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Court Makes Accommodations to Allow Deaf Juror to Serve
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Microsoft to Add Skype in $8.5 Billion Deal
Looking to expand its online communications offerings, Microsoft said that it will pay $8.5 billion for Skype Global, the internet voice and video chat service. The all cash deal -- Microsoft's largest acquisition ever -- would give the software giant a leading communications brand to partner with its other products such as Outlook, Lync, and Xbox Live.Insurance Action Is Ordered Before Administrative Agency
MINEOLA In a case of first impression, a State Supreme Court justice has ruled that an insurer seeking monetary damages from a broker due to alleged negligence in computing premiums must first exhaust its remedies through the administrative agency created to regulate coverage of New York`s uninsurable motorists.BofA Counsel's Firing Not Caused by Merger Advice, SEC Says
In its ongoing battle to win court approval of a settlement with the Bank of America, the SEC insisted Wednesday that the bank's former GC, Timothy Mayopoulos, did not lose his job because he gave unwelcome advice about the bank's takeover of Merrill Lynch. Instead, the agency, in a "supplemental statement of facts," cited bank sources who indicated Mayopoulos was terminated to head off the departure of BofA's then-head of global corporate and investment banking, who briefly served as GC before replacing Kenneth Lewis as CEO.The Compromise and Release Agreement- May the Witness Be Excused?
Black's Law Dictionary defines the term "witness" as: "In general, one who, being present, personally sees or perceives a thing; to subscribe one's name to a deed, will, or other document, for the purpose of attesting its authenticity, and proving its execution, if required, by bearing witness thereto."Hellerstein Releases Opinion in Silverstein's 9/11 Lawsuit
Southern District Judge Alvin Hellerstein released findings of fact and conclusions of law on Thursday explaining his ruling that developer Larry Silverstein cannot recover $3.5 billion from airlines for damages to his property in the 9/11 terror attacks.Trending Stories
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