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4 Aug 2011, 7:42 am
District Judge Josephine Tucker in Los Angeles denied five motions on Aug. 1 to dismiss a $2.2 billion lawsuit filed by Solid Oak Software Inc. against Haier Group Corp., a computer manufacturer, and two software firms backed by the Chinese government, Zhengzhou Jinhui Computer System Engineering Ltd. and Beijing Dazheng Human Language Technology Academy Ltd. [read post]
3 Aug 2011, 12:16 pm by Jonathan Moore
On August 2, 2011, the Court of Appeals issued a published opinion in Jeddo Drywall, Inc v Cambridge Investment Group, Inc, No. 295726, holding that construction liens filed by laborers for construction work on a multiphase residential development project relate back to the first actual physical improvement on the property and therefore take priority over a mortgage that was filed before the lien claimants’ work was performed but after the first actual… [read post]
2 Aug 2011, 4:24 pm by Cynthia Marcotte Stamer
Chair of the American Bar Association (ABA) RPTE Employee Benefits & Other Compensation Group, a council member of the ABA Joint Committee on Employee Benefits, and past Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, Ms. [read post]
2 Aug 2011, 5:26 am by David Oscar Markus
The AP summarizes the case this way: Former executives of American International Group Inc. and General Re Corp. who were convicted in a $500 million fraud case deserve a new trial, because the judge at their 2008 trial wrongly admitted stock-price data into evidence and gave improper jury instructions, a federal appeals court ruled Monday.The 2nd U.S. [read post]
1 Aug 2011, 1:13 pm
According to Business Insider, the lawsuit against the League also names Riddell, Inc. as a defendant, the company that has been the official football helmet brand for over 20 years. [read post]
1 Aug 2011, 5:41 am by Badrinath Srinivasan
This question has enormous implications for any investors, employees, and service providers of failed schemes who have arbitration agreements with the entities in receivership and are added as defendants by a receiver: if the supervising court allows the receiver to stand in place of creditors, with whom the defendants have no arbitration agreement, then the defendants will not be able to arbitrate their claims and will instead be subject to summary proceedings as a group — an outcome… [read post]
29 Jul 2011, 10:18 am by Steve Matthews
We’ll be back at the end of  August with another round of updates. [read post]
28 Jul 2011, 3:12 pm
This case dates to last fall when PayPal Inc., a web-based company that allows transfers of money between individuals and businesses, was attacked by a hacker group, rendering its website useless. [read post]