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Ever wonder whether the shareholder suits that inevitably accompany takeover fights accomplish anything? Bernstein Litowitz says they do: The firm claims that the settlement it just reached with Yahoo! will do away with poison pill severance packages and make the company ripe for merger offers.
Ruling Blocks Realtor From Suing Over Comments on Rival's Blog
Adopting a broad reading of the federal Communications Decency Act, a 4-3 majority of the Court of Appeals ruled that New York City apartment rental agent and seller Christakis Shiamili is blocked from suing a rival company for anonymous comments in a February 2008 blog post about the New York real estate industry that accused Mr. Shiamili of being a racist, an anti-Semite, a wife-beater, an adulterer and a bad boss.Federal Securities Claim Dismissed as Already Decided in State Action
Holding that a New York state court had already adjudicated the dispute before it, a Southern District judge dismissed a filing based on the same facts as the previous case even though plaintiffs brought the second action under federal securities law. The decision by Judge John Keenan rested on the doctrine of res judicata, which precludes parties from re-litigating issues and claims already ruled upon in another court.EBay to buy mobile payments company Zong for $240M
PayPal owner EBay says it is buying mobile payments provider Zong for about $240 million in cash.View more book results for the query "*"
Natural Resources Defense Council Inc. v. U.S. Army Corps of Engineers
Army Corps of Engineers Breached Federal Statute By Failing to Take 'Hard Look' at Dredging's ImpactGovernor sues Illinois House Speaker
Illinois Governor Rod Blagojevich has sued the Speaker of the Illinois House of Representatives, Michael Madigan, saying Madigan has failed to convene special sessions of the legislature called by the governor.Deadline Looms for Disclosure of Offshore Accounts
The Voluntary Disclosure Practice, or VDP, for any taxpayer who has a previously undisclosed and untaxed interest in a foreign account or entity is set to expire Sept. 23.Trending Stories
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