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February 27, 2004 |

Newsbriefs

3 minute read
June 02, 2003 |

Mediation May Rev Up Plodding Enron Civil Litigation

Just more than a month after U.S. District Judge Melinda Harmon of Houston lifted a discovery stay in the massive Enron Corp. class-action litigation, Harmon and the New York federal judge presiding over Enron's bankruptcy ordered many of the parties to mediation.
5 minute read
Supreme Court Eliminates F-Cubed Securities Class Actions: Record Vivendi Jury Verdict Appears Doomed
Publication Date: 2010-06-24
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After a hostile reception by the Justices at oral arguments, plaintiffs lawyers doubted the high court would endorse U.S. securities claims by foreign investors who bought shares of foreign companies on foreign exchanges. They just prayed the damage would be limited. Those hopes were dashed by the Court's unanimous ruling Thursday. We've got analysis from the lawyers who argued both sides at the Court.

October 05, 2007 |

'Lack of Frankness' Faulted Over Loss of Discovery Materials

Saying that a "lack of frankness in discovery can have unintended and damaging consequences," a Manhattan federal magistrate judge has sanctioned plaintiffs for failure to preserve evidence in a consolidated securities fraud action against underwriters CIBC and Schroder. The judge said that the plaintiffs, who are purchasers of preferred stock or senior notes of the now-bankrupt WRT Energy Corporation, had an obligation to preserve certain documents that were in the possession of WRT's successor.
6 minute read
The Global Lawyer: Global Class Actions After Morrison
Publication Date: 2012-02-06
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The Global Lawyer last examined the broad impact of Morrison v. National Australia Bank in the U.S. federal courts, and the limited prospects for state law workarounds for world-spanning securities claims. Where else in the world might global securities class actions be filed? And could an international treaty someday govern them?

October 27, 2000 |

A Long-Term Strategy for Settlement

Last week, MicroStrategy Inc. settled a securities fraud class action for $113.7 million with a novel long-term payment plan. But the company's legal woes are far from over. An executive's discrimination complaint, filed around the same time the stock troubles surfaced, has so far cost the company $500,000 in attorney fees and has already led to litigation in three different courts.
6 minute read
June 18, 2001 |

American Bar Association Rates Bush Judge Picks

Six of President Bush's nominees for the federal appeals courts have received "qualified" or "well qualified" ratings from the American Bar Association's Standing Committee on the Federal Judiciary. These are the first ratings to come from the ABA committee since President Bush in March kicked the group out of its 48-year role pre-screening potential judicial nominees for the White House.
4 minute read
September 17, 2009 |

Men Behind Alleged Ecuador Bribery Videos Lawyer Up

Two San Francisco Bay Area lawyers best known for representing clients in performance-enhancing drug cases have been retained by individuals who secretly videotaped an alleged bribery scheme in Ecuador related to a mammoth environmental mass torts case against Chevron. A statement released by a plaintiffs group in the case states that Diego Borja and Wayne Hansen have retained Cristina Arguedas and Mary McNamara, respectively, as the fallout grows over recordings released by Chevron two weeks ago.
2 minute read
July 15, 2003 |

News Briefs

A roundup of legal news items.
5 minute read
April 26, 2013 |

Are We on the Cusp of Major Changes to E-Discovery Rules?

Amendments to the discovery provisions of the Federal Rules of Civil Procedure are being considered. The most significant — and controversial — of the proposals would narrow the scope of discovery under Rule 26; impose or reduce numerical limits on written discovery and depositions under Rules 30, 31, 33 and 36; and, in Rule 37, adopt a uniform set of guidelines concerning sanctions when a party fails to preserve discoverable information.
5 minute read

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