The smiling red skull glowing from the computer monitor is a rather rude indication that your computer or information system has been attacked. Upon further investigation, you learn that a significant amount of personal, company and other protected data have been hacked. Can these actions result in a lawsuit that survives a motion to dismiss? …
Author Archives: spainops
HSBC, UBS settle US rate-rigging litigation; 10 banks’ total payout tops $408 million – Reuters
NEW YORK (Reuters) – HSBC Holdings Plc (HSBA.L) and UBS Group AG (UBSG.S) have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate benchmark used in the $483 trillion derivatives market. The preliminary settlements were disclosed in filings on Tuesday in the U.S. District Court in …
Go With Professional Lawyers To Take Care Of Business Litigation Issues
Are you a business owner or involved in any business affairs? If you are nodding your head for yes, issues that arise every now and then may lead to business litigation. Most of them are related to financial, property and contract problems. This type of litigation involves business legal matters that could be taken to …
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Firms Offer Litigation Insurance So Clients Can Hedge Bets in Court – Bloomberg Big Law Business
Stephen Rathkopf was entering the twilight of his career as a partner at Herrick Feinstein, and looking to resolve one of his biggest cases: Years earlier, he’d secured a $300 million trial judgment for a client, of which his firm was entitled to 10 percent for its fees. But with the case tied up in …
Discovery: The Trenches Of Litigation
One of my colleagues told me early on in my career that litigation is often won or lost in discovery. It took me months of working to understand what he meant; to me as a young attorney litigation was won or lost on a motion to dismiss, a motion for summary judgment, or at trial, …
Banco Popular investors hire attorneys to explore litigation options – Financial Times
A group of investors burnt in the failure of Banco Popular have hired international law firm Quinn Emanuel to explore litigation options. The bondholder group, which includes Pimco, Anchorage, Algebris and Ronit Capital, make up a “material percentage” of holders of the bank’s junior bonds. Santander acquired Banco Popular for the symbolic sum of €1 …
The Litigation Storm Around President Trump
Liberal activists are thrilled to be suing President Donald Trump. “The reason you’re seeing a proliferation of lawsuits against President Trump is that he brought his lifelong contempt for the rule of law with him to the Oval Office,” says Norman Eisen, the chief White House ethics lawyer for President Barack Obama. Eisen now heads …
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Litigation not affecting Oxford EMS operations, suspended employees say – Anniston Star
Whenever cars crash in Oxford and someone calls 911, fire Chief Gary Sparks said recently, the dispatcher on the other end of the line typically asks two questions. “Is anyone hurt?” An answer yes triggers an Oxford Emergency Medical Services ambulance, Sparks said. An affirmative to the second question — “Is anyone trapped in the …
Lilly Settles Patent Litigation on Cialis with Generic Firms – Nasdaq
Eli Lilly & CompanyLLY announced that it has entered into an agreement with generic companies to settle a patent related to its erectile dysfunction drug Cialis (tadalafil). The patent related to the unit dose of the drug is pending in the U.S. District Court for the Eastern District of Virginia. The unit dose patent for …
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Coping with the cost of divorce and how equity release can help the financial burden of splitting up
WHEN a marriage breaks down, it’s not only your heart that suffers but also your wallet. Divorce and separation are painful – and expensive – for both parties. These days, more and more couples are using property wealth to ease the financial struggles of a break-up. This allows so-called “silver splitters” to stay in their …