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After Opting Out of $624 Million Class Settlement, BlackRock, CalPERS Bring Own Suit Against Countrywide and BofA
Publication Date: 2011-07-29
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A group of heavyweight plaintiffs--represented by Bernstein Litowitz Berger & Grossmann--has brought its own suit against Bank of America, Countrywide, and several executives, believing they can do better than the class settlement that's already been approved.

Teva's Very, Very Bad Bet: After Ignoring Offer to Settle Hepatitis Outbreak Case for $1.7 Million, It's Hit with Las Vegas Jury's $500 Million Punitive Damages Verdict
Publication Date: 2010-05-10
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Teva must be wishing it could do this one over. On Friday, Teva and Baxter were hit with the biggest punitive damages verdict in Nevada history, in the case of a man who claimed their sedative's improper packaging and labeling was to blame for his hepatitis C. Even worse: There are dozens more Nevada cases making the same claims.

July 31, 2008 |

Associates Survey 2008

Smaller firms often outscore larger ones on our annual survey of midlevel job satisfaction. It may be because a more intimate atmosphere breeds happiness. Maybe it's because associates have more responsibility. Perhaps it's because they have a better chance of making partner. In these charts, firms are grouped roughly according to size. In the first category are firms whose annual gross revenues are too low to qualify for the Am Law 200. These are the smallest firms that took part in our survey. In the second category are Am Law Second Hundred firms?numbers 101-200 on the most recent Am Law 200 survey (July.) In the final category are firms that appear on our most recent Am Law 100 (May) or Global 100 (October 2007) survey. For a full methodology, click here.
16 minute read
MBIA Insurance Company v. Countrywide Home Loans, 602825/08
Publication Date: 2011-07-01
Practice Area: Business Law
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Court: Appellate Division, First Department
Judge: Before: Angela M. Mazzarelli,J.P., David B. Saxe, Dianne T. Renwick, Leland G. DeGrasse, Roslyn H. Richter, JJ.
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For plaintiff: Goodwin Procter LLP, New York (Mark Holland, Christopher J. Garvey, Abigail K. Hemani, Ashley H. Gray, Paul F. Ware, Jr., and Sarah Heaton Concannon of counsel), for appellants-respondents.
For defendant: Quinn Emanuel Urquhart & Sullivan LLP, New York (Philippe Z. Selendy, Peter E. Calamari, Sanford I. Weisburst, Manisha M. Sheth and Eve S. Moskowitz of counsel), for respondent-appellant.
Case number: 602825/08

Cite as: MBIA Insurance Company v. Countrywide Home Loans, 602825/08, NYLJ 1202499059313, at *1 (App. Div. 1st, Decided June 30, 2011)Before: Angela M. Ma

N.Y. Appellate Court Sustains MBIA Fraud Claim Against Countrywide; Ruling May Revive Monolines' MBS Claims Against Credit Suisse
Publication Date: 2011-06-30
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It's been a tough week for MBIA, but the insurer and its lawyers at Quinn Emanuel caught a break Thursday in their case against Countrywide and BofA over billions in soured mortgage-backed securities. What's more, the ruling may revive similar fraud claims that MBIA and Ambac brought against Credit Suisse.

March 09, 2007 |

N.J. Mergers and Acquisitions

Mergers and acquisitions involving N.J. companies.
5 minute read
February 24, 2006 |

Shoring Up a Faltering Shearman

After a tough few years, Shearman & Sterling has a new leader charged with keeping the 133-year-old patrician firm in the top tier.
13 minute read
Ex-Weil Partner Faces Old Firm In Lehman Bankruptcy
Publication Date: 2008-10-22
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April 01, 2008 |

THE CORPORATE SCORECARD 2008

24 minute read
November 12, 2007 |

The 2007 NLJ 250

6 minute read

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