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litigation

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Litigation: the process of bringing a lawsuit against an individual or organization; Litigation definition on BNET »

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Tropicana Bondholders Ask For Trustee Control: NEW YORK (Reuters) - Some noteholders of Tropicana Entertainment LLC, which has filed for bankruptcy, asked for it to be placed under a court-appointed trustee's control, saying CEO William Yung had come close to destroying the casino operator's prospects, according to...; Tags: Litigation, bondholder, bankruptcy, debtor, casino, creditor, bankruptcy protection, New York, Thomson Reuters Corp., CEO; News items 2008-05-07
Pfizer Reaches Deal With Some Celebrex Users: Report: NEW YORK (Reuters) - Pfizer Inc (PFE) has reached tentative deals with some patients who claim to have suffered heart attacks and strokes from taking the company's Celebrex and Bextra pain medicines, the Wall Street Journal said on Friday, citing plaintiff...; Tags: Pfizer Inc., law firm, attorney, patient, pending litigation, lawyer, New York, advisor, Thomson Reuters Corp., litigation, benefit; News items 2008-05-02
Clear Channel Trial Begins in New York: NEW YORK (Reuters UK) - The trial over the financing of the $20 billion (10.3 billion pound) Clear Channel Communications (CCU) buyout began in New York State Court on Tuesday, after being adjourned from Monday. Clear Channel said on Monday that talks between the parties ...; Tags: Clear Channel Communications Inc., Mergers & Acquisitions, Litigation, Financial Services, Investment, Financial Accounting, Finance, Business Operations; News items 2008-05-13
Merck Extends Deadline For Vioxx Settlement: NEW YORK (Reuters) - Merck & Co (MRK) said on Thursday at least 94 percent of eligible U.S. claimants have elected to participate in its $4.85 billion proposed Vioxx settlement, and the drugmaker extended the deadline for the remainder to join ...; Tags: Litigation, Merck & Co. Inc., settlement, proposed settlement, drug company, stroke, patient, lawsuit, U.S., New York, Thomson Reuters Corp.; News items 2008-05-01
Eos Airlines Files Bankruptcy: NEW YORK (Reuters) - Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening...; Tags: Litigation, Chapter 11 bankruptcy protection, carrier, New York, bankruptcy protection, London, ATA, bankruptcy, Thomson Reuters Corp.; News items 2008-04-27

