BRUSSELS | Mon May 20, 2013 3:39pm EDT BRUSSELS May 20 (Reuters) – A draft European Union law voted on Monday would shield small depositors from losing their savings in bank rescues, but customers with over 100,000 euros in savings Read more »
Judge Revives $774 Million Securities Case Against JPMorgan
For the lawyers fighting Dexia SA’s mortgage-backed securities lawsuit against JPMorgan Chase & Co., Jed Rakoff giveth, and Rakoff taketh away.Last month, when we named Daniel Slifkin and J. Read more »
TCPA Lawsuits Over Unwanted Cell Phone Calls, Texts on the Rise
Class Action Lawsuit and Settlement News Monday, 13 May 2013 08:50 Follow us on Twitter and Facebook for the latest Text Message Spam Class Action Lawsuit Settlement News! TCPA Lawsuits Over Unwanted Cell Phone Calls, Texts on the Rise By Read more »
Spain’s Realia to convert loans into shares to restructure debt
MADRID, May 8 (Reuters) – Spanish property firm Realia said on Wednesday it had agreed to convert a 115 million euro ($150 million) loan into shares as part of a plan to restructure debt and avoid insolvency proceedings. Read more »
CORRECTED-Spain’s Realia to convert loans into shares to restructure debt
(Corrects to show that FCC is increasing, not cutting, its stake) MADRID, May 8 (Reuters) – Spanish property firm Realia said on Wednesday it had agreed to convert a 115 million euro ($150 million) loan into shares as part of Read more »
Quinn Emanuel Clears $7 Billion Hurdle for AIG in Bank of America Case
American International Group Inc. didn’t relinquish $7.3 billion in claims against Bank of America Corporation during its 2008 government bailout, a judge ruled Monday.In a 40-page decision, U.S. District Judge Mariana Pfaelzer in Los Angeles ruled that AIG has standing Read more »
BofA, U.S. Bancorp Can’t Dodge Claims over Roles as MBS Trustees
Suits trying to hold mortgage-backed securities trustees liable for MBS losses haven’t been at the forefront of investor litigation spawned by the mortgage crisis. But a ruling Monday in a putative class action against Bank of America and U.S. Bancorp Read more »






Recent Comments