Litigation Law

United States: Trends In FDIC Professional Liability Litigation* (Insights And Projections Based On The FDIC’s First 27 Suits) – Mondaq

The Federal Deposit Insurance Corporation (FDIC) filed 27 professional liability suits naming 222 directors and officers of 26 banks 2 that failed during the credit crisis 3 (“D&O” litigation) through March 2012. Some commentators have noted that these …

Sanford ends single-sex classes after ACLU threat – Associated Press

reports that Board Chairman Don Jamison said in a statement at Monday’s meeting that the committee believes the voluntary single-gender classes were beneficial but decided to end them over the threat of litigation. The statement said it was …

UPDATE 1-In landmark HK deal, Chinese firm to refund IPO cash – Reuters India

“It’s of considerable significance for the SFC as they’ve shown they can obtain shareholder relief in a reasonably effective way,” said Martin Rogers, head of litigation at Clifford Chance law firm in Hong Kong. Hontex International Holdings Co …

Ruling may slow tribe bid for casino – The Boston Globe

Exposing tribal projects to more litigation could cause years of delay, increase costs for developers, and potentially make it more difficult and expensive to get financ­ing for tribal casinos, ­specialists say. “What the decision could do …

BofA directors settle lawsuit over Merrill – judge – Reuters UK

(Reuters) – Bank of America Corp (BAC.N) directors have reached a definitive settlement of litigation by shareholders, who accused the bank of overpaying for Merrill Lynch & Co, a federal judge said on Wednesday. In a written order, U.S …

Strategies for MSOs to Manage the Impact of Patent Litigation – Communications Technology

MSOs have seen tremendous growth since their beginnings in the 1940s. During this time, the industry has developed new technology that extends beyond simply broadcasting television signals, from DVRs to high speed Internet to VoIP and VOD.

Supreme Court saves Big Pharma big money – Philadelphia Daily News

The reps worked for GSK’s predecessor, SmithKline Beecham, but GSK inherited the litigation. “The numbers would have been gigantic,” said University of Michigan business professor Erik Gordon, who keeps track of the pharmaceutical industry. “It saves …

D.C. Court Ruling Makes Life Tougher For Patent Trolls – Forbes

Congress addressed some of the most irritating habits of patent trolls — including firing shotgun litigation at multiple defendants and dragging them into inconvenient jurisdictions like East Texas — with the America Invents Act last year.

Australia: It’s time to cut costs in litigation – Mondaq

In a bold move by the Chief Justice of the Supreme Court, it is now no longer a right for parties involved in the equity division to burden their opponent with the discovery process. This is a positive step for … Continue reading

Yahoo, Facebook In Talks To Settle Patent Litigation – Forbes

Yahoo is in talks to settle its patent litigation with Facebook, Bloomberg reports, citing a court filing in the case. Yahoo’s lawyers asked U.S. District Judge Jeffrey S. White for a two-week extension on a filing deadline in the case … Continue reading