MBIA Inc. agreed to insure a $1.16 billion pool of mortgages without its employees reading a report the bond insurer now claims was altered to hide flaws in the loans, JPMorgan Chase & Co.’s lawyers told a judge.
Skadden, Arps, Slate, Meagher & Flom LLP advised Devon Energy Corp., which will buy closely held GeoSouthern Energy Corp.’s Eagle Ford assets for $6 billion in cash, expanding its shale holdings in one of the most prolific oil basins in the U.S.
Apple Inc. won more than $290 million from Samsung Electronics Co. in a do-over damages trial by relying on the same tactics it used in a 2012 victory -- and a witness who jurors said tipped the balance in Apple’s favor.
Apple Inc. won more than $290 million in damages from Samsung Electronics Co. for patent infringement in a do-over trial that restored most of the amount cut from the iPhone maker’s jury victory in 2012.
Apple Inc.’s do-over trial on what Samsung Electronics Co. owes for infringing patents is supposed to be “Groundhog Day,” according to the judge overseeing the case. Apple is doing its part to make good on her plan.
Scott Hammond, the former head of criminal enforcement in the U.S. Justice Department’s antitrust division, will join Gibson, Dunn & Crutcher LLP as a partner in Washington focusing on criminal antitrust and international cartel matters.
Timothy Massad, a little-known Treasury official who oversaw the U.S. rescue of Wall Street, faces skepticism about his qualifications from lawmakers who will vote on his nomination to lead the country’s top derivatives regulator.