http://www.law360.com/ Latest articles for organization: Citigroup Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/132757 A judge has tossed all claims against Constar International Inc., citing its filing for Chapter 11 protection, in a consolidated securities fraud class action alleging the plastic container maker and several financial firms made misleading statements to investors about Constar's 2002 initial public offering. http://www.law360.com/articles/132757 http://www.law360.com/articles/130713 Although various financing mechanisms have been used to provide multimillion-dollar funding for energy transmission infrastructure projects, a new public-private partnership model has emerged in this decade. An analysis of projects using this model demonstrates the advantages and challenges that financing such projects presents, says Ann Warren of Foley & Lardner LLP. http://www.law360.com/articles/130713 http://www.law360.com/articles/132886 Citigroup Inc.'s life insurance subsidiary Primerica Inc. will make an initial public offering of 100 million shares of its stock, as part of the banking giant's continued efforts at selling units outside its primary business. http://www.law360.com/articles/132886 http://www.law360.com/articles/132318 A federal judge has agreed to retain jurisdiction over a derivative suit brought against Citigroup Inc.'s board of directors to avoid possible prejudice should the limitations period expire while a demand on the board is pending. http://www.law360.com/articles/132318 http://www.law360.com/articles/132052 Ocwen Financial Corp. has dropped its claims against Citigroup Global Markets Inc., formerly known as Salomon Smith Barney Inc., in a case where Ocwen and another firm alleged Citigroup left them stranded with about $120 million in illiquid, student loan-backed auction rate securities. http://www.law360.com/articles/132052 http://www.law360.com/articles/131890 A federal judge has dismissed a New York attorney's lawsuit alleging Citigroup Inc. abused its dominant position in the airline special facility bond underwriting market to block the use of a new method she invented for financing airline terminal projects. http://www.law360.com/articles/131890 http://www.law360.com/articles/131905 California's highest court has let Citigroup Inc. off the hook in a dispute with a former employee over whether the company's voluntary incentive compensation plan offering reduced-price restricted shares of company stock in lieu of cash violates California labor law. http://www.law360.com/articles/131905 http://www.law360.com/articles/131712 CIT Group Inc. has slid into Chapter 11 bankruptcy, an action that will likely cost U.S. taxpayers $2.3 billion and raises questions about the lender’s ability to continue to service a broad swath of the small business and middle-market sectors. http://www.law360.com/articles/131712 http://www.law360.com/articles/131629 At the behest of unsecured creditors and the U.S. trustee overseeing the Chapter 11 bankruptcy of Lyondell Chemical Co., an examiner has been appointed by the court to probe certain concerns about Lyondell's actions since it first sought bankruptcy protection earlier in 2009. http://www.law360.com/articles/131629 http://www.law360.com/articles/131523 China Minsheng Banking Corp. Ltd. has announced it will hold an initial public offering on the Stock Exchange of Hong Kong, which will reportedly also see an IPO for gaming company Las Vegas Sands Corp. http://www.law360.com/articles/131523 http://www.law360.com/articles/131409 A federal appeals court has upheld the certification of a securities class action claiming that Constar International Inc. and several financial firms misled investors about the plastic container manufacturer’s 2002 initial public offering by touting the company as strong and competitive when its business was allegedly deteriorating. http://www.law360.com/articles/131409 http://www.law360.com/articles/130189 Days after reportedly locking Republicans out of committee meetings to avoid being forced to subpoena lending records from Countrywide Financial, U.S. House of Representatives Oversight Committee chairman Ed Towns, D-N.Y., announced that the committee will issue a subpoena after all. http://www.law360.com/articles/130189 http://www.law360.com/articles/130048 Patent-holding company Actus LLC has dropped its claims against Google Inc. in a lawsuit against nearly two dozen technology companies over patents related to an electronic payment system. http://www.law360.com/articles/130048 http://www.law360.com/articles/129960 A $336 million settlement a class of consumers reached with credit card companies and banks accused of breaching federal and state antitrust laws by colluding to fix foreign currency fees has been granted approval by a federal judge, three years after the defendants put the money away in escrow to repay the plaintiffs. http://www.law360.com/articles/129960 http://www.law360.com/articles/129962 Top executives at seven companies still receiving assistance from the U.S. government's $700 billion Troubled Asset Relief Program — including Bank of America Corp., General Motors Co. and American International Group Inc. — will see their pay slashed starting in November, the official charged with monitoring executive compensation at bailout companies said Thursday. http://www.law360.com/articles/129962 http://www.law360.com/articles/129784 M&T Bank Corp. has reached a licensing agreement with DataTreasury Corp., ending the regional bank's involvement in an ongoing patent infringement suit over electronic check-imaging and other banking technology. http://www.law360.com/articles/129784 http://www.law360.com/articles/129690 The Obama administration's executive pay czar has reportedly decided to cut compensation by as much as 90 percent for the 25 top executives at seven companies — including Bank of America Corp., Citigroup and General Motors Co. — that received large amounts of federal bailout money from the Troubled Asset Relief Program. http://www.law360.com/articles/129690 http://www.law360.com/articles/129400 The plaintiffs in multidistrict legislation that accuses the nation's top banks of bilking consumers with egregious overdraft fees are seeking to add more meat to their allegations. http://www.law360.com/articles/129400 http://www.law360.com/articles/129451 Following in the footsteps of numerous other banks, Citigroup Inc. and its subsidiaries have reached a truce with TQP Development LLC in a patent infringement suit over technology for online encrypted data transmissions. http://www.law360.com/articles/129451 http://www.law360.com/articles/129375 Sen. Chris Dodd, D-Conn., has introduced a bill to rein in banks' overdraft fees, saying the penalties for overdrawing accounts are abusive and can hit customers with hundreds of dollars in charges before they even know their accounts are short on funds. http://www.law360.com/articles/129375