Starwood Hotels & Resorts Worldwide Inc. and Expedia Inc. among other hotel and Internet travel agencies won dismissal of an antitrust lawsuit after a judge found consumers hadn’t showed the companies conspired to fix room prices.
American Express Co. won preliminary court approval of a settlement with U.S. merchants over transaction fees that the retailers say complements a multibillion-dollar accord with Visa Inc. and MasterCard Inc.
Lawsuits accusing Goldman Sachs Group Inc., JPMorgan Chase & Co., their warehousing businesses and the London Metal Exchange of constricting aluminum supplies and driving up prices will be handled in a New York court.
Clifford Chance LLP formed an association with Linda Widyati & Partners of Indonesia, a boutique law firm with experience in corporate mergers and acquisitions, banking and finance, and capital markets.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
Teva Pharmaceutical Industries Ltd., the world’s biggest generic drugmaker, didn’t infringe any of Purdue Pharma LP’s valid patents related to the painkiller OxyContin, a federal judge ruled after a nonjury trial.