Implications Of Rimkus V. Cammarata

Law360, New York (May 5, 2010, 12:32 PM EDT) -- In January, Judge Shira Scheindlin provided substantive guidance to bench, bar and clients regarding legal holds, collections and sanctions in the Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities LLC case. On Feb. 18, 2010, the Hon. Lee H. Rosenthal of the Southern District of Texas issued an opinion of equal significance, in Rimkus Consulting Group Inc. v. Cammarata, that will also be cited often in cases this year and beyond.[1] It is also significant in light of Judge Rosenthal’s...
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