Eos Airlines Files Bankruptcy: NEW YORK (Reuters UK) - Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening economy. Eos said...; Tags: New York, Bankruptcy, Carrier, Eos, Litigation, Business Operations, Oukbs; News items 2008-04-27
Barney's Chief Executive to Resign: Paper: NEW YORK (Reuters) - The chief executive of luxury clothing retailer Barneys New York has said he plans to resign, The New York Times reported on Saturday. Citing colleagues of Howard Socol, who presided over the company's steadying after it fell into bankruptcy...; Tags: Retail, New York Times Co., retail company, CEO, New York, bankruptcy, Thomson Reuters Corp., knowledge, strategy, phone, e-mail; News items 2008-05-10
OzJet Sold to HeavyLift Cargo Airlines: Australian aviation and motor racing identity Paul Stoddart has sold his niche charter airline, OzJet, to HeavyLift Cargo Airlines.OzJet said Sydney-based HeavyLift had acquired OzJet and its fleet of four Boeing 737 aircraft "in a multi-million dollar deal".Mr Stoddart said he was pleased that OzJet would maintain its progress...; Tags: Airline, OzJet, Litigation, Business Structures, Business Operations, Finance, AAP; News items 2008-05-06
Beazer Homes Releases Long Awaited '07 Results: NEW YORK (Reuters) - Home builder Beazer Homes USA (BZH) said on Monday that it lost $10.70 per share in fiscal 2007, it released restated results for several years, and said it remains the target of several state and federal investigations. Beazer said...; Tags: Accounting, Financial, Settlement, Ethics, Business Ethics, Litigation, Operational Accounting, Beazer Homes USA Inc.; News items 2008-05-12
Police Probe Fraud at HSBC: LONDON (Reuters UK) - Police are investigating an alleged attempted fraud at Britain's biggest bank, HSBC Holdings (HSBA), the bank said on Thursday, which is estimated to involve about 70 million pounds. HSBC said no customer funds were involved and that no money had been...; Tags: Bank, Fraud, Litigation, Financial Services, Business Operations, Hsbc, Oukbs; News items 2008-05-01
BA to See Whether Rules Kept Over Alitalia Loan: LONDON (Reuters UK) - British Airways (BAY) said it was watching to ensure European Union guidelines on state aid are met following the emergency loan to struggling airline Alitalia (AZPIa), a spokesman said on Thursday. The Italian government decided on Tuesday to give Alitalia a...; Tags: European Union, Alitalia, Government, Litigation, Vertical Industries, Business Operations, Enterprise Software, Spokesman; News items 2008-04-24
AstraZeneca and Ranbaxy Settle Nexium Patent Dispute: By Ben Hirschler LONDON (Reuters UK) - AstraZeneca Plc (AZN) has settled a U.S. patent dispute with India's Ranbaxy Laboratories Ltd (RANB) over its top-selling ulcer pill Nexium, securing future sales of the product and boosting its shares 8 percent. The deal removes the biggest single...; Tags: Analyst, AstraZeneca Plc., Litigation, Nexium, Patent, Ranbaxy Laboratories Ltd., Sales, Sales Strategy; News items 2008-04-15
Citigroup Wins Dismissal of Many Parmalat Claims: By Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc (C) has won the dismissal of much of a multibillion-dollar New Jersey lawsuit over its alleged role in the 2003 collapse of Parmalat SpA (PLT), the Italian food company. The largest U.S. bank still...; Tags: Food & Beverage, Citigroup Inc., Deloitte Touche Tohmatsu, fiduciary, New Jersey, food company, Milan, collapse, fraud, bankruptcy, lawsuit, settlement, corporate law, food, New York, litigation, Thomson Reuters Corp., C, bank; News items 2008-04-15
Eurotunnel Launches 719 Million Pound Rights Issue: PARIS (Reuters UK) - Eurotunnel (GETP), the company which runs the subsea link between Britain and France, said on Tuesday it was launching a 915.4 million euro (719 million pound) rights issue as part of its finance restructuring. Groupe Eurotunnel said the subscription period for the...; Tags: Euro, Subscription Price, Operational Accounting, Litigation, Banking, Financial Services, Financial Accounting, Finance; News items 2008-04-29
The Bankruptcy Code Acknowledges the Validity of the Homestead Exemption: Many times the subject of bankruptcy seems baffling in its complexity. Actually the basic principals of bankruptcy are fairly simple even though the federal statuses on bankruptcy are extensive. The reason that the statutes are so complex is because in as effort at social engineering, the lawmakers want to cover...; Tags: bankruptcy, litigation; White papers
The Secret Struggles of Serial Bankruptcy: The stories that a person hears about people deliberately filing for bankruptcy multiple times aren't all true. Some people just have major problems that would overwhelm anyone. A few, however, do game the system. Lenders often see recent bankrupts as a better credit risk than those struggling with debt. The...; Tags: Litigation, Microsoft Corp., bankruptcy, game; White papers
Bankruptcy Law Backfires on Credit Card Issuers: Credit card issuers and other lenders spent a small fortune to get bankruptcy reform legislation passed. Now the new law is costing them even more. An unprecedented spike in filings before reform took effect in fall 2005 is chewing into lenders' bottom lines, and the subsequent lull is showing signs...; Tags: Litigation, Microsoft Corp., bankruptcy, credit card company, credit card, agency; White papers
Real Estate Bankruptcy: Although real estate bankruptcy cases no longer dominate the bankruptcy courts' dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases...; Tags: Litigation, real estate, bankruptcy; White papers
Mortgage After Bankruptcy: Most people probably assume that obtaining a mortgage to purchase a home, refinance or to consolidate debt after a bankruptcy is out of the question. In fact, many people are able to obtain these mortgage services, even 1 day after a bankruptcy discharge in some cases. Loan programs and lenders...; Tags: Litigation, bankruptcy; White papers
Bankruptcy: Is It for You?: Bankruptcy does offer a clean start. For those who are struggling with debts and just can no longer make ends meet, this seems like the right choice to make. But, before a person head downs that road, the person should make sure that it is the right decision for himself...; Tags: Litigation, bankruptcy; White papers