A judge has tossed out most of the claims in a copyright infringement lawsuit brought against a Citigroup Inc. subsidiary and its counsel by software company FM Industries Inc. over a program used to manage debt collection information.
H&R Block Inc. and its financial services unit have asked a federal judge to overturn a nearly $4 million arbitration award issued to a former company executive, arguing that the arbitration panel improperly asserted jurisdiction over his claims and disregarded the law in its decision.
The U.S. government has lost yet another case stemming from the savings and loan collapse of the late 1980s and has been ordered to pay Washington Mutual Savings Bank Inc. $382 million in damages.
The ongoing stock market turmoil has prompted another law firm to form a specialty practice area focused on subprime and distressed assets. Andrews Kurth LLP has drafted professionals from a variety of groups to form a mixed disciplinary team aimed at guiding clients through the credit crunch.
A federal judge ruled Tuesday that a Microsoft Corp. patent on a method for replicating data files is invalid, handing a victory to a Symantec Corp. subsidiary in its ongoing dispute with Microsoft over patents and trade secrets.
A deep divide is emerging between employers and unions over the Employee Free Choice Act, which would allow employees to form unions through card checks and stiffen penalties against employers that interfere with union efforts.
A court battle that has lasted more than 13 years may finally draw to a close, now that an appeals court has awarded Fifth Third Bank of Western Ohio $76.5 million in a case stemming from the savings and loan scandal of the 1980s.
A group of banks has won the latest round in a long-running breach of contract case filed over legislation targeting banks that had snapped up failed savings and loan associations. The banks successfully argued against the U.S. government's appeal of a summary judgment ruling in their favor.
A court has reduced the award of Nicaraguan banana workers harmed by pesticides used in Dole Food Co.'s banana plantations from $5 million to roughly $1.58 million. The court found that any punitive damages award in the case would be arbitrary.
Addressing the increase in government investigations into the subprime mortgage crisis, Kilpatrick Stockton LLP has expanded its Subprime and Credit Markets Litigation Team to include lawyers with expertise in special investigations and white-collar crime.
A judge has dismissed a claim in an insurance company lawsuit alleging that a pre-owned Sears Roebuck & Co. lawnmower started a fire at a Delaware couple's property in 2006.
A federal court dealt a setback Wednesday to a competition suit by a group of franchised pharmacies, requiring them to file a more definite complaint against the franchiser and dismissing altogether a joint complaint against the parent company, Cardinal Health.
A state court has granted class certification to New York City construction workers of bankrupt Cema Construction Corp., who have accused the company of failing to pay prevailing wages to employees who worked on public construction projects.
A federal judge has issued a preliminary injunction against a California technology company whose founder allegedly used trade secrets he learned while employed at Verigy Inc. to create a new product.
HTFC Corp. CEO Aaron Wider was fined more than $16,000 on Friday after exhibiting “outrageous” conduct in depositions for the ongoing case between Wider's company and the two banks to which it sold millions of dollars of allegedly fraudulent loans. Wider's attorney was also sanctioned for his "complicity" in the conduct.
An investment management firm that oversees $1.3 trillion in assets has agreed to pay $500,000 to settle a suit filed by the U.S. Equal Employment Opportunity Commission in 2004 on behalf of a black worker who claimed the company retaliated against him for complaining about discrimination.
The U.S. Consumer Product Safety Commission has tapped Akin Gump Strauss Hauer & Feld LLP partner Cheryl Falvey to be the agency's new career general counsel.
American Electric Power Co. Inc. has received $255 million from a Suez Energy North America Inc. subsidiary under the terms of a settlement that puts to rest a long-standing breach of contract dispute between the two companies.
A Providence Equity Partners Inc. affiliate has sued Wachovia Bank NA in an attempt to force the bank to follow through on an earlier pledge to help finance the private equity firm's $1.1 billion purchase of 56 television stations from Clear Channel Communications Inc.
Prudential Financial Inc. has been sued by a group of current and former employees for $6.5 billion in damages, alleging fraud and breach of contract claims, the company revealed Wednesday.