal appeals court on Thursday dealt with a question most employers would prefer never to confront: whether a manager has created a hostile work environment by slinging two vicious racial slurs at an employee within a 24-hour period.

Marc E. Kasowitz

Kasowitz Revives ACA Lawsuit Over Goldman ABACUS CDO

By David Bario |

Being called a "sophisticated investor" may be less of a handicap for plaintiffs in New York after a ruling by the state's highest court Thursday in ACA v. Goldman Sachs.

King & Spalding Preserves Pandora Win in ASCAP Royalty Fight

By Scott Flaherty |

The Second Circuit ruled that ASCAP and music publishers can't bypass new media outlets like Pandora when licensing songs from the ASCAP catalog.

The American International Building, located in New York, NY.

AIG Dodges Employers' Class Action Over Workers' Comp Fraud

By Susan Beck |

Siding with Quinn Emanuel, a judge dismissed the last in a series of cases targeting AIG and its former CEO Maurice Greenberg for a decades-old fraud involving workers' compensation premiums.

Employers Tackle Bias Claims by Spotlighting EEOC Policy

By Scott Flaherty |

Facing allegations that they discriminated against black job applicants by using criminal background checks to vet potential hires, Dollar General and BMW both tried to shine a spotlight on the EEOC's own hiring policies, with differing results.

Judge OKs Allergan Counterclaims in $600M Botox Fight

By Scott Flaherty |

Allergan's counterattack in a contract battle gained steam Tuesday, when a judge refused to dismiss claims that patent holder Miotox misused its patents by trying squeeze Allergan for Botox royalties.

Teva Pharmaceutical Industries Ltd.'s headquarters in Jerusalem.

Kirkland Looks to Gibson Dunn in Mylan Conflicts Case

By Scott Flaherty |

The firm has tapped Kevin Rosen, the chair of Gibson Dunn's law firm defense group, to contest claims that it ignored a conflict of interest when it agreed to advise Teva in its hostile takeover bid for Mylan Inc.

High Court Rejects Lehman Petition in Barclays Brawl

By Scott Flaherty |

Cementing a victory for Barclays plc and its lawyers at Boies, Schiller & Flexner, the U.S. Supreme Court on Monday cleared the way for Barclays to keep some $4 billion in a long-running asset dispute stemming from the bank's frenzied 2008 buyout of Lehman Brothers' brokerage business.

Kay Jewelers is one of the brands of Sterling Jewelers, which had been accused of shortchanging women in pay and promotions.

EEOC Goes to Bat Over Duty to Investigate

By Scott Flaherty |

Less than a week after the U.S. Supreme Court ruled that judges can review the EEOC's efforts to resolve employment bias disputes before suing, a federal appeals court will weigh another aspect of the agency's pre-suit obligations.

Sweet Briar Closure Draws in White & Case

By Scott Flaherty |

A top bankruptcy and restructuring lawyer from Miami and Manhattan heads to horse country.

Aleynikov Trial Ends With Split Verdict

By David Bario |

The case began with Goldman Sachs' foray into high-frequency trading and was nearly derailed by a missing avocado.

A DuPont technician examines Kevlar brand fibers.

DuPont Finally Collects in Kevlar Secrets Case

By Scott Flaherty |

McGuireWoods' Brian Riopelle must have known it would be a major undertaking when he signed on to a trade secrets case against Kolon Industries. But he couldn't have foreseen the scope of what followed: A $920 million verdict, a reversal, a criminal prosecution, and now a guilty plea and a settlement worth more than a quarter-billion dollars for his client DuPont Co.

Mark Harris

Litigator of the Week: Mark Harris of Proskauer Rose

By Scott Flaherty |

Who says you need an IP specialist to win a major patent appeal?

JPMorgan Wins Ruling on Intellectual Ventures Patents

By Scott Flaherty |

Siding with defense lawyers at Durie Tangri, Dontzin Nagy and Kirkland & Ellis, a judge ruled that three Intellectual Ventures patents were too abstract to warrant protection under the Patent Act.

DISH Fends Off RICO Suit in Sprawling LightSquared Battle

By Susan Beck |

Sullivan & Cromwell's Bob Giuffra scored a win in the latest chapter of a litigation saga involving Charles Ergen of DISH Network and Philip Falcone of Harbinger Capital Partners.

Programmers and Traders and Dark Pools, Oh My

By David Bario |

The high-frequency trading exploits depicted in Michael Lewis' 2014 bestseller "Flash Boys" were keeping at least three Manhattan judges busy this week.

