The Litigation Daily
Simpson Thacher Wins Appeal in Thriller-Worthy Contract Feud
May 15, 2013 :: Appellate / Contracts
Plenty of big cases are filled with details that only a lawyer could love. But the case that Simpson Thacher's Barry Ostrager took on for a member of the Jordanian royal family—a twisting tale involving Iraqi oil, a Florida billionaire, and a former CIA agent—feels drawn from the pages of a spy novel.
Weil Wipes Out Alcatel E-Commerce Patent for Newegg, Overstock.com
May 15, 2013 :: Appellate / IP
French telecommunications giant Alcatel-Lucent and its lawyers at WilmerHale failed to convince the Federal Circuit to reverse a Texas jury's decision to toss patent infringement claims against online retailers Overstock.com Inc. and Newegg Inc.
A Trio of RMBS Rulings, with Kasowitz at the Center
May 15, 2013 :: Contracts / Law Firms / Securities
It's no secret that Marc Kasowitz has been busy battling banks connected to the mortgage-backed securities meltdown. That was made even more clear on Tuesday, when in the span of less than 24 hours judges issued three big rulings in financial crisis cases and we spotted Kasowitz's name on every one.
The Global Lawyer: Kiobel's Continental Cousins
May 15, 2013 :: The Global Lawyer
The Supreme Court's ruling in Kiobel has everyone thinking about civil alternatives to alien tort. But can criminal law hold corporations accountable for war crimes? Human rights advocates in Europe think it can.
Herrick, Weil Knock Out Investor's Suit Against DataTreasury
May 14, 2013 :: Contracts / IP
DataTreasury's patents have netted the company more than $350 million in licensing fees from banks. So you'd better believe the controversial non-practicing entity was relieved when its lawyers defeated a lawsuit brought by a jilted investor claiming an ownership stake in the company and 100 percent of its winnings.
S&C's Klapper Scores for Goldman in ABACUS CDO Suit
May 14, 2013 :: Appellate / Other / Securities
A divided appeals court in New York tossed claims that Goldman Sachs duped ACA Financial Guaranty into providing insurance for Goldman's notorious ABACUS 2007-ACI CDO, ruling that ACA could have ferreted out the facts about ABACUS on its own.
K&L Gates, Fish & Richardson Face Sanctions Bid in HP Patent Row
May 14, 2013 :: IP / Law Firms
A patent licensing company and its lawyers at Robbins Geller moved for sanctions Monday against Hewlett-Packard and two of its outside law firms, arguing that they improperly made payments to a potential key fact witness.
Boies, S&C, Dechert Knock Out Barclays Investors' Suit over LIBOR
May 13, 2013 :: Securities
Two months after a judge gutted sprawling antitrust litigation over alleged manipulation of global benchmark interest rates, shareholders have struck out in a related securities class action against Barclays plc.
Quinn Emanuel Extends Streak with Barnes & Noble Win
May 13, 2013 :: Appellate / IP
Lieff Cabraser Heimann & Bernstein's first-ever patent case reached a likely dead end on Monday, when an appeals court ruled that Barnes & Noble Inc.'s Nook e-reader doesn't infringe patents owned by Deep9 Corporation. The ruling keeps up a recent hot streak for Quinn Emanuel Urquhart & Sullivan, which represented Barnes & Noble.
