Barry Ostrager News
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Bank of America Corp. asked a New York appeals court to overturn portions of a lower-court ruling that improved bond insurer MBIA Inc.’s chances of recovering losses on mortgage loans.
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White & Case LLP hired five Linklaters LLP capital markets lawyers in Paris, all of whom join the firm as partners. Philippe Herbelin, Cenzi Gargaro and Séverin Robillard were partners at Linklaters. Gilles Endréo, formerly a partner at Linklaters, though now a consultant according to White & Case, and Thomas Le Vert, an associate, also join White & Case as partners.
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Dish Network Corp. asked a jury to make Walt Disney Co.’s ESPN pay at least $153 million in damages for allegedly breaching a contract by offering competitors including Comcast Corp. better licensing terms for sports programming.
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Dish Network Corp. lost three of four claims it brought against Walt Disney Co.’s ESPN over terms of a sports programming contract, as a jury awarded Dish only $4.85 million of the $153 million it sought.
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Dish Network Corp. is seeking $152 million from Walt Disney Co.’s ESPN for allegedly breaching a contract by offering competitors including Comcast Corp. better licensing terms for sports programming.
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Ex-Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other former bank officials ended talks with the Federal Deposit Insurance Corp. on settling a lawsuit, a lawyer said.
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Federal jurors began hearing a contract dispute today over whether Ingersoll Rand Plc owes $11 million or $72 million to 130 employees under an incentive plan tied to its sale of a subsidiary, Dresser-Rand Group Inc.
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Ex-Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other former bank officials ended talks with the Federal Deposit Insurance Corp. on settling a lawsuit, a lawyer said.
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Three former executives of Washington Mutual Inc. will together pay $400,000 out of pocket as part of a $64 million settlement with the Federal Deposit Insurance Corp. over the largest U.S. bank failure, according to a person briefed on the matter.
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Ingersoll Rand is set to go to trial today in a lawsuit over how much it owes to 130 employees who claim they deserve bonuses under an incentive plan tied to the company’s sale in 2004 of Dresser-Rand Group Inc.
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