A change in federal student loan policy has forced Access Group, a nonprofit company that has been the largest single provider of loans to law students since 1983, to stop lending to new students and to shed most of its staff.
In what appears to be the largest shareholder derivative judgment ever by the Delaware Chancery Court, a judge on Friday ordered Grupo Mexico to pay $1.26 billion to Southern Copper Corp. in a suit over a $3.1 billion Latin American mining merger.
Liquidators for the largest of the feeder funds that funneled investor money to Bernard Madoff’s Ponzi scheme have lost two key rulings in less than a week that may limit their multibillion-dollar clawback claims against banks whose customers invested in Madoff through the fund.
A jury has awarded $11.7 million to the family of a man who died on a badly maintained stretch of county road while trying to help an injured motorist. The lawyer for the victim’s family calls the award one of the largest wrongful death awards on record against that particular county.