Fremont General Corp.'s sale of $4.6 million worth of pieces by photographic artist Ansel Adams has reportedly triggered a second look from California insurance regulators, who contend that the prints never belonged to the now-bankrupt mortgage lender.
Samuel Israel III surrendered to Southwick, Mass., authorities Wednesday morning, a few weeks after faking his suicide in an attempt to avoid serving a 20-year sentence for spearheading a $450 million fraud at the bankrupt Bayou Group LLC hedge fund.
A federal court rejected a bid on the part of several California auto dealers and the Daimler Chrysler Corp. to delay the implementation of a California law that would force manufacturers to cut vehicle greenhouse gas emissions by around 30% by 2009.
Over the objections of ConnectU LLC, a district judge on Wednesday enforced a settlement agreement between the social networking site and rival Facebook Inc., putting an end to litigation between the companies over alleged misappropriation of trade secrets.
President Bush has asserted executive privilege in an attempt to stop a U.S. congressional committee from subpoenaing documents surrounding the Environmental Protection Agency's alleged failure to comply with a Supreme Court decision over the regulation of car emissions.
Former subprime mortgage lender Fremont General Corp. has voluntarily entered Chapter 11 in order to finalize the sale of its nonbankrupt bank subsidiary to CapitalSource Inc.
PricewaterhouseCoopers released its 2008 Patent Litigation Study, charting the trends and statistics in patent litigation over the last 13 years and concluding that patent trial success rates have never been higher.
A congressional committee devoted to energy and global warming issues has postponed voting on a resolution to hold U.S. Environmental Protection Agency Administrator Stephen Johnson in contempt, as Congress and the White House negotiate for the release of certain subpoenaed documents.
California's highest court has ruled that language in a state statute limiting the designation of marriage to a union “between a man and a woman” is unconstitutional in a move that could have some employers scrambling to make swift changes to their policies.
Drivers bringing a class action against FedEx Ground Package System Inc. asked a court on Friday to force FedEx to hand over an Internal Revenue Service audit that tentatively found the drivers should be classified as employees, not independent contractors.
In addition to employment class actions across the country, FedEx Corp. is now facing a shareholder suit challenging its practice of classifying delivery drivers as independent contractors rather than employees.
Attorneys for 25,000 FedEx Ground Package System Inc. drivers have filed motions seeking summary judgment in one nationwide case and 20 state actions, citing a California decision that found FedEx drivers should be classified as employees, not independent contractors.
Certain municipalities have begun to pass mandatory paid sick leave, minimum wage and other employment laws that make compliance more challenging for companies with a nationwide presence, according to management-side attorneys.
Seeking to buttress the auto industry's case, the Bush administration is asking a federal appeals court to throw out a Vermont judge's landmark ruling that would enable states to regulate greenhouse gas emissions from cars and light vehicles.
A Massachusetts bill that mandates triple damages for employees who prevail in wage-and-hour suits became law Monday after the governor refused to either sign it or veto it.
A federal judge has ruled that Becton Dickinson and Co. did not infringe two Abbott Laboratories patents for blood-glucose test strips, but infringement claims regarding two other patents can move forward.
Two U.S. senators have introduced a bill that would force the U.S. Environmental Protection Agency to complete an assessment of the impact of greenhouse gas emissions on public health and to reconsider its decision blocking California from tightening pollution standards for cars and trucks.
Starbucks Corp. has been hit with yet another proposed class action, this time in Minnesota state court, alleging that it wrongly shared tips between baristas and managers.
Starbucks Corp. has been hit with a class action alleging that it wrongly shared tips between baristas and managers, just days after the coffee chain was ordered to pay $105 million to California servers who levied similar charges.
A federal judge has certified another class in a suit that accuses pharmaceutical distributor McKesson Corp. of conspiring to raise the average wholesale price for hundreds of prescription drugs.