While suing Standard & Poor’s for fraud, states from New Jersey to California ironically are helping fund the world’s largest credit rater’s legal defense by requiring that their pension funds use its rankings.
Robins, Kaplan, Miller & Ciresi LLP bested Kellogg Huber Hansen Todd Evans & Figel PLLC in the arbitration between Starbucks Corp. and Mondelez International Inc. that resulted in a $2.79 billion victory for Mondelez.
A New Jersey town settled a housing- bias lawsuit that was set for a U.S. Supreme Court hearing next month, scuttling a case that might have shielded lenders from discrimination suits pressed by the Obama administration.
Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought legislation on asbestos claims advance in Congress today.
Republican lawmakers criticized potential security flaws in the U.S. health exchanges as Obama administration officials said they have made protecting customer privacy a top priority in their efforts to fix the website.