Section 101 Plea Falls Short in WhatsApp Patent Case

By Scott Flaherty |

The mobile messaging giant failed to persuade a judge to recommend rejecting a patent at the heart of an infringement lawsuit brought by cloud services company TriPlay Inc.

International Trade Commission headquarters in Washington.

Latham Scores for InterDigital in ITC Odyssey

By Scott Flaherty |

For eight years InterDigital Inc. and a succession of top IP counsel have pursued an ITC case against Nokia and Microsoft—and after detours to the Federal Circuit and the U.S. Supreme Court, the company has finally won a key ruling from an ITC judge.

Ralph Lauren Must Face Rolex Trademark Lawsuit

By David Bario |

Keeping Ralph Lauren and its lawyers at Greenberg Traurig on the defensive, a judge refused to toss claims that the PTO improperly allowed the company to seek trademark protection for watches bearing the mark "RLX."

Appeals Court Hands PTO a Win in Trademark Row

By Lisa Shuchman |

In a ruling that could handicap trademark applicants fighting to salvage their brands, the Fourth Circuit concluded that the government can recover legal fees from applicants that look to district courts to challenge adverse rulings by the Patent and Trademark Office.

In Replay of FHFA Appeal, Banks Urge Second Circuit To Topple FDIC Claims

By Scott Flaherty |

Can Sullivan & Cromwell's Bob Giuffra succeed where his predecessors failed?

Supremes Take a Pass on Dairy Class Action Appeal

By Scott Flaherty |

The justices rebuffed claims that a California judge ignored prior Supreme Court rulings when he certified an antitrust class of more than 100 million consumers alleging billions of dollars in damages.

Barclays Can't Escape 'Dark Pool' Securities Class Action

By Scott Flaherty |

Barclays' lawyers at Sullivan & Cromwell managed to trim but not defeat claims that the bank misled investors about safeguards in its Liquidity Cross dark pool.

AIG Agrees to Drop Trade Secrets Case for $72 Million

The deal comes three years after AIG accused billionaire Steven Udvar-Hazy of pilfering its aircraft leasing unit, and three months after Quinn Emanuel stepped into the case.

Barry Berke

Litigators of the Week: Barry Berke and Eric Tirschwell of Kramer Levin

By Scott Flaherty |

Most top white-collar litigators don't spend part of their careers battling the U.S. Mint over missing coins. But most coins aren't anything like the 1933 Double Eagle.

Gibson Dunn's Theodore Olson outside the U.S. Supreme Court in 2013.

The Global Lawyer: Will Chevron Lose in the Second Circuit?

By Michael D. Goldhaber |

Ted Olson didn't quite live up to his legend on Monday. The question is whether Chevron blew the case.

Citigroup Can't Dodge Lawsuit Over Soured CDO

By Scott Flaherty |

A financial crisis case that stumbled on South Korean law regained its footing on Wednesday, when a U.S. appeals court revived claims that Citigroup Inc. duped a Korean bank into investing in a complex investment product that went belly-up in the global recession.

The Global Lawyer: Back to the Future for Chevron in Ecuador

By Michael D. Goldhaber |

The Second Circuit suggests a do-over of the world's most messed-up case. Others mock the idea—but here's how it could be done.

Former Greenberg Traurig partner Leslie Corwin, now at Blank Rome.

Greenberg Traurig Faces Trial Over Alleged Client Forgery

By Scott Flaherty |

A judge in Manhattan reused to grant either side summary judgment in a lawsuit accusing Greenberg Traurig of helping a former client deceive his adversaries and the court.

InFuse sponge cage by Medtronic.

Mayer Brown Scores Two More Pre-Emption Wins for Medtronic

By Scott Flaherty |

Partner Andrew Tauber built on previous defense victories in litigation related to Medtronic's Infuse spinal fusion device, persuading the Tenth Circuit to rule Tuesday that a plaintiff's state law tort claims over Infuse are pre-empted.

Facebook CEO Mark Zuckerberg.

Law Firms Lash Out at Facebook Suit at New York Hearing

By Julie Triedman |

DLA Piper, Milberg and others told a state judge on Tuesday that they didn't violate the law by representing Paul Ceglia in his failed ownership lawsuit against Facebook.

JPMorgan Patent Foe Loses Appeal Over Word Limits

By Scott Flaherty |

A tenacious patent plaintiff overdid it in a Federal Circuit brief trying to overturn a win for JPMorgan and its lawyers at Skadden.

Zoloft.

Paul Weiss Scores for Pfizer in Zoloft Bellwether Trial

By Scott Flaherty |

Beth Wilkinson led a trial team that persuaded St. Louis jurors to clear Pfizer in the first trial of hundreds of pending cases linking Zoloft to birth defects.

