Chiquita Brands International Inc., owner of the namesake banana label, agreed to buy Ireland’s Fyffes Plc to create the world’s biggest supplier of the fruit for about 403 million euros ($559 million).
BP Plc was told by a federal appeals court to abide by terms of a $9.2 billion settlement with victims of the Gulf of Mexico oil spill after failing to satisfy judges that a claims administrator is misinterpreting the deal.
Caesars Entertainment Corp., largest owner of casinos in the U.S., will sell four properties to an affiliate for $2.2 billion, freeing up cash as the company works to restructure $24.5 billion in debt.
The Bernard Madoff trustee, who will try to reinstate hundreds of lawsuits through an appeal to be argued March 5 in Manhattan, had his chances of success dealt a blow last week when the U.S. Supreme Court decided a case involving R. Allen Stanford’s Ponzi scheme.
Texas appealed a court decision that the state’s ban on same-sex marriage is unconstitutional, a ruling praised by gay rights supporters as a major victory in nationwide litigation spurred by a 2013 Supreme Court ruling.
A federal judge said Texas’s ban on same-sex marriage is unconstitutional and should be blocked while opponents seek to overturn it, granting a victory to supporters of gay unions in the nation’s second-largest state.