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Squatter rent' may boost spending as mortgage holders bail
Melissa White and her husband stopped paying their mortgage in May 2008 after it reset to $3,200 a month, more than double the original rate. That gave them extra cash to pay off debts and spend on staples until their Las Vegas home sold two years later for less than they owed.
Plaintiffs firm files suit over consortium work
Plaintiff law firm Sheller P.C. has sued two Florida law firms that headed up the consortium representing claimants seeking damages from the BP oil rig explosion and spill.
Dunkin' Brands seeks IPO premium to Starbucks
Dunkin' Brands Group Inc., operator of Dunkin' Donuts coffee shops, plans to offer shares at a premium to Starbucks Corp. as it accelerates a U.S. expansion.
HP and Dell: PC makers in desperate need of a reboot
Hewlett-Packard Co. used to be known as a place where innovative thinkers flocked to work on great ideas that opened new frontiers in technology. These days, HP is looking behind the times.Bank errors mar mortgage relief
Towana Gooch, a single mom who lives with her 10-year old daughter, was on the verge of losing her town house in suburban Maryland after her mortgage lender kicked her out of a government loan modification program. The problem, she says she was notified, was a 7-cent error.
Law Journal Press | Digital Book
New Jersey Business Litigation 2025
Authors: Paul A. Rowe, Andrea J. Sullivan
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Kerzner said to face possible loan default as creditors circle
Kerzner International Holdings Ltd., the company that built Atlantis resorts in the Bahamas and Dubai, faces a loan covenant test that may trigger a default as soon as next month, people with knowledge of the matter said.
Profits jumped, revenues edged higher and firms slashed head count
Margins matter. As most Am Law 100 firms faced another year of revenue growth that was weak at best, profit margins ? the measure of how efficiently a firm converts revenues to profits ? became more important than ever.
Report: Fund pressured Chevron plaintiffs not to settle for less than $900 million
An exhibit filed in Chevron's attempt to avoid paying an $18.2 billion pollution judgment indicates a litigation financing firm would reject a settlement valued at less than $900 million.A look at different size firms and varied practices reveals one constant: Deep work force reductions
Tough times hit law firms from a variety of regions, sizes and practice types.
Judge orders DLA Piper to give documents to Roger Clemens
Lawyers for Roger Clemens won access to information the law firm DLA Piper wanted to keep secret from the defense team on the ground the attorney work product doctrine shielded the documents from disclosure.Trending Stories
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