Chancery Division News
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U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
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Hertz Corp. and Avis Budget Car Rental LLC are among four car rental companies suing the city of Chicago over the bidding to occupy a new facility to be built at O’Hare International Airport.
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Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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Citadel Securities LLC, joined by three other investment firms, sued Chicago Board Options Exchange LLC and four more exchanges over claims they systematically overcharged or wrongly assessed fees on trades.
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Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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Barclays Plc bought Tricorona AB in 2010 to build its position as a key player in the $78 billion global market for carbon credits. A former Barclays’s client told a London court it had the same idea two years earlier.
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Eli Lilly & Co. sought to revoke a patent held by a Johnson & Johnson unit, arguing at a London court it might delay availability of a potential treatment for Alzheimer’s.
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Luxembourg will begin the automatic exchange of tax data in 2015, easing its bank-secrecy rules as part of efforts to fight the financial crisis.
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Paulson & Co. executives were sued for alleged conflicts in the handling of intellectual property assets in the bankruptcy of a group of resorts including Miami’s Doral golf course, where Tiger Woods won his 76th PGA Tour event last month.
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Jane Ong thought she had a good case to sue her accountants in Singapore over asset valuations during a two-decade divorce fight. Short of money, she persuaded a litigation funder -- an investor that pays for a lawsuit in return for a share of the proceeds -- to help.
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