Federal Express Corp. moved to bolster its argument in a case alleging the company's performance review process discriminates against older workers, telling the U.S. Supreme Court in oral argument Tuesday that timely notice and the opportunity for conciliation are required before an age discrimination private suit may be brought.
A shareholder has filed a proposed class action lawsuit against E-Trade Financial Corporation, alleging the company violated federal securities laws by misleading or not being forthright with investors.
An appellate court has refused to overturn a National Labor Relations Board ruling that cleared Smithfield Foods Inc. from claims that it illegally videotaped union organizers and that high-level managers threatened to close the plant because of unionizing efforts.
For the first time in 20 years, about 12,000 Hollywood writers walked off the job on Monday, after last-minute negotiations failed to bring about a resolution to writers' demands that they be given residual fees when their film and TV writing is put on the Internet.
Dozens of U.S. senators will ask President Bush on Tuesday to address a federal court decision which could cost the U.S. Department of the Interior billions of dollars in lost royalties on oil and natural gas leases in the Gulf of Mexico.
Arguing that seven remaining, non-settling defendants have no standing to object, the New York attorney general urged the court to ignore their request to hold off on granting preliminary approval to the indirect purchaser plaintiffs' settlements with Samsung Group and Winbond Electronics Corp.
Bankrupt lender American Home Mortgage Holdings Inc. asked a judge on Monday not to delay the $500 million sale of its servicing assets to AH Mortgage Acquisition Co., a company owned by investor Wilbur Ross.
With many Chinese companies looking to expand into Europe, Paul Hastings Janofsky & Walker LLP has hired attorney Raymond Wong to serve as a conduit between the two geographic areas.
Madison Square Garden LP has lost the first round of its lawsuit against the National Hockey League when a district court judge declined to issue a preliminary injunction on the league's plans to collectivize all team Web sites.
Bankrupt Delphi Corp. said Monday that it will ask the court to delay consideration of its reorganization plan and disclosure statement after key committees filed objections to recent amendments.
A class action shareholder lawsuit filed against reinsurance company Scottish Re and its underwriters will stay alive, although not intact, after a judge partially granted and partially denied the company's motion to dismiss the charges.
The U.S. trustee overseeing Tower Automotive Inc.'s Chapter 11 proceedings is asking the court to pare down Akin Gump Strauss Hauer & Feld LLP's fees by $77,788, arguing the firm's work for an ad hoc bondholders committee in the bankruptcy's early stages doesn't entitle it to payment from the estate.
A court on Thursday said that Judge Barbara Houser, a bankruptcy judge in Texas, should serve as the mediator in the bankruptcy case of Pacific Lumber Co.
Standard Chartered Bank is seeking roughly $2.7 million from the reorganized Enron Corp. for claims against several former Enron subsidiaries. The claims were allegedly not resolved in 2005, when SCB agreed to release Enron itself from a debt of $24.5 million.
The five major makers of artificial joints revealed that they have paid more than $200 million so far this year to doctors and hospitals as part of an agreement with the U.S. Department of Justice.
In the wake of Merrill Lynch Inc.'s disclosure that it will write down $8 billion due to subprime mortgage exposure, the U.S. Securities and Exchange Commission has reportedly decided to take a closer look at the way the investment bank values its mortgage-backed securities.
Although she threw out part of the case, a judge has said that a shareholder lawsuit alleging telecommunication software provider Openwave Systems Inc. engaged in illegal backdating of stock options can move forward.
The former chief internal auditor of Japan-based Sojitz Corp. of America filed a proposed class action lawsuit against the company Thursday alleging he was discriminated against because he is not Asian.
U.S. Philips Corp. has gained some ground from its appeal of a lower court’s decision in favor of Japanese rival Iwasaki Electric Co. Ltd., which was accused by U.S. Philips of infringing its patent related to mercury vapor discharge lamps.
Plaintiffs class action firm Cohen, Milstein, Hausfeld & Toll PLLC has expanded significantly, adding two new offices and several new partners in the past six months to enhance the firm’s abilities and talent particularly in the securities and antitrust areas.