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Court finds ambiguity applying insured v. insured exclusion to FDIC lawsuit

  • Wiley Rein LLP
  • -
  • USA
  • -
  • January 15 2013

The United States District Court for the Northern District of Georgia has denied in part a motion summary judgment by the directors and officers

Resurrecting corporate America after the failure of governance

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • October 10 2008

AIG, Bear Stearns, Fannie Mae, Freddie Mac, Lehman Bros. et al. are the result of a fundamental flaw in governance of corporate America: failure to provide independent oversight of management in the governance of these organizations

In case you missed it - February 2012

  • Stoel Rives LLP
  • -
  • USA
  • -
  • February 15 2012

A smattering of bylaw amendments purporting to make Delaware the exclusive venue for shareholder derivative suits and claims of fiduciary duty breaches followed Vice Chancellor Laster’s suggestion in a 2010 case that such provisions would be enforceable

Court denies bank, insurer's, and reinsurer's motion to dismiss RESPA complaint

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 20 2013

Two borrowers filed a putative class action complaint in Pennsylvania federal court alleging that mortgage lender, First Horizon Home Loan

Trade associations urge Senate to consider systemic risk review

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 19 2010

Today, a consortium of interested trade associations, including the American Bankers Association, the Financial Services Roundtable and the Mortgage Bankers Association, sent a letter to Senators Christopher J. Dodd (D-CT) and Richard C. Shelby (R-AL), the Chairman and Ranking Member of the Senate Committee on Banking, Housing and Urban Affairs, respectively, urging the Committee to address potential systemic risks posed by accounting standards in the consideration of the Senate’s comprehensive financial industry reform legislation

Financial services update January 8 2014 judicial developments

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • January 8 2014

On December 26th, the Seventh Circuit granted the wish of a commodity pool operator who was convicted of money laundering and mail fraud charges

Supreme Court surprises again: RESPA standing case dismissed by Supreme Court as improvidently granted

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • July 2 2012

The June 28, 2012 ruling on the Affordable Care Act was not the only surprise that came out of the Supreme Court last week

Is your insurance company paying to defend FACTA lawsuits?

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • September 13 2007

Plaintiffs lawyers have filed hundreds of nationwide class action lawsuits against restaurants, retailers and other merchants for alleged improper printing of expiration dates on credit card receipts

District court refuses to apply business judgment rule to claims against officers

  • Allen Matkins Leck Gamble Mallory & Natsis LLP
  • -
  • USA
  • -
  • June 21 2012

Since 2008, a total of 38 banks have failed in California

The Dodd-Frank Wall Street Reform and Consumer Protection Act

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • July 22 2010

Broken or not it's being fixed