The widow of a Taiwanese billionaire has lost her attempt in a Washington, D.C., federal court to reclaim billions of dollars in assets she claims were diverted to one of several trusts controlled by rival family members, but the judge left the door open for her to try again.
New York federal district court Judge Jed Rakoff’s decision to reject the Securities and Exchange Commission’s $285 million Citigroup settlement inspired a judicial counterpart in Wisconsin to question a proposed SEC deal with another company. Can the SEC avoid a Citi sequel in Milwaukee?
D.C. District Judge John Facciola speaks with LTN magazine’s editor-in-chief, Monica Bay, about how e-discovery training is at a crossroads, constrained by limited financial resources at the governmental level. He proposes several solutions to address these challenges, particularly when individuals are unable to meet face to face.
So far, 11 cases have been posited for potential bellwether trials in the California state litigation over alleged sudden acceleration in Toyota vehicles.