Trial Lawyers' Influence News

June 19, 2013

D & O Diary | June 19, 2013
There days, virtually every M&A transaction attracts litigation, usually involving multiple lawsuits. These cases have proven attractive to plaintiffs’ lawyers because the pressure to close the deal affords claimants leverage to extract a quick settlement, often involving an agreement to publish additional disclosures and to pay the plaintiffs’ attorneys’ fees.

June 18, 2013

Forbes | June 18, 2013
Today’s decisions include a win for the Federal Trade Commission in challenging so-called “pay-to-delay” agreements that keep generic drugs off the market, a loss for class-action lawyers who want to troll state motor vehicle records for clients, and two rare splits between the court’s most conservative justices.

June 12, 2013

Wall Street Journal | Subscription Required | June 12, 2013
The plaintiffs bar loves state attorneys general, who often hire the lawyers for a contingency fee and get campaign cash in return. The latest example is playing out in Nevada, where the AG and her legal friends could derail a $127 million settlement between a mortgage-processing company and 49 other states and the District of Columbia.

June 11, 2013

ThomsonReuters | June 11, 2013
Lawyers who secured a $730 million class action settlement for Citigroup Inc investors have asked a federal judge to approve $146 million in fees.  The fees, requested by Bernstein Litowitz Berger & Grossmann, would be the 10th largest ever awarded to lawyers in a federal securities class action, according to NERA Economic Consulting.  

May 28, 2013

The Washington Post | May 28, 2013
Maryland Lt. Gov. Anthony G. Brown (D) on Tuesday picked up an early endorsement of his 2014 gubernatorial bid from the state’s trial lawyers association.

May 21, 2013

Louisiana Record | May 21, 2013
Generally speaking, there are two kinds of state attorneys general—one focuses his office on rooting out public corruption and defending the state constitution against threats of intrusion from the federal government.  The other sees himself as the Plaintiff Attorney-In-Chief and focuses his efforts on civil ligation in the belief that serving as a consumer advocate best fulfills the role of that position.
WWLTV News | May 21, 2013
Louisiana Attorney General Buddy Caldwell is using illegal, contingency-fee contracts to hire his top supporters to represent the state in its biggest tort cases, lawsuit watchdogs allege.

May 17, 2013

The Australian | May 17, 2013
After recruiting two of the nation's leading litigators to launch its Australian practice, US firm Quinn Emanuel Urquhart & Sullivan has announced plans for rapid growth.

May 16, 2013

ThomsonReuters | May 16, 2013
A divided federal appeals court on Wednesday voided a class action settlement between Hewlett-Packard Co and millions of consumers who bought its inkjet printers over nearly a decade, saying the fees awarded to the consumers' lawyers must be recalculated.