Banking Archive » September, 2008

Banking - September, 2008

183 articles

• Court Won't Let Hexion Out Of $6.5B Huntsman Deal
• Adviser Settles With SEC Over Defrauding His Family
• Some EPC Claims Sustained In Keep The Change Suit
• Small Business Lender Falls Into Bankruptcy
• When One Party To A Swap Agreement Goes Bankrupt
• Lehman Creditors Ask Court To Reconsider DIP Loan
• Curbing Executive Pay: The Latest In A Long History
• Antitrust Suit V. Chase Paymentech To Go Forward
• San Diego Says Firms Rigged Muni Derivatives Bids
• Antitrust Concerns A Non-Issue Amid Meltdown
• EC To Review Nationalization Of Lender: Report
• Crowell & Moring Snatches Six Lawyers From Pillsbury
• WaMu's Chapter 11 One For The Record Books
• Judge Asks Credit Suisse Broker To Return $2M
• SEC Ends Voluntary Investment Bank Regulation
• SEC, Grand Jury Probe Mortgage Giants' Fall
• Citigroup Adds Wachovia In FDIC-Brokered Deal
• US House Rejects Bailout Plan
• Class Certified In Securities Suit Against Credit Suisse
• Bailout Could Accelerate Bankruptcies: Experts
• The Trust Deficit
• Court Tosses Age Bias Suits Against PwC
• Overtime Rate Still In Dispute In SunTrust FLSA Suit
• Former ISE Exec Pleads Guilty To Insider Trading
• Treasury Panel Looks At Audits, Ignores Lawsuits
• Legal Scholars Question Sweeping Bailout Powers
• Class Action Launched Against H&R Block Over ARS
• Feds Seize WaMu As Bailout Talks Crumble
• SEC Probes Hedge Funds For Short-Selling Abuses
• SEC Nails Hedge Fund Head For Massive Fraud
• Goldman, JPMorgan, Citi Face Freddie Stock Suit
• Bear Stearns Absolved Of Liability In Baron Fraud Suit
• Criminal Charges In Doubt Despite FBI Probe
• 6 Steps To Better Market Regulation
• Troubled Cos.' Pension Plans $400M Short: PBGC
• Judge Kicks JPMorgan Suit By 'Professional Plaintiff'
• Senate Leaders Question Terms Of Bailout
• Cox Says Regulate Swaps; Dodd Blasts Bailout Plan
• Japanese Firm Snaps Up 2 Lehman Units
• Overtime Action Against UBS Moves Forward
• Govt. Bailout Golden Egg For Some Firms
• The SEC Attacks Short Selling
• Mortgages Ltd. Investors Ask To Form Committee
• 'Superbanks' Unlikely To Draw Antitrust Ire: Experts
• Securities Broker Defrauded Seniors Of $2.7M: SEC
• AmSouth To Pay $11.4M For Shorting Shareholders
• The Outlook For US Financial Regulation
• Democrats Push For Changes To $700B Bailout Plan
• Judge Pools Drugstore Antitrust Cases Against AmEx
• Davis Polk Hires SEC Commissioner
• FDIC Gets Age Discrimination Case Tossed
• Hedge Fund Challenges Lehman-Barclays Deal
• Energy Publisher Lodges 2 Copyright Suits
• Bankruptcy Implications For Swap Counterparties
• Insurer Nixes Ex-Refco VP's Demand For Extra $7.6M
• Regulators Likely To Take 2nd Look At Hedge Funds
• Ameriprise Sues For Lehman Money Market Losses
• Judge Allows Lehman To Sell Assets To Barclays
• Short-Sale Ban Fans Market, Irks Hedge Funds
• Oregon Court Mulls $43.5M Merrill FLSA Deal
• WaMu Hit With Patent Suit Over Check-Imaging
• Merrill Employee Can't Lure NatCity Clients: Judge
• Quality Home Loan Creditor Files Ch. 11 Plan
• Missing Lake Shore Principal Slapped With Injunction
• Judge Refuses To Break Up BofA Discrimination Suit
• House Passes Bill To Toughen CFTC Powers
• UK To Bend Competition Law For Lloyds-HBOS Deal
• Speculation Surrounds Morgan Stanley, WaMu
• Lehman Case Could Be Less Complex Than Expected
• Shareholders Unlikely To Get Hands In Execs' Wallets
• Comerica Agrees To Buy Back $1.46B In ARS
• Harris, DataTreasury Settle Check-Imaging Suit
• Defunct Hedge Fund Loses CFTC Registration
• Provisions Of The Bankruptcy Code And SIPA
• ARS Market Needs More Rules: Regulators
• Prudential Broker Admits Market-Timing Scam
• Bayou Reaches Settlements In 32 Adversary Cases
• SEC Takes Action To Rein In Naked Short-Selling
• AIG Hit With ERISA Suit Over Plummeting Share Price
• Creditors Committee Named In Lehman Bankruptcy
• Institutional Investor's Suit Against UBS Proceeds
• Former Enron Investigator Joins Kirkland & Ellis
• Experts Divided On Benefits Of AIG Bailout
• Imax Corp., PwC Canada Lose Motions To Dismiss
• Credit Suisse To Buy Back $550M In ARS Deal
• $2.2M Deal Pitched In ERISA Suit V. BoNY, Callan
• Class Certified In Lawsuit Against Goldman Sachs
• Lehman's Asian Posts Feel Heat From Ch. 11 Filing
• Shareholders Balk At BofA's Buyout Of Merrill
• Judge Tosses Shareholder Action Against Optionable
• Delta Financial Files Ch. 11 Reorganization Plan