Feds Trip on Constitution in Vegas Gambling Case

By Scott Flaherty |

Siding with a defense team that included appellate heavyweight Tom Goldstein, a Las Vegas judge ruled that law enforcement officials cut constitutional corners in their case against high-roller Paul Phua.

Court Blasts Ceglia Case on Eve of Law Firms' Hearing

By David Bario |

A day before DLA Piper, Milberg and others must appear in court to defend their decisions to take Paul Ceglia's contract case against Facebook, the Second Circuit underscored the implausibility of Ceglia's claims.

Kramer Levin's Berke Flips Verdict in $80M Gold Coin Caper

By Julie Triedman |

It took more than a decade, but Barry Berke finally claimed victory Friday in his battle with the U.S. government over the fate of 10 of the world's rarest coins.

Philly Ruling Gives Actavis Ammunition in Namenda Case

By Scott Flaherty |

Arnold & Porter's Lisa Blatt quickly pounced on a ruling by a Philadelphia federal judge that echoed her arguments earlier this week in a closely watched Second Circuit appeal related to Actavis' Alzheimer's drug Namenda.

Steven Donziger appears at a press conference last March in Quito, Ecuador.

The Global Lawyer: Chevron, Donziger and Human Rights 101

By Michael D. Goldhaber |

For the author of "Human Rights in a Nutshell," the lessons of Chevron are pretty simple.

Helgi Walker

Litigator of the Week: Helgi Walker of Gibson, Dunn & Crutcher

By Scott Flaherty |

Walker's Sixth Circuit win for Ford Motor Co. was a clear victory for employers that could wind up leaving workers better off as well.

Another Forex Milestone as BofA Settles Class Action

By Scott Flaherty |

Bank of America, represented by Shearman & Sterling, is the third bank to settle of the dozen targeted in antitrust litigation alleging widespread manipulation in the $5 trillion-per-day foreign exchange market.

Second Circuit Takes Up Sirius XM Copyright Appeal

By Scott Flaherty |

A federal appeals court moved a step closer on Wednesday toward resolving a critical issue in the never-ending music copyright wars, agreeing to consider whether the owners of pre-1972 sound recordings have performance rights to their songs.

Ninth Circuit Urged To Reject Class Action 'Shortcut' in Xbox Case

By Scott Flaherty |

Microsoft and its allies want the appeals court to reconsider a ruling for a group of Xbox purchasers, arguing that the decision gives class action plaintiffs an unfair opportunity to bring cases back from the dead.

Quinn Emanuel Wins Reversal, Revives Suit over $1.5B CDO

By Susan Beck |

In the latest case sparked by the alleged CDO shenanigans of hedge fund Magnetar Capital, the Second Circuit ruled that FGIC can pursue claims over a $1.5 billion CDO gone bad.

Abbott, Abbvie Face Renewed Depakote Marketing Class Action

By Scott Flaherty |

Finding the case was tossed prematurely, a federal appeals court on Monday breathed new life into a proposed class action accusing Abbott Laboratories of paying kickbacks to doctors and marketing the anti-seizure drug Depakote for unapproved uses.

No Reprieve for RJ Reynolds in Global Money Laundering Case

By Scott Flaherty |

Jones Day's Greg Katsas failed to persuade the full Second Circuit that it should reconsider a panel's decision forcing RJR to face racketeering claims by a coalition of EU countries.

Cleary Scores for Greece in Bondholder Dispute

By Scott Flaherty |

Greece's lawyers at Cleary Gottlieb Steen & Hamilton defeated a treaty arbitration brought by a Slovak bank seeking to avoid a steep haircut on $533 million in Greek bonds.

Schlumberger Unit Can Wield IP at Sea, Judge Rules

By Lisa Shuchman |

A Minnesota-based company can't thwart a rival’s patent lawsuit even though the alleged infringing technology was installed on ships on the high seas, a judge in Minneapolis ruled.

The federal courts building in Manhattan.

Second Circuit Panel Grapples with Actavis 'Forced Switch'

By Scott Flaherty |

Arnold & Porter's Lisa Blatt urged the appeals court to quickly lift an injunction requiring Actavis to keep selling an older version of its blockbuster Alzheimer's drug Namenda, saying a delay could put hundreds of millions of dollars at risk.

Court To Hear Arguments in Actavis 'Product Hopping' Appeal

By Scott Flaherty |

Arnold & Porter's Lisa Blatt will try to create important new precedent for the pharmaceutical industry—and save Actavtis' plan to extend patent protection for its blockbuster Alzheimer's drug Namenda.

