Litigation/Liability Trends
Google & Microsoft: Enemies In Court, Frenemies In Congress
Even as they battle in courts over smartphone and video technology, Microsoft Corp. and Google Inc. have discovered a common foe: patent owners who try to sue their customers or go after an entire ...
NY Judge To Rule If WTC Developer Can Seek Damages Beyond Insurance Payments From Airlines
A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of ...
UK Fraud Prosecutor Charges Two Brokers In LIBOR Probe
Britain's fraud prosecutor on Monday charged two former brokers at interdealer broker RP Martin with rigging LIBOR benchmark interest rates, broadening the scope of the investigation into the scandal ...
SEC Fraud Case Against Goldman Sach’s ‘Abacus’ Trader Goes to Trial
The U.S. Securities and Exchange Commission heads to trial Monday against a former Goldman Sachs bond trader in a case it says highlights what went wrong on Wall Street in the financial crisis. Jury ...
Former AIG Chief Greenberg Sues Spitzer For Defamation
Former American International Group Chief Executive Maurice "Hank" Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, ...
Study Raises New Concern About Earthquakes’ Links To Fracking Fluids
Powerful earthquakes thousands of miles away can trigger swarms of minor quakes near wastewater-injection wells like those used in oil and gas recovery, scientists reported on Thursday, sometimes ...
Greenberg Wants Bernanke to Testify in Suit Challenging AIG Bailout
U.S. Federal Reserve Chairman Ben Bernanke shouldn't be compelled to testify in Maurice "Hank" Greenberg's lawsuit over the government's bailout of American International Group Inc., the Justice ...
Insurer Insolvencies Fuel Director Liability; Board Roles Becoming More Complex
Member of boards of directors of insurance companies are increasingly concerned about lawsuits they might face in troubled situations—and they should be, according to a former insurance regulator. ...