Banking Archive » July, 2010

Banking - July, 2010

209 articles

• BofA Can't Shake Examiner's Back Pay Suit
• WG Exec's Due Process Argument Fails In Seizure Spat
• 1st Circ. To Hear Fidelity SOX Retaliation Suit
• Ex-Galleon Marketing Exec Sues Over Lost Wages
• Trustee Seeks $30M From Madoff Family Ventures
• Overhauling The Associate Recruiting System
• Martin Act Doesn't Block Fairfield Suit Over Madoff Loss
• Lawmakers Want AIG, Others To Return Bonuses
• CFTC Eases Trading Restrictions For Bankrupt Cos.
• Private Mortgage Insurers Need Support, Experts Say
• BofA Settles Pay Stub Class Action For $4.7M
• Wachovia Ducks 2 Claims In $15M Lehman Loss Suit
• Galleon's Goffer Loses Bid To See SEC Docs
• Citi To Pay $75M Over Subprime Exposure Claims
• Visa May Face DOJ Antitrust Suit Over Surcharge Rules
• Financial Reform 101: A Litigator's Toolkit
• Highland Sues UBS Over $150M Term Loan Contract
• Nat'l Century VP's Money Laundering Conviction Nixed
• WG Trading Partner Pleads Guilty To Major Fraud
• Lehman Seeks OK For $108M Innkeepers Equity Sale
• Collins Capital Slips Claims Over Madoff Ponzi Links
• Swiss Exchange Stock Buyers Can't Sue Credit Suisse
• WaMu Settles ERISA Class Action For $20M
• Trump Entertainment Balks At Lenders' $7M Legal Fees
• Still No Aiding And Abetting Liability Provision
• 6th Circ. Clears Wall St. Of Cleveland Subprime Suit
• Chrysler Estate's Suit Over Daimler Sale Booted
• 3 Finance Execs Charged In Bond Bid-Rigging Scheme
• Rajaratnam Fights To Suppress Wiretap Evidence
• SEC Seeks Comment As It Crafts Reform Rules
• Judge Puts Starr's Bail At $10M, Cites Family Distrust
• NJ Law To Apply In Malicious Prosecution Suit V. Biovail
• Acacia Unit Sues BofA, Others Over Trading System
• Freshfields Snags High-Yield Finance Pro From Simpson
• Judge Won't Allow Split H&R Block FLSA Claims
• JPMorgan Can't Sell Televisa Unit's Debt To Rival
• Brooke Trustee Can Investigate 3rd Parties: Court
• Wells Fargo Settles Loan Consultants' OT Suit For $20M
• Financial Reform 101: For Broker-Dealers
• UBS Banker Pleads Not Guilty To Insider Trading Plot
• McKenna Long Partner Tapped To Probe WaMu Deal
• Cleary Reps UK Private Equity Firm In Sale Of Picard
• UK Financial Shake-Up To Be Led By Stronger BofE
• EU Tightens Energy, Finance Sanctions On Iran
• Citi, Terra Firma Dispute Over EMI Deal To Stay In US
• Centaur Lender Looks To Block $192M Adversary Suit
• Goldman Seeks To Toss $21M Bayou Arbitration Award
• Morgan Stanley, Others Face FINRA Probe Over CDOs
• Morgan Stanley, Invesco Sued Over ARS Buybacks
• SEC Pays $1M Award For Pequot Insider Trading Tip
• How To Gain An Edge When Bringing A Daubert Motion
• Grassley Calls For Probe Of GM's $3.5B AmeriCredit Deal
• La. Ponzi Schemer Gets 30 Years For $20M Fraud
• 7th Circ. Affirms Dismissal Of Citigroup Copyright Suit
• Asset-Backed Deals Get Ratings Disclosure Reprieve
• Bilski — A Financial Patent's Waterloo?
