Banking Archive » October, 2007

Banking - October, 2007

187 articles

• Investors Want Control Of Failed Bear Stearns Fund
• Judge Rebuffs Parmalat Units' Appeal
• After Court Order, Objections To AHM Sale Remain
• British Appeals Court Upholds Credit Card Protection
• First Magnus' Plan To Have Its Day In Court
• Freddie Mac Investment Made Buffett Jump Ship
• Mesa To Pay Hawaiian Airlines $80M
• Merrill Faces Class Action Over Subprime Investments
• Former Countrywide VP Settles Insider Trading Case
• Allen & Overy Drafts Ex-Assistant U.S. Attorney
• Adviser Found Guilty In Ohio Workers' Comp Case
• Oppenheimer Settles With FINRA For $1M
• Germany Mulls Foreign Takeover Limits: Report
• Trustee Wants Examiner, Not Allen & Overy, For AHM
• New Outreach Program Aimed At Broker-Dealer CCOs
• Tax-Deferred Exchange Litigation Gets MDL Status
• High Court Hears Oral Argument In Futures Case
• Panel Consolidates Sterling Class Actions
• Banks, Hedge Funds Say Delta Misled Creditors
• Supreme Court Refuses To Hear Armstrong Appeal
• Bear Stearns Pays $1M To Settle Enron Suit
• BofA Rebukes American Home Over Sale Disclosures
• Moody's, S&P, Fitch Subpoenaed In Antitrust Probe
• Corporate Fraud Group Touts $2B In Fines, Recoveries
• Merrill CEO's Merger Chat Raises Legal Issues
• TJX Plaintiffs Seek To Amend With New Breach Details
• Mortgage Crisis Triggers Industry Fall-Out
• Wells Fargo Sues AHM, Bear To Fend Off Threats
• When M&A And National Security Don't Mix
• TJX Data Breach Double The Inititial Estimate: Suit
• Foreign Takeovers Face New Regulatory Hurdles
• Mortgage Lenders' Exclusivity Clock Reset
• AHM Hits Lehman With $84M Adversary Suit
• SEC Probes Commerce Bancorp CEO's Departure
• SEC's Thomsen Says Insider Trading Is Rampant
• FINRA Fines UBS For Late, Missing Broker Reports
• SEC Dealt Setback In Suit Against Ex-FBR Manager
• State Street Faces 2nd Subprime Loss Class Action
• Private Equity's Rise Yields New Dynamic With Unions
• Musicland Disputes Wachovia's $25M Claim
• Credit Suisse, UBS Sued Over Asset Seizure
• Insurer Standing Re. Fraud Claims Remains Uncertain
• Berenson & Co. Fights Back In Fee Tussle
• CFTC Seeks Increased Power Over Energy Markets
• Morgan Stanley Files $10M Suit Over Bad Mortgages
• Milbank Nabs Heller Managing Partner
• Broker Fights Cantor Fitzgerald Push For Arbitration
• Former Arthur Andersen Auditor Settles With SEC
• Philadelphia Stock Exchange Settles Shareholder Suit
• New SEC Anti-Fraud Rule Has Sweeping Implications
• Morgan Stanley Settles Discrimination Suit For $23.5M
• Complex Commercial Expert Joins Goodwin Procter
• Countrywide Hit With Another Overtime Suit
• Willis Group Settles Sex Discrimination Suit For $8.5M
• JPMorgan Trader Hits Co. With $3M Inducement Suit
• Schulte Roth Gains Securities Litigator
• Mortgage Reform Bill To Face Stiff Opposition
• Ross Cleared To Buy American Home Subsidiary
• American Home Units Sue BofA For $25M
• Interstate Secures $400M In Exit Financing
• Bill Introduced In Congress To Curb Lending Abuses
• Creditors Object To American Home Transaction
• Pension Fund Pins Countrywide's Problems On CEO
• Banks Want Enron Creditors' Ruling Reconsidered
• Securities Sales Rep. Pleads Guilty To Fraud
• Judge Greenlights Class Action Against PwC
• Liberty Seeks Dismissal From Murphy Fire Suit
• Solutia Wins Approval To Send Plan To Creditors
• Ex-National Century President Accused Of Tampering
• Banks Pull Objections To AHM Unit Sale: Reports
• Merrill Sued Over Mortgage-Related Investments
• HSBC Undervalued Bonds: Lawsuit
• Xybernaut, Ramp Execs Indicted For Securities Fraud
• Massachusetts Regulators Probe Bear Stearns Funds
• Reed Smith Expands Into Asia
• Appeals Court Finds For Congo Oil Co. In Loan Suit
• NSD Bancorp Director Settles Insider Trading Case
• American Home Asset Sale Can Go Forward: Judge
• New Insurance Securitization Legislation In Vt.
• SEC Investigates Countrywide CEO: Report
• Latham & Watkins Attorney Disqualified In KPMG Trial
• Judge Dismisses Duplicate Katrina Suit
• State St. Sued Over Subprime Investment "Gamble"
• Indemnity Claims Nixed In Man Financial Suit
• Potentially Massive Wells Fargo FLSA Class Certified
• WorldCom Investors Denied Arbitration
• Source, Amex Lay Down Guns In Patent Spat
• Mass. AG Sues Lender For Predatory Loans
• EU Orders Repeal Of Tariffs By French Card Group
• The SEC's New Anti-Fraud Rule For Private Funds
• Ex-Dow Official Implicates JP Morgan
• Appeals Court Finds Ameriquest Omitted Lender Data
