Few took notice last year when Gibbs & Bruns began laying the groundwork for what eventually became an $8.5 billion settlement with Bank of America over hundreds of billions of dollars in mortgage-backed securities. Now the firm has picked JPMorgan as its second target, and this time everybody is paying attention.

In the run-up to the last edition of the America’s Cup sailing race, contestants seemed to spend more time in court than on the water.

A federal judge has rejected motions to intervene by two Argentine law firms claiming a slice of the $123 million in legal fees set aside when Bank of America settled an overdraft class action. The judge ruled it is not his place to divide legal fees, and state court is the proper venue for such a decision.

A major battle is shaping up over some $123 million in attorney fees in the massive Bank of America overdraft class action. An Argentinian law firm is asking a federal judge to allow it to intervene in the case, while plaintiffs attorneys want their bid for fees to be decided in Florida state court.

Quinn Emanuel won’t have to step aside as counsel to AIG in its $10.5 billion lawsuit against Bank of America, thanks to a federal judge’s ruling Tuesday. But for the London partner that Quinn exiled from the firm when the conflict dispute flared up, the damage may already be done.