Carlos Ghosn, the CEO and chairman of the Nissan-Renault-Mitsubishi Alliance and one of the world’s best-known businessmen, was arrested by Japanese authorities early Monday morning after an investigation sparked by a whistleblower revealed he underreported his income and misused Nissan company funds for years.
Bridal retail giant David's Bridal Inc. entered Chapter 11 in Delaware bankruptcy court on Monday with a proposed restructuring support agreement for a debt-for-equity swap in place, citing financial strain caused by its roughly $800 million in debt, most of which is set to mature in the next year.
The Trump administration on Monday fully restored the White House press credentials of CNN reporter Jim Acosta, ending a high-profile lawsuit days after a judge sided decisively with the news network.
An ex-convict who is challenging a federal ban on gun ownership by felons asked the U.S. Supreme Court on Friday to determine the legitimacy of acting U.S. Attorney General Matthew Whitaker, claiming that the controversial appointment was unconstitutional and that Deputy Attorney General Rod Rosenstein, not Whitaker, should be the named defendant in his case.
The trustee for Bernie Madoff’s fraudulent investment firm asked the Second Circuit on Friday to allow him to claw back Ponzi scheme proceeds transferred from foreign Madoff feeder funds, saying the efforts are a domestic application of U.S. law even if the money was sent overseas.
A New York City attorney pled not guilty Friday in New Jersey state court to charges of fatally shooting the mother of his daughter in their New Jersey home last month before allegedly fleeing to Cuba, while his lawyer called on prosecutors to turn over additional discovery about the case.
The Texas Supreme Court on Friday said the holders of a right of first refusal on mineral rights could not have discovered a sale had taken place without being notified, allowing the holders' suit to be filed after the usual four-year window.
Medtronic PLC unit HeartWare International told a Manhattan federal court on Friday that it will pay $54.5 million to investors to settle allegations that it misled them about the prospects of its MVAD heart pump and overstated its efforts to fix problems with the device.
The Texas Supreme Court on Friday restored a patient’s malpractice claim against a Beaumont hospital, finding the former patient’s expert medical report supported her allegation that the hospital’s nurses contributed to her paralysis.
The U.S. Supreme Court on Friday agreed to take a whistleblower False Claims Act case over a U.S. Department of Defense munitions disposal contract to address the issue of whether the "government knowledge" statute of limitations in FCA cases applies only when the government intervenes.
An automotive tool company infringed the trade dress of beverage giant Monster Energy Co.’s trademark green-and-black “monster” packaging with its “Monster Mobile” line of tools, a California federal jury found Friday, while declining to rule the infringement willful and awarding a $5 million verdict far short of the $50 million Monster sought.
Sen. Chuck Grassley, R-Iowa, chairman of the Senate Judiciary Committee, announced Friday he will take over the Senate Finance Committee next Congress, setting the stage for Sen. Lindsey Graham, R-S.C., to take over the judiciary panel.
President Donald Trump said Friday that he intends to nominate U.S. Environmental Protection Agency acting Administrator Andrew Wheeler to stay in the job for the long haul.