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.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
U.S. federal courts ordered the seizure of 150 domain names for websites alleged by authorities to have sold counterfeit goods in violation of copyright and other intellectual property laws, said a law enforcement official who wasn’t authorized to discuss the matter.
Securities-fraud class-action lawsuits fell 15 percent in the first half of the year from the same period a year earlier, according to study by Stanford University’s Securities Class Action Clearinghouse and Cornerstone Research .
Ericsson AB, the world’s largest maker of wireless networking equipment, sued Samsung Electronics Co. for patent infringement, saying the South Korean phone maker failed to extend a licensing deal after years of negotiations.