Don't get too excited: Most of the money in the settlement will go to holders of U.S.-traded American Depository Shares. But for investors who bought Satyam shares overseas, a 90 percent discounted recovery is still better than nothing.

The Delaware Chancery Court tossed shareholder claims against Attachmate and Elliott Associates over Attachmate's $2.2 billion acquisition of Novell in 2010, but the court ruled that Novell board members can't dodge claims that they acted in bad faith in favoring Attachmate's bid over others.

For the second time in less than a week, a Delaware Chancery Court judge had harsh words for a CEO seeking to sell his company in a multibillion-dollar deal, but stopped short of blocking the proposed sale.

The plaintiffs lawyers claim they deserve the award for scoring a record $1.26 billion judgment against Grupo Mexico in the Delaware shareholder derivative suit arising from Southern Peru Copper Corporation's $3.1 billion acquisition of Minera Mexico. But to win approval, the plaintiffs lawyers will need overcome objections from Grupo Mexico's lawyers at Milbank that such an award is an "impermissible windfall," as well as questions already voiced by Chancellor Leo Strine Jr. about their work on the case.

Cordray's aggressive pursuit of AIG and other financial titans earned him Litigator of the Week honors last year and prompted securities plaintiffs lawyers to fuel his past campaigns. That background could be a liability as Cordray fights to be confirmed as director of the new Consumer Financial Protection Bureau.

Indian software services provider Satyam has asked a court to substitute Jones Day for Wachtell to defend it from shareholder lawsuits in the U.S.

Robbins Geller had almost twice as many settlements as Bernstein Litowitz, but Bernstein's cases were a lot bigger.

It didn't take long for News Corp. and its independent directors to round up some of the top white-collar, internal investigations, and Foreign Corrupt Practices Act lawyers in the country.