Government
Dewey Ex-Chairman Agrees To Proposed Settlement To Resolve Claims
The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee and insurer to resolve claims that bad management led to ...EU’s Barnier Warns U.S. Over ‘Radical’ New Bank Rule
A U.S. plan to force foreign banks to hold far more capital could sow discord among supervisors and lead to retaliation from abroad, European Union financial services czar Michel Barnier said on ...
News Corp., Shareholders Agree To Phone Hacking Deal; Insurers To Pay $139M
News Corp. will receive $139 million worth of insurance proceeds in a rare cash settlement that resolves a lawsuit by shareholders alleging the board failed to investigate the company's phone hacking ...
BP’s Legal Gamble May Trim Spill Bill By Billions: Analysis
BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars. After failing ...S&P Asks Federal Judge To Dismiss U.S. Fraud Lawsuit
Standard & Poor's asked a federal judge on Monday to dismiss a U.S. Justice Department civil suit against the rating agency, arguing the government's case is based on vague statements that cannot ...
Halliburton In Gulf Spill Settlement Talks
Halliburton Co is in "advanced" talks to settle private claims against it in a trial to determine blame for the 2010 Gulf of Mexico spill, the oilfield services company said on Monday, as it booked a ...Texas Fertilizer Co. Didn’t Disclose Hazard Chemical Levels To DHS
The fertilizer plant that exploded last Wednesday, obliterating part of a small Texas town and killing at least 14 people, had last year been storing 1,350 times the amount of ammonium nitrate that ...
Florida Sues BP On 3-Year Anniversary Of Oil Spill
Florida's attorney general has filed a lawsuit against BP and Halliburton on the three-year anniversary of the 2010 Gulf oil spill. Pam Bondi filed the 40-page lawsuit Saturday in federal court in ...