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MetLife Says $10.9 Billion of Gains Erased in Bond Slump
MetLife, the largest U.S. life insurer, saw $10.9 billion in bond gains wiped out in the three months ended June 30 as interest rates rose, exceeding the decline in any quarter of the financial crisis.Cities across the U.S. gang up on gangs
TWENTY YEARS AGO, California cities pioneered the use of civil injunctions to stymie violent street gangs - and litigation over their use across the nation hasn't let up since. Because of its perceived quick success, cities across the United States have imposed their own anti-gang measures to clamp down on the spread of violent gang activity - despite the legal challenges and the complexity of bringing such actions.Daily Decision Alert: Vol. 7, No. 41 -- March 3, 1999
Stay Violation Damages -- Not Just a Debtor's Remedy Any More
Possibly the single most powerful tool available to a debtor in a bankruptcy proceeding is the automatic stay, which generally prevents creditors and other parties from taking action against the debtor's property without court permission.Daily Decision Alert: Vol. 7, No. 4 -- January 7, 1999
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Cite as: Libaire v. Kaplan, 06 CV 1500, NYLJ 1202480694166, at *1 (EDNY, Decided February 4, 2011)Senior District Judge Denis R. HurleyDe
E-Discovery Nightmare Arises on BP's Horizon
The legal strategies for BP and other companies involved in the Deepwater Horizon disaster have yet to be revealed. But one thing is certain. Their in-house legal departments are in the midst of an expensive and Herculean task -- discovery. And "It's going to be Enron on steroids."MCARE Coverage Fights Should Go to Commonwealth Court
Coverage disputes involving the MCARE Fund fall under the original jurisdiction of the Commonwealth Court and shouldn't be addressed by Pennsylvania Insurance Department administrative proceedings, a three-judge panel of the intermediate appellate court hBusiness is a family matter at some Georgia companies
By Andy Peters, Staff ReporterFamily ties seem to count at some Georgia companies.A review of proxies filed in the past year by publicly traded companies headquartered in Georgia reveals that more than a dozen pay six-figure salaries to the sons, daughters, in-laws, stepchildren, brothers, sisters, cousins and spouses of company executives and directors.Trending Stories
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