On July 20 a group of Spanish funds won a $2.6 million arbitration award that cost nearly $15 million in unawarded fees, and may well be vacated by a Swedish court. Good investment? Hell yes, from the viewpoint of the oligarchs who used to control Yukos Oil Company, and fronted the fees.

American Airlines and US Airways are pushing back hard against the U.S. Department of Justice, filing court papers blasting the government’s bid to block their pending $11 billion merger.

A jury trial kicks off on Monday in the U.S. Securities and Exchange Commission's fraud case against Fabrice Tourre, the only Goldman Sachs & Co. employee directly targeted by the agency in wake of the financial crisis. Here are four things to look for as the three-week trial unfolds.

The SEC dug up some Wachtell publications from 2005 and 2007 to argue in a new filing that Wachtell knowingly gave Bank of America bad advice about how it should disclose $5.8 billion in bonuses approved for Merrill Lynch employees. But do those documents really support the SEC?