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  • Article

    WMC Mortgage And GE Mortgage Holding Settle RMBS Repurchase Case

    On September 21, 2015, Judge Denise L. Cote of the United States District Court for the Southern District of New York endorsed Bank of New York Mellon's ("BNYM") September 18, 2015 letter reporting that the parties had settled a case in which BNYM sought repurchase of a number of allegedly defective loans as trustee for the GE-WMC Mortgage Securities Trust 2006-1.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    The Legacy Of Lehman Series

    Faced with huge losses in the subprime mortgage market, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on September 15, 2008.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Orrick
    Orrick
  • Article

    To Disclose Or Not To Disclose: Patents Or Trade Secrets?

    Orrick litigators Glenn Dassoff and Harry Moren co-authored an article that identifies several key factors companies should consider when choosing between disclosure and nondisclosure agreements.
    United StatesIntellectual Property
    Orrick
    Orrick
  • Article

    Second Circuit Vacates Judge Rakoff’s Ruling Rejecting SEC-Citigroup Settlement

    The Second Circuit vacated a decision of a U.S. District Court refusing to approve a settlement of claims that the SEC brought against Citigroup Global Markets Inc.
    United StatesLitigation, Mediation & Arbitration
    Orrick
    Orrick
  • Article

    Wendy Butler Curtis Co-Authors Article On The Scope Of Discovery

    Orrick's Wendy Butler Curtis and Redgrave's Kevin Brady have co-authored an article in Corporate Counsel entitled "Wants vs. Needs: Guideposts to Ensuring Appropriate Scope of Discovery."
    United StatesLitigation, Mediation & Arbitration
    Orrick
    Orrick
  • Video

    Successful Investing In Charter Schools Part III - Market Advancements (Video)

    Every other year, Orrick and the Bond Buyer present an overview of the charter school facilities bond sector, highlighting transaction fundamentals, sector-level research data, and credit...
    United StatesStrategy
    Orrick
    Orrick
  • Article

    Profiles In Innovation: Editor Of Wired Discusses AI, Blockchain, And Tech Trends

    Wired's editor-in-chief Nicholas Thompson is interviewed on tech trends with commentary by Annette Hurst, IP attorney on AI legal considerations.
    United StatesTechnology
    Orrick
    Orrick
  • Article

    OFCCP Says "No Thanks" To EEOC's EEO-1 Pay Data

    The EEOC and the OFCCP regularly share information between the agencies to avoid duplicative information collections and to minimize the burden on employers.
    United StatesEmployment and HR
    Orrick
    Orrick
  • Article

    Orrick Releases Report Card On Compliance With New California Law Requiring Female Directors On Public Company Boards

    The gender diversity report is Orrick's latest examination of corporate governance practices among the nation's public companies.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Orrick Appellate Team Files Amicus Brief In Major U.S. Supreme Court Case Involving U.S. Border Patrol Shooting

    Raising major public policy questions in one of the most closely watched cases on the U.S. Supreme Court's docket this term...
    United StatesLitigation, Mediation & Arbitration
    Orrick
    Orrick
  • Article

    A Convergence Of Insolvency Regimes – Europe In The Brexit Era

    As part of a continued effort in Europe to reform insolvency legislation, the British government issued a paper in March 2018 as a response to a draft directive published by the European Commission in November 2016.
    European UnionInsolvency/Bankruptcy/Re-Structuring
    Orrick
    Orrick
  • Article

    The General Data Protection Regulation's Key Implications For E-Discovery

    Orrick's Jeffrey McKenna co-authored an article for Inside Counsel and Legaltech News entitled "The General Data Protection Regulation's Key Implications for E-Discovery."
    European UnionLitigation, Mediation & Arbitration
    Orrick
    Orrick
  • Article

    6th Circuit Reverses Order Granting Summary Judgment Against Monopolization Claims, Holding That "Quick Look" Rather Than "Rule Of Reason" Applied

    On Jan. 3, 2014, the 6th U.S. Circuit Court of Appeals revived a price-fixing suit brought by milk retailers, reversing the district court’s grant of summary judgment in favor of defendants.
    United StatesAntitrust/Competition Law
    Orrick
    Orrick
  • Article

    Price-Fixing MDL Against Online Travel Booking Companies Dismissed With Prejudice

    On Oct. 27, 2014, the U.S. District Court for the Northern District of Texas dismissed with prejudice a complaint accusing a group of online travel booking companies of colluding to set hotel room rates.
    United StatesAntitrust/Competition Law
    Orrick
    Orrick
  • Article

    Bank Of America And Merrill Lynch Settle RMBS Lawsuit with FDIC

    On November 17, Bank of America and Merrill Lynch settled securities claims brought by the FDIC related to RMBS sold to United Western Bank.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Central District Of California Dismisses FDIC’s Federal And State Securities Claims In Connection With RMBS Purchases

    On August 26, Judge Mariana R. Pfaelzer of the U.S. District Court for the Central District Court of California dismissed with prejudice a suit brought by the Federal Deposit Insurance Corporation against Countrywide Securities Corporation, Countrywide Financial Corporation, Bank of America Corporation, Deutsche Bank Securities, Inc. and Goldman, Sachs & Co.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Court Grants In Part And Denies In Part Nomura’s Motion To Dismiss Trustee Repurchase Action

    Justice Marcy Friedman granted in part and denied in part Nomura’s motion to dismiss claims brought by HSBC, as Trustee for the NAAC 2006-AF2 RMBS Trust.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    New Fulsome M&A Checklist For 2019

    Attached is a new, much more fulsome compendium of useful checklists for M&A matters for 2019!
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Third Circuit Finds Trustee Not Liable For $168 Million RMBS Loss – IKB Failed To Show Trustee Violated Contractual Obligations

    The Third Circuit Court of Appeals affirmed a trial's court's dismissal of IKB International SA's claims against Wilmington Trust Co., holding that IKB had not demonstrated that Wilmington violated its contractual obligations.
    United StatesCorporate/Commercial Law
    Orrick
    Orrick
  • Article

    Harry Clark Weighs In On Replacement Of SEC Payment Disclosure Rule For Oil, Gas And Mining Companies

    Harry recommended that companies not stop efforts to document payments to foreign governments until it's certain the reporting requirements are definitively eliminated.
    United StatesEnergy and Natural Resources
    Orrick
    Orrick

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