The courts have largely ground to a halt for the holidays, though there’s still time for few more decisions in 2012 that could ensure a happy or gloomy New Year for the litigators involved. In the meantime, here are some of the biggest rulings we’re looking forward to in 2013:
• Fannie Mae and Freddie Mac’s conservator, the Federal Housing Finance Agency, is seeking a whopping $190 billion in damages from 18 leading banks at the heart of the financial crisis. But first the FHFA and its lawyers at Quinn Emanuel Urquhart & Sullivan and Kasowitz, Benson, Torres & Friedman have to get past the banks’ defense that the FHFA waited too long to sue.
