Tax troubles are rearing their heads again for international law firms in India, following a Mumbai tax tribunal’s ruling that British legal giant Linklaters owes taxes on fees earned on work that was referred from India but was not necessarily performed in the country. Indian tax authorities claim Linklaters owes taxes at rates of up to 40 percent on some $5.06 million. The ruling raises the prospect that international law firms and other professional service providers will face higher costs in servicing Indian clients.

In one of the first rulings to apply the U.S. Supreme Court’s “nerve center” test for corporate citizenship, a federal judge has ruled that, since GlaxoSmithKline’s executive headquarters is in Philadelphia, the company cannot remove a products liability lawsuit from a Pennsylvania state court to federal court

Facing the prospect of a budgetary showdown with Gov. David A.

In what the Department of Justice is touting as the largest environmental bankruptcy in U.S.

In what the Department of Justice is touting as the largest environmental bankruptcy in U.S. history, mining giant Asarco has paid $1.79 billion to fund environmental cleanup efforts at more than 80 sites in 19 states. The Tucson, Ariz.-based company filed for bankruptcy protection in 2005 amid a strike and the prospect of massive asbestos and environmental claims