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March 03, 2023 | Texas Lawyer

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

Baker Botts has long been working for the court-appointed receiver seeking to unwind financial chaos created by R. Allen Stanford's Ponzi scheme. The firm's Kevin Sadler was preparing for trial in Houston federal court last week when the receiver reached a proposed deal with three remaining banks.
6 minute read
March 03, 2023 | Litigation Daily

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

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.
6 minute read
March 02, 2023 | New York Law Journal

Not So Fast: The Rights of Victims in Corporate Deferred Prosecutions

In this article, authors Elkan Abramowitz and Jonathan S. Sack discuss victims' rights in federal criminal law, and then the pair move to the facts in the Boeing prosecution and Judge Reed O'Connor's consideration of the victims' claims.
10 minute read
March 02, 2023 | New York Law Journal

Foreclosure Abuse Protection Act Requires New Approach

A discussion of what next steps lenders should take in response to the Foreclosure Abuse Prevention Act.
7 minute read
February 27, 2023 | Texas Lawyer

Stanford Ponzi: Receiver Reaches $1.6B in Settlements With Five Banks

Baker Botts partner Kevin Sadler said, "This is an extraordinary result for the victims of the Stanford fraud."
3 minute read
Law Journal Press | Digital Book Florida Community Association Litigation: Homeowners’ Associations and Condominiums 2019 Authors: Ron M. Campbell View this Book

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January 23, 2023 | Corporate Counsel

States' War on ESG Investing Could Hinge on Obscure KY Suit

"If you publicly announce your commitment to ESG principles, you should expect scrutiny and take steps now to stand behind this position," said Chris Carlson, an associate at Troutman Pepper.
6 minute read
January 13, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

First runners-up honors this week goes to a team at Williams & Connolly that got an appellate win for GlaxoSmithKline upholding a ruling knocking out multidistrict litigation.
4 minute read
January 03, 2023 | The American Lawyer

Mintz Recruits Milbank Partner to Build New Miami Office

James Ball is joining Mintz this week. While neither a specific timeline nor office location are set in stone, firm leaders hope to open the Miami office by this summer.
5 minute read
December 16, 2022 | Daily Business Review

Global Recession Risks Rise as Central Banks Raise Rates

Major central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation.
6 minute read
December 14, 2022 | Daily Business Review

Barclays Plans £500M Investment in Green Startups by 2027

Barclays said it is prioritizing supporting clients as they transition to a low carbon economy.
2 minute read

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