U.S. Federal Court News
-
Porsche Automobil Holding SE, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker’s aborted takeover of Volkswagen AG, was sued by 25 more hedge funds in Germany.
-
Porsche SE, the family-controlled holding company that owns a majority stake in carmaker Volkswagen AG, said an additional 12 hedge funds dropped a U.S. court appeal in a market manipulation suit.
-
India’s Supreme Court denied Novartis AG’s request for patent protection for its Gleevec cancer treatment, allowing the nation’s generic-drug makers to continue to sell copies of the drug at a lower price.
-
Porsche Automobil Holding SE, fighting market manipulation allegations in three countries, may be able to consolidate most of the litigation in Germany after a group of hedge funds dropped a U.S. appeals court case.
-
BASF SE, the world’s biggest chemical company, lost a U.S. appeals court bid to force Makhteshim-Agan Industries Ltd. to stop selling a version of its popular termite killer, a day after filing a new patent suit against that competitor.
-
Morgan Stanley can be sued by Singapore’s Hong Leong Finance Ltd. in a New York court over claims it deceptively sold instruments designed to fail.
-
Samsung Electronics Co. countersued Ericsson AB for patent infringement, claiming it unlawfully used the South Korean phone maker’s technology and breached an agreement.
-
Porsche Automobil Holding SE, Volkswagen AG’s majority shareholder, said it’s confident of finding acquisitions that will enable the company to expand its assets beyond control of Europe’s largest carmaker.
-
U.S. Representative John Conyers Jr., chairman of the House Judiciary Committee, introduced a bill on June 10 that would take away some of BP Plc’s bankruptcy options, should it choose reorganization to resolve liabilities for the oil spill in the Gulf of Mexico.
-
Zain Fancy, who joined Och-Ziff Capital Management Group LLC from Morgan Stanley in 2008, sued two units of the New York-based hedge fund manager in Singapore, claiming they withheld $7.9 million in pay and stock that he was owed.
|
|
U.S. Federal Court Photos
Most Popular on Bloomberg
|
|
U.S. Federal Court Videos
|
|
Rate this Page