Sure, the Warhol Foundation beat back claims it rigged the authentication process for disputed works by the famous artist. But can it defeat its insurer's assertion that its defense costs aren't covered?

The ruling by Manhattan federal district court judge Alvin Hellerstein could help fan the fan the flames of securities litigation tied to U.S.-listed Chinese companies.

Lukey knew there was a chance that jurors would have a hard time identifying with multimillionaire crime novelist Patricia Cornwell in her highly-publicized case against her former financial advisors. But the gamble paid off to the tune of $51 million at trial, and Cornwell's recovery could be even greater when the judge closes the book on the case.

The billionaire Sam Wyly and his lawyers at Bickel & Brewer have long campaigned against a $143 million class settlement that Computer Associates International reached with its shareholders in 2003, in the wake of a massive accounting scandal. Their primary targets have been the plaintiffs lawyers that secured the deal, including the infamous Melvyn Weiss, formerly of the firm now known as Milberg. But Wyly's claims that the plaintiffs firms bungled the case keep missing their mark.