• 'Squawk Box' Defendants Denied Bid For New Trial
• SEC Watchdog To Probe Timing Of Goldman Settlement
• NY Comptroller Sues Over BofA, Merrill Lynch Deal
• Trustee, Verition Deals Win OK In Dreier Bankruptcy
• TPG Makes $300M Investment In Copano Energy
• CORRECTED: Hunton & Williams Reps AmeriCredit In $3.5B GM Deal
• 2nd Circ. Affirms $144M Fraud Ruling For BofA
• DBRS Avoids 'Expert' Status In SEC Filings
• CFTC Begins Derivatives Rule-Writing Blitz
• SEC Moves To Check Mutual Fund Sales Fees
• Madoff Trustee Attacks Fairfield Hedge Funds
• Schulte Roth Can't Rep Veritas Founder, NY Court Says
• FINRA Fines Deutsche $7.5M Over Subprime MBS
• AOL, BofA, Others Hit With Spam Filter Patent Suit
• AmEx Investor Suit Over Lending Standards Tossed
• Stanford Execs Seek Discovery Shield In Lloyd's Suit
• NHL Star Drops Malpractice Suit Against Hyman Lippitt
• Visa, UPS, Others Slapped With Web Data Patent Suit
• AT&T, T-Mobile, Banks Settle Credit Card IP Suit
• Claims Cut In Suit Over Firm's Work On $30M Loan
• Spotlight: M&A Trends In Canada
• Judge Signs Off On $550M Goldman Settlement
• Creditor Raises Flags Over Innkeepers' Lehman Deal
• EU Orders Portugal To Recover €450M Grant To Bank
• Fund Blames Ruskin Moscou For $40M Dreier Losses
• Mass Mulls Leveling Playing Field For Life Insurers
• WaMu Shareholders Win Probe Of JPMorgan Deal
• KeySpan Hit With Antitrust Action Over Power Rates
• Mayer Brown Advises Hewitt In EnnisKnupp Deal
• House Republicans Grill Schapiro Over New SEC Powers
• First Niagara Hit With ATM Patent Suit
• Whistleblower Provisions Of The Dodd-Frank Act
• Options Claims Rival Stole Secret Recruitment Data
• DBSI Plan Aims To Form Liquidation, Litigation Trusts
• SEC Needs 800 New Hires To Handle Reform: Chair
• Goldman's Tourre Denies SEC Allegations
• Norton Settles Lehman Gold Hedge Dispute For $93M
• AXA, National Australia Agree To Delay $11.5B Deal
• Neuberger Faces Shareholder Suit Over Gambling Buys
• AIG In $725M Deal To End Ohio Funds' Fraud Case
• FDIC Backs Taylor Bean's Exclusivity Extension Bid
• Latham Reps GE In $1.9B Grupo Aval Banking Deal
• CyberSource, Shareholders Settle Suit Over Visa Merger
• Schottenfeld Trader Cops To Insider Trading Charges
• Madoff Investor's $12.8M JPMorgan Suit Tossed
• WaMu Execs Win Bid To Nix Shareholder Action
• NAB: Not The Last Word On Foreign-Cubed Cases
• Bank Of New York Spars With Lehman Creditors
• IPO Document Warnings Might Not Shield MF Global
• SEC Deal May Be Setback For Goldman Plaintiffs
• Goldman Deal Promises Credibility Boost For SEC
• Ex-Obama Fundraiser Gets 12 Years For Bank Fraud
• Pension Funds Bolster MBS Case Against Countrywide
• Goldman To Pay $550M To End Abacus Fraud Suit
• Israeli Investor, SEC Reach Deal In $55M Fraud Case
• Capmark Creditors Can Examine $1.5M Loan
• Dodd-Frank Finance Reform Bill Heads To Obama
• 12 Guidelines For Law Firm Marketing Investments
• Bankrate Loses Bid To Toss Listing Table Antitrust Suit
• Lehman's Suit Against JPMorgan Gets 2012 Trial Date
• Adviser Loses Appeal In Ohio Workers' Comp Case
• UK Investors Get 'Cold Shoulder' For Share-Buying Plot
• CFTC Restarts Committee On Robo-Trading
• NYC Comptroller CIO Sues Former Firm For $10M
• Prosecutors Must Bolster Galleon Charges: Judge
• 2nd Circ. Nixes Student Loan Arbitration Clause
• Spotlight: M&A Trends In The Middle East
• BofA Could Face Liability For Dollar Rolling
• DC Circ. Nixes SEC's Postponed Annuity Rule
• SEC OKs FINRA Bid To Expand Arbitrator Lists
• Ex-E&Y Atty, SEC Near Insider Trading Settlement
• 1 Bank Left In Wolf Run Messaging Patent Suit
• Hope Now Settles FTC Mortgage Fraud Fight
• Judge Mostly Lets Stand Bondholders' Citigroup Claims
• E-Discovery And Litigation Holds
• New US Sanctions On Iran
• Investor Aims To Bar Revival Of $7.5M Fraud Action
