July 2, 2014
by Peter Snyder
A judge for the US District Court for the Southern District of New York on Tuesday dismissed two securities fraud counts against Rengan Rajaratnam, the brother Raj Rajaratnam, the founder of the now defunct Galleon Group. US District Judge Naomi Reice Buchwald ruled that a reasonable jury would ...[read more]
September 25, 2013
by Sung Un Kim
A new report by the World Bank and International Finance Corporation (IFC) on Tuesday revealed that most countries still have legal disparities that prevent women from engaging in economic activity. The report determined that in 90 percent of all surveyed 143 economies, there was at least one ...[read more]
July 17, 2013
by Kyle Webster
On July 17, 2011, the former executive of News International (NI) and editor of the newspaper News of the World, Rebekah Brooks, was arrested by UK police for charges related to a phone hacking scandal. US Attorney General Eric Holder opened an investigation a week prior into whether journalists ...[read more]
February 23, 2013
by Arjun Mishra
On February 23, 2010, the US Supreme Court ruled in Hertz Corp. v. Friend that a corporation's principal place of business for the sake of diversity jurisdiction is its "nerve center." The Court unanimously overturned the US Court of Appeals for the Ninth Circuit's determination that employees of ...[read more]
November 14, 2012
by Matthew Pomy
Toyota Motor Corp. agreed to a $25.5 million settlement on Tuesday in a class action lawsuit arising out of issues with unintended vehicle acceleration recalls in 2010. The lawsuit was brought by shareholders who argued that they were harmed by the company's recalls. They argue that the company's ...[read more]
July 17, 2012
by Garrett Eisenhour
On July 17, 2011, the former executive of News International (NI) and editor of the newspaper News of the World, Rebekah Brooks, was arrested by UK police for charges related to a phone hacking scandal. US Attorney General Eric Holder opened an investigation a week prior into whether journalists ...[read more]
June 1, 2012
by Sung Un Kim
Ecuadorian plaintiffs seeking to collect on a judgment against Chevron Corp over Amazon pollution on Wednesday filed a collection action in Ontario's Superior Court of Justice. The pollution was originally caused by Texaco in the 1980s. Chevron acquired the company with its liabilities in 2001. ...[read more]
September 17, 2011
by Julia Zebley
The Virginia Supreme Court ruled Friday that the effects of global warming are not covered by a standard liability insurance policy. The AES Corporation, a power company, is facing a suit, Kivalina v. Exxon Mobil Corp., for its contributions to global warming. AES expected that its insurance ...[read more]
July 22, 2011
by Dwyer Arce
Dave Saldana, Communications Director for Free Press, argues that the recent News Corp. scandal will likely follow along the line of the company's previous US legal troubles, in which it was able to avoid penalties through campaign donations and deft lobbying...For some ideological opponents ...[read more]
July 15, 2011
by Maureen Cosgrove
US Attorney General Eric Holder on Friday announced that the Federal Bureau of Investigation (FBI) will open an inquiry into whether journalists working for the media company News Corporation (News Corp.) and its subsidiaries violated US laws by hacking into the mobile phones of 9/11 victims. The ...[read more]

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