Taylor Bean & Whitaker Mortgage Corp. responded on Monday to increasing pressure from financial institutions and federal agencies seeking to force the bankrupt mortgage lender to turn over millions of dollars and a host of information related to its $80 billion mortgage servicing operations.
A CSW Group Inc. employee has reached a settlement with her former employer in a putative class action alleging that the special events contractor, which does work for the Professional Golfers' Association of America Inc. among others, failed to pay marketing coordinators overtime wages.
Appliance manufacturer Whirlpool Corp. has been hit with a putative class action claiming defects in its washing machines leave clothes smelling moldy, the latest in a flood of mold cases against Whirlpool and its subsidiaries.
American International Group Inc. is urging a federal judge in Florida to dismiss a suit brought by the owners of the former Las Vegas Gladiators football team over premiums for a workers' compensation policy.
A federal judge has ruled that Zurich American Insurance Co. must pay a transportation company $153,000 to cover the temporary relocation of its employees from its headquarters while an oil spill was cleaned up at the site.
In a substantial victory for Airbus SAS, Goodrich Corp. and others blamed for a 2007 TAM Airlines crash at Sao Paulo’s Congonhas airport that killed 199 people, a judge has ruled that Brazil — not the U.S. — is the correct venue for claims related to the disaster.
Computer manufacturer Psystar Corp. has hit Apple Inc. with a new set of antitrust allegations over the tying of the Mac OS X operating system to Apple computers, following a judge's dismissal of similar counterclaims in Apple's ongoing trademark and copyright infringement suit against Psystar.
CVS Caremark Corp. has reached a confidential settlement with the two remaining plaintiffs in a wage-and-hour suit over the retailer's alleged failure to compensate pharmacy technicians for overtime, missed meal breaks, and duties performed before and after their scheduled shifts.
A Florida man accusing Hartford Underwriters Insurance Co. of illegally enforcing subrogation rights on policyholders' medical payment benefits has decided not to pursue class allegations until the court has contemplated the merits of his individual claim.
A Missouri jury has awarded $1.5 million in punitive damages to the family of a woman who allegedly died from smoking R.J. Reynolds Tobacco Co.'s Kool cigarettes — a verdict that comes after an appeals court reversed another jury's $20 million award last year — an R.J. Reynolds spokesman said Thursday.
Forced into bankruptcy after a $3 million casino project went belly up, resort developer Fontainebleau Las Vegas LLC has been partially denied summary judgment in its dispute with lenders after a judge ruled that its claims require a trial.
WildEarth Guardians has sued the Federal Emergency Management Agency in an ongoing attack by environmental groups on the National Flood Insurance Program, which they argue encourages development at the expense of endangered species.
WCI Communities Inc. expects to emerge from bankruptcy protection by the end of August following a bankruptcy judge's approval of the homebuilder's Chapter 11 reorganization plan.
The U.S. Judicial Panel on Multidistrict Litigation has consolidated four antitrust cases alleging that insurance companies including WellPoint Inc., Anthem Inc. and Blue Cross of California improperly calculated the usual, customary and reasonable rates of reimbursement for out-of-network health care services.
The owner of a patent that covers an apparatus for cooling electronic devices has filed suit against Panasonic Corporation of North America and Cooler Master USA Inc., accusing them of making and selling products that infringe one or more of the patent's claims.
The Colonial BancGroup Inc. has filed for Chapter 11 protection, on the heels of Alabama regulators shutting down one of the banks the group held.
A federal appeals court has signed off on sanctions against Shavitz Law Group PA, a Florida firm that has filed almost a quarter of the U.S. District Court for the Southern District of Florida's Fair Labor Standards Act suits, for improperly soliciting plaintiffs in a nationwide overtime class action.
With a disputed claim of $42 million, Deutsche Bank Securities Inc. has claimed the top spot among Taylor Bean & Whitaker Mortgage Corp.'s unsecured creditors, according to a list of the bankrupt mortgage lender's largest unsecured claims.
Marsh & McLennan Cos. has appealed to the Third Circuit a decision by the federal judge overseeing a $69 million settlement in litigation involving bid-rigging allegations against the nation's largest insurance brokers, challenging the judge's refusal in July to prevent plaintiffs in two state lawsuits from pursuing claims against the company.
With $4 million in the balance, James River Insurance Co. and a Connecticut woman allegedly harmed by a dietary supplement made by Nutrition Formulators Inc. have filed dueling bids for summary judgment in the insurer’s suit claiming a policy limits NFI’s liability to $1 million.