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There were precious few bright spots in the newly released Am Law 100 numbers. But speaking parochially, we're happy to report that what good news there was, came, in the main, from firms with strong litigation practices.
The same day Madoff liquidation trustee Irving Picard of Baker & Hostetler reached a $1 billion settlement with one of the Ponzi fraudster's biggest feeder funds, Manhattan federal district court judge Jed Rakoff eviscerated Picard's multibillion suits against HSBC and UniCredit SpA.
A state court judge in New York slammed plaintiffs lawyers for their conduct in a shareholder M&A class action and warned them not to bet on a big payday in the case.
Who really won the fight over rights to Televisa's hugely popular Latin American soap operas? That depends on whether you ask Televisa's lawyers from Bingham McCutchen or Univision's team from Keker Van Nest. �Ay caramba!
The deal, which comes before the agency that oversees Fannie and Freddie filed any suit against BofA, is the best indicator to date of the potential value of buyback claims against issuers of mortgage-backed securities. The bad news for investors? Analysts say BofA's $2.8 billion payout is a bargain for the bank.
For ten years, New York state court judges have been at the mercy of political gamesmanship by state legislators, according to an appellate ruling issued Tuesday. The appeals court gave the legislature 90 days to give judges the cost-of-living pay raises they've been waiting a decade for.
Comey Designates Several Key Deputies
ACTING U.S. Attorney for the Southern District James B. Comey continues to assemble his staff.State AI Legislation Is on the Move in 2024
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