Litigation-Business
Maryland Finalizes $577M Settlement for HBCU Federal Lawsuit
NewsMaryland has finalized a $577 million settlement to end a 15-year federal lawsuit relating to underfunding at the state’s four historically Black colleges and universities.
Boeing Pays Pentagon $10.7M To Settle Double-Billing Case
NewsBoeing quietly agreed to repay the U.S. $10.7 million after a three-year investigation concluded it had double-billed the military for taxes paid to foreign governments on overseas employees.
Diamond Resorts May Continue Litigation Against Carlsbad Law Group and McCroskey Legal
NewsDiamond Resorts® announces another legal victory in its lawsuit against Pandora Marketing, Intermarketing Media, Carlsbad Law Group, and McCroskey Legal.
Intel Wins Trial Over Chips, Dodging $1B-Plus Blow
NewsIntel Corp. ducked getting hit with another multibillion-dollar damage award after a federal jury in Texas cleared it of claims it was infringing patents formerly owned by NXP Semiconductors NV on ways to speed up computers.
Mimedx Stiffed Law Firm Trio on Convicted Execs’ Legal Fees
NewsLawyers for former MiMedx Group Inc executives convicted of fraud in November allege the biotech company has not paid millions of dollars in attorney fees it owes for their legal defense.
SK Reaches $1.8B Settlement With LG That Will Save Georgia Plant
NewsKorea’s SK Innovation has agreed to pay 2 trillion won (about $1.8 billion) to rival electric vehicle battery maker LG Energy Solution to settle their ongoing legal dispute, a move that will allow SK to finish out its $2.6 billion investment in Georgia and save thousands of future jobs.
Largest Pipe Maker in US Sues Law Firm for Legal Malpractice in Asbestos Lawsuit
NewsJM Eagle, the country’s largest manufacturer of plastic piping, filed a multimillion-dollar legal malpractice lawsuit against law firm Walsworth, claiming the firm cozied up to plaintiff firms who sued the company in asbestos lawsuits and was too willing to settle such cases.
Google Beats Oracle in Biggest Programming Copyright Supreme Court Case Ever
NewsTen years ago, Oracle argued that Google had infringed Oracle’s copyright, by copying the ‘structure, sequence, and organization’ of 37 Java application programming interfaces (APIs) into Android.
Tom Girardi Owes $56.8M to Law Firms, Lit Funders and Other Creditors
NewsFamed plaintiffs attorney Tom Girardi is on the hook for at least $56.8 million, according to the Chapter 7 trustee overseeing his estate.
USC Agrees to $852M Payout in Sex Abuse Lawsuit
NewsThe University of Southern California has agreed to an $852 million settlement with more than 700 women who have accused the college’s longtime campus gynecologist of sexual abuse.
Apple to Pay $308.5M for Infringing Patent with Fairplay Technology
NewsApple has been ordered to pay $308.5 million to Personalized Media Communications (PMC) after a federal jury in Texas came to the conclusion that the latter’s patents were infringed.
Maryland Lawmakers Approve a $577M Settlement to the State’s Four Historically Black Colleges
NewsMaryland lawmakers approved a $577 million funding bill that would grant money to the state’s four Historically Black Colleges and Universities (HBCU) following a nearly 15-year lawsuit declaring unfair funding and discrimination to these institutions.
Purdue Moves to Unload Opioid Claims Via $10B Plan
NewsPurdue Pharma LP has floated a settlement plan calling for members of the billionaire Sackler family to pay more than $4.2 billion to help resolve the thousands of lawsuits that drove the maker of OxyContin opioid painkillers into bankruptcy.
Delaware Supreme Court Doles Out Landmark Choice-of-Law Decision in Dole Food Case
NewsThe Delaware Supreme Court issued a landmark decision holding that Delaware law should be applied in disputes over directors and officers liability (“D&O”) insurance policies sold to companies incorporated in Delaware.
U.S. Judge Approves Daimler’s $1.5B Diesel Emissions Settlement
NewsA federal judge approved Daimler AG’s $1.5 billion settlement to resolve a U.S. government probe into the German automaker’s use of undisclosed software that allowed excess diesel pollution to be emitted by 250,000 of its vehicles in the United States.
Attorneys Involved in the Flint Water Crisis Settlement Seek Up to $202.8M in Legal Fees
NewsLawyers who negotiated a $641 million settlement for victims of Flint’s lead-contaminated water are asking a judge to carve out as much as $209 million for fees and expenses for years of work on the case.
State AG Authorizes $100M Settlement in Oil and Gas Lawsuit
NewsState Attorney General Jeff Landry authorized a $100 million settlement with one of dozens of oil and gas companies accused of destroying Louisiana’s coast.
Intel Ordered to Pay $2.2B After Losing Patent Lawsuit
NewsIntel was told to pay $2.18 billion after losing a patent-infringement trial over technology related to chip-making.
TikTok to Pay $92M to Settle Class-Action Suit Over ‘Theft’ of Personal Data
NewsTikTok has agreed to pay $92 million to settle dozens of lawsuits alleging that the popular video-sharing app harvested personal data from users without consent and shared the data with third-parties.
Johnson & Johnson Preparing $3.9B for Talc Settlements
NewsPharmaceutical giant Johnson & Johnson has set aside $3.9 billion for talc-related litigation, according to a regulatory filing this week with the Securities and Exchange Commission in Washington D.C.