A $68.8 million settlement between tenants at the Manhattan apartment complex Stuyvesant Town-Peter Cooper Village and MetLife Inc. and CWCapital Asset Management LLC over rent overcharge claims won court approval.
Two tenants of the Manhattan apartment complex Stuyvesant Town-Peter Cooper Village objected to a $68.8 million settlement residents reached with MetLife Inc. and CWCapital Asset Management LLC in November over rent overcharge claims.
AMC Networks Inc. and pay-TV provider Dish Network Corp. reached a $700 million settlement of their lawsuit over AMC’s claim that Dish wrongfully terminated their contract for high-definition television programming.
Dish Network Corp. was ordered by a New York judge to turn over documents to AMC Networks Inc. as a trial continues over AMC’s claim that Dish wrongfully terminated their high-definition television programming contract.
A court-imposed sanction against EchoStar Satellite LLC, for “egregious” conduct in destroying e-mail evidence, may jeopardize the company’s defense of a $2.5 billion Cablevision Systems Corp. contract suit.
AMC Networks Inc. is facing Dish Network Corp. in a $2.4 billion trial over a failed programming deal that may also determine whether the satellite network’s viewers will get to see AMC shows such as “Mad Men.”
Bart M. Schwartz, the court- appointed receiver for Ariel Fund Ltd. and Gabriel Capital LP, which were feeder funds for Ponzi schemer Bernard Madoff, sued J. Ezra Merkin for breach of fiduciary duty, gross negligence and fraud.
A Travelers Cos. unit was awarded $262.3 million plus interest against a group of insurance companies including a unit of Munich Re AG , the world’s biggest insurer, in a reinsurance dispute tied to asbestos-injury claims from the 1970s.
Senior debt holders of Stuyvesant Town-Peter Cooper Village, Manhattan’s biggest rental complex, plan to proceed with an Oct. 4 foreclosure sale after a judge blocked a rival group’s move to take control of the apartments.
Senior lenders to New York’s Stuyvesant Town-Peter Cooper Village apartment complex won their bid to stop a foreclosure sale sought by investors including Bill Ackman ’s Pershing Square Capital Management LP.