Recent Updates

  • IBM files court motion to depose Daniels, aide

    IBM files court motion to depose Daniels, aide

    Business Law 03/31/2011

    Gov. Mitch Daniels and his chief of staff were both deeply involved in Indiana's decision to outsource the automation of welfare intake, and they should provide depositions in lawsuits over IBM Corp.'s cancelled $1.37 billion contract in the project,...

  • Delaware court upholds Barnes & Noble ruling

    Delaware court upholds Barnes & Noble ruling

    Business Law 03/04/2011

    The Delaware Supreme Court has rejected an appeal by billionaire Ron Burkle in a lawsuit challenging a poison pill plan adopted by Barnes & Noble Inc. after he doubled his stake in the company.After hearing arguments Wednesday, the court on Thurs...

  • Murdoch firm to pay Insignia $125 million

    Murdoch firm to pay Insignia $125 million

    Business Law 02/10/2011

    Rupert Murdoch's News America Marketing has agreed to pay a whopping $125 million to settle a years-long lawsuit brought by tiny Insignia Systems Inc. that alleged Murdoch's people unfairly interfered and lied in attempt to take business from the Ply...

  • Ex-Va. business owner admits unemployment scam

    Ex-Va. business owner admits unemployment scam

    Business Law 02/02/2011

    A former business owner has pleaded guilty to scamming the Virginia Unemployment Compensation Program to pay his employees.Timothy Lynn Skinner pleaded guilty Tuesday in federal court in Roanoke to theft of public money.U.S. Attorney Timothy J. Heaph...

  • 91,000 Gulf oil spill claims, just 1 final payment

    91,000 Gulf oil spill claims, just 1 final payment

    Business Law 02/01/2011

    BP's compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a company after the oil giant interven...

  • Verizon challenges FCC's net neutrality rules

    Verizon challenges FCC's net neutrality rules

    Business Law 01/21/2011

    Verizon says it has filed a court challenge to new federal regulations that prohibit broadband providers from interfering with Internet traffic flowing over their networks.A divided Federal Communications Commission adopted the "network neutrality" r...

  • Court: Oracle owed interest by SAP in settlement

    Court: Oracle owed interest by SAP in settlement

    Business Law 12/29/2010

    A U.S. District Court judge said SAP AG owes Oracle Corp. interest on the $1.3 billion it has been ordered to pay Oracle for copyright infringement, Bloomberg reports.Walldorf, Germany-based SAP said the interest works out to about $16.5 million acco...

  • Bank of America stops handling WikiLeaks payments

    Bank of America stops handling WikiLeaks payments

    Business Law 12/18/2010

    Bank of America Corp. has joined several other financial institutions in refusing to handle payments for WikiLeaks, the latest blow to the secret-releasing organization's efforts to continue operating under pressure from governments and the corporate...

  • MGM restructuring plan approved by court

    MGM restructuring plan approved by court

    Business Law 12/03/2010

    Struggling U.S. movie studio Metro-Goldwyn-Mayer Inc.(MGM) said Thursday its restructuring plan has been approved by a federal bankruptcy court, allowing it to emerge from bankruptcy protection.Under the new plan, the company's lenders will exchange ...

  • Supreme Court Ends Tiffany's Fight Against eBay

    Supreme Court Ends Tiffany's Fight Against eBay

    Business Law 11/30/2010

    The Supreme Court declined to hear an appeal by Tiffany's in its ongoing suit against eBay, effectively closing the case in favor of the online auction house. The original suit, filed in 2004 and heard in 2007, claimed that eBay was not doing enough ...

  • $450m class action launched against NAB

    $450m class action launched against NAB

    Business Law 11/28/2010

    A $450 million class action is being launched on behalf of National Australia Bank shareholders who lost money during the global financial crisis because of NAB's exposure to toxic debt.Legal firm Maurice Blackburn will lodge the claim in a Victorian...

  • Companies crank up deal machine, put cash to work

    Companies crank up deal machine, put cash to work

    Business Law 11/16/2010

    From Caterpillar to Chevron to Google, some of the best-known names in corporate America are scooping up smaller companies, finally putting the piles of cash they've been sitting on to use and positioning themselves for a stronger economic recovery.T...

Business News

St Peters, MO Professional License Attorney Attorney John Lynch has been the go-to choice for many professionals facing administrative sanction. >> read