David Friedman News
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Some see the president’s plan as an opportunity to expand drilling to protected public lands, including the Arctic National Wildlife Refuge.
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A resort group owned by hedge fund Paulson & Co. won approval for a plan to exit bankruptcy by selling properties to a Singapore sovereign wealth fund.
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U.S. Bancorp’s lawsuit against Lightstone Group LLC over a $100 million guaranty triggered by the bankruptcy of Extended Stay was revived by a New York state appeals court.
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The number of Americans with vision loss not correctable by glasses is rising, caused in part by increasing diabetes rates, a study found.
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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.
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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.
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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.
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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.
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A Hong Kong court dismissed an eSun Holdings Ltd. unit’s $2.39 billion claim against investors in its Macau casino project including Oaktree Capital Management LP and Silver Point Capital LP.
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The Mormons have been granted a reprieve with the arrival on Broadway of “Scandalous: The Life and Trials of Aimee Semple McPherson.”
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