Lernout & Hauspie

News & Analysis

lernout & hauspie and litigation - All News and Analysis

• Summary of Significant Judicial Developments Affecting Secured Financing 2003-2004: Part One

  - 2005-01-01

  Attachment/Perfection Biase v. Congress Fin. Corp. (In re Tops Appliance City, Inc.), 372 F.3d 510 (3d Cir. 2004) (Borrower's collateral assignment to lender of its right to receive proceeds from the sale of leaseholds constituted the transfer of a contract right under the UCC and not the transfer of an...

  Tags: agreement, asset, bankruptcy, Belgian, Best Buy Co. Inc., borrower, Cir, Delta, financing, J.P. Morgan Chase & Co., Lernout & Hauspie, Litigation, PricewaterhouseCoopers LLP, security, U.S. Congress

• Legal Notes

  - 2004-09-01

  Amicus Briefs In July of this year, the Commercial Finance Association filed an amicus curiae brief in the United States Court of Appeals for the Sixth Circuit in the case of in re; Spearing Tool and Manufacturing Co., Inc. ( case No. 04-1053). In its brief, CFA supported the decision...

  Tags: bankruptcy, Belgian, Best Buy Co. Inc., Company, creditor, debtor, Lernout & Hauspie, Litigation, payment, U.S. Congress

• Summary of Significant Judicial Developments Affecting Secured Financing 2002 - 2003 Part Two

  - 2004-03-01

  Lender Liability Cardinal Fastener & Specialty Co. v. Progress Bank, 67 Fed.Appx. 343 (6th Cir. 2003) (Secured creditor who took over management of borrower to liquidate its collateral not liable to borrowers' creditors under theory of successor liability.) Allied Nut & Bolt Co. ("Allied") borrowed $2 million from Progress Bank,...

  Tags: agreement, asset, bankruptcy, Cir, creditor, debtor, FCC, Fidelity Investments, financing, K Mart, Labor, Lernout & Hauspie, Litigation, Morgan Stanley, Sunbeam Corp., Sunbelt Software

• Belgium-Based Software Maker's CEO in Federal Jail on Fraud Charges.

  - 2001-05-30

  By Peter J. Howe, The Boston Globe Knight Ridder/Tribune Business News May 30--A year ago, Gaston A.J. Bastiaens held forth at a white-tablecloth private luncheon at the Ritz-Carlton Hotel, regaling technology analysts and journalists with visions of how his company, Lernout...

  Tags: Belgian, Belgium, Boston Globe, FINANCE, Investment, Lernout & Hauspie, Litigation, software, stock

• Playing the earnings shell game.

  - 2000-12-04

  Restating of financials a growing problem The bankruptcy of Lernout & Hauspie Speech Products NV could make the Belgian-American software maker the new poster child of erroneous financial statements. Now $500 million in debt and with...

  Tags: accounting, company, financial, financial statement, game, lawsuit, Lernout & Hauspie, litigation, restatement, shareholder, stock

• Superior Court Scales Back Preliminary Injunction in Lernout & Hauspie Litigation with Visteon

  - 2000-11-02

  Business/Technology Editors

  Tags: Lernout & Hauspie, litigation, Visteon Corp.

• The Law Firm of Weiss & Yourman Announces Update Relating to Lernout & Hauspie Class Action Litigation

  - 1999-02-26

  NEW YORK--BUSINESS WIRE--Feb. 26, 1999--The following is an

  Tags: Lernout & Hauspie, litigation

• Scott & Scott, LLC Announces Class Periods for SRV, ZILA, DURA, LHSPF

  - 1999-02-11

  COLCHESTER, Conn.--BUSINESS WIRE--Feb. 11, 1999--Scott & Scott, LLC (800/404-7770) announces the following class periods: -0-SERVICE CORP. INTL (NYSE:SRV) 2/2/98-1/13/99 OR the exchange of Equity Corp Int. (NYSE:EQU)...

  Tags: Business Wire, Connecticut, Lernout & Hauspie, Litigation