Articles by Tom Hals

Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets

A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc. tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The April 27 ruling …

Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal

Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in 2016 to acquire SolarCity Corp, where Musk was chairman and the largest shareholder, a Delaware judge ruled on Wednesday. Tesla …

New York Times Sues Defamation Plaintiff Under Expanded Anti-SLAPP Law

The New York Times sued an anti-immigration author for the cost of defending itself against defamation in the first lawsuit of its kind under New York’s recently expanded “anti-SLAPP” law to protect critical speech. The company is seeking unspecified fees …

Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …

Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …

Purdue Pharma Judge Overrules DOJ to Approve $6 Billion Opioid Settlement

The judge overseeing Purdue Pharma’s bankruptcy has approved a $6 billion opioid settlement funded by its Sackler family owners, overruling objections from the Department of Justice and 20 states that opposed the deal. Under the settlement, the Sacklers would pay …

Purdue Pharma Judge Overrules DOJ to Approve $6 Billion Opioid Settlement

The judge overseeing Purdue Pharma’s bankruptcy on Wednesday approved a $6 billion opioid settlement funded by its Sackler family owners, overruling objections from the Department of Justice and 20 states that opposed the deal. Under the settlement, the Sacklers would …

Judge Greenlights J&J Strategy to Resolve Talc Lawsuits in Bankruptcy Court

Johnson & Johnson can use the bankruptcy system to resolve multibillion-dollar litigation claiming its talc products cause cancer, a U.S. judge ruled on Friday, signing off on a legal maneuver that enables the company to avoid fighting more than 38,000 …

J&J Unit Proposes Independent Exam If It Remains in Bankruptcy

A Johnson & Johnson subsidiary proposed on Friday that it would submit to an independent examination of the corporate restructuring the healthcare giant undertook in an attempt to settle in U.S. bankruptcy court thousands of lawsuits alleging that J&J baby …

Gunmaker Remington to Pay $73M to Settle Liability Claims With Sandy Hook Families

Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook Elementary School massacre, the families said on Tuesday, the first time a gunmaker has been held responsible for a mass …