Dish Network Corp. Chairman Charles Ergen can dismiss a lawsuit brought by Philip A. Falcone’s Harbinger Capital Partners LLC against him over how he bought debt in LightSquared Inc. and may face claims from the company itself, a judge said.
Borders Group Inc. , the second- biggest U.S. bookstore chain, is taking competing bids to liquidate 200 of its stores after winning court permission on its first day in bankruptcy to draw on a $505 million loan.
Royal Bank of Scotland Group Plc’s interest-rate traders were seated with one of the main rate setters in its London office to share information, and discussed rates on conference calls, a fired trader said.
Germany must face a lawsuit over bonds that defaulted under Adolf Hitler in the 1930s, a U.S. appeals court ruled, saying the nation isn’t immune from the claims and that American courts have jurisdiction to decide whether the bonds are enforceable.
BP Plc may saddle potential buyers of its assets with lawsuits as Europe’s second-biggest oil company tries to raise money to pay claims that may reach $100 billion from the Gulf of Mexico spill, Bloomberg News’s Linda Sandler reports.
Ford Motor Co. Executive Chairman Bill Ford Jr. faced ridicule and resistance over the years for suggesting the automaker his great-grandfather founded needed to go green to survive. And that was from inside his own company.