A Delaware bankruptcy judge on Thursday approved a plan for the National Hockey League's Dallas Stars LP to be sold at auction with Vancouver, Canada-based businessman Tom Gaglardi's $265 million bid as the stalking horse.
A California judge on Friday signed off on a $2.7 million deal between Rent-A-Center Inc. and a class of 2,600 store managers who said the rent-to-own giant misclassified them as exempt from the state's overtime wage laws.
Cracker Barrel Old Country Store Inc. said Friday it had adopted a poison pill over threats that its largest shareholder, a vocal critic of the company's management, could acquire a significant and possibly controlling position in the restaurant chain.
A New York state judge ruled Thursday that fraud claims could remain in a case alleging that a 2008 audit by KPMG LLP allowed Dallas private equity investor and former Texas Rangers owner Tom Hicks to cheat lenders out of $525 million in debt.
An Illinois appeals court on Wednesday affirmed an order mandating that American Airlines Inc. post its fares on the website of Orbitz Worldwide LLC, weighing in on an ongoing contract and antitrust fight between the airline and an Orbitz owner.
Bankrupt hotel operator BPP LLC blasted objections to its reorganization plan Thursday, saying Citizens Bank of Pennsylvania based its protests on a questionable expert with an agenda.
Travel reservation system provider Travelport Holdings Ltd., the largest shareholder of Orbitz Worldwide Inc., on Wednesday laid out a possible prepackaged Chapter 11 plan in a regulatory filing with the U.S. Securities and Exchange Commission.
A Tennessee federal judge has held that Cracker Barrel Old Country Store Inc.'s insurer is not responsible for its legal costs stemming from a U.S. Equal Employment Opportunity Commission lawsuit, according to a ruling made public Wednesday.
Bank of America NA on Monday asked a California federal court to toss a proposed class action brought by debit card users, arguing it did not deceive consumers by charging monthly service fees they had contractually agreed to pay.
Delaware's top court on Wednesday affirmed a decision greenlighting Liberty Media Corp.'s split-off of assets connected to the stock of subsidiaries Liberty Capital and Liberty Starz, despite objections from bondholders' trustee the Bank of New York Mellon Trust Co. NA.
Two former antitrust enforcers disagreed Wednesday at a Senate hearing over whether Google Inc. has monopoly power over Internet search, as the company's executive chairman tried to reassure lawmakers that the Internet remains a level playing field.
Troutman Sanders LLP on Wednesday announced that Vincent J. Pisano will join its New York corporate finance group from K&L Gates LLP as a partner.
Basketball pro Gilbert Arenas on Tuesday appealed a California federal judge's denial of his motion to halt the premiere of VH1 reality show “Basketball Wives: Los Angeles” over allegations of trademark infringement.
An Illinois federal judge on Tuesday closed the door on an effort by BCI Aircraft Leasing Inc.'s CEO to toss out evidence gained from a search warrant in a criminal case accusing him of helping to rig a $50 million investment scheme.
Paulson & Co.-owned MSR Resort Golf Course LLC on Tuesday sought bankruptcy court approval in New York for a crucial truce with a group of Singapore sovereign wealth funds that had vied for ownership of the resort group.
Food services company Centerplate Inc. violated California labor laws when it failed to provide employee breaks, reimburse uniform costs and pay proper wages, a proposed class action removed to federal court Thursday contends.
The former CEO of mortgage originator Worldwide Financial Resources Co. pled guilty to bankruptcy fraud on Monday in New Jersey federal court, admitting he hid $200,000 worth of assets, including 511 bottles of wine worth roughly $45,000, from the U.S. trustee.
Google Inc. Executive Chairman Eric Schmidt will go before a U.S. Senate subcommittee Wednesday to defend the company from critics who say it is abusing its dominant position in the Internet search market, as Google faces increased scrutiny from U.S. and European competition regulators.
Vancouver businessman Tom Gagliardi could have competition to buy the bankrupt Dallas Stars, with a lawyer for Chuck Greenberg — formerly the Texas Rangers' CEO and part-owner — saying Monday that his client was interested in the National Hockey League team.
The Los Angeles Dodgers Inc. asked a Delaware bankruptcy judge on Friday for permission to auction off the team's television rights, which it says should generate enough cash to pull it out of bankruptcy.