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When Eight Figures Simply Won't Do
By Chip McCorkle
|September 1, 2008
Three of law firm Quinn Emanuel's biggest wins.
| Client | Opponent | Issue | Award |
|---|---|---|---|
| The six Yosemite/CLN Trusts | Citibank N.A. | Postbankruptcy, Enron refused to pay off its credit-linked notes because it claimed Citibank, which issued the notes, was complicit in its failure. The notes' holders went after Citibank. | Citi, Enron, and the trusts reached an agreement that scored $2.1 billion for Quinn's client. |
| GM accused VW of corporate espionage after exec Jose Ignacio Lopez de Arriortua left GM for a senior position at VW. | VW agreed to pay GM $1.1 billion. | ||
| Jan Henric Buettner and Andreas von Blottnitz | Bertelsmann AG | Two German nationals who helped develop AOL Europe in the late 1990s, accused Bertelsmann, the site's co-owner, of breaching a contract that promised them an equity stake. | A Santa Barbara jury gave the plaintiffs $1 billion. (The judge cut it to $295 million.) |