Proctor & Gamble Denture Case Unglues Over Injury Links

By Scott Flaherty |

After chipping away for years at claims that Fixodent denture glue can cause neurological damage, P&G's lawyers at Weil, Gotshal & Manges put the last of the cases to rest this week.

Litigators of the Week: Paul Schmidt and Michael Imbroscio of Covington & Burling

By Scott Flaherty |

After 12 years of litigation, plaintiffs in the Accutane mass tort can no longer claim the upper hand.

Big Tobacco Wins Big Ruling Too Late

By Susan Beck |

After years of failed efforts, Big Tobacco finally won a decision undercutting the famous Engle ruling. The problem? The industry recently settled nearly every case that might have been affected.

Abbvie Scores Again in Humira Patent Fight

By Scott Flaherty |

Siding with Abbvie Inc. and its lawyers at Latham & Watkins, the Federal Circuit again rejected efforts by the Kennedy Trust for Rheumatology Research to extend a patent license for the blockbuster anti-inflammatory drug Humira.

Court To Weigh Greenberg Traurig Misconduct Claims

By Scott Flaherty |

Facebook's lawsuit against Paul Ceglia's lawyers isn't the only attorney misconduct case heating up these days—and it's not the only one based on allegations that big-firm lawyers looked the other way when a client doctored documents.

Wal-Mart Asks Third Circuit to Holster Gun Sales Proposal

By Scott Flaherty |

Gibson Dunn's Ted Boutrous and Delaware shareholder lawyer Joel Friedlander will square off Wednesday over an unusual proxy proposal challenging Wal-Mart's sales of high capacity guns and other potentially "offensive" products.

Acacia Feels Fallout From Schlumberger Ruling

By Scott Flaherty |

Former Schlumberger lawyer Charlotte Rutherford was supposed to help Acacia deploy its patent arsenal against the Texas oil industry. Schlumberger and its lawyers at Latham & Watkins had other ideas.

The Global Lawyer: Yukos' Billion-Dollar Crumbs

By Michael D. Goldhaber |

After last year's $50 billion arbitration win for the former masters of Yukos Oil Company, we know a defunct oil company can strike a gusher. But can its shareholders get their hands on the loot?

Latham's Gregory Garre

Sixth Circuit Tosses $657M Award Against United Technologies

By Scott Flaherty |

Latham & Watkins' Gregory Garre helped convince a federal appeals court to throw out the mega-award on Monday, reversing a government victory in a roller-coaster case against UTC over fighter jet contracts.

Capitol Records Fights to Break Even in MP3tunes Case

By Lisa Shuchman |

Capitol Records and its lawyers at Jenner & Block claimed the company spent more than $12 million in legal fees to win a copyright damages award of just $12 million against MP3tunes.

Viacom, Plaintiffs Stick Up for $7.2M Interns Deal

By Scott Flaherty |

After a judge questioned the fine print in Viacom's proposed $7.2 million settlement with former interns, lawyers at Davis Wright Tremaine and Virginia & Ambinder insisted the deal is fair.

U.S. Attorney Preet Bharara speaks at a press conference in early 2014.

No Respite for Gov't as Court Affirms Insider Trading Ruling

By Julie Triedman |

Stephen Fishbein of Shearman & Sterling and Mark Pomerantz of Paul Weiss won't have to reargue the successful appeals of Todd Newman and Anthony Chiasson at the Second Circuit.

Kirkland Scores for Cubs in Spat Over Wrigley Signs

By Susan Beck |

The owner of two rooftop businesses near the Chicago Cubs' stadium tried to halt the erection of a Jumbotron, claiming the sign would block views and devastate his business.

Litigator of the Week: Lynne Hermle of Orrick, Herrington & Sutcliffe

By Julie Triedman |

Ellen Pao's discrimination case against Kleiner Perkins riveted Silicon Valley and grabbed headlines nationwide. And so did Hermle's knockout defense win.

Barclays Can't Dodge Ex-Big Law Partner's Bond Scheme Suit

By David Bario |

In a setback for defense lawyers at Shearman & Sterling, Barclays plc this week joined an elite but unhappy club of major banks that have been unable to shake antitrust claims by a onetime partner at Pillsbury, Cadwalader and other firms.

Courting Whistleblowers, SEC Targets KBR Secrecy Pacts

By Scott Flaherty |

The U.S. Securities and Exchange Commission on Wednesday fined technology and engineering company KBR Inc. over confidentiality agreements that, the agency claims, could have silenced potential whistleblowers.