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27 Oct 2013, 1:36 pm
Such was apparently the case in the relationship between Ford Motor Co. and Navistar. [read post]
10 May 2020, 7:49 pm by Brianna Smith
Cummings and Navistar, Inc. recently issued a recall for certain school buses, trucks, and other vehicles over concerns their engines might overheat. [read post]
16 Dec 2010, 6:01 pm by Ted Allen
"Giving shareholders a vote every one to three years on the entirety of the Company's executive compensation practices is vastly different from giving shareholders a separate opportunity to weigh in when Navistar contemplates paying out more than two times the amount of executive's salary and bonus in severance," the Teamsters argued in a Nov. 8 letter.The union fund also pointed out that it was seeking a vote on future severance benefits, whereas the company's 2011… [read post]
24 Mar 2012, 5:31 am by CorporateAcquisitions MergerLawBlogger
You may remember that in February Navistar and about a dozen other companies that had adopted exclusive forum bylaw provisions were sued by shareholders in the Delaware Chancery Court. [read post]
16 May 2018, 6:05 am
The Ohio Supreme Court today affirmed the ruling of the state tax commissioner and the Board of Tax Appeals (BTA) that heavy-vehicle maker Navistar is not entitled to $27 million in commercial activity tax credits. [read post]
5 Jan 2011, 10:50 am by Ted Allen
We note that Navistar does not appear to have a policy of having to obtain shareholder approval for future severance agreements,” Thomas Kim, chief counsel for the Corporation Finance Division, said in the staff letter. [read post]
25 Jan 2012, 7:17 pm by Tracy Coenen
(auditors Grant Thornton) and Navistar International Corp. [read post]
1 Apr 2009, 2:39 pm
700 Monaco Coach shareholders are likely stuck holding an empty bag of shares of stock after the company terminated them and filed for bankruptcy in March. [read post]
27 Feb 2007, 5:20 am
  In the post below, Armin Sarabi discusses the recent SEC decision upholding the NYSE's decision to delist Navistar International Corporation. [read post]
24 Mar 2007, 11:53 pm
The voluntary recall by Ford motor Co. includes some 37,400 trucks in the F-Series built by Navistar International Corporation. [read post]
8 May 2014, 9:59 pm by admin
Navistar Defense, LLC, the Court of Appeals for the Fifth Circuit agreed with a bankruptcy trustee that he had the standing to litigate a qui tam suit originally brought by a bankrupt company, but the court also affirmed the dismissal of that suit for failing to allege a violation of the False Claims Act. [read post]
16 Dec 2010, 4:20 am by Broc Romanek
Interestingly, a few months back, Navistar settled a SEC Enforcement action regarding years-long accounting fraud (see this article). [read post]
1 Apr 2022, 6:45 am by Stephen Komarec
Competitors for the $7.3 billion recompete contract, including GM Defense, AM General and Navistar, will have access to the proprietary design of the JLTV that Oshkosh used to win the LRIP contract. [read post]
25 Apr 2015, 4:21 am
., Civil Action No. 1:10-CV-01277 Notice of Covered Action 2011-33In the Matter of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Administrative Proceeding File No. 3-14204 Notice of Covered Action 2011-101In the Matter of Navistar International Corporation, Daniel C. [read post]
29 Mar 2013, 12:58 pm
I'm not sure what to make of this case.On the one hand, I agree that the jury instructions in the case seemed a bit confused. [read post]
3 May 2011, 7:02 am by Tracy Coenen
In cases of corporate fraud, including embezzlement, financial statement fraud, earnings management, bribery, and the like, it’s easy to blame the auditors. [read post]
6 May 2014, 7:23 am by Paul Oven
Mack, Navistar, and Caterpillar are recalling several truck models for issues with brakes, exhaust pipes, and problems with one model’s Electronic Power Distribution Module, leading to increased fire risks. [read post]