Law
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A trust established to protect prebankruptcy General Motors creditors asked a New York federal court Monday to greenlight a $231 million settlement aimed at resolving a nearly decade-old case over a $1.5 billion term loan that GM made prior to its 2009 bankruptcy sale… Read this piece in its entirety at Law360.
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Swiss home appliance maker Bodum Holding AG and its U.S. affiliate sued Starbucks Corp. in New York federal court Friday, alleging the coffee store chain needlessly pulled a Bodum-made French press from its shelves and is trying to make it pay for the recall… Read this piece in its entirety at Law360.
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The Federal Trade Commission on Thursday highlighted an unusual split with the U.S. Department of Justice’s Antitrust Division in a California federal court filing that slammed the DOJ’s antitrust watchdogs for butting into the FTC’s case against Qualcomm over the chipmaker’s patent licensing practices… Read this piece in its entirety at Law360.
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The California Coastal Commission on Wednesday handed down a record $15.6 million fine against a developer for an alleged “bait and switch” related to a hotel project in Santa Monica that saw two lower-cost motels knocked down to clear the way for a high-priced hotel… Read this piece in its entirety at Law360.
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A California federal judge has pared back a proposed class action claiming The J.M. Smucker Co. duped customers by misleadingly labeling products as extra virgin olive oil, according to a Wednesday order… Read this piece in its entirety at Law360.
Mike LaSusa 