Decision opened door to reevaluation and reform of how asbestos litigation is managed and resolved. Zachary Rosenbaum comments in Global Capital on Standard & Poor’s $1.37 billion class action settlement with the Department of Justice over the agency’s crisis-era RMBS scores. Won dismissal of a $1.875 billion claim introduced in New York by monetary guarantor FGIC against shopper IKB Deutsche Industriebank involving a complex array of credit score default swaps and underlying CDO property. The Constitution Project, in a case testing the boundaries on police set up and use of a GPS tracking system in a suspect’s car.
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