From the monthly archives:

November 2012

Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A federal judge in New York on Nov. 9 granted preliminary approval to the $ 7.25 billion class action settlement between merchants and Visa, MasterCard and a large number of banks that the proposed class alleges fixed the prices of interchange fees paid by merchants when customers use […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A group of investors in the bankrupt Yellowstone Mountain Club LLC (YMC) on Nov. 6 moved in the U.S. Bankruptcy Court for the District of Montana to compel the enforcement of the automatic stay and for damages against YMC members who dispute a $ 26 million prepetition settlement […]

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TweetThe wind industry reached a milestone earlier this year by exceeding 50,000 megawatts (MW) of generation capacity for the first time. However, the future success of the wind industry largely hinges on legislative efforts to extend the wind production tax credit (PTC), which is set to expire in 2012 The federal subsidy provides a 2.2-cent […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Orthofix International NV will pay the federal government $ 30 million plus interest to settle allegations that the company’s Blackstone Medical Inc. subsidiary violated the Foreign Corrupt Practices Act by paying illegal kickbacks to doctors to induce them to use Blackstone’s spinal products, the parties announced Oct. 29 […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. American Suzuki Motor Corp., the distribution arm for Suzuki Motors in the United States, on Nov. 5 filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Central District of California, citing $ 346 million in liabilities and only $ 233 million in assets (In Re: […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A group of landowners along the Gulf Coast and three oyster fisheries in Louisiana on Nov. 1 officially opted out of BP PLC’s proposed $ 7.8 billion settlement for economic loss and medical claims arising from the oil spill caused by the explosion of the Deepwater Horizon oil […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal bankruptcy judge in Delaware presiding over the Chapter 11 proceeding of Vertis Holdings Inc. on Nov. 1 approved $ 150 million in post-petition financing that may pave the way for the company to continue operating and search for a stalking horse bidder (In Re: Vertis Holdings […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Pfizer Inc. on Nov. 2 said in a quarterly financial report that it has taken a $ 491 million charge for an agreement in principle to settle a federal investigation into its promotions of its anti-rejection drug Rapamune. Pfizer has previously disclosed that the U.S. Attorney’s Office for […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Bankrupt New Page Corp. on Oct. 29 moved in the U.S. Bankruptcy Court for the District of Delaware for $ 850 million in financing to help it exit Chapter 11 bankruptcy (In Re: New Page Corporation, No. 11-12804, Chapter 11, D. Del. Bkcy.). New Page filed for Chapter […]

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