Litigation/Liability Trends
Warren Buffett Could Gain From Efforts to Weaken New Train Safety Rule
Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key ...
Amtrak to Concede Liability For Most Damages in Philly Crash Cases
Amtrak said it will concede that it's liable for most damages caused by the May 12 train derailment in Philadelphia that killed eight passengers and injured dozens. The railroad acknowledged Friday ...
Uber Pushes Back Against California Driver Lawsuit
A lawsuit filed by drivers against ride service Uber should not proceed as a class action, the company argued in a court filing on Thursday, citing written statements of support from hundreds of ...
Insurance Claims Specialist Wins $230K in Robocall Complaint
Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc. must pay the insurance claims specialist $229,500 for placing 153 ...
Texas Court Approves $84.4M Settlement in 2002 Farmers Insurance Case
A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners ...
Friday Afternoon Cyber Scam Cost Hedge Fund $1.2M and CFO’s Job
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge ...
Court Clarifies Rule on Unpaid Internships
Unpaid internships are legal when they are closely tied to interns' educations, a U.S. appeals court in Manhattan said on Thursday in reversing a decision that Fox Searchlight Pictures Inc. broke the ...
Fracking Officially Banned in New York, Ending Seven-Year Review
New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments. "After ...