California’s limit of $250,000 on medical malpractice damages for pain and suffering, which became a model for other states almost 40 years ago, could be increased under a voter initiative to be submitted today.
The criminal investigation that opened yesterday into General Motors Co.’s handling of an ignition flaw linked to 12 deaths adds to legal challenges that threaten to overshadow the company’s turnaround.
Chevron Corp. won a U.S. judge’s ruling that a multibillion-dollar pollution judgment issued in Ecuador was procured by fraud, making it less likely that plaintiffs will collect the $9.5 billion award.
Four men charged with insider trading have lost their trial lawyers because of cuts to legal aid in the U.K., days before they were scheduled to enter pleas, according to four people with knowledge of the case.
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.
The U.S. Supreme Court let aggrieved investors in R. Allen Stanford’s $7 billion Ponzi scheme sue outside companies and law firms alleged to have played a role in the fraud, dealing a setback to the securities industry.
DLA Piper UK partners Debra Erni and Graham Tyler, who headed the asset finance practice, will join Pillsbury Winthrop Shaw Pittman LLP’s transportation finance team in London at the beginning of May with three associates.