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

More than 100 lawyers squeezed into a courtroom on Thursday in Idaho to argue before a panel of seven judges about which U.S. courthouse should host the massive litigation over the Deepwater Horizon oil spill.

A federal judge has blocked the most controversial parts of Arizona’s immigration law, delivering a last-minute victory to opponents of the crackdown. The overall law will still take effect Thursday at 12:01 a.m., but without the provisions that angered opponents — including sections that required officers to check a person’s immigration status while enforcing other laws.

The potential recovery for New York state pensioners from existing shareholder litigation against Bank of America and Merrill Lynch apparently is not big enough to satisfy New York State Comptroller Thomas DiNapoli.

Just how much are bankruptcy lawyers and advisers making in the ongoing Lehman Brothers bankruptcy? Bloomberg reports that the $873.1 million in fees billed since the beginning of the case would quadruple the annual payroll of the New York Yankees