BUSINESS
November 8, 2011 | David Pitt, AP Personal Finance Writer
Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding competitions to win business from state and local governments. Banks help municipalities invest the money they raise from bond offerings to earn interest before paying for projects. They compete by submitting to state and local governments the best yield they can offer. The lawsuit alleges several banks rigged the process and deprived governments of a true competitive process that would produce the best returns on their investments.
NEWS
September 24, 2011 | Associated Press
LONDON - A former tabloid editor who was once the British prime minister's media aide is suing News International over its refusal to pay his legal fees, his lawyers said yesterday. Andy Coulson's law firm DLA Piper said in a statement that it has begun proceedings against Rupert Murdoch's News International for reneging on an agreement to pay legal costs. Coulson is among those who have been arrested in the phone hacking scandal. Coulson, a former News of the World editor who later went on to serve as Prime Minister David Cameron's top media aide,...
NEWS
June 29, 2011 | By Jessica Bartlett, Town Correspondent, Globe Staff
By Jessica Bartlett, Town Correspondent Hingham officials decided against hiring an in-house lawyer for the upcoming year despite the large amount money the town has recently had to pay contracting out legal work. Selectmen discussed potentially hiring an in-house counsel at their meeting Monday morning, but took no action on the matter after Town Administrator Ted Alexiades guessed that, in the end, a staff lawyer would cost the town more than outside counsel was costing them now. “We’ve been carrying a legal budget close to...
NEWS
December 12, 2010 | Jill Lawless, Associated Press
LONDON — What’s a tweet, between friends? The law says sometimes it’s a threat. One man thought he was just bantering with his pals when he joked about blowing an airport sky-high. Another was reacting to a radio phone-in when he mused about stoning a journalist to death. Because they made their throwaway comments on Twitter, both are in legal trouble. Their cases have outraged civil libertarians and inflamed debate about the limits of free speech in a Web 2.0 world.
BUSINESS
February 12, 2010 | Associated Press
NEW YORK - EBay Inc. will pay about $316,500 to Louis Vuitton Malletier for legal costs and damages and stop using Internet search terms the luxury goods maker protested, following a ruling yesterday by Paris District Court. The online auction site was found liable for harming the reputation of Louis Vuitton trademarks, the company name, and domain name - all held by LVMH Moet Hennessy Louis Vuitton. EBay said it will appeal. EBay had been buying keywords such as “Viton,’’ “Vitton,’’ and “Wuiton’’ so online shoppers entering such misspellings...
NEWS
March 11, 2009 | Associated Press
DENVER - Trial lawyers and a judicial think tank are suggesting major changes in the way courts hear civil suits, saying current rules allow attorneys to drag out disputes by demanding irrelevant and hard-to-find data. The current rules for "discovery" - the sharing of information ahead of a trial - in civil suits are antiquated and too broad, according to a report yesterday by an American College of Trial Lawyers task force and the Denver-based Institute for the Advancement of the American Legal System.