One of the largest and costliest matters backed by outside litigation funding — an ambitious $1.65 billion lawsuit brought by two American brothers — met its demise on Tuesday.
Plaintiff-side law firms will probably never be truly global—at least not the ones specializing in securities litigation. But that hasn't stopped Labaton Sucharow from having a more international focus.
A federal judge in Washington, D.C. on Monday awarded Lanny Davis's lobbying and crisis management firm nearly $160,000 for unpaid expenses incurred while working for the government of Equatorial Guinea.
In a victory for hedge funds holding debt of the Republic of Argentina, the U.S. Court of Appeals for the Second Circuit refused to narrow injunctions intended to pressure the South American country to repay the funds. The ruling brings NML Capital Ltd. and other hedge funds closer to collecting about $1.3 billion.
A battle over who gets to develop major Argentine shale gas and oil deposits is far from over, but this week lawyers for Repsol S.A. at Quinn Emanuel scored an important early win over Bridas Group and its counsel at Cahill Gordon.
Conrad & Scherer's Terry Collingsworth, who has long pursued cases against multinational companies, is playing defense in a defamation suit brought by the coal company Drummond.
The International Trade Commission on Friday ordered Samsung Electronics Co. Ltd to stop selling mobile devices that infringe Apple patents. The decision marks a major victory for Apple and its lawyers at Morrison & Foerster.
A judge in Washington approved another half-million dollars in attorney fees to Winston & Strawn for a year of work in a decades-long legal fight over interests in an Iranian dairy.
Russia's claims to the famed Stolichnaya vodka trademark in the U.S. were put on ice by a federal appellate ruling on Monday.