The U.S. Supreme Court agreed to consider longstanding business complaints that states including California are undermining the benefits of arbitration by requiring that consumers be allowed to press cases as a group.
Lloyd’s of London asked a U.S. judge to declare that it and Transocean Ltd. ’s other excess-insurance carriers have no obligation to cover BP Plc clean up and damage claims resulting from the Gulf of Mexico oil spill.
While prosecutors await a jury’s verdict in the trial of Galleon Group LLC’s Raj Rajaratnam, they may take comfort that four defendants tied to the insider- trading probe that began with him are pursuing plea deals.
Steven Donziger, a New York attorney accused of leading a racketeering scheme in an environmental lawsuit against Chevron Corp., hired appellate attorney Deepak Gupta of Washington’s Gupta Beck PLLC to represent him in an anticipated appeal, the firm said on its website.
AT&T Inc., the second-largest U.S. wireless carrier, may terminate its service to an iPhone user who it says violated his agreement by tethering his device, unless he keeps settlement talks with the company confidential.