Litigation/Liability Trends
Gupta Must Repay $6.22 M To Goldman Sachs For Legal Expenses, Rakoff Rules
On Monday, a federal judge ordered former Goldman Sachs Group Inc. director Rajat Gupta to reimburse $6.22 million to help the Wall Street bank cover its legal expenses related to his criminal ...Trial Over Deepwater Horizon Disaster Under Way; BP In Court For Biggest U.S. Oil Spill
A long-awaited trial over the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming BP Plc mostly for the 2010 disaster that killed 11 rig workers and ...
California School District Sued Over Yoga Program
An attorney representing a family bent out of shape over a public school yoga program in the beach city of Encinitas filed a lawsuit last Wednesday to stop the district-wide classes. In the lawsuit ...Silverstein Seeks Dismissal Of Airline’s World Trade Center Defense
The leaseholder of the World Trade Center properties is asking a U.S. federal judge to reject arguments that American Airlines is not liable for damages stemming from the Sept. 11, 2001 hijackings ...Einhorn Scores Legal Victory Vs. Apple
A U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with Apple Inc. on Friday, blocking the iPhone maker from moving forward with a shareholder vote on a ...Court Date Coming For U.S. Gulf Coast Oil Spillers
Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face ...