Westlaw Journals weekly round-up

April 25, 2014

Westlaw Journals Weekly RoundupHighlights from the past week’s litigation headlines over at the Westlaw Journals blog include stories about GM, a Maryland man’s guilty plea for insider trading, the Supreme Court’s accepts a third CAFA case, an ex-uranium processor faces lawsuits after dozens of deaths from radiation, and an Illinois appeals court reinstates a legal malpractice suit:

GM wants stay of ignition-switch suit pending other rulings: General Motors has asked a Texas federal judge to stay an ignition-switch defect suit involving a 2006 Chevrolet Cobalt while the automaker awaits a decision by the U.S. Judicial Panel on Multidistrict Litigation on whether to consolidate more than 30 similar actions filed around the country. GM, calling itself “New GM,” also said in its April 15 motion with the U.S. District Court for the Southern District of Texas that a stay is necessary because “Old GM,” the company that built the 2006 Cobalt, no longer exists after its post-bailout bankruptcy reorganization in 2009. (Automotive)

Maryland man to plead guilty to trading on inside info from ex-Wells Fargo banker: A Maryland man has agreed to plead guilty to criminal charges that he netted more than $650,000 in illegal profits by trading on inside information he learned from an investment banker about potential and upcoming mergers and acquisitions. The U.S. attorney’s office for the Western District of North Carolina announced April 3 that Walter D. Wagner, 33, of Rockville, Md., will plead guilty to one count of conspiring to commit insider trading. (Mergers & Acquisitions)

Supreme Court to decide evidence needed for CAFA removal: The U.S. Supreme Court agreed April 7 to determine how much proof a defendant must include with a notice of removal to show that state court claims meet the Class Action Fairness Act’s requirements for federal jurisdiction. Dart Cherokee Basin Operating Co. et al. v. Owens, No. 13-719, cert. granted (U.S. Apr. 7, 2014). This is the third case involving CAFA’s jurisdictional requirements that the high court has heard in its last two terms. (Class Action)

Former uranium processor faces 5 lawsuits over radiation deaths: Dozens of Missouri residents died from exposure to radioactive materials illegally dumped in St. Louis County by the owner of a former uranium processing facility, five federal lawsuits say. Uranium processing company Mallinckrodt Inc. is liable under the Price-Anderson Act, 42 U.S.C. § 2210, for causing bodily injury by improperly storing, disposing and releasing radioactive materials, according to the complaints filed in the U.S. District Court for the Eastern District of Missouri. (Toxic Torts)

Clients’ ‘unclean hands’ don’t bar suit when legal advice gets them dirty, appeals court says: Two business owners in Illinois have won reinstatement of their malpractice action against an attorney whose advice allegedly caused them to violate consumer protection laws. On Mar. 31 a state Appellate Court panel reversed a trial judge’s finding that the doctrine of unclean hands prevented the clients from suing for malpractice. (Professional Liability)