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Heller Creditors Target Accountants
New bankruptcy papers unveil a settlement plan that ups the payout for employees, and show that creditors of Heller Ehrman seem to be sizing up accountants at Ernst & Young for a lawsuit.DeWitt Stern Group v. Eisenberg
Non-Compete Clause Allows for Solicitation Of Clients by Prior Ties, Independent EffortsView more book results for the query "*"
Thomas v. Omar Investments Inc.
Because the Carpet Mills of America defendants' motion for summary judgment did not specifically state which elements of the Thomases' claims lacked supporting evidence and relied on the affirmative defense of disclaimer as a basis for no-evidence summary judgment, the court finds that the no-evidence summary judgment motion was improperly granted.Treasury lines up 13 law firms to help run TARP
In one of the federal government's biggest legal services contracts ever, the Treasury Department has hired 13 law firms to help run the Troubled Assets Relief Program at a cost to taxpayers of up to $100 million.But the TARP watchdog, the Congressional Oversight Panel, has faulted the agency for excessive secrecy when it comes to its outside counsel, as well as the potential for conflicts of interest in managing the $700 billion program.GM to let 2011 Corvette buyers help build engines
General Motors Co. said Monday that buyers who order a 2011 Corvette Z06 or ZR1 can help assemble their cars' high-performance LS7 and LS9 engines. The automaker believes the program is the first of its kind in the industry.Liberty Media and Time Warner Engage in Tax-Free Swap Involving Atlanta Braves
The Time Warner-America Online merger, widely viewed as one of the worst in U.S. corporate history for individual investors, didn't hurt Liberty Media. The Colorado-based media conglomerate acquired about 170 million Time Warner shares in 1995, for about $300 million, and is now ready to cash in -- exchanging 60 million shares for the Atlanta Braves, $1 billion cash and another asset. Liberty Media is preparing to recognize a deferred tax gain of about $1.4 billion -- and Time Warner is sitting pretty too.Trending Stories
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