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November 14, 2013

In the News Today – November 14, 2013

Ecuador’s highest court affirmed a verdict against Chevron but cut the $19 billion verdict in half. Chevron is fighting the judgment in a New York court, accusing the plaintiffs’ lead lawyer of witness tampering and fraud. Wall Street Journal ($)

A judge in Philadelphia will allow a narrowed version of a class action that the Supreme Court decertified earlier this year. Legal Intelligencer

The Delaware Chancery Court will not enjoin a shareholder lawsuit filed in Louisiana despite a rule in the defendant company’s bylaws that such cases must be heard in Delaware. D & O Diary

The latest LegalView Legal Market Index found that legal spending by corporate clients dropped in the first nine months of 2013 compared to 2012. American Lawyer

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