By Ross Todd | March 3, 2023
The deal, which included $1.2 billion from TD Bank, brings the total recoveries achieved by a Baker Botts team led by partner Kevin Sadler to more than $2.7 billion in litigation stemming from Allen Stanford's Ponzi scheme.
By Ross Todd | March 2, 2023
Steve Cirami, the head of the class action team at fintech company Broadridge, says last year's surge in activity was just "the tip of the iceberg" in terms of what to expect in cross-border, global settlements.
By Ross Todd | December 23, 2022
Last week, jurors in Manhattan federal court routed a significant sliver of billions in absconded funds back to BTA Bank thanks to the trial work of Matthew Schwartz, John Zach and Craig Wenner of Boies Schiller Flexner.
By Ross Todd | October 28, 2022
While 15 other banks paid plaintiffs a total of more than $2.3 billion to settle claims they conspired to manipulate the $5 trillion-per-day foreign exchange currency market, Herbert Washer, Edward Moss and Tammy Roy of Cahill Gordon & Reindel defended Credit Suisse at trial and won.
By Ross Todd | October 14, 2022
A trial team led by Michael Carlinsky and Manisha Sheth at Quinn Emanuel and Peter Tomlinson at Patterson Belknap landed the market-moving payout for monoline insurer Ambac in the case dating back to the mortgage meltdown.
By Ross Todd | October 3, 2022
"We're a firm where the leaders are in the trenches, as opposed to the leaders being in a corner office dictating policy," Giuffra said.
Litigation Daily | Best Practices
By Ross Todd | September 20, 2022
The co-chair of the commercial litigation group at Debevoise & Plimpton has a message for defendants facing a certified class: "Don't take counsel of despair."
By Ross Todd | September 16, 2022
In a case that had the financial services world abuzz, Hogan's Neal Katyal and Sean Marotta got a unanimous decision from the Second Circuit finding New York's "discharge for value" rule didn't allow the recipients of $500 million to keep the funds that Citibank mistakenly wired.
By Ross Todd | September 13, 2022
A new report out this morning from Burford Capital finds that companies that opt out of class actions most or all of the time are three times more likely to use legal finance than those that tend to remain in the class.
By Ross Todd | August 5, 2022
Hogan Lovells partner Cate Stetson and senior associate Katie Wellington secured a key appellate victory on behalf of IEX, the exchange featured in Michael Lewis's book "Flash Boys" for its efforts aimed at frustrating high-speed trading strategies.
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