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UBS Sues Bank of America for 0 Million Over Indemnification Breach

Bank of America is facing a new $200 million lawsuit from Swiss bank UBS, claiming the financial institution has failed to meet its indemnification obligations in litigation over mortgages issued prior to the 2008 financial crisis. The complaint, filed in Manhattan state court on Wednesday, alleges Countrywide Financial— which was…

Is Germany the Next Frontier for US-Style Class Actions?

When managing partner Katharina Kolb opened the Munich office of U.S. law firm Lieff Cabraser Heimann & Bernstein in 2020, she knew her business would differ significantly from her U.S. colleagues. The firm is well-known for representing plaintiffs in U.S. class action lawsuits but that’s hardly a profitable business model…

Rear-End Collision With Tractor-Trailer Results in 5K Settlement

A rear-end collision with a tractor-trailer ended in a more than $500,000 settlement. The case, Stanley v. Ball, was filed in Middlesex County Superior Court. The plaintiff was represented by David Rehe of Brandon J. Broderick Personal Injury Attorney at Law in River Edge, New Jersey. Thomas Gallagher of Thomas…