Dispute Resolution Blog
- Blog: Capital Markets LitigationGovernment Preparing to Rest Its Case in $2 Billion Mozambican Loan Fraud TrialPosted on November 12, 2019 by Alexandra DrozProsecutors are nearing the end of their case after over three weeks of trial for Privinvest Group executive Jean Boustani, who is accused of conspiring to defraud investors in loans made by Credit Suisse and Russian bank VTB to Mozambican state-backed special-purpose vehicles (SPVs). The government alleges that Boustani structured the deals so that the...… Continue Reading The post Government Preparing to Rest Its Case in $2 Billion Mozambican Loan Fraud Trial appeared first on Capital Markets Litigation.
- Blog: Appellate InsightMaking the Most of Your Reply BriefPosted on October 30, 2019 by Adam HofmannIt is a truism in appellate practice that the respondent/appellee is in the best position; the standards of review and presumptions largely weigh in favor of affirmance, and so winning in the trial court is statistically the best way to win on appeal. In the spirit of making lemonade from lemons, however, one of the […]
- Blog: DeclassifiedIt’s None of Your Business: Sixth Circuit Says Arizona Lacks Article III Standing to Intervene to Challenge a Class SettlementPosted on October 21, 2019 by John E. Goodman and J. Thomas RichieDoes a state, whose citizens are among the absent class members in a class action settlement, have Article III standing to challenge the supposed unfairness of the settlement? In Chapman v. Tristar Products, Inc., the Sixth Circuit said no. The Trial Court’s Decision Chapman involved a product liability class action against the manufacturer of allegedly... Continue Reading
- Blog: MisbrandedJoining the Trend: D.C. Circuit Latest Court of Appeals to Decline to Certify Class Containing Uninjured MembersPosted on October 8, 2019 by Joshua Kipnees, Michael D. SchwartzA few weeks ago, the U.S. Court of Appeals for the D.C. Circuit weighed in on a recurring question in class action litigation: can a court certify a class where some class members—even if only a small fraction of the class—are uninjured? Joining a string of recent decisions on this subject, the circuit court held in [...]