0 results for 'Mayer Brown'
Plaintiffs lawyers at Scott + Scott who persuaded a judge not to dismiss claims against BNY Mellon say the decision could spell trouble for other mortgage-backed securities trustees. Even if it doesn't, the ruling is already giving Countrywide investors new ammunition to disrupt BofA's proposed $8.5 billion MBS settlement.
"They know darn well what's taking place," said Gibson Dunn's Theodore Olson, referring to the presence of infringing videos on YouTube. "This allows them to continue to make vast amounts of money off their enterprise, and that's wrong."
Four years after regulators began investigating alleged collusion by the banks controlling the CDS market, private antitrust litigation is finally starting to take shape.
Departures Leave D.C. Firm in Taxing Situation
An exodus of sorts is taking place at Miller & Chevalier, one that has the 100-lawyer Washington, D.C., firm taking a hard look at its future. Known primarily as a tax boutique, the firm has seen roughly 15 partners sprint away in the past 12 months, including a virtual meltdown of its international trade practice. "We still have a center of lawyers that you must have to build a law firm around," says managing partner Marianna Dyson. "But we know we're a David in a field of Goliaths."The class, which includes a huge swath of U.S. industry, accuses CSX, Union Pacific, and others of fixing prices for fuel surcharges. Treble damages could run into the billions of dollars.
The folks at Drug and Device Law are already calling a Minnesota federal district judge's ruling to dismiss with prejudice scores of product liability cases involving a Medtronic cardiac defibrillator system "an early entry for one of the top ten decisions of 2009." Judge Richard Kyle's ruling in the Sprint Fidelis consolidated cases is considered to be the first major decision to rely on the Supreme Court's 2008 ruling in Riegel v. Medronic, Inc., which found that suits against medical device makers are pre-empted by federal law.
Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
Will Generative AIs Transform Legal Services? Defensibility and Security Must Be a Focus
Brought to you by HaystackID
Download Now
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now