News
Securities
- [09/03] Stocks jump after relatively upbeat US jobs data
- [09/03] Experts see trouble ahead for developed world
- [09/02] Share trading halted in Nordic paper makers
- [09/02] Report: SEC Investigating canceled trades
Financial Services
- [09/03] Gouverneur Bancorp, Inc. Announces Semi-Annual Dividend
- [09/03] Hundreds of Volunteers Spending Labor Day Vacation Building Homes for Low-Income Families as Part of Worldwide Housing Event
- [09/03] deVere Selected to Join Judging Panel for International Adviser's International Life Awards 2010
- [09/03] Swedish bank Carnegie buys troubled competitor
Securities Litigation
Employment Practices
- [08/19] Workplace deaths fall to lowest level since 1992
- [07/29]
Case Summaries
Dispute Resolution & Arbitration
[09/03]
Allied Maritime, Inc. v. Descatrade SA
An order vacating the process of maritime attachment and garnishment issued on April 15, 2009 attaching defendant's assets to secure a putative foreign arbitral award and dismissal of the complaint for lack of jurisdiction is affirmed where the district court properly concluded that it lacked jurisdiction over defendant’s bank account in Paris, France, the suspense account created by the bank in response to the attachment order, and any other intangible property arising from an electronic funds transfer.
[08/31]
Cent. States Southeast & Southwest Areas Pension Fund v. O'Neil Bros. Transfer & Storage Co.
In a multi-employer pension fund administrator's suit against an employer seeking interim payment of withdrawal liability under the Employee Retirement Income Security Act, district court's grant of summary judgment for administrator is affirmed as defendant's default is governed by the provisions of 29 U.S.C. section 1399(c)(5)(B), and under that section, as interpreted reasonably by the Pension Benefit Guaranty Corporation (PBGC), the entire amount of the withdrawal payment is immediately payable upon default and that obligation is not deferred because of the pendency of arbitration.
[08/31]
Cotchett, Pitre & McCarthy v. Universal Paragon Corp.
In defendant's suit against a law firm, claiming that an arbitrator's award of $7,554,149.13 in attorney fees and expenses for the law firm, related to its representation of defendant in an underlying complex environmental litigation, is unconscionable and violates public policy, superior court's affirmance of the award is affirmed as, assuming that defendant's claim of unconscionability is subject to judicial review as a predicate for determining whether the arbitration award violates public policy, the claim is rejected on the merits as neither the fee agreement nor the award actually issued by the arbitrator is unconscionable under rule 4-200 of the Rules of Professional Conduct.
[08/30]
Next Step Med. Co., Inc. v. Johnson & Johnson Int'l
[08/30]
Critzer v. Enos
In plaintiffs' suit against a homeowners association (HOA), and a property owner and its successor in interest, involving a dispute concerning a window installed in defendant-property owner's upstairs bathroom, trial court's order enforcing the parties' settlement is reversed where: 1) the order enforcing the settlement finally determined the rights of the parties, and therefore, the order is amended to include an appealable judgment; and 2) because there was neither an oral settlement all parties personally agreed upon, nor a written settlement signed by all of the parties, the court lacked authority under the summary procedure of section 664.6 to enforce any settlement.
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