Latest Law News
Gates Mills Village Council Election 2011: Nancy W. Sogg
Occupation: Attorney – I have spent most of my adult life practicing law in healthcare, business, real estate and tax arenas. Most recently I served for 20 years as senior counsel of the Cleveland Clinic and general counsel of Meridia Health System,
Updated: 09/19/2011 12:09P
Senator not always critical of program
Solyndra filed for Chapter 11 bankruptcy protection earlier this month and laid off its 1100 employees. The Silicon Valley company was the first renewable-energy company to receive a loan guarantee under a stimulus-law program to encourage green energy
Updated: 09/19/2011 12:09P
In a case of first impression, court holds severance pay is 'earned' in full
Within 180 days prior to its bankruptcy filing, the debtor terminated several employees who qualified for compensation under the plan, yet these employees did not receive any severance compensation. In the bankruptcy case, the terminated employees
Updated: 09/19/2011 12:08P
Credit swap agreement ipso facto clause struck
The bankruptcy filing of any party or guarantor constituted an event of default under the Master Agreement, and default under the Master Agreement altered the defaulting party's priority status and capped its distribution. Following the bankruptcy of
Updated: 09/19/2011 12:08P
Credit swap agreement ipso facto clause struck
The bankruptcy filing of any party or guarantor constituted an event of default under the Master Agreement, and default under the Master Agreement altered the defaulting party's priority status and capped its distribution. Following the bankruptcy of
Updated: 09/19/2011 12:08P
Director's motion to dismiss breach of duty of good faith claim denied
The court ruled that Florida law applied because the bankruptcy case was pending in Delaware, and Delaware's choice-of-laws principles regarding corporate governance required the court to look to the state of incorporation, which was Florida.
Updated: 09/19/2011 12:08P
Director's motion to dismiss breach of duty of good faith claim denied
The court ruled that Florida law applied because the bankruptcy case was pending in Delaware, and Delaware's choice-of-laws principles regarding corporate governance required the court to look to the state of incorporation, which was Florida.
Updated: 09/19/2011 12:08P
Lloyd's of London files suit against prominent organizations in Saudi Arabia
While many caught in the attacks have finally begun to put the broken pieces of their lives back together, Lloyd's of London, one of the largest insurance companies in the world, has filed a federal lawsuit against those it believes are responsible for
Updated: 09/19/2011 12:08P
Premier tours Poland on "Tusk Bus" ahead of elections
'I also want to see these famous traffic jams and how Poland is being built,' Tusk said. Opposition party Law and Justice has criticized the government for an inefficient railway system and for slow progress in building roads and other needed
Updated: 09/19/2011 12:08P
MTR Gaming sues Arneault over no-compete agreement
The lawsuit filed in federal court in Erie, Pa., accuses Arneault of sharing strategies and trade secrets with American Harness Tracks LLC long before the expiration of their agreement. It had barred him from competing within 100 miles of any MTR
Updated: 09/19/2011 12:08P