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Results: 1-10 of 75

With securities case dismissal, another loss in the southern district for LIBOR plaintiffs

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 15 2013

On Monday, Southern District of New York Judge Shira Scheindlin dismissed the entire suit in Gusinsky v. Barclays, without leave to amend and with

FCA prosecutes a former mortgage broker for breach of the general prohibition

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 10 2013

On 29 April 2013, Michael Joseph James Lewis (a former mortgage broker) appeared at Medway Magistrates Court to face criminal charges brought against

SDNY judge guts LIBOR claims on motion to dismiss, but banks are not off the hook yet

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 2 2013

In an exhaustive 161-page ruling issued on Friday, Judge Naomi Reice Buchwald of the Southern District of New York dismissed the majority of the

Freddie Mac suit may change LIBOR litigation landscape

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 28 2013

In a complaint filed last week in the U.S. District Court for the Eastern District of Virginia, home mortgage purchaser Freddie Mac has injected

Court of Appeal holds bank not liable for losses arising from alleged breaches of its statutory duty

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • February 14 2013

In Zaki & Ors v Credit Suisse (UK) Ltd 2013 EWCA Civ 14, the Court of Appeal upheld the decision of the High Court in finding that Credit Suisse

Recent D.C. Circuit opinion holding President Obama’s recess appointments to the NLRB unconstitutional could impact the regulatory powers of the CFPB

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 28 2013

A three judge panel of the U.S. Court of Appeals for the District of Columbia Circuit recently ruled that President Obama exceeded his authority on

California governments launch Libor litigation

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 14 2013

A recent development in what some have characterized as the largest financial scandal in the history of the market emerged this week when five civil

FSA continues charge against mis-selling of PPI

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 3 2013

In Ollerenshaw and Reeh v the Financial Services Authority (the FSA), former directors of the Black and White Group Limited (in liquidation) (B&W

Bank guarantees: Court of Appeal decides that on demand will almost always produce a demand bond and not a true guarantee.

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 3 2013

Guarantees of performance are often required in commercial transactions. A crucial distinction must be made between guarantees which enable a claim to be

Barclays to face first LIBOR trial in October 2013

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • November 19 2012

D&O carriers and brokers will want to keep October 2013 on their calendars