Two delivery drivers have sued a Domino's Pizza franchisee that runs more than 40 of the pizza chain restaurants in the southeastern U.S., accusing it of paying its drivers less than the minimum wage for the time they spend on maintenance, cleaning and other nontipped work activities.
An ex-Milberg LLP attorney has asked a federal court to throw out a casino developer's suit accusing him and the firm of extorting $18 million from the company to settle two securities class actions in 2000, arguing that the settlement agreement prevents the company from bringing its claims.
An organization representing Burger King Corp. franchisees is asking a federal judge to stop the company from forcing franchisees to add the double cheeseburger to their $1 value meal menu.
Independent lenders of bankrupt Station Casinos Inc. are objecting to an extension of the company's exclusivity period, arguing the casino operator is using exclusivity to block plan alternatives it does not like.
Both congressional intent and corporate pragmatism have been put under the microscope by the U.S. Supreme Court, as justices on Tuesday grilled attorneys in a dispute over how courts should weigh a corporation's headquarters when determining its principal place of business.
James Rossiter, a former senior mergers and acquisitions partner at Cassels Brock & Blackwell LLP, has joined the Toronto office of Baker & McKenzie LLP.
The next wave of deals will come from small to midmarket firms with transactions in the range of $250 million to $1 billion, but there will be a general reluctance to do major transactions, says Martin H. Neidell, a partner in Stroock & Stroock & Lavan LLP's corporate practice group.
Bankrupt Six Flags Inc. has rejigged its Chapter 11 reorganization plan to sweeten the deal for creditors, saying sound management and an economic upturn have given it more latitude with lenders.
For a lawyer who is supposed to understand the law, providing advice on franchising in China remains a challenge, says Carl E. Zwisler, a principal in Gray Plant Mooty's franchise and distribution practice group.
Business leaders are hoping the U.S. Supreme Court will grant companies a measure of control in diversity jurisdiction cases by letting them emphasize the location of their corporate headquarters in tests to determine their “principal place of business.” That seemingly simple phrase is at the core of Hertz Corp. v. Friend.
Private equity firm The Blackstone Group has inked a $320 million deal to acquire stakes in two shopping malls owned by Glimcher Realty Trust.
After months of bitter rivalry, bankrupt Trump Entertainment Resorts Inc. and a committee of incensed noteholders have readied competing reorganization plans, leaving it for creditors to soon decide the future ownership of the gaming company.
The U.S. Environmental Protection Agency on Wednesday proposed new labeling for pesticides that it says will prohibit spray drift that can cause adverse health and environmental effects.
Microsoft Corp., Google Inc. and Yahoo Inc. are among more than a dozen high-profile companies targeted in a patent infringement lawsuit over technology for making interactive maps on the Internet.
Starwood Hotels & Resorts Worldwide Inc. has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Ltd. for $100 million as it shifts to concentrating on its hospitality business.
The U.S. Securities and Exchange Commission is reportedly engaging in settlement talks with several large financial firms, including UBS AG and Bank of America Corp., following a recent crackdown by the agency over bid-rigging in municipal bond sales.
A federal appeals court has upheld a lower court's decision to toss Jebaco Inc.'s suit alleging that Harrah's Operating Co. Inc. and Pinnacle Entertainment Inc. conspired to divide and monopolize the Louisiana casino market in violation of federal and state antitrust law.
China Minsheng Banking Corp. Ltd. has announced it will hold an initial public offering on the Stock Exchange of Hong Kong, which will reportedly also see an IPO for gaming company Las Vegas Sands Corp.
Starbucks Corp. will receive $500,000 as part of a settlement with a former executive it accused of breaching a noncompetition deal by taking a job at coffee competitor Dunkin' Brands Inc., the java giant has announced.
Internet retail developer GSI Commerce Inc. has announced plans to add online private sale operator Retail Convergence Inc. — the parent of private sale Web site Rue La La — to its stable, in a deal valued as high as $350 million if post-closing revenue earnouts are reached.