Citing corruption in the Ecuadorean court where Chevron Corp. is battling a high-profile environmental suit, the oil giant has filed for an arbitration proceeding under a 1997 trade treaty that would short-circuit the $27 billion pollution claims.
AstraZeneca Pharmaceuticals LP has lost an appeal of a $12.9 million decision in litigation over average wholesale drug prices and earned a fresh rebuke from the appeals court for its “unfair and deceptive” pricing policies.
As more law firms and law departments make the move to electronic billing, corporate clients are finding they can use the systems for more than just catching improper billings.
Real estate investment trusts Colony Financial Inc. and Apollo Commercial Real Estate Finance Inc. halved their proposed initial public offerings Wednesday.
A New York appeals court has revived a group of investors' arbitration claim against financial services firm Credit Suisse Group AG, reversing a lower court's ruling that the investors filed the claim too late.
U.S. House of Representatives Financial Services Committee chairman Barney Frank, D-Mass., proposed changes Wednesday to one of the Obama administration's key consumer protection provisions in its financial regulatory overhaul, even as the administration continued its push for quick passage of the proposal.
The acting chairman of the U.S. Equal Employment Opportunity Commission on Wednesday pledged strong backing from the Obama administration for long-delayed legislation that would prohibit employment discrimination on the basis of sexual orientation or gender identity.
Indicating a growing rift among businesses in dealing with climate issues, California-based Pacific Gas & Electric Co. has pulled out of the U.S. Chamber of Commerce, citing “fundamental differences” with the business group’s battle against legislation to reduce greenhouse gas emissions.
Overturning several previous opinions, New York's highest court in a 4-3 decision Tuesday ruled that Gov. David Paterson had exercised appropriate authority in appointing former Metropolitan Transit Authority boss Richard Ravitch as lieutenant governor in July.
The U.S. Department of the Treasury and Department of Energy have handed out an additional $550 million under a stimulus package program that allows approved businesses to receive direct payments — not tax credits — for biomass, solar, wind and other renewable energy projects.
The White House has announced that it plans to nominate current U.S. “border czar” Alan Bersin to take over the top position at U.S. Customs and Border Protection.
The biggest mistake lawyers make when writing up a petition for a writ of certiorari is thinking of it as just another appeal, experts say. Here is a list of tips compiled by Law360 for filing a cert petition that is sure to pique the interest of U.S. Supreme Court justices.
Citing free speech concerns, a federal appeals court has ordered the Federal Election Commission to vacate regulations restricting the amount of money so-called 527 groups can spend on election-season activities, agreeing with one such group’s challenge to the rules.
U.S. Securities and Exchange Commission Chairwoman Mary Schapiro told Congress on Tuesday that the Obama administration's market regulation proposals need some changes, particularly in how over-the-counter derivatives are regulated and how disputes between the SEC and the U.S. Commodity Futures Trading Commission should be settled.
An adviser to the European Union's highest court has recommended that Google Inc. be allowed to continue selling keywords that correspond to trademarks, siding against companies that have claimed the practice undermines their brands by highlighting Web sites for their competitors and counterfeiters in Internet search results.
A California appeals court has reinstated a purported class action against Pottery Barn Inc. over its practice of asking customers for their e-mail addresses when making a credit card purchase, ruling that the federal anti-spam law does not preempt state legislation barring stores from seeking personal information at checkout.
A federal judge has granted preliminary approval of a $41.5 million settlement in a multidistrict litigation asserting breach of contract and product liability claims against Schering-Plough Corp. and Merck & Co. Inc. over the marketing of cholesterol drug Vytorin.
The European Commission released new details Monday on its May decision to impose a record-breaking €1.1 billion ($1.56 billion) fine against computer chip giant Intel Corp. for alleged monopoly abuse, barely a week after Intel's claims that the antitrust regulator failed to conduct a proper analysis surfaced.
Energy law expert Suedeen G. Kelly has decided not to serve a third term on the Federal Energy Regulatory Commission, despite President Barack Obama's decision in March to reappoint the commissioner from New Mexico.
The chairman of the Federal Communications Commission strongly backed so-called net neutrality in a speech Monday, laying out a plan for creating new rules that would prevent Internet service providers from blocking services or content and setting the stage for a potential battle with telecommunications companies.