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August 23, 2013 | Daily Business Review

Sales of New U.S. Homes Fell More Than Forecast in July

Purchases of new U.S. homes plunged in July by the most in more than three years and previous months were revised down, a sign that growth in the industry may be taking a pause as mortgage rates rise.
4 minute read
November 19, 2008 | Daily Report Online

Marc Jacobs firm pays $1M to settle NY scandal

NEW YORK AP - A company founded by fashion designer Marc Jacobs has paid $1 million to resolve an allegation that it bribed a New York state employee.Marc Jacobs International was accused last winter of repeatedly paying off a superintendent at a National Guard armory so it could secure the building for its celebrity-studded fashion shows in New York City.
1 minute read
June 30, 2011 | New York Law Journal

Challengers Settle Suit Over NYSE Deal

The shareholder suits started pouring in just one day after Deutsche Boerse AG announced its proposed $9.53 billion buyout of NYSE Euronext on Feb. 15. And with NYSE shareholders poised to vote on the deal July 7, the defendants have decided to settle. Under the terms of the agreement, NYSE and Deustche Boerse agreed to pay NYSE shareholders a $905 million dividend following the merger's completion.
2 minute read
November 30, 2011 | Law.com

Bahrain Firm Seeks $1 Billion in Damages for Alleged Alcoa Bribes

In a complaint filed Monday in Pittsburgh federal court, Aluminum Bahrain BSC alleges that it overpaid $420 million for raw materials from 1997 to 2009 because companies affiliated with Alcoa and controlled by a billionaire businessman paid millions in bribes to company executives and Bahrain officials.
4 minute read
March 14, 2003 | New York Law Journal

in brief

3 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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August 17, 2007 | Law.com

Multiple Lawsuits Allege Laxative Causes Kidney Failure

A popular over-the-counter laxative used to flush out patients' bowels before procedures such as colonoscopies has caused serious kidney damage and even death, a series of lawsuits filed across the country alleges. The lawsuits target Fleet Phospho-soda, made by C.B. Fleet Co. Inc. of Lynchburg, Va. More than 50 have already been filed in at least 20 states, Stephen Foley, one of the lawyers involved in the litigation, said Thursday. Nine of them were filed this week in federal court in Minnesota.
5 minute read
November 03, 2011 | Daily Business Review

Trio helps unsecured creditors get nearly $2 million settlement

Plaintiff lawyers Jeffrey P. Bast, Dana R. Quick and Brett Amron argued that Advanced Blast Protection directors failed to implement a business plan that would generate profits.
3 minute read
June 05, 2006 | National Law Journal

High Court to Hear Public School Affirmative Action Cases

Three years after the Supreme Court upheld race-conscious admission policies in higher education in the Grutter v. Bollinger decision, two new cases will test whether that precedent carries over into the different setting of public elementary and high schools.
4 minute read
April 14, 2000 | Law.com

Court Finds Use of Paid Informants Did Not Violate Law

Federal prosecutors do not violate the federal anti-gratuity statute by using paid informants to gather information and then calling them as witnesses at trial, the 3rd U.S. Circuit Court of Appeals ruled. Although the statute bars "whoever" from giving "anything of value to any person" for his testimony, the court found that Congress did not mean to include the United States in that definition.
6 minute read
March 22, 2012 | New Jersey Law Journal

Instead of Same-Sex Marriage, We Need a Better Civil Union Law

There is an urgent need to adopt new legislation, regulating "civil unions similar to marriage."
1 minute read

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