Litigation News. Crime Stories, Law on News and Legal Publications in December, 2011

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Mortgages paid down by record £9bn in quarter
The IndependentDecember 1, 2011

It was the highest negative figure since comparable records began in 1970 and means the total amount owed on mortgages has fallen by £92.9bn since the height of the credit crunch. Homeowners spent the equivalent of 3.5 per cent of their take-home pay ...more »

The Bankruptcy Files: AMR, Lehman, MF Global, PMI, and Power Balance Bracelets
The Am Law DailyDecember 1, 2011

The economy's ongoing struggles are proving to be fruitful for bankruptcy lawyers betting on a second wave of corporate restructuring work in the US and abroad. The No. 1 spot on that list still belongs to Lehman Brothers, which this week inched closer ...more »

Litigation News and Stories

Appellate Practice
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AMS Transvaginal Mesh Lawsuits to be Consolidated
InjuryBoard.comDecember 5, 2011

The Trans Vaginal Mesh (TVM) saga continues and another Multidistrict litigation is pending. American Medical Systems (AMS), a pelvic mesh manufacturer, is filing motions for the centralization and consolidation of all transvaginal mesh lawsuits filed ...more »

General Civil Litigation
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Focus: The litigation top 50 - Wars of the world
The LawyerDecember 5, 2011

Headline cases for Kirkland recently have included the landmark Pliva Inc v Mensing (2011), in which partner Jay Lefkowitz represented Teva Pharmaceuticals in a closely watched Supreme Court case that ruled generic drug companies, unlike brand ...more »

Business & Commercial Litigation
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AeroVironment, Inc. Announces Fiscal 2012 Second Quarter Results
MarketWatch (press release)December 6, 2011

... charging systems for commercial fleets. More information about AeroVironment is available at . This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. ...more »

Securities Litigation/Broker Misconduct
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Fitch: Stiffer Penalties, Litigation Risk Could Pressure Banks
MarketWatch (press release)December 2, 2011

Federal NY judge Jed S. Rakoff Monday threw out a $285 million penalty against Citigroup proposed by the Securities and Exchange Commission (SEC) saying he could not quantify the settlement amount without additional information concerning the ...more »

Politicking by police worries politicos (press release)December 3, 2011

“Geelani claims himself to be a leader and has been a legislator and knows the writ and functioning of the law of land and has himself reposed trust in the system by moving the application for lodging FIR. This makes it amply clear that he takes law...more »


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