Peter Chaffetz of Chaffetz Linsdey LLP was on the faculty of the Reinsurance Outlook 2010 seminar produced earlier this year by HB Litigation Conferences. During a session that focused on the reinsurance implications of the global financial crisis, Chaffetz... Read More
In what is by far the largest settlement of a credit crisis-related securities class action lawsuit, Bank of America has agreed to pay $2.43 billion to settle the suit filed against the company and certain of its directors and officers in connection with... Read More
WASHINGTON, D.C. - Covington & Burling LLP has announced that former Comptroller of the Currency John C. Dugan is rejoining the firm as a partner. Dugan will chair the firm's Financial Institutions Group , and will advise clients on a range... Read More
WASHINGTON, D.C. — (AP) Federal regulators have authorized legal action against more than 50 executives and directors of collapsed U.S. banks as they seek to recover about $1 billion in losses. A spokesman for the Federal Deposit Insurance Corp... Read More
NEW YORK - (AP) Wells Fargo & Co. has agreed to pay $100 million to Citigroup Inc. to settle a dispute related to its acquisition of Wachovia Corp. in October 2008, at the height of the financial crisis. Wachovia was teetering on the brink of collapse... Read More