June 12, 2012 |
UC Irvine law students will travel California this summer to help determine if five giant banks are fulfilling the pledges they made in a $25-billion settlement of foreclosure-abuse investigations. The students -- three this summer, and later expanding to eight or nine -- will meet with housing counselors, legal-aid groups and homeowners. They will work for a consumer-protection clinic set up by Katherine Porter , the UC Irvine law professor tapped by California Atty.
September 6, 2012 |
NEW YORK — A federal judge has approved a U.S. government settlement with three major publishers accused of conspiring with Apple to fix the prices of electronic books. The ruling released Thursday requires the publishers, Hachette, HarperCollins and Simon & Schuster, to abandon a pricing system that they conceived in 2010 when Apple Inc. released the iPad and began selling digital books in its iTunes store. U.S. District Judge Denise Cote approved the deal nearly five months after the Justice Department filed an antitrust lawsuit alleging Apple worked with the largest digital book publishers to rig a system designed to counteract Amazon.com's pricing practices.
November 5, 2013 |
If American Airlines and US Airways divest themselves from "key" airports, the U.S. Department of Justice may be willing to drop its challenge to a merger plan for the airlines. That is the word from U.S. Atty. Gen. Eric H. Holder Jr., who said the Justice Department was discussing a potential settlement of a suit the agency filed in August to halt the merger that would create the nation's largest airline. "What we have tried to focus on is to make sure that any resolution in this case necessarily includes divestitures of facilities at key constrained airports throughout the United States," Holder said during a press conference on an unrelated matter.
August 13, 2013 |
JERUSALEM -- Capping one of the busiest periods in settlement approval in years, Israel gave final planning permission to build about 900 more units of housing on land it seized in 1967, brushing aside U.S. and Palestinian objections ahead of peace talks scheduled to resume in Jerusalem on Wednesday. The development, quietly approved Monday, is located in Gilo, in the southern Jerusalem area. The announcement comes after Israel's Housing Ministry said Sunday it would publish tenders for 1,187 units of housing in the Jerusalem area and in Jewish settlements in the West Bank.
December 26, 2012 |
Toyota Motor Co. has announced an agreement worth more than $1 billion to settle a lawsuit involving unintended acceleration in some of its vehicles. Under terms of the settlement, filed Wednesday in federal court in Santa Ana, Toyota will install a brake-override system in an estimated 3.25 million vehicles and compensate car owners for the alleged reduced value of the vehicles, among other terms. According to attorneys for the plaintiffs, the estimated value of the settlement makes it the largest of its kind, although there have been larger non-auto industry class settlements in recent years.
June 6, 2013 |
This post has been updated. See below for details. Shares of TiVo Inc. jumped more than 8% on Thursday because of a report that the set-top box maker had reached a settlement with Google's Motorola Mobility unit. TiVo sued Motorola last year for billions of dollars for patent infringement over its digital video recording technology. Motorola previously hit TiVo with a lawsuit over its DVR technology in 2011. Bloomberg News...
August 20, 2013 |
Oscar Pistorius' lawyers have approached the family of Reeva Steenkamp, the girlfriend he is accused of murdering, hoping to negotiate an out-of-court settlement of a lawsuit separate from the criminal case the athlete faces. Both sides confirmed the talks to South African media outlets but declined to discuss any details. "You will understand this is a very sensitive situation," Kenny Oldwage, one of Pistorius' attorneys, told the South African Times . Pistorius, a double-amputee sprinter who competed in the 2012 London Olympics, was indicted Monday for shooting Steenkamp in the early morning hours of Valentine's Day at his home.
February 5, 2013 |
Nasdaq soon may pay a penalty for its flawed handling of Facebook Inc.'s initial public offering. But it may not be paying all that much. The Wall Street Journal reported that Nasdaq is in settlement talks with the Securities and Exchange Commission to pay about $5 million to resolve the agency's eight-month investigation of Nasdaq's technological miscues in the closely watched IPO. That would be a fraction of the estimated $500 million...
September 22, 2013 |
JERUSALEM - Following the killing of two Israeli soldiers over the last three days, Israeli Prime Minister Benjamin Netanyahu said he would expand a controversial Jewish settlement in the West Bank city of Hebron. “We will continue to fight terrorism with one hand, and strengthen settlements with the other," Netanyahu said. In retaliation for the shooting of an Israeli soldier Sunday in Hebron, Netanyahu said he would allow for the immediate resettlement of Beit Hamachpela, a disputed building near Hebron's Tomb of Patriarchs and Ibrahimi mosque.
CALIFORNIA | LOCAL
August 11, 2012 |
Setting the stage for future legal battles, a state appeals court Friday nullified a settlement that allowed the Los Angeles Unified School District to shield certain schools from teacher layoffs during budget crises. The decision by the California 2nd District Court of Appeal voided a settlement in Reed vs. L.A. Unified that allowed the district to bypass seniority-based layoffs at 45 schools. Those campuses, the district argued, would be heavily affected because many of their faculty members have taught for relatively fewer years and thus accrued little seniority.