A federal judge’s decision ordering the U.S. government to pay a California savings association $909 million for breach of contract–the first decision in a parade of 120 related suits–may not be the death knell for the federal budget surplus that it may initially have seemed.

After all, if the verdict were an unalloyed victory for the plaintiff and similar litigants, would the price of their stock have fallen in the next day’s trading?

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]