Taylor Bean & Whitaker Mortgage Corp.’s ex-Chairman Lee Farkas lost a bid to overturn a lifelong ban on securities industry employment imposed after he was convicted of orchestrating a $3 billion scheme prosecutors said was among the biggest bank frauds recorded in the U.S.
A foreign company enlisting the assistance of U.S. courts under Chapter 15 of the Bankruptcy Code is barred from terminating licenses of U.S. patents, according to an opinion by the U.S. Court of Appeals in Richmond, Virginia.
Fights over forming unions are hardball -- which is why the decision process is more heavily regulated than almost any other act of association in American life. One popular technique favored by unions is to promise management something in exchange for a promise to stay neutral and even allow organizers access to the workplace.
The fight over President Barack Obama ’s health-care law, after federal judges split on whether it’s constitutional, is headed to three U.S. appeals courts as states examine whether the statute is enforceable.
The government has ways to make you talk, as writer James Risen was reminded when the U.S. Court of Appeals for the Fourth Circuit ordered him last week to testify against the Central Intelligence Agency source who told him about covert operations regarding Iran’s nuclear facilities.
Dissident Syms Corp. creditors are dissatisfied with the plan negotiated by the official creditors’ committee and intend to block approval of the reorganization plan in bankruptcy court at the Aug. 29 confirmation hearing.