appeal News

CIBC to Appeal New York Court’s Ruling in Cerberus Lawsuit

Canadian Imperial Bank of Commerce (CIBC) said on Friday it would appeal a New York court’s ruling in a lawsuit brought against the bank by an entity of U.S. private equity firm Cerberus Capital Management. Cerberus had alleged that CIBC …

Citigroup Wins Appeal Over Mistaken $500 Million Revlon Wire Transfer

Citigroup Inc. is entitled to recoup about $500 million of its own money that it accidentally wired Revlon Inc. lenders three years early, a U.S. appeals court said on Thursday. Reversing a lower court ruling, the 2nd U.S. Circuit Court …

NC Supreme Court Takes Up Sex Abuse Claim Time Extension

RALEIGH, N.C. (AP) — North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed this week …

US Naval Officer in Japan Faces Prison over Deadly Crash

WASHINGTON (AP) — For Ridge Alkonis, a U.S. Navy lieutenant living in Japan, a springtime trip with his wife and three children to Mount Fuji was intended as fun and leisurely family time before an expected deployment. What happened next, …

London Judges Reverse Course to Reopen $7B Brazil Dam Lawsuit Against BHP

LONDON — London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants against Anglo-Australian mining giant BHP , reviving a case over a dam rupture behind Brazil’s worst environmental disaster. …

Restaurants Ask N.C. Supreme Court to Bypass Appeals Court in COVID Win

A group of North Carolina restaurants and an industry group are asking the North Carolina Supreme Court to bypass the Court of Appeals and take up an insurer’s appeal of a trial court decision that found coverage was owed for …

3 Homeowners Win $1.1M From Reno for 2017 Flood Damage

RENO, Nev. (AP) — A Washoe County judge has ordered Reno to pay $1.1 million to owners of three homes that flooded north of the city four years ago as dozens of others continue to press related battles in federal …

Insurers Drop Appeal Against UK COVID-19 Payout Ruling on Three Policies

LONDON — Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims from holders of three business interruption insurance policies who have been pushed to the brink of collapse by …

Driver Accused of Texting Gets Prison in Pedestrian’s Death

FREEHOLD, N.J. — A New Jersey woman has been sentenced to five years in prison in the death of a pedestrian that prosecutors said occurred as the driver was texting — an accusation the defendant denied on the stand. Alexandra …

Damage Claim Hinges on Whether ‘Feral Cats’ are Domestic

Some bears can balance balls on their noses and some elephants can perch on pedestals, but that doesn’t make them domestic animals. On that principle, the Arizona Court of Appeals revived a claim against State Farm Fire and Casualty Co. …