• Neff Corp. Wins OK To Advance Plan Despite Objections
• Santander Adds SEB's German Banking Unit For $702M
• 2nd-Lien Lenders Propose Takeover Of CKX Unit
• FHFA Subpoenas Mortgage-Backed Securities Issuers
• 8th Circ. Tosses Appeal Of $87M Polaroid Asset Sale
• Pruco Hits Infinity With Fraud Suit Over $10M Life Policy
• Julius Baer Thins ERISA Class Action Claims
• Class Bolsters Bond Suit Against Orrick, Calif. Bank
• Lovell Stewart, Zamansky To Lead ProShares Action
• UK Firm Sues Morgan Stanley, Citigroup Over MBS
• All Eyes On SEC As Finance Reform Takes Shape
• US Bank Wants To Bid On Bankrupt O'Hare Hotel
• General Growth Freshens $400M DIP Deal
• Yuan Not Manipulated, But Undervalued: US Treasury
• Panel Orders Merrill Lynch To Pay Former Exec $4M
• Former NIR Analyst Cops To Fraud, Kickbacks
• Green Dot Investors To Raise Up To $135M With IPO
• First American Scores Win In Title Spat With JPMorgan
• 9th Circ. Remands First Republic Fraud Suit After Merck
• Bear Stearns Won't Get $2M AHM Mortgage Payment
• BofA Slams Meruelo's Latest Plan
• Liberty Mutual Sues Goldman Over Fannie Mae Stock
• Visa, MasterCard Check Smartcard Patent Action
• Greenberg Traurig Finance Pro Joins DLA Piper
• Chief Banking Regulator Announces Departure
• Starr Receiver Says Scorsese Owes Fees
• FINRA Fines, Actions Sped Up In 2009: Report
• WaMu Hearing On Plan, Examiner Delayed Again
• Ex-TierOne Employee Files ERISA Suit Against Execs
• 2nd Circ. Blames Judge For Galleon Wiretap Spat
• Davis Graham Snags M&A Veteran From Perkins Coie
• Ex-Ropes & Gray Atty Settles SEC Fraud Suit
• Argentina Hits JPMorgan, Clarin With Securities Suit
• SEC Drops Civil Claims Against KL Group Fraudster
• Chase Says Ex-Adviser Stole Biz For Morgan Stanley
• McGinn-Smith Assets Frozen In SEC Fraud Case
• The Intended Consequences Of Derivatives Legislation
• Syntax Trust Accuses Preferred Bank Of Aiding Fraud
• Goldman Backs Consolidation For CDO Securities Suits
• Blackstone Lures Simpson Thacher M&A Head
• Funds Sue JPMorgan, WaMu Over Securities Deal
• Nixon Peabody Nabs Sonnenshein Securitization Pro
• Counsel Remains Uncertain As Trial Is Set For Starr
• Texas Court Limits Nonclient Liability For Auditors
• Ex-SEC Lawyer Escapes Prison In Dreier Fraud Case
• NY Court Revives Lawyer Fraud Claims In Ponzi Scheme
• Chadbourne & Parke Expands Into Brazil
• Fine, Ban On Online Offerings Upheld For Fund Head
• EU Passes New Restrictions On Banker Bonuses
• Spotlight: M&A Trends In Europe
• Man Settles SEC Suit Over Analyst Uncle's Stock Tip
• Camerons Bankruptcy Vet To Join Quinn Emanuel
• ShoreTel, JPMorgan Pay $3M To Settle IPO Suit
• SunTrust Settles In DataTern Data Security Patent Suit
• Paul Hastings Adds UBS Litigation Head To NYC Office
• HSBC Hit With Class Action Over Credit Protection Fees
• CFTC Accuses Fla. Investment Firm Of $28M Ponzi
• 3rd Circ. Affirms Ruling Against Commodity Pool Head
• ICP Exec Agrees To Injunctions In Fraud Case
• Boutique Bank Loses Bid For Quick Win In FLSA Suit
• ProtoStar Lenders Fight Lowenstein, Greenberg Fees
• Fund Managers Hit With Suit Over $32M Madoff Loss
• SEC Sues Utah Man Over Alleged $139M Investor Scam
• 'Fly' Must Pay Atty Fees In Barclays 'Hot News' Spat
• Minn. Agency Fights Lehman Ch. 11 Plan
• 2 Key Senators Declare Support For Finance Bill
• The Power Of Procedure Under Anti-SLAPP Laws
• US Bank Can Sue Title Co. For Negligence: Ind. Court
• Morgan Keegan Owes Ex-NBA Star Grant $1.46M: Judge
• Obama Signs Bill Imposing Tough Sanctions On Iran
• FINRA Privacy Order For Oppenheimer Fight Nixed
• Colonial Can't Pursue Tax, Insurance Claims: FDIC
• Treasury Sells 1.1B More Citigroup Shares For $4.3B
• Crisis, Not Fraud, Harmed Impac Shareholders: 9th Circ.
• Ex-Cravath Atty Now Top Lawyer For Morgan Stanley
• Goldman Defends Collateral Calls On AIG Swaps