• Barclays To Step Up To Lehman Plate
• Parachutes Not So Golden For Fannie, Freddie CEOs
• Rampant Speculation, Few Facts In Lehman's Wake
• Lehman Must Act Quickly: Bankruptcy Experts
• Tolling Doctrine Protects Individual Suits: 10th Circ.
• Lehman Shareholders Face Long Line Of Creditors
• Fidelity Offers To Buy Back $300M In ARS Deal
• 7 Settle In UBS, Morgan Stanley Insider Trading Case
• Pa. Schools Hit JPMorgan With Swaption Suit
• SEC Settles Suit Over Ohio Workers' Comp
• Merrill Deal Creates Huge Gains, Some Risks For BofA
• Wall Street Braces For Layoffs, Employment Litigation
• Wall Street Upheaval Yields Law Firm Bonanza
• At Brink Of Collapse, AIG Gets Emergency Funding
• Retroactive Rescission: Calif. Takes A Step Backward
• AIG Execs Shell Out $115M Over Shareholder Suit
• Lawyers Face Dramatic Challenges On Wall Street
• AmEx, Visa Sued Over Prepaid Cards
• Court Confirms NetBank's Liquidation Plan
• Judge Nixes Latest Bid To Toss Squawk Box Case
• Report Chides Offshore Hedge Funds On Dividend Tax
• Global Warming Raises Risks For Directors, Officers
• Subprime Suits Surpass S&L Benchmark: Study
• Mortgage Co. Holding Collateral Hostage: JPMorgan
• 3rd Circ. Upholds $182M Judgment Against PwC
• IRS Preempts State In Misclassification Suit: 3rd Circ.
• Creditor Seeks Examination Of Linens 'N Things
• WAMU Execs Get 2nd Try To Dismiss Securities Suit
• Sky Darkens For Lehman Brothers
• Deutsche Bank Unit Hit With Record Short-Sale Fine
• Reducing E-Discovery Costs For Financial Services
• Judge Refuses To Pick Lead Plaintiff In Lehman Case
• Bank Of America Settles Mass. ARS Probe
• 8 Student Lenders Settle With NY AG
• Lawsuits Against Lenders Increase In 2nd Quarter
• Booted Fannie Execs Sued By Investors
• First Marblehead Exec Loses Spat Over Stock Options
• House To Vote On Bill Giving SEC More Authority
• 5th Circ. Writes New Chapter In Enron Litigation
• Ex-Assent Broker Sentenced To 2 Years' Probation
• Edward Jones Settles Mutual Fund Suit For $7.5M
• Preparing A Witness For A Successful Deposition
• Blue Cross Loses Bid To Toss Monopsony Claims
• Judge Nixes Securities Suit Against China Life Ins.
• Limitations On Liability Coverage Under Section 11
• Controller Testifies Against Last RenRe Defendant
• Judge Sentences Hedge Funder To 24 Years
• Trustee Goes After CEO In Subprime Bankruptcy
• Fannie, Freddie Bailout Draws Big Legal Guns
• 1031 Tax Group Trustee Sues Over Real Estate
• Equifax Sued For Denying Underwriting Access
• Fannie, Freddie Takeover Likely To Spark Litigation
• HSBC Seeks Sanctions In Overtime Case
• Fannie, Freddie Conservatorship Mirrors Chapter 11
• DataTreasury, BoNY Settle Check-Imaging Suit
• MasterCard Wants Discover Debit Ruling Cleared Up
• Bank of America Eager to Settle ARS Probes
• 9th Circ. Reverses Calif. Consumer Privacy Ruling
• NY AG To Sue Student Lender
• Insurer Asks To Stop Paying Refco Exec's Defense
• JPMorgan Ditches Municipal Swaps Business
• TransUnion Consumer Privacy Saga Nearing Its End
• Court Sustains SEC Late-Trading Complaint
• Appaloosa Makes Bid For $82.5M Fee In Delphi Suit
• Bayou Honcho's Sibling Pleads Guilty In Fraud Case
• Mervyn's Points Finger For Ch. 11 At Former Owners
• $37.5M Deal Pitched In Scottish Re Litigation
• $4B SuperDOT Antitrust Suit Evaporates
• EU Says Limited Interchange Fees Would Be OK
• Dismissal Bids Denied In Prudential Market Timing Suit
• City National Settles DataTreasury Patent Suit
• Funds Fight Lead Plaintiff Choice For Suits V. Citigroup
• FINRA Sanctions Three Brokers Over CMO Abuses
• PrivaSys, AmEx Settle Card Chip Patent Spat
• Mutual Fund Advisory Case Bears Watching
• Discover Asks For Details Of Visa-MasterCard Deal
• NetBank Trustee Objects To Liquidation Plan
• Wells Fargo Engineers Win Conditional Certification
• Insurance Co.'s Bid To Block Docs Fails On Appeal
• Insurance Co. Sues Over 'Birthday Gift' Policy Patent
• Amaranth Trader Appeals FERC Jurisdiction Ruling
• Bingham Taps Bear Stearns Duo
• CFTC Accuses Calif. Fund Of Commodity Pool Fraud
• Court Grants Final Approval Of TJX Settlement
• Compass Settles DataTreasury Check-Imaging Suit
• Bear Stearns Fights Lawyer In Securities Class Action
• Credit Suisse Brokers Face Charges Over ARS Sales
• Kerkorian Firm Settles With SEC Over Faulty Reporting
• KPMG Execs Off The Hook In Suit Over Tax Shelters
• Trustee Returns Fire In Refco Suit
• SunTrust Faces ERISA Suit Over Subprime Loss
• UBS Unit Covered By SOX, Lawyer Argues