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Ex-AIG CEO's firm sues gov't for bailout
“We are reviewing the lawsuit and expect to defend our actions vigorously.” AIG's latest repayment to the Treasury, US$972 million on Oct. 31, brought its outstanding balance from the bailout down to about US$68 billion. The government now owns 77
Updated: 11/22/2011 01:32P
Ma's defamation suit adds more fire to bookie dispute
By Enru Lin--Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen yesterday said that President Ma Ying-jeou's lawsuit is an election gimmick. On Monday, Ma's attorney filed a lawsuit against the DPP. The party was charged with
Updated: 11/22/2011 01:32P
Breaking News: Lawsuit Filed Over Fed's Swipe Fee Ruling
Flawed debit card swipe fee reform regulations issued by the Federal Reserve have allowed big banks to continue charging unjustifiably high swipe fees and discouraged price competition among credit card networks, according to a lawsuit filed in federal
Updated: 11/22/2011 01:32P
Woman Suing Casey Anthony Deposed
The woman who filed a lawsuit against Casey Anthony for defamation was being deposed Tuesday. Attorneys on both sides of this case said they expect the deposition could go on for hours. It started at 9 am at the offices of Morgan and Morgan.
Updated: 11/22/2011 01:30P
State Fund Sues Select Citing RICO
Allegations stem from another lawsuit earlier this year when State Fund received a judgment of approximately $51 million against a subsidiary of Select in state court. Select is appealing the judgment, but the $51 million is not yet paid.
Updated: 11/22/2011 01:24P
Olympus Sued over Accounting
A pair of New York law firms have commenced shareholder lawsuits against Olympus Corporation after the Japanese camera maker admitted to accounting irregularities. A class-action suit was filed in the US District Court for the Eastern
Updated: 11/22/2011 01:21P
Pastor Tom Brown continues to take the Fifth in recall case
Pastor Tom Brown continued to invoke his right against self incrimination this morning in a lawsuit over his attempt to recall the mayor and two city representatives. Mayor John Cook is suing to stop the recall effort, arguing that signatures were
Updated: 11/22/2011 01:20P
NY Court supports Bogus home appraisals lawsuit
New York's highest court allowed the state on Tuesday to proceed with a lawsuit that had accused First American Corp and its eAppraiseIT unit of colluding with the former Washington Mutual Inc to fraudulently inflate home values.
Updated: 11/22/2011 01:18P
Travelport claims court win over American Airlines
AP Flight-information provider Travelport says a federal judge tossed out most of American Airlines' antitrust lawsuit against the company and online travel agent Orbitz. Travelport Ltd. said Tuesday that the judge dismissed American's claims that
Updated: 11/22/2011 01:17P
Bill Gates testimony continues in WordPerfect trial
AP SALT LAKE CITY -- Microsoft's Bill Gates returned to the witness stand Tuesday to defend his company against a $1 billion antitrust lawsuit that claims the software giant tricked a competitor into huge losses and soared onto the market
Updated: 11/22/2011 01:15P