A Delaware bankruptcy court has given final approval to a settlement reached between Hancock Fabrics Inc. and its customers, bringing an end to a suit alleging that the company violated the Fair and Accurate Credit Transactions Act by printing credit card expiration dates on its receipts.
A patent suit filed by an Acacia Research Corp. subsidiary against several camera manufacturers has been consolidated with four countersuits into a single case for pretrial proceedings.
Employers are hitting a few snags when they try to enforce noncompetition agreements with their former workers who have crossed state or country borders.
A Delaware court has put the brakes on a lawsuit aimed at blocking the takeover of Bear Stearns Cos. by JP Morgan Chase & Co., staying the case until a New York court rules on a similar matter.
The chairman of the board of Sharper Image Corp. has quit to pursue a possible buyout of the bankrupt catalog retailer, the company announced Thursday.
Canada's attorney general has objected to a motion filed by bankrupt W.R. Grace & Co. seeking a bar date for asbestos claims against it, on the grounds that the motion would allow only claims regarding property in the U.S.
Hancock Fabrics Inc. has brokered an exit financing deal with General Electric Capital Corp., which has agreed to provide the bankrupt fabric company with a revolving credit line of up to $100 million.
A judge ruled on Tuesday that discovery in a patent dispute between pharmaceutical company Human Genome Sciences and rival Immunex Corp. over a type of protein that can be used to detect tumors can cover subjects the U.S. Patent and Trademark Office didn't address in an earlier interference proceeding.
Creditors in the bankruptcy of home lender American Home Mortgage Inc. have set their sights on Wall Street's biggest firms, accusing the banks of duping investors by making false and misleading statements about AHM public offerings.
On the heels of his success with Motorola Inc., billionaire activist investor Carl Icahn has sued Biogen Idec Inc. in hopes of compelling the biotechnology giant to turn over documents regarding its botched sale attempt last year.
The company that purchased American Home Mortgage Corp.’s loan servicing business many months ago is now pushing the bankruptcy court to force the bankrupt lender to close the deal.
In another attempt to block a generic version of its osteoporosis drug Actonel from the market, Procter & Gamble fired off a third suit against Teva Pharmaceutical Industries Ltd. Friday, again alleging infringement of its patent for Actonel's active ingredient.
JP Morgan Chase & Co. has launched a patent dispute against Affiliated Computer Services Inc., claiming the information technology company has long asserted invalid patents against rivals to uphold its dominant position as the company chosen by state governments to process child support payments.
Bankrupt software company SCO Group Inc. has withdrawn its reorganization plan and put its Chapter 11 exit plan on hold, after a private equity firm said it was changing its plans to buy SCO's stock and underwrite its ongoing trademark and licensing litigation.
A judge ruled on Thursday that Samsung Electronics Co. Ltd. could go forward with a lawsuit against rival ON Semiconductor Corp. seeking a judgment that it did not infringe three ON patents related to dynamic random access memory technology.
A federal judge has ruled that Becton Dickinson and Co. did not infringe two Abbott Laboratories patents for blood-glucose test strips, but infringement claims regarding two other patents can move forward.
The young carrier Skybus Airlines filed for Chapter 11 protection and ceased all operations Saturday, becoming the third airline in recent weeks to head into bankruptcy court.
Bankrupt jewelry retailer Friedman’s Inc. will liquidate approximately $400 million in inventory from 377 of its 455 stores nationwide, following a court order approving its emergency motion to sell off wares and close stores.
W.R. Grace & Co. has agreed to pay $1.8 billion over 26 years to settle the remainder of the 135,000 asbestos-related personal injury claims that forced the specialty chemicals firm into bankruptcy in 2001, the company said Monday.
It's not quite Red Sox versus Yankees or the Montagues versus the Capulets, but for the last few years UCLA law professor Lynn M. LoPucki and Seton Hall University law professor Stephen J. Lubben have engaged in an academic rivalry over whether professional fees in Chapter 11 cases are too high.