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SEC Suits Against Fannie Mae, Freddie Mac Execs May Turn on Subprime Loan Definition
Publication Date: 2011-12-16
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The SEC capped its investigation into Fannie Mae and Freddie Mac by charging six former executives with failing to disclose their companies' exposure in high-risk mortgages. The defendants have fired back, with one arguing that there's no standard definition for subprime loans.

AIG Throws One-Two Punch in Bank of America MBS Litigation with $10.5 Billion Suit and New Challenge to $8.5 Billion Bondholder Settlement
Publication Date: 2011-08-08
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We've all been waiting for the other shoe to drop since word leaked in April that AIG was getting ready to sue the banks that sold it $40 billion in toxic mortgage bonds. On Monday AIG's lawyers at Quinn Emanuel slammed it down--and hard. The bank's new litigation woes, coupled with the U.S. credit downgrade, may have conspired to knock 20 percent off BofA's stock price on Monday.

Former Intuit Lawyer Plays Offense Against NPEs
Publication Date: 2013-09-21
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Kevin Jakel left Intuit to found Unified Patents, with the aim of fighting cases brought by non-practicing entities. On Thursday, Unified asked the PTO to review a patent held by Clouding IP, which covers techniques used by most cloud storage companies.

May 25, 2000 |

China's IP Law Revisited to Prepare for WTO Entry

A condition of China's membership in the World Trade Organization is compliance with the minimum requirements of the Trade-Related Aspects of Intellectual Property (TRIPS) Agreement. But Chinese intellectual property laws have used a much more restrictive definition of trademarks than the broader one used in TRIPS. These laws must be amended and modernized if China is to enter the WTO.
11 minute read
December 27, 2010 |

Beer Truck Collision Yields $825K For Plaintiff

Nance Hutter v. DiChello Distributors, Inc. and William Inglis: While she was stopped behind a driver making a turn on a residential Darien street, Nance Hutter's Land Rover was hit from behind by a loaded beer truck. The truck from DiChello Distributors in Orange was being driven by William Inglis, and was carrying a load of more than seven tons of beer.
5 minute read
November 02, 2010 |

After 30 Years, Lawyer Moves His Practice From a Barn to BigLaw

Buchanan Ingersoll & Rooney has added to its white-collar defense practice through the addition of a 40-year veteran with experience representing the likes of John E. du Pont and former congressman Edward M. Mezvinsky.
5 minute read
April 01, 2010 |

Columns

31 minute read
April 09, 2013 |

State Supreme Court Issues Final Report on Juvenile Justice System

The state Supreme Court has issued its final progress report on the implementation of changes recommended by the Interbranch Commission on Juvenile Justice, which was convened in response to the Luzerne County "kids-for-cash" scandal.
4 minute read
January 01, 2007 |

After Hours

Extracurricular Activities.
2 minute read
May 12, 2009 |

Wyeth v. Levine: What's in It for Young Lawyers?

The U.S. Supreme Court decided Wyeth v. Levine March 4, which rejected the federal pre-emption defense to failure to warn claims against pharmaceutical manufacturers.
6 minute read

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