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After nearly a decade as a fugitive from American authorities, a former executive for Netherlands-based Martinair Holland NV has pled guilty to federal criminal charges related to her role in an international air-cargo price-fixing ring, the U.S. Department of Justice announced Thursday… Read this piece in its entirety at Law360.
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Stockholders suing pharmaceutical distributor McKesson Corp. told a Delaware Chancery Court judge Thursday they had reached a $175 million settlement to resolve claims the company’s board failed in its oversight of opioid sales even after incurring millions in fines for previous compliance failures… Read this piece in its entirety at Law360.
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A New York federal judge approved a $286.5 million deal to end derivative claims in a case involving allegedly shady accounting practices at the real estate business formerly known as American Realty Capital Properties, though a $23 million request for attorney fees remains undecided… Read this piece in its entirety at Law360.
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California Gov. Gavin Newsom urged a federal bankruptcy court Wednesday to reject Pacific Gas and Electric Co.’s reorganization plan, even as PG&E announced it had reached a deal with a group of bondholders securing their support… Read this piece in its entirety at Law360.
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Former Trump administration adviser Michael Flynn asked a Washington, D.C., federal judge Wednesday to hand down a sentence of “no more than” probation in a case in which Flynn stands accused of lying to the FBI during a probe of Russian interference with the 2016 election… Read this piece in its entirety at Law360.
Mike LaSusa 