Baltimore Councilwoman Belinda Conaway is suing a political blogger and his publisher for $21 million for libel and defamation over a column that alleged she did not live in the city. The suit alleges an Examiner.com column by Adam Meister …
Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16 offices throughout the …
The White House Thursday pressed Congress to pass strong cybersecurity measures to protect consumers’ personal information and safeguard the nation’s financial system and electric power grid from potentially devastating attacks. Several cybersecurity bills have limped along in Congress over the …
Shareholders upset with ever-higher executive compensation packages are using new “say-on-pay” votes to challenge the payouts in court, a tactic raising eyebrows among legal experts. The lawsuits are zeroing in on companies that lose these advisory votes by shareholders on …
The recent hacker attack at Sony Corp. and other corporate data breaches are attracting more class-action lawyers eager to score a payday, though huge monetary settlements may be elusive. At least 25 lawsuits have been filed against Sony in U.S. …
Countries locked in long-running trade talks do not want the so-called Doha round to fail but may not have the political will to agree on how to cut industrial tariffs, the World Trade Organization (WTO) said on Thursday. “What members …
Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a great deal of discussion centering on …
After careful calculation Lloyd’s has announced its estimated net claims before tax from the earthquakes this year in Japan and New Zealand and the January 2011 floods in Australia. The current net estimates were given as follows: US$ 1.95 billion …
Arctic nations agreed on Thursday to improve cooperation including on preventing oil spills as a thaw of ice and snow opens access to the remote region’s rich mineral and petroleum resources. The Arctic Council, comprising eight countries that surround the …
Japan’s government agreed on Friday to set up a fund with taxpayer money to help Tokyo Electric Power compensate victims of the crisis at its tsunami-crippled nuclear plant and avoid financial collapse. The government will issue special-purpose bonds to help …
