Bank of America

TD Bank settles overdraft fee litigation for $62 million

By Ashley Post | May 14, 2012

Last week, Toronto Dominion Bank became the latest financial institution to settle with customers who accused it of charging them excessive overdraft fees.
BofA's CEO must submit to deposition

By Alex Vorro | April 13, 2012

It’s a general counsel’s worst nightmare come true. On Wednesday, New York Supreme Court Justice Eileen Bransten shot down Bank of America’s request to exclude its CEO Brian Moynihan from testifying in a lawsuit brought by bond insurer MBIA Inc.
“Pink slime” controversy continues to rage

By Alex Vorro | April 6, 2012

With headlines dripping with disgust lately like the juice from a “finely cooked” burger over the “pink slime” meat filler, it was only a matter of time before somebody bit back. Jeff Stier, a senior fellow at the National Center for Public Policy Research, penned an op ed in the...
AFA Foods files for bankruptcy over “pink slime” controversy

By Alanna Byrne | April 2, 2012

Beef-processer AFA Foods is filing for Chapter 11 bankruptcy, following recent media scrutiny of its “pink slime” meat filler.
Litigation: No whole business enterprise exception to single asset real estate provisions

By Randye Soref | March 8, 2012

Parent company Meruelo Maddux Properties Inc. (MMPI) and 53 of its subsidiaries filed Chapter 11 petitions in March 2009.
4 tips for working with regional law firms

By Ashley Post | March 1, 2012

Experts discuss how to form and maintain strong relationships
7 noteworthy in-house career moves

By Alanna Byrne | February 29, 2012

Charting some of the most recent GC and in-house appointments
How to determine the security of your data during e-discovery

By Stacy Jackson | February 28, 2012

In-house counsel have heard the horror stories about security breaches and the expenses and reputational damage those breaches can lead to.
Fannie Mae GC rumored to be candidate for new CEO

By Alex Vorro | February 17, 2012

While the search for a new CEO at Fannie Mae is still in the early stages, one horse seems to be standing out from the pack internally. GC Timothy Mayopoulos reportedly has emerged as the leading internal candidate to take over for CEO Michael Williams, who has announced plans to...
Facts & Figures: 5 sets of newsworthy data

By Alanna Byrne | February 17, 2012

An inside look at the numbers that count