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Inside Counsel

DOJ investigation reveals JPMorgan ignored red flags as early as 2006

The DOJs investigation, which led to its $13 billion dollar settlement with JPMorgan, was more than a year in the making.
6 minute read

International Edition

I swear that the current procedure for taking oaths in court needs reform

Do you object to swearing an oath on the Bible? Sorry, I hope that question didn't put you off your stride when settling down to read this article. It's the same question witnesses are asked when they're about to give evidence in criminal trials. The Magistrates Association recently rejected a proposal to abolish this practice. David Pannick QC, writing in The Times recently, took the view that the magistrates got it wrong. I'd have to say I agree.
5 minute read

Inside Counsel

Litigation: Preserving privilege over information shared in business negotiations

A line of cases hold that there is no waiver when a seller shares privileged information with a buyer concerning potential legal claims relating to the business.
9 minute read

Inside Counsel

Litigation: 6 defenses every inside counsel should know (Part 3)

Manufacturers have a duty to warn end users about the known hazards associated with use of their products. The learned intermediary rule provides an exception to this general duty.
5 minute read

Inside Counsel

Securities litigation: What is the fuss about fraud on the market?

The fraud on the market doctrine is the conceptual linchpin used by courts to allow most securities fraud claims to be brought as shareholder class actions.
9 minute read

International Edition

Freshfields appoints litigation partner to head up general industries group

Freshfields Bruckhaus Deringer has appointed New York-based partner Michael Lacovara co-head of its general industries sector group. Lacovara takes over from London dispute resolution partner Paul Lomas whose term has just ended. He will begin his four year term with immediate effect and will lead the group alongside Munich-based partner Barbara Keil.
2 minute read

Inside Counsel

JPMorgan Chase finalizes deal with DOJ

The deal will resolve federal and state civil claims that were the result of the packaging, marketing, sale and issuance of residential mortgage-backed securities (RMBS) by JPMorgan, Bear Stearns and Washington Mutual prior to Jan. 1, 2009, says the DOJ announcement.
6 minute read

Inside Counsel

Actress Ashley Greene sued over West Hollywood fire

You may be Team Edward or Team Jacob, but a West Hollywood doorman and three of his apartment residents are hoping that the courts arent Team Ashley.
2 minute read

Inside Counsel

Bitcoin hearing positive for the digital currency

The positive attitude towards bitcoin caused the currencys value to increase considerably, with the price per unit soaring as high as $700 on some exchanges.
3 minute read

Inside Counsel

Telephone Consumer Protection Act attracting more litigation

The TCPA was passed in 1991 to cut down on telemarketers. But its only in the past five years that the act has been used en masse as a major play for lawyers.
3 minute read

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