Litigation/Liability Trends
Fairfax’s Watsa Gives ‘Mindboggling’ Takeover Testimony Leading to Shareholder Court Award
Canadian investor Prem Watsa was "purposely forgetful" and offered a "mindboggling" explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest ...
Collapse of Thomas Cook Leads to Massive Tourist Airlift
The U.K. government deployed the "largest repatriation in peacetime history" to bring home more than 150,000 tourists stranded on overseas beaches and in vacation hotspots by the collapse of tour ...
Vaping Targeted by a Number of U.S. Lawsuits
Several deaths and potentially hundreds of illnesses have been tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking. Lawsuits have been filed against ...
JPMorgan Hacker Expected to Plead Guilty Over Role in Widespread Cyber Attack
A Russian hacker at the center of an alleged scheme to steal financial data on more than 80 million JP Morgan Chase & Co. clients will plead guilty later this month, according to a U.S. court ...
Score for Privacy: Google Email-Scanning Lawsuit Allowed to Proceed
Google is still fighting a lawsuit over surreptitious scanning of emails of non-Gmail users almost three years after it agreed to stop the practice. In a tentative ruling Thursday, a judge in ...
California Utility Reaches $11B Settlement Over Wildfire Claims
California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% percent of insurance subrogation claims relating to 2017 and 2018 ...
J&J Must Pay at Least $37.2M to Plaintiffs Who Blamed Cancers on Talc Powder
Johnson & Johnson must pay at least $37.2 million to four consumers who blamed asbestos-tainted talc for their cancers in the company's latest loss in nationwide litigation over its iconic baby ...
California Wildfire Victims Balk at Utility’s Plan to Cap Payments
PG&E Corp's plan to cap payments to victims of California wildfires blamed on the power producer is "totally unacceptable," a lawyer representing victims in the utility's bankruptcy case said on ...