http://www.law360.com/ Latest articles for organization: Lehman Brothers Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135088 The Operating Engineers Pension Trust's board of trustees has launched a putative class action against JPMorgan Chase Bank NA for allegedly violating the Employment Retirement Income Security Act by taking undue risks with the collateral posted for a securities lending program that borrowed securities in the trust's retirement funds. http://www.law360.com/articles/135088 http://www.law360.com/articles/134868 Just one day before a hearing, a group of creditors threw their support behind a Lehman Brothers Holdings Inc. plan to restructure the loan terms on its faltering real estate portfolio. http://www.law360.com/articles/134868 http://www.law360.com/articles/134615 Following 13 years of failing to make a profit on its research and development activities, Iceland-based genetic research company deCode Genetics Inc. has filed for Chapter 11 protection with a plan to sell its assets to Saga Investments LLC. http://www.law360.com/articles/134615 http://www.law360.com/articles/134578 The bankruptcy estate of Lehman Brothers Holdings Inc. has sued Barclays Capital Inc., claiming the investment division of Barclays Bank PLC improperly reaped a $5 billion windfall in breach of their asset purchase contract when it hurriedly scooped up Lehman assets last fall. http://www.law360.com/articles/134578 http://www.law360.com/articles/134394 Complaining that the response deadlines are too draconian, U.S. Bank NA, Deutsche Bank National Trust Co., a consortium of energy investment funds and others have objected to sweeping document requests made by Lehman Brothers Holdings Inc. as it attempts to assemble a confirmable Chapter 11 exit plan. http://www.law360.com/articles/134394 http://www.law360.com/articles/134216 A bankruptcy judge has signed off on a Chapter 11 liquidation plan for real estate-related securities investment firm 2008 Asset Holding Corp. that allows the company to pay back only 1 percent to 2 percent of its $112 million in debt. http://www.law360.com/articles/134216 http://www.law360.com/articles/134062 The shakeup in the legal industry in the past year has left some prominent firms less beloved by corporate counsel, according to a new report. http://www.law360.com/articles/134062 http://www.law360.com/articles/134061 Lehman Brothers Holdings Inc. has asked a district court in Maryland to disqualify a law firm from representing defendant Mortgage and Equity Funding Corp. in a breach of contract lawsuit in which MEFC is accused of shirking its obligation to buy back mortgage loans Lehman found problematic. http://www.law360.com/articles/134061 http://www.law360.com/articles/133769 The Bear Stearns Cos. Inc. hedge fund case was the first criminal prosecution filed over the financial system's near total collapse in 2008, and was seen as a bellwether for future prosecutions. After losing in their first outing, the U.S. government will take a long look at its strategy moving forward, former prosecutors say. http://www.law360.com/articles/133769 http://www.law360.com/articles/133854 Lehman Brothers Inc. has returned more than $110 billion to customers of the failed bank over the past six months as part of “the largest and most complex stockbroker liquidation ever attempted,” according to the trustee supervising the distribution. http://www.law360.com/articles/133854 http://www.law360.com/articles/133636 A federal judge has dismissed a Dutch pension fund's suit accusing State Street Bank & Trust Co. of breaching a contract related to an investment the bank allegedly delegated to Lehman Brothers Holdings Inc., ruling that the claims belong in the Netherlands. http://www.law360.com/articles/133636 http://www.law360.com/articles/132831 Hong Kong is considering whether to allow class action litigation in the wake of losses Hong Kong minibond investors suffered from the collapse of Lehman Brothers Holdings Inc. http://www.law360.com/articles/132831 http://www.law360.com/articles/132798 A British appellate court has rejected PricewaterhouseCoopers' plan to speed up the unwinding of Lehman Brothers Holdings Inc.'s European branch and distribute the assets to creditors, upholding a decision by a lower court. http://www.law360.com/articles/132798 http://www.law360.com/articles/132212 A month after remanding eight others, a federal judge has sent two more suits in securities multidistrict litigation against Reserve Management Co. Inc. back to the New York state court where they were originally filed, saying Reserve failed to show a basis for federal jurisdiction in any of the suits. http://www.law360.com/articles/132212 http://www.law360.com/articles/131712 CIT Group Inc. has slid into Chapter 11 bankruptcy, an action that will likely cost U.S. taxpayers $2.3 billion and raises questions about the lender’s ability to continue to service a broad swath of the small business and middle-market sectors. http://www.law360.com/articles/131712 http://www.law360.com/articles/131404 The United Kingdom's highest court ruled Thursday that the remaining assets of failed structured investment vehicle Sigma Finance Corp. should be spread equally among its creditors, a decision that participants in the case say could have a dramatic effect on so-called waterfall clauses in other bankruptcy cases. http://www.law360.com/articles/131404 http://www.law360.com/articles/131365 The collapse of the nation’s housing market hasn’t done much good for Lehman Brothers Holdings Inc., which is asking a federal bankruptcy court to sign off on a bid to restructure the loan terms on its faltering real estate portfolio. http://www.law360.com/articles/131365 http://www.law360.com/articles/131322 Foley Hoag LLP has become the latest law firm to slash base salaries for associates, informing employees of the impending pay cuts as part of a strategic reform to improve attorney development. http://www.law360.com/articles/131322 http://www.law360.com/articles/130165 U.S. Treasury Secretary Timothy Geithner on Thursday defended a proposal to create a new wind-down authority for "too big to fail" companies, which critics in the U.S. House of Representatives said could stretch federal authority too far while changing too little about future bailouts. http://www.law360.com/articles/130165 http://www.law360.com/articles/130722 Breaking away from the pack, Reed Smith LLP has rolled out a new model that seeks to group lawyers by competency level rather than relying on the tenure-based approach of yore. http://www.law360.com/articles/130722