• Judge Approves Quality Home Loans Deals
• Aegis' Employee Compensation Plans Get Green Light
• Mortgage-Lender Spectrum Converts To Chapter 7
• BoNY To Surrender Millions To Sentinel Trustee
• SEC Accuses Fund Of Illegal Short Selling
• Pacific Lumber, BoNY Square Off Over Plan
• Two New Refco Trusts Suits Seek $400M
• Three Law Firms Is Too Many, Fedders Lenders Say
• First Magnus Files Wind-Down Plan
• Calif. Pensions Must Divest Iran-Involved Cos.' Stock
• American Home Tries To Keep Sale On Track
• KPMG, Sidley, Proskauer Hit With Tax Shelter Suit
• Buyer Group Files Counterclaims In Sallie Mae Suit
• Judge Nixes Credit Suisse's Bid For More Time
• N.J. Law To Govern Foster Wheeler Insurance Dispute
• Judge Keeps Alive Opulent Case Against Nasdaq
• Claims Tossed In Security Breach Suit Against TJX
• Feds Lose Tax Evasion Evidence Bid In KPMG Suit
• Caterpillar Sues Aon Over Insurance Practices
• Details Emerge In SAC Hormone Harassment Suit
• Some Clarity For Broker-Dealers In Temporary Rule
• Sentinel Trustee Slams Execs In $350M Fraud Suit
• Grasso's Pals Push To Settle Pay Package Suit
• Judge OKs Calpine Agreement With HSBC
• Refco Administrators Try To Pare Down Claims
• Judge Tosses Punitive Damages In Merrill Lynch Suit
• Plaintiffs Buck Ruling In Insurance Antitrust Case
• New Century Examiner's Extension Bid Falls Short
• Exempt Commercial Markets And The Enron Loophole
• Asarco Settles With Majority Bondholder
• People's Choice, Qwest Deal Gets Green Light
• AG Subpoenas Lenders In Deceptive Marketing Probe
• Judge OKs $46M Morgan Stanley Bias Settlement
• Morgan Stanley Settles With SEC For $7.5M
• Reed Smith Picks Up Private Equity Partner
• Sonnenschein Slams Bayou's Litigation Strategy
• DOJ Web Site Advocates Real-Estate Competition
• Hedge Fund Advisor Agrees To Pay More Than $8M
• The U.K. Companies Act 2006: Key Provisions
• Chrysler Deal May Herald New Era Of Compromise
• Ads By Mortgage Lenders Come Under Scrutiny
• FLSA Case Against American Family To Go On
• Insurer Opposes Limits On BofA Witnesses
• Document Battle Rages Between Source, Amex
• Fraud Allegations Fly In Refco Clients' New Suits
• SEC To Look At Competition In Credit Rating Industry
• Plaintiffs, Murphy Set Facts Straight About Fire
• American Home Moves To Squash Document Request
• Sallie Mae Sues Buyout Group For $900M
• Allianz, Minnesota AG Settle Annuities Suit
• Firms, NYSE Settle On $10.4M For Violations
• Mayer Brown Team Takes On Subprime Issues
• State Street Objects To Delphi ERISA Settlement
• Banks, Funds Appeal Enron Bankruptcy Decision
• Visa Asks Again For Amex's "Cannibalization" Data
• Rocker Fights KPMG Stay In Lernout Case
• Connecticut Takes Aim At Marsh & McLennan Unit
• All American's Trustee, Creditors Oppose Fee Request
• Shareholder Enlarges Class In Suit Against Luminent
• Farmer Fined For Insider Trading In Bank Merger
• Refco Trustee Files 40 Adversary Complaints
• Sphinx Investors Lose Fight Over $263M Refco Deal
• Ex-Lawyer Battles Farella Braun's Bid To Dismiss
• Quality Home Loans Looks To Retain Irell & Manella
• Aegis Wants Units' Ch. 11 Cases Dropped
• Greenberg Traurig Gets OK To Represent First Magnus
• Judge Goes Easy On Attorney Couple
• Visa Will Appeal €10.2M Fine
• Insurer Seeks Judgment In Settlement Spat Over $4M
• Bloomberg Plaintiffs Seek $144M In Damages
• Hedge Funds Prepare For Wave Of Subprime Litigation
• Lehman Backdating Derivative Suits Consolidated
• Senator Opposes Ban On Retail-Owned Banks
• Countrywide Told To Hand Over Docs In Options Probe
• Amaranth Seeks Stay Against FERC Action
• Baker Donelson Creates Subprime Mortage Group
• BofA Asks To Limit Discovery In Parmalat MDL
• New Century Examiner Wants To Probe Execs
• Insurance Agents Win Class Certification Bid
• Visa Hit With Suit Over No-Contact Credit Cards
• Visa Fined €10.2M For Barring Morgan Stanley
• Mortgage Lenders Seeks Second Exclusivity Extension
• American Home Unit Sale Meets Heavy Opposition
• Guidance For Directors Of Mutual Holding Companies
• PwC Loses Bid To Appeal Order In SmarTalk Case
• AIG Shareholders Won't Drop PWC, Marsh Claims
• Parmalat Survives Another Motion To Dismiss
• Hedge Fund Advisor Settles With SEC
• Countrywide Comes Under Fire In Overtime Suit
• Fabrikant's Lending Banks Hit With $118M Suit
• SEC's Hedge Fund Doc Requests: Broad, Onerous
• Cendant CEO Loses Appeal, Sentenced To 12 Years
• Ruling Brings An End To Insurance Antitrust Suit
• Online Bank, Lender Seeks Chapter 11 Protection
• Creditors Object To "Insider" Mortgage Lenders Sale