Latest Corporate legal affairs News

State courts say no COVID-19 loss insurance for restaurants

Aug. 11, 2022 15:06 PM EDT

COLUMBIA, S.C. (AP) — The South Carolina Supreme Court said Wednesday that a sports bar chain could not recoup damages from its insurance policy over the COVID-19 pandemic and subsequent shutdown. The ruling in Sullivan Management, LLC v. Fireman’s Fund Insurance Company is the...

Oregon ski area sued over Washington child's death

Aug. 10, 2022 19:23 PM EDT

BEND, Ore. (AP) — The parents of a 9-year-old child who died skiing at Mt. Bachelor ski area in central Oregon last year have filed a $49 million wrongful death lawsuit against the resort and its parent company, Powdr Corp. Angela and Brian Boice of Tacoma, Washington, filed the...

Trump says he took the Fifth in New York civil investigation

Aug. 10, 2022 18:20 PM EDT

NEW YORK (AP) — Former President Donald Trump invoked his Fifth Amendment protection against self-incrimination as he testified under oath Wednesday in the New York attorney general's long-running civil investigation into his business dealings. About an hour after arriving at...

Man who performed illegal autopsies can't work in Kansas

Aug. 10, 2022 14:23 PM EDT

TOPEKA, Kan. (AP) — A Kansas man convicted of performing illegal autopsies has been permanently banned from doing business in the state and ordered to pay more than $700,000 in restitution and fines, Attorney General Derek Schmidt announced Wednesday. Shawn Parcells, 42, who lived...

Ohio high court upholds project to build Lake Erie wind farm

Aug. 10, 2022 11:15 AM EDT

COLUMBUS, Ohio (AP) — A company can proceed with plans to build what will be the first freshwater offshore wind-powered electric-generation facility in North America, in Lake Erie off the coast of Cleveland, the Ohio Supreme Court ruled Wednesday. At issue is the 2020 approval by...

Trump testimony expected soon in NY civil investigation

Aug. 09, 2022 23:22 PM EDT

NEW YORK (AP) — Former President Donald Trump is expected to be questioned under oath in the coming days in the New York attorney general's long-running investigation into his dealings as a real estate mogul. The deposition could be a critical moment in the investigation of...

Iowa metal manufacturer settles US government complaint

Aug. 08, 2022 17:09 PM EDT

DES MOINES, Iowa (AP) — A southwest Iowa company that makes metal castings used by military contractors in helicopters and other equipment has reached a settlement in a lawsuit alleging the company failed to test the castings and falsely certified test results over seven years. ...

Antitrust trial puts book publishing industry in the dock

Aug. 06, 2022 08:47 AM EDT

NEW YORK (AP) — The Justice Department's effort to block the merger of Penguin Random House and Simon & Schuster isn't just a showcase for the Biden administration's tougher approach to corporate consolidation, it's a rare moment for the publishing industry itself to be placed in the dock. ...

Musk countersuit accuses Twitter of fraud over 'bot' count

Aug. 05, 2022 13:54 PM EDT

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back necessary information and misled his team about the true size of its user base. The countersuit by the billionaire and Tesla CEO alleges...

CEO of publishing giant defends deal challenged by US gov't

Aug. 04, 2022 19:30 PM EDT

WASHINGTON (AP) — The head of publishing titan Penguin Random House on Thursday defended his company’s deal to acquire rival Simon & Schuster against the government’s claim it would thwart competition. But he acknowledged that the merger would buttress his company’s position as the...