Search Results for: U.S. Supreme Court
BNY Mellon in forex settlement talks with U.S., N.Y. – sources
February 25th, 2015
Bank of New York Mellon Corp (BK.N) is in settlement talks with the U.S. Justice Department and New York attorney general over claims the bank defrauded clients in foreign exchange transactions, according to sources familiar with the matter. BNY ...
U.S. judge upholds BP ‘gross negligence’ Gulf spill ruling
November 14th, 2014
A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company’s conduct was “grossly negligent.” The decision by U.S. District Judge ...
U.S. judge rejects BP bid to oust Gulf spill claims chief
November 11th, 2014
BP Plc has failed to persuade a federal judge to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier in New Orleans on ...
Tesla wins court over direct sales in Massachusetts
September 16th, 2014
Massachusetts’ highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc (TSLA.O) from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships. The state’s Supreme Judicial Court ...
U.S. court revives BP retirement-plan suit filed after oil spill
July 16th, 2014
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...
Argentina Tests U.S. Court Order by Posting Interest Payment
June 27th, 2014
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said the South American nation complied with its foreign debt obligations ...
Roberts Reunites High Court Majority After Obamacare Vote
May 19th, 2014
The U.S. Supreme Court’s conservative majority is back to being the conservative majority. Two years after the court upheld President Barack Obama’s health-care law and a year after it bolstered gay rights, the five Republican-appointed justices are voting together ...
Here’s the first deal of the legal sports betting era: Paddy Power Betfair is buying FanDuel
May 24th, 2018
Earlier this month, the U.S. Supreme Court gave the go-ahead to legal sports gambling. Now we have the first result of that deal: Paddy Power Betfair, a U.K.-based sports-betting heavyweight, is buying FanDuel, a big fantasy sports operator. This ...
Jay Clayton Sworn in as Chairman of SEC
May 5th, 2017
Jay Clayton was sworn into office this afternoon by U.S. Supreme Court Justice Anthony M. Kennedy as the 32nd Chairman of the Securities and Exchange Commission. “It is a tremendous honor to lead the SEC and to be sworn in ...
Robot judges: Artificial Intelligence predicts judicial outcomes
October 27th, 2016
Advances in artificial intelligence have some envisioning a future in which machines could be entrusted to dispense justice. While the idea of robot judges may never move beyond science fiction, computer scientists are getting better at using algorithms to predict judicial ...
