Litigation/Liability Trends
BP Trial Continues: Exec Says Spill Probe Did Not Address Cost Overruns
BP Plc's investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said on Thursday, in the final day of testimony this week ...Judge Slashes Apple $1B Award vs. Samsung; Sets New Trial On Damages
Apple Inc. lost a major ruling in its ongoing patent battle with Samsung Electronics on Friday, as a federal judge slashed a $1.05 billion jury award by more than 40 percent and set a new trial to ...E&Y To Pay $123M In U.S. Tax Shelter Probe Settlement
Ernst & Young agreed on Friday to pay $123 million to resolve a federal investigation into its role developing and marketing tax shelters that helped its clients avoid more than $2 billion in tax ...As Energy Boom Nears Cities, A Backlash Grows
Colorado regulators grappling with a historic energy boom that's pushing oil rigs to the very doorsteps of suburban schools and homes were among the first in the nation to require companies to ...Lawsuits Up, Regulatory Actions At Record Levels in 2012: Survey
International law firm Fulbright & Jaworski reports that companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a ...Fans Injured At Daytona NASCAR Race Explore Legal Options
The attorney for three NASCAR fans injured last weekend during a race the day before the Daytona 500 says they are exploring a possible lawsuit, but some experts say they could face tough obstacles ...Class-Actions Filed Over Watered-Down Beer
Beer lovers across the United States have accused Anheuser-Busch of watering down its Budweiser, Michelob and other brands, in class-action suits seeking millions in damages. The suits, filed in ...
Providence Sues Actuary Over Pension Calculations
The city of Providence sued its longtime actuary Tuesday, claiming it made "fundamental and inexcusable errors" in calculating the projected savings from a pension system overhaul that will cost the ...