A U.S. appeals court sided with BP Plc in a securities fraud lawsuit arising from a 2006 Alaska oil spill, but the case isn’t over. BP discovered two oil spills in Prudhoe Bay, Alaska, in 2006, and a corporate subsidiary …
New York’s highest court Tuesday revived a lawsuit by several large banks challenging bond insurer MBIA Inc.’s 2009 restructuring, which they complained was unfair to policyholders. MBIA shares fell as much as 7.1 percent. The restructuring, approved by New York’s …
Altamonte Springs, Fl, 6/27/11 – North American Risk Services (NARS) has appointed Jon Palmquist to the newly created role of General Counsel and Director of Field Operations. Palmquist has more than 25 years of experience in the insurance and claims …
The family of a Massachusetts man killed in the Sept. 11, 2001 terrorist attacks says newly released court documents show security problems at Boston’s airport the day of attacks are to blame for the man’s death. The documents were filed …
The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one …
A federal judge has chosen a Utah crash that killed two people as the first bellwether trial in nationwide litigation over whether Toyota Motor Corp. made defective vehicles that sped up unexpectedly. U.S. District Judge James Selna chose the case …
The hacking of a Sony Corp. customer database this spring has attracted class-action lawyers and consumers eager to cash in on the high-profile privacy breach. At least 40 lawsuits have been filed in U.S. federal courts — including at least …
When International Coal Group Inc. announced plans this month to sell itself, investor lawsuits challenging the deal were quickly filed in state courts in Delaware and West Virginia as well as in federal court. If corporate America has its way, …
A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd, …
On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for victims such as …
