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News
December 3, 2013

In the News Today – December 3, 2013

A federal court ruled that the judge in the gulf oil spill settlement must address whether claimants actually suffered damages directly related to the spill. The judge previously argued that he only needed to ensure that the fund administrator was using proper accounting methods, regardless of whether losses were spill-related. Wall Street Journal ($)

The National Defense Authorization Act has the potential to reverse, in part, the Supreme Court’s Kiobel decision and turn the Anti-Terrorism Act into a mini Alien Tort Statute, John Bellinger writes in Lawfare.

Bank of America had agreed to pay $404 million to Freddie Mac to settle claims relating to defaulted mortgages. Wall Street Journal ($)

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