Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy. The remaining holdout creditors, led by hedge fund managers including Aurelius Capital Management LP, …
Lawyers for Detroit and a major creditor say they’re close to a settlement in the city’s bankruptcy case. The disclosure was made on Oct. 14 as Judge Steven Rhodes resumed a trial on Detroit’s plan to fix its finances. The …
The parents of an Oklahoma teenager killed in a drunken driving accident after he left an Ottawa County high school campus have settled a civil lawsuit against the school district. Duane and Donna Kerns sued the Fairland school board after …
Gonzaga University has paid $400,000 to the family of Christopher Gormley, a student from Everett who died on a kayak trip organized by the school. The 18-year-old Gormley was one of seven people on a kayak trip to Rock Lake …
The family of a 14-year-old Utah boy who say their son was bullied prior to committing suicide outside a school in a Salt Lake City suburb has reached a settlement with the school district, the two sides announced Monday. The …
Hundreds of thousands of people who got tickets when their vehicles were photographed running red lights in Missouri could be in line to get some money back, under a proposed legal settlement announced on Sept. 26. Attorneys for ticketed drivers …
Bank of America has agreed to pay $31 million to settle a class action lawsuit that claims mortgage borrowers were forced to maintain excessive flood insurance coverage. The Oregonian reports Friday that U.S. District Court Judge Michael Simon approved the …
A Minnesota man who alerted the U.S. Department of Defense to a Humvee manufacturing change that could potentially put soldiers at risk has won nearly $1 million after settling his whistleblower lawsuit. David McIntosh lost his job at M.K. Battery …
U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit’s bankruptcy trial on Sept. 16, giving the last major objector to the city’s restructuring plan time to rework its case. The hearing will be adjourned from Friday and reconvene …
Bastrop County in Texas has settled a federal lawsuit for $775,000 with the family of a high school student who suffered a brain injury after a deputy shot him with a Taser. The attorney representing Noe Niño de Rivera said …
