Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup March 15, 2024 By Jef Feeley, Tim Loh and Crystal Tse Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to...
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger March 11, 2024 By Andrew G. Simpson Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million...
New York Pet Store to Pay $300K Settlement for Selling Sick Puppies March 11, 2024 New York Attorney General Letitia James announced that a pet store chain will have to pay $300,000 to 190 customers...
False Claims Act Settlements and Judgments Exceed $2.68B in 2023, New Report Show March 6, 2024 Settlements and judgments under the False Claims Act exceeded $2.68 billion in the fiscal year ending Sept. 30, 2023, according...
Drugmaker Endo Reaches $465M Bankruptcy Settlement With US March 1, 2024 By Dietrich Knauth Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare...
Billions Awarded in Indian Brothers’ LA Real Estate Feud March 1, 2024 By John Gittelsohn An obscure 21-year legal feud involving five brothers from India who’ve amassed a fortune in diamonds and Los Angeles real...
GSK Settles Another Zantac Cancer Lawsuit in California February 29, 2024 By Marthe Fourcade GSK Plc settled a US lawsuit set to start in California over the UK drugmaker’s blockbuster heartburn medication Zantac, the...
Winklevoss’s Gemini to Return $1.1B to Customers in New York Settlement February 29, 2024 By Olga Kharif Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion...
Berkshire Utility Sells $3.8 Billion Bond to Pay Wildfire Claims February 27, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp sold $3.8 billion of US investment-grade bonds to help fund settlement claims related to wildfires...
Southern California Edison to Pay $80M to US Over 2017 Wildfire February 27, 2024 By Jonathan Stempel Southern California Edison agreed to pay the United States $80 million to cover costs and damages incurred by the U.S....