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Mohawk Industries posts 3Q loss, weak 4Q outlook
NEW YORK AP - Floor coverings maker Mohawk Industries Inc. late Monday reported a third-quarter loss on a massive impairment charge, and issued fourth-quarter guidance far below Wall Street expectations.For the three months ended in September, Mohawk recorded a loss of $1.39 billion, or $20.37 per share, compared with a profit of $122.Allstate sues Fla. brain injury hospital
Allstate Insurance Company is suing a southwest Florida hospital that treats brain injured patients, alleging the hospital billed the insurance company for $7.6 million in unnecessary medical services.Why Are Minority Female Associates Leaving Law Firms?
It's no secret that most associates don't plan on spending their entire legal careers at one law firm. But some are more likely to head for the exits than others. Nearly half of all white male midlevel associates say they expect to be working at their current firm in five years, our Minority Experience Study shows. About 40 percent of minority male midlevels said the same. Of the minority female midlevels, fewer than a third planned to stay put. Why the difference? Our survey uncovers some reasons.Arbitrator or Judge: Who Decides?
Paul F. McCurdy, a partner at Kelley Drye & Warren, and James M. Moriarty, an associate at the firm, write that although the effect of the Supreme Court's decision in Rent-A-Center West Inc. v. Jackson on who decides issues of arbitrability may be minimal, the perceived effect of Jackson could spur the enactment of legislation or regulations prohibiting the use of mandatory pre-dispute arbitration provisions in agreements related to a wide variety of activity.Commentary: Prosecutor Picks Too Political
Now that Attorney General Alberto Gonzales has testified about the firings of several U.S. attorneys, the moment of highest drama in this story may have passed. But among the many things Americans are wondering about, at or near the top of the list is why a job as important as a federal prosecutor is often held by people so beholden to political whims.View more book results for the query "*"
Philly voters approve replacing property tax board
Voters in Philadelphia have approved a ballot measure to abolish a board that helped determine the tax due on every property in the city.Dramatic Court of Appeals Rulings and Lessons From Supreme Court
In her Trusts and Estates Update column, Ilene Sherwyn Cooper, a partner with Farrell Fritz, reviews recent decisions of interest involving privity, the allocation of legal fees, evidence of incapacity and res judicata.Trending Stories
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