Laura J. Keller, Bloomberg Published 11:39 am, Friday, January 12, 2018 Photo: Bloomberg Photo By Daniel Tepper. A Wells Fargo branch in New York on Jan. 5, 2018. A Wells Fargo branch in New York on Jan. 5, 2018. Photo: Bloomberg Photo By Daniel Tepper. Wells Fargo’s earnings take yet another big litigation hit Wells Fargo …
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In a legal market that continues to ask firms to do more with less, there is a bright spot expected to bring about a possible business increase in 2018: litigation. As part of its 2018 Litigation Outlook, Massachusetts-based BTI Consulting has predicted that large companies will spend roughly $20.7 billion on litigation this year, compared …
Continue reading “2018 outlook: Litigation spending up, law firm rosters down”
Delaware courts have recently issued decisions that have fundamentally altered corporate governance litigation. In 2016, the Court of Chancery changed the landscape for resolution of class actions on the basis of “disclosure-only” settlements, i.e., settlements without any monetary payment to the class. In In re Trulia, Inc. Stockholder Litig.,1 the Court of Chancery refused to approve such …
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As the Queen’s Prison Law Clinic ramps up its mandate to take on more prisoners’ rights test-case litigation, the group already has a significant win under its belt. Staff lawyer Paul Quick says the litigation mandate is relatively new for the clinic — it’s been in the works over the last few years but “really …
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Saoirse Ronan to wear black — Golden Globes According to Ronan, however, it was listening to Oprah Winfrey’s powerful speech on the topic while accepting the Cecil B. DeMille award that really encompassed everything she and others in the entertainment industry were feeling. Another fire breaks out in Mumbai, this time in Session Court’s premises …
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Money worries could drive more than one in 10 married couples to split this year, according to new research. Some 22% of people have considered ending their relationships, a survey found, with family finances cited as the main reason for break-ups. Other top causes for tension include working long hours, domestic responsibilities, not spending enough …
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In 2012, the former owners of the Inn on the Square sued Lander University and its foundation for what the suit says was a “breach of oral contract” to purchase the hotel. Nearly six years later, the lawsuit still hasn’t been resolved. Crystal Rookard, who was recently hired as general counsel at Lander, told the …
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Imagine if you could have your opponent’s premises searched, his Gmail, Hotmail, and Yahoo accounts secretly monitored, his assets frozen, his passport seized, and even have him arrested and imprisoned – all before trial. The English Courts have developed powerful and innovative remedies such as these to assist victims of fraud. And while they may …
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4 January 2018 Litigation – art or science? Deadman: The computers are coming Posted by Chris Deadman, director of operations at Litigation Futures Associate Invicta Capital Funding If you live in my part of the world, the fireworks season starts on 1 October and concludes on 31 January. Since the New Year, my evenings have …
Thursday, January 4, 2018 The securities litigation and regulatory landscape in 2017 defies simple categorization. Plaintiffs filed 226 new federal class actions in the first half of 2017, more than double the average rate over the last 20 years,1 and an additional 99 federal class actions in the third quarter of 2017.2 In contrast, new SEC …
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