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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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.
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.
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.
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.