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"Right now, you're not seeing as much litigation as you might expect" in the dot-com world, he said.
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He said: "In one sense, the wife did amazingly well to be able to obtain as much litigation funding as she did, given that she had no security to offer.
Of course, counsel did not make as much $$$ as if there had been litigation.
Take as much time as you want.
Though the deal price is about $270 million, JPMorgan has said that the true cost of acquiring Bear will be much higher — as much as $6 billion — when litigation, severance and other costs are taken into account.
The administration's arguments have focused on litigation strategy as much as principle.
Bank of America faces as much as $1.5 billion in additional litigation and regulatory costs across its businesses and a big battle with bondholders over faulty mortgages.
While analysts expect cost-cutting to drive the stock price, they also warn that J.P. Morgan may need to reserve as much as $3 billion to cover litigation over its involvement in the Enron and WorldCom bankruptcies.
In a regulatory filing last month, JPMorgan estimated that as of March 31 it might have to pay out as much as $4.5 billion more for litigation than it had set aside for that purpose.
And when Google closed the YouTube deal it set aside as much as $200 million for potential copyright litigation.
The second argument is not so much in favor of merger litigation, but an argument that all this litigation is actually for the benefit of targets and buyers as much as it is for plaintiffs' lawyers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com