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FHFA, UBS Finalize $885M Deal over Soured Mortgage Bonds
Publication Date: 2013-07-26
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UBS AG will pay the Federal Housing Finance Agency a hefty $885 million for allegedly conning Fannie Mae and Freddie Mac into buying more than $5 billion in dubious residential mortgage-backed securities.

American, Travelport Make Peace in Airline Booking War
Publication Date: 2013-03-13
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The companies reached a deal Wednesday to end two-plus years of hostilities that kept lawyers busy at more than a half-dozen firms.

In re Lehman Brothers Holdings Inc., et al., 08-13555 (JMP)
Publication Date: 2010-11-22
Practice Area: Bankruptcy
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Court: U.S. Bankruptcy Court, Southern District
Judge: Bankruptcy Judge James M. Peck
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For plaintiff: Attorneys for Bank of America, N.A.: William J.F. Roll, III, Esq., Daniel H.R. Laguardia, Esq., Kristen M. Fitzmaurice, Esq., Shearman & Sterling LLP, New York, NY
For defendant: Attorneys for Lehman Brothers Holdings Inc., Lehman Brothers Special Financing Inc.: Richard A. Rothman, Esq., Kevin F. Meade, Esq., Weil, Gotshal & Manges LLP, New York, NY Attorneys for Lehman Brothers Holdings Inc., Lehman Brothers Special Financing Inc.: Peter D. Isakoff, Esq., Weil, Gotshal & Manges LLP, Washington, DC Attorneys for Official Committee of Unsecured Creditors: James C. Tecce, Esq., Eric Kay, Esq., Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY
Case number: 08-13555 (JMP)

Cite as: In re Lehman Brothers Holdings Inc., et al., 08-13555 (JMP), NYLJ 1202475147459, at *1 (SDNY, Decided November 16, 2010)Bankruptcy Judge James M. Peck

Judge Upholds Direct Purchaser Claims in Egg Price-Fixing MDL; Two Defendants Fly the Coop
Publication Date: 2011-09-27
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A federal judge in Philadelphia allowed class antitrust claims against some of the country's top egg producers to move forward, though she granted motions to dismiss by one producer and an industry trade group.

Lawyers Wrap Up Apple-Samsung Showdown with Odes to Innovation
Publication Date: 2012-08-21
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Samsung, a Korean company, told a San Jose jury Tuesday that Cupertino-based Apple is threatening to ruin the culture of Silicon Valley, as Apple tried to hammer home its copycat claims.

Translation Tech Trial Winds Down with Bruising Cross-Exam
Publication Date: 2013-07-10
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If Latham & Watkins ekes out a win for its client in a hard-fought patent case over language translation technology, lead lawyer Douglas Lumish may have his opponent's expert to thank.

April 23, 2007 |

Chart: Diversity Scorecard 2007

31 minute read
Eighteen Banks File New York State Court Suit Against MBIA, Making Now Familiar Claims That Its Restructuring Was Fraudulent Asset-Strip
Publication Date: 2009-05-14
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If we keep going at this rate, there soon won't be a prominent securities litigator in New York who's not involved in a suit challenging the bond insurer's restructuring. The banks' suit--the third in as many months against MBIA--is led by Sullivan & Cromwell, but S&C is not alone on the complaint. Not by a long shot.

December 16, 2009 |

Judge Says Government 'Distorted the Truth-Finding Process' in Broadcom Case

U.S. District Court Judge Cormac Carney, who dismissed the entire criminal stock options backdating case against two former Broadcom Corp. executives Tuesday, concluded that the government's handling of the case "distorted the truth-finding process" and made a "mockery" of the defendants' due process rights. "For these constitutional rights to have true meaning, the government must not do anything to intimidate and improperly influence witnesses," Carney said. "Sadly, they did so in this case."
6 minute read
New York Appellate Court Rejects Hedge Fund Suit Against Porsche over VW Bid
Publication Date: 2012-12-27
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A New York state appellate court has clamped down on an attempt by a group of hedge funds to get around the U.S. Supreme Court's Morrison decision. Reversing a lower court ruling, the appellate panel found that the hedge funds were barred from suing Porsche AG because neither the defendant nor most of the plaintiffs are New York state residents. The litigation was sparked by Porsche's 2008 announcement that it had amassed close to a 75 percent stake in Volkswagen, which was a disaster for hedge funds that had shorted VW's stock or made swap deals based on its share price.

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