Litigation/Liability Trends
Illinois Lawmakers Reject Firearm Liability Insurance Bill
The Illinois House has rejected a measure that would require $1 million in liability insurance for people carrying concealed weapons. Lawmakers voted 34-74 against Rep. Kenneth Dunkin's plan. It was ...
Governments Getting Into Patent-Buying Business: Reuters
Patent competition in the United States is usually a fierce arena for private companies, but now the South Korean and French governments are suiting up. Both countries have launched ...
High Court Hears Arguments In Generic Drug Maker Case
The Supreme Court seemed skeptical Tuesday of allowing generic drug manufacturers to be sued in state court for a drug's design defects if federal officials approved the brand-name version the ...Lawsuit, Reg Charges Force $700M-Plus Deutsche Bank Restatement
Deutsche Bank cut its previously reported 2012 pretax profit by 600 million euros ($773 million) on Wednesday, hit by new charges related to mortgage-related lawsuits and other regulatory ...
Louisiana’s Assumption Parish Sinkhole Growing
A sinkhole in swampy Assumption Parish grew to 12 acres over the weekend, and officials said Monday they are monitoring the threat that another area nearby could liquefy into muck. Lawmakers on the ...Microsoft Backs Review Of Foreign Bribery Allegations
Microsoft Corp. said on Tuesday that allegations of potential bribery by employees inChina, Romania and Italy should be reviewed by U.S. agencies and its own compliance unit, but declined to address ...Transocean CEO Says Rig Owner ‘Should Have Done More’ At Spill Trial
The chief executive of Transocean Ltd., owner of the rig destroyed after BP Plc's Macondo well blew out in 2010, testified on Tuesday that his workers made mistakes that day, but were not responsible ...