The bank isn't liable to noteholders under Ohio's plaintiffs-friendly state securities law. But Judge James Graham's ruling may turn out to be more significant for what it says about the application of blue sky laws than for the protection it offers Credit Suisse in the National Century fiasco.

Is K-V yet another disappointed ARS plaintiff? Terms of the settlement are confidential, but the timing suggests surrender by K-V.

To discuss The Donald's failed defamation suit against The New York Times editor Timothy O'Brien and publisher Hachette Book Group, we called up Joel Kurtzberg of Cahill Gordon & Reindel on Thursday. Kurtzberg has not been an uninterested observer: He earlier argued on behalf of media companies before a New Jersey appellate court in this case.

A second federal judge has given a preliminary green light to the Federal Housing Finance Agency's massive litigation campaign against the banks at the center of the financial crisis.

Starwood's complaint promises such a thrilling tale of corporate espionage that we almost hate to see the case moving so fast. But Friday, Starwood obtained a broad injunction ordering Hilton to return allegedly purloined materials--and to cease development of a new upscale hotel brand.

Quinn Emanuel Urquhart & Sullivan breached one more line of defense this week in the Federal Housing Finance Agency's campaign against the banks at the heart of the subprime crisis.

When New Jersey superior court judge Michele Fox dismissed The Donald's libel suit against the author who dared to say he's not actually a billionaire, she ruled from the bench, without issuing a written opinion. But never fear: The Lit Daily has gotten hold of a transcript of her ruling. And let's just say Trump was thoroughly thumped.