Litigation/Liability Trends
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked
Stephen Markscheid holds one of the riskiest jobs in the world—or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards ...
Supreme Court Says FTC Can Sue Over Deals That Delay Generic Drug Sales
The U.S. Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say ...UK Charges Ex-UBS Trader In LIBOR Probe
Britain's fraud prosecutor on Tuesday charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud, as part of a global investigation into the manipulation of benchmark interest ...
FDA Urges Protection of Medical Devices From Cyber Threats
The U.S. Food and Drug Administration, citing potential cyber threats to medical devices, on Thursday urged medical device makers, hospitals and other medical facilities to upgrade their protections ...
Analysis: Why Bankrupt W.R. Grace Is Thriving
A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...Judge Orders The Hartford to Pay $20M to Auto Body Shops
A Connecticut judge has ordered The Hartford insurance company to pay $20 million to auto body shops for an unfair trade practice related to hourly labor rates for vehicle repairs. The judge's ...
Chubb Must Face Bear Stearns Lawsuit Over SEC Settlement Coverage
Chubb Corp.'s Vigilant Insurance must face a lawsuit by Bear Stearns Cos. accusing the insurer of breach of contract for refusing to pay part of a U.S. Securities and Exchange Commission settlement, ...