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  • September 26, 2007

    No Pot Of Honey For Slesinger In Pooh Battle

    After a 16-year royalties war, Stephen Slesinger Inc. has lost an appellate battle with Walt Disney Co. over merchandise featuring Winnie the Pooh.

  • September 26, 2007

    No Federal Jurisdiction For Zyprexa Suit: Montana

    Montana wants its suit over Zyprexa, the antipsychotic whose alleged dangers have led maker Eli Lilly & Co. to shell out billions to plaintiffs, separated from the consolidated federal action and sent back to state court.

  • September 26, 2007

    SEC Probes Credit Agencies Over Subprime Loans

    The U.S. Securities and Exchange Commission is investigating whether credit rating agencies followed proper procedures regarding conflicts-of-interest when rating subprime mortgage-backed securities.

  • September 26, 2007

    EEOC Sues Adelphi U. For Gender Discrimination

    The Equal Employment Opportunity Commission has accused Adelphi University of paying female faculty members less than their male counterparts of similar qualification and seniority in a lawsuit brought on behalf of a putative class.

  • September 26, 2007

    Solutia, Calpine Seal $140M Deal

    The judge in chemical maker Solutia Inc.'s Chapter 11 proceedings has confirmed a $140 million deal with Calpine Central LP to settle the bankrupt energy company's unsecured claims over an alleged breach of contract.

  • September 26, 2007

    Dewey & LeBoeuf Is Christened

    Dewey Ballantine LLP and LeBoeuf, Lamb, Greene & MacRae LLP can begin printing their letterhead with the name Dewey & LeBoeuf LLP now that both firms' partners have thrown their weight behind the merger announced last month.

  • September 25, 2007

    Banks Protest Adelphia Bid To Strike Part Of Appeal

    Flanked by a host of other lenders, Bank of America has objected to the Adelphia Recovery Trust's motion to strike several statements from the group's appeal of fraud charges, arguing that the case over the telecommunications giant's collapse should be allowed to play out as it currently stands.

  • September 26, 2007

    Bankrupt Bear Stearns Funds Win Stay

    Two failed Bear Stearns Cos. hedge funds got a little more breathing room on Wednesday, after a bankruptcy court judge agreed to stay an earlier ruling that had blocked their bid for Chapter 15 bankruptcy protection.

  • September 25, 2007

    Calpine's Disclosure Statement Gets The Go-Ahead

    A federal judge on Tuesday gave Calpine Corp. the go-ahead to solicit creditor support for its reorganization plan, which calls for unsecured creditors to recover at least 95% of what they're owed.

  • September 25, 2007

    Fairfax Financial Plaintiffs Argue Against Dismissal

    The plaintiffs in a consolidated class action case against Canadian firm Fairfax Financial Holdings Ltd. alleging that the Canadian firm manipulated its financial appearance on Monday railed against the company for trying to dismiss their case.

  • September 25, 2007

    Tavern On The Green Hit With Race, Sex Suit

    Famed New York City restaurant Tavern on the Green is gaining a new sort of fame after finding itself the target of an U.S. Equal Employment Opportunity Commission lawsuit that alleges both racial and sexual discrimination at the upscale Manhattan eatery.

  • September 26, 2007

    Judge Limits Discovery In TFT-LCD Case

    A district court judge has granted the U.S. Department of Justice’s request to stay discovery in the consolidated antitrust class action alleging collusion among TFT-LCD manufacturers.

  • September 25, 2007

    Take-Two Wants Dismissal Of Plaintiffs' Take Two

    A committee appointed by videogame developer Take-Two Interactive Software Inc. to review legal action against company directors has asked a court to toss derivative claims from a purported shareholder suit.

  • September 25, 2007

    Supreme Court Agrees To Hear Rezulin Case

    The U.S. Supreme Court has agreed to hear an appeal brought by Pfizer Inc. that raises questions over whether federal regulations exempt drug companies from state product liability claims.

  • September 25, 2007

    MasterCard Loses Bid To Disqualify Plaintiffs' Attorney

    A judge ruled Monday that a former Department of Justice lawyer will be allowed to represent plaintiffs in an antitrust case against MasterCard Inc. over its interchange fees, despite his involvement in a federal investigation of the company, and a subsequent civil suit against it.

  • September 25, 2007

    SEC Charges 14th Trader In Stock-Loan Kickback Scam

    The U.S. Securities and Exchange Commission on Monday took legal action against another trader at a major brokerage firm in connection with a multimillion-dollar stock-loan scam that last week saw charges laid against more than a dozen Wall Street workers.

  • September 26, 2007

    AMO Wins Summary Judgment In LASIK Patent Case

    A court ruled Tuesday that a doctor who says that she invented the technology behind the popular LASIK vision correction surgery had waited too long to sue the current holders of patents on the technology for her rights as inventor.

  • September 24, 2007

    Guidant Fights Health-Care Providers' Appeal Attempt

    Guidant Corp. is fighting a request by third-party health-care providers to finalize a judgment in product liability litigation against the medical device company over allegedly faulty implantable heart defibrillators.

  • September 24, 2007

    Parmalat Units Take Claims To Appeals Court

    Two insolvent Parmalat SpA subsidiaries have taken their claims against six of the Italian dairy company's ex-financial partners to an appeals court, seeking to overturn a district court ruling that tossed their complaints.

  • September 24, 2007

    HSBC, Bank Of NY Seek Trustee For Calpine Units

    Calpine Corp. on Monday filed its third amended Chapter 11 plan, which includes language specifying that consummation and confirmation of the plan are contingent on the bankruptcy court allowing Calpine to substantively consolidate all of the debtors' estates.