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In Association With Lieff, Cabraser, Heimann, & Bernstein, LLP

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July 2016 Archives

Why was the Canadian Imperial Bank of Commerce at fault?

The Canadian Imperial Bank of Commerce was sued after the American housing market crashed in 2008. It was a huge lawsuit that launched with a multi-billion dollar goal. So, why was the CIBC at fault, considering the crash happened in the United States?

Why was the Vioxx settlement approved?

In 2013, a settlement was approved for those who had used the painkiller Vioxx. It had only been sold until 2004, but it was found that those who used it had a higher risk of circulatory problems, such as heart attacks and strokes. These could cause serious injuries, lasting health issues and even death.

Oil companies may have neglected to warn shippers before fire

A case regarding the shale oil explosion on a train going from New Town, North Dakota to New Brunswick has been going on for some time, as those injured in the event are trying to seek compensation from the shippers and purchasers. However, two huge oil-related companies -- the Slawson Exploration Company and the Marathon Oil Corporation -- were more recently added to the case. This is being seen as a way to pressure "big oil" into taking some responsibility for what happened.

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