Illinois

  • August 2, 2007

    A $30M Deal Later, Hollinger Files For Bankruptcy

    Toronto-based holding company Hollinger Inc. filed for bankruptcy Wednesday just after Sun-Times Media Group Inc., its most valuable asset, settled a spate of shareholder securities suits in the wake of Conrad Black's conviction.

  • August 2, 2007

    Zenith Drops Patent Claims Against Rival TV Maker

    One of three electronics makers named as co-defendants in a patent suit has reached a “mutually satisfactory resolution” of the claims brought by Zenith Electronics Corp., according to court papers.

  • August 1, 2007

    Merrill Lynch Investment Units Pay $500K To CFTC

    Two Merrill Lynch & Co. subsidiaries have agreed to pay $500,000 to put to rest allegations that they violated U.S. Commodities Futures Trading Commission rules by failing to file annual reports on time, the Commission said Tuesday.

  • August 1, 2007

    Sun-Times Settles With Shareholders For $30M

    Sun-Times Media Group Inc., formerly Hollinger International Inc., will pay $30 million to put to rest the deluge of securities class actions filed in the wake of the scandals surrounding ex-CEO Conrad Black, the company said Tuesday.

  • August 1, 2007

    Exelon Scores In Feud With Electrical Workers

    In a boost to Exelon Corp., an appeals court has affirmed a district court’s ruling that the utility acted within the terms of a collective bargaining agreement when it implemented a system to summon unionized electrical workers to respond to power outages.

  • August 1, 2007

    RealNetworks Wins Dismissal On Second Try

    In a landslide for RealNetworks Inc., a judge on Thursday dismissed a technology licensing company's patent claims against the streaming media company, citing the recent KSR v. Teleflex Supreme Court decision in his obviousness ruling.

  • July 31, 2007

    Nike To Pay $7.6M To End Race Discrimination Suit

    Nike Retail Services Inc. has agreed to dole out $7.6 million to end a race discrimination class action launched by about 400 black employees who claimed they were denied promotions and benefits and assigned low-paying jobs.

  • July 31, 2007

    Nelnet Settles With Cuomo Over Kickbacks

    The nation's second largest loan consolidator agreed Tuesday to pay $2 million to end New York Attorney General Andrew Cuomo's investigation of it as part of his larger probe of the $85 billion student loan industry.

  • July 31, 2007

    Microsoft, Eolas To Begin Settlement Negotiations

    Software giant Microsoft Corp. and rival Eolas Technologies Inc. have agreed to sit down and negotiate a years-long, $561 million patent dispute, postponing a retrial that was scheduled to start on Monday.

  • July 31, 2007

    Citing Tellabs, Circuit Court Hands Baxter Victory

    On Friday, Baxter International Inc. once again fended off a putative securities class action related to the healthcare giant's revisions of its earnings statements in 2004.

  • July 31, 2007

    States Fight Mediation In Drug Pricing Suit

    The attorneys general of five states have lashed out at a federal judge’s order requesting certain parties to resolve their differences through mediation in a massive antitrust class action alleging a slew of drug makers defrauded consumers by artificially inflating the prices of various prescription medications.

  • August 1, 2007

    Dex-Cool Focus Moves From Federal To State Court

    Now that a judge has denied certification of a national class action against General Motors Corp. over its coolant Dex-Cool, the focus of the product liability case is moving from the federal to the state level.

  • August 1, 2007

    Nixon Peabody Snaps Up Two Energy Partners

    Nixon Peabody LLP's energy group has snapped up two long-time partners who have established a practice specialized in helping clients deal with real property tax issues out of court.

  • July 30, 2007

    Conspiracy Claims Against Headwaters Remanded

    An appellate court on Friday overturned the dismissal of civil conspiracy claims against natural resources company Headwaters Inc., but upheld the dismissal of patent infringement claims.

  • July 30, 2007

    Caremark Repels Whistleblower Charges

    An appeals court panel has affirmed the dismissal of a whistleblower suit that accused pharmacy benefits manager Caremark Rx Inc. of violating the False Claims Act.

  • July 27, 2007

    WaMu Fails In Attempt To Kill State Claims

    A judge on Thursday denied Washington Mutual Inc.’s request to dismiss state law claims in a proposed FLSA class action brought on behalf of loan consultants, ruling that the legal doctrine cited by the bank in its motion to dismiss for violation of the Rules Enabling Act was “imaginary.”

  • July 27, 2007

    Marcal Settles With EPA For $3M

    Bankrupt paper company Marcal Paper Mills and the U.S. Environmental Protection Agency have reached a $3 million settlement over pollution claims involving the Diamond Alkali Superfund Site.

  • July 26, 2007

    Dow Jones IP Case Will Wait For State Court

    A court agreed on Tuesday to stay a lawsuit against Dow Jones & Co. Inc. and McGraw-Hill & Co. Inc. over the right to publish indices of financial markets, saying that it would wait for an Illinois state court to reach a verdict.

  • July 26, 2007

    Calif. Receiver Must Pay Piranha Plaintiffs In Ill.

    A federal appellate court ruled Wednesday that a receiver appointed by a California district court must relinquish $1 million to plaintiffs in a securities action in an Illinois district court against hedge fund Piranha Capital LP.

  • July 25, 2007

    Master Rejects Bextra Plaintiffs' Discovery Request

    Seeking compromise in the multidistrict Bextra and Celebrex product-liability litigation, the Special Master recommended that federal rules of privilege apply, even though the plaintiffs had said that a relatively unrestrictive state statute should govern disclosure.