AT&T isn’t on the hook for the bulk of a $1 billion settlement of a class action alleging overcharging for taxes. Instead, AT&T agreed to work with the plaintiffs lawyers to chase after tax refunds from state and local governments for 32 million consumers.
Morrison & Foerster has convinced a federal judge to slash the bulk of a putative class action against Hydroxycut maker Iovate Health Sciences and retailers of the dietary supplement, including GNC, Wal-Mart and Walgreens.
Washington Mutual’s bankruptcy finally looks to be winding down, with Delaware bankruptcy Judge Mary F. Walrath signing off on an order approving a disclosure statement filed in connection with WaMu’s proposed reorganization plan. The plan, which would liquidate $7 billion with the bulk coming from a $6 billion settlement between WaMu, its owner JPMorgan Chase, and the FDIC among various creditors, is set to be voted on by WaMu’s creditors on Nov
A bill that would have provided up to $7.4 billion in aid to 9/11 rescue and recovery workers sickened after working in the World Trade Center ruins fell short in the House on Thursday, raising the possibility that the bulk of compensation for the ill will come from a legal settlement hammered out in the federal courts. The bill, which would have provided free health care and compensation payments, failed to win the needed two-thirds majority
A group of 24 Mendes & Mount attorneys — including seven partners — has departed to launch a boutique after at least one of the partners failed to persuade the firm to amend its mandatory retirement policy. The new firm consists of the bulk of Mendes & Mounts’ aviation practice, according to partner Ralph V.