Tag Archives: Unprecedented

Cornerstone Research: 2017 Securities Lawsuit Filings at “Unprecedented Levels”

For the second straight year, securities class action lawsuit filings reached record levels in 2017, according to the January 30, 2018 report from Cornerstone Research. According to the report, entitled “Securities Class Action Filings: 2017 Year in Review” (here), securities … Continue reading

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UK ICO Issues Unprecedented Fine Against Mobile Phone Retailer for Lax Security

On January 8, 2017, the UK Information Commissioner (“ICO”) issued an unprecedented monetary penalty of £400,000 against British mobile phone retailer, The Car Phone Warehouse Limited. Following an attack on their system in 2015, the ICO found that the company … Continue reading

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The Precedential Value of an Unprecedented Sale – Lessons from Chrysler

On June 10, 2009, the sale of substantially all of Chryslers assets closed, just 42 days after the countrys third largest automaker filed for bankruptcy protection. The closing followed a contentious sale hearing before the Bankruptcy Court, an expedited appeal to … Continue reading

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