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Litigation 2010 (2)

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RankingCommended
InnovationFreddie Mac securities fraud class actions
Originality6
Rationale6
Impact6
Total18
DescriptionReversing the trend for longer, more complicated claim documents, the firm successfully revitalised a 1930s rule that requires plaintiffs to file a plain and simple claim. A useful defence tool against a glut of sub-prime class-action suits

Litigation 2010

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Rankings at a glance
RankingCommended
InnovationSupreme Court decision for the Mutual Funds industry
Originality6
Rationale6
Impact6
Total18
DescriptionChallenging the perceived wisdom in cases attacking the size of advisory fees charged by mutual funds, the firm convinced the court to determine an action in favour of its client without a full hearing. The case was the first of its kind to reach the Supreme Court, where the existing standard for evaluating fees was affirmed