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June 17, 2016 |

Countrywide's Mozilo Off the Hook as US Declines to Sue

Thye Justice Department has decided not to pursue a civil suit against Countrywide Financial co-founder Angelo Mozilo, who became a poster child for suibprime mortgages after the housing crash.
10 minute read
May 12, 2016 |

This Week's Deals

A round-up of transactions involving Bay Area lawyers and companies.
32 minute read
May 11, 2016 |

Del. Supreme Court Affirms Dismissal of Zale Merger Case

In affirming the Chancery Court's unusual two-part dismissal of a shareholder challenge to the 2014 merger of Zale Corp. and Signet Jewelers, the Delaware Supreme Court last week sounded notes of caution, distancing itself from some of the lower court's findings.
13 minute read
April 17, 2016 |

Milbank, Latham, Davis Polk Advise on BATS, Big Casino IPOs

After a slow start to 2016, capital markets in the U.S. are finally warming up with a bevy of high-profile public listings for a pair of big casino companies, as well as an electronic exchange operator, all of whom are sending millions in legal fees to Am Law 100 coffers.
49 minute read
April 12, 2016 |

Two Big Firms Reap Benefits From Cybersecurity IPO

Five years after paying $612 million for cybersecurity company SecureWorks Corp., tech giant Dell Inc. is poised to pull off an IPO valuing the former at $1.4 billion. Hogan Lovells and Davis Polk & Wardwell also stand to benefit from 2016's first big tech listing.
14 minute read
March 17, 2016 |

'Gambits' or Just Good Lawyering? Class Action Cases in Supreme Court

Jeremy M. Creelan and Daniel H. Wolf write: Despite the pro-plaintiff result in 'Campbell-Ewald', there is an underlying logic to the decision that can be squared with the U.S. Supreme Court's recent class-action opinions raising the threshold requirements faced by plaintiffs. Taken together, Campbell-Ewald and these earlier decisions manifest a consistent goal of maintaining the class action device free from manipulation of the process by either side. Of course, the question remains as to which practices the court views as impermissible procedural "gambits."
12 minute read
February 25, 2016 | Insurance Coverage Law Center

Mistretta v. Mid-Century Ins. Co.

Click Here for FC&S Legal Expert Analysis Mistrettav.Mid-Century Ins. Co.2016 WL 634554Not Officially Published(Cal. Rules of Court, Rules 8.1105…
17 minute read
February 25, 2016 | Insurance Coverage Law Center

Gregory v. Mid-Century Ins. Co.

Click Here for FC&S Legal Expert AnalysisGregory v.Mid-century Ins. Co.2016 WL 634594Not Officially Published(Cal. Rules of Court, Rules 8.1105…
18 minute read
November 18, 2015 |

Supreme Court to Decide Citizenship of Trusts

Elliot E. Polebaum and Eugene N. Hansen write that the straightforward Navarro rule—that the citizenship of the trustee determines the citizenship of the trust for purposes of federal court diversity jurisdiction—no longer applies in at least three circuits. These courts have applied a later Supreme Court decision to hold that the citizenship of trust beneficiaries must be considered in determining the citizenship of a trust, a conflict the Supreme Court has decided to address.
11 minute read

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