London’s mansion dwellers and their desire for cavernous new basements, subterranean swimming pools and home cinemas are attracting a wave of private lenders as banks stung by the financial crisis shun risk.
Mazda Motor Corp. says it’s making “real-world” fuel-efficiency a core attribute of a brand that mainly touts sporty handling as the Japanese carmaker seeks to lift U.S. volume 74 percent by mid-decade from last year.
A Maryland public pension fund was named lead plaintiff in a consolidated shareholder lawsuit against Toyota Motor Corp. accusing the carmaker of failing to disclose defects related to sudden-acceleration of its vehicles.
Weil, Gotshal & Manges LLP advised Fidelity National Financial Inc., the largest U.S. title insurer, on an agreement to buy its former unit, Lender Processing Services Inc. Cravath, Swaine & Moore LLP advised LPS.
Michigan officials said they will appeal a court ruling requiring a judge’s pre-approval for implementation of any agreement between Detroit and a state financial review team to address the city’s financial crisis.