Latest Corporate legal affairs News

Longshore union can immediately appeal jury verdict damages

May. 29, 2020 11:52 AM EDT

PORTLAND, Ore. (AP) — A federal judge has ruled Thursday that the International Longshore and Warehouse Union can immediately appeal a jury verdict that it was liable for damages and must pay millions of dollars to former Port of Portland Terminal 6 operator ICTSI Oregon Inc. A federal jury in November...

Protesting Renault workers stand outside their plant Friday, May 29, 2020 in Choisy-le-Roi, outside Paris. Struggling French carmaker Renault announced 15,000 job cuts worldwide as part of a 2 billion euros cost-cutting plan over three years. The cost-cutting plan comes as Renault came into the virus crisis in particularly bad shape. Its alliance with Nissan and Mitsubishi is a major global auto player but has struggled since the 2018 arrest of its longtime star CEO Carlos Ghosn. (AP Photo/Christophe Ena)

French carmaker Renault to cut 15,000 jobs worldwide

May. 29, 2020 7:09 AM EDT

PARIS (AP) — French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems. Renault, which employs 180,000 and is already negotiating a...

In this undated photo provided on Sunday, May 24, 2020, by the North Korean government, North Korean leader Kim Jong Un speaks during a meeting of the Seventh Central Military Commission of the Workers' Party of Korea in North Korea. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. (Korean Central News Agency/Korea News Service via AP)

US charges North Koreans in $2.5B sanctions-busting scheme

May. 28, 2020 8:52 PM EDT

WASHINGTON (AP) — The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payments through hundreds of front companies. The indictment, unsealed Thursday in...

FILE - In this Feb. 11, 2020, file photo, a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. PG&E's chief financial officer, Jason Wells, is expected to face questions Thursday, May 28 about the company's plan to nearly double its debt to almost $40 billion to finance its payments to wildfire victims, insurers and government agencies in the second day of the company's bankruptcy trial. Meanwhile, the Public Utilities Commission will vote on the bankruptcy plan. (AP Photo/Ben Margot, File)

Regulators approve PG&E bankruptcy plan despite safety fears

May. 28, 2020 7:09 PM EDT

BERKELEY, Calif. (AP) — California power regulators on Thursday unanimously approved Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by a series of deadly wildfires, despite ongoing worries about the utility's ability to safely operate its crumbling electrical grid. The...

President Donald Trump holds up a copy of the New York Post as speaks before signing an executive order aimed at curbing protections for social media giants, in the Oval Office of the White House, Thursday, May 28, 2020, in Washington. (AP Photo/Evan Vucci)

Trump escalates war on Twitter, social media protections

May. 28, 2020 6:59 PM EDT

WASHINGTON (AP) — President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet. Announced with fanfare, the president's action yet appeared to...

In this April 13, 2020, photo provided by TC Energy, construction contractors for TC Energy are seen installing a section of the Keystone XL crude oil pipeline at the U.S.-Canada border north of Glasgow, Mont. U.S. District Judge Brian Morris has struck down a nationwide permitting program for new oil and gas pipelines in a lawsuit against the controversial Keystone XL oil sands pipeline from Canada. (TC Energy via AP)

Court rejects bid to revive cancelled US pipeline program

May. 28, 2020 6:39 PM EDT

BILLINGS, Mont. (AP) — A federal appeals court on Thursday turned down the Trump administration's request to revive a permit program for new oil and gas pipelines, an outcome that industry representatives said could delay more than 70 projects across the U.S. and cost companies up to $2 billion. The case...

Suits accuse retail chains of flooding Ohio with painkillers

May. 28, 2020 5:42 PM EDT

CLEVELAND (AP) — Five retail chains flooded two Ohio counties with tens of millions of prescription painkillers through their pharmacies while taking few if any steps to stop drugs from being illegally diverted, according to updated lawsuits unsealed in U.S. District Court in Cleveland. The counties are...

FILE - In this May 27, 2013, file photo, Kansas City Royals bench coach Chino Cadahia (15) and St. Louis Cardinals first base coach Chris Maloney (37) exchange line-ups with home plate umpire Rob Drake (30) before a baseball game at Kauffman Stadium in Kansas City, Mo.  The exchange of lineup cards would be eliminated, fielders will be encourages to space themselves from baserunners between pitches and managers and coaches must wear masks while in the dugouts under Major League Baseball's proposed operations manual for starting the coronavirus-delayed season. (AP Photo/Orlin Wagner, File)

Not in Missouri anymore: Royals move legal home to Delaware

May. 28, 2020 5:16 PM EDT

SAN FRANCISCO (AP) — The Kansas City Royals have moved -- not actually, but legally. The Royals changed their legal home from Missouri to Delaware last fall during the process of the team’s sale from David Glass to a group headed by John Sherman. The switch was mentioned Monday in a filing with the...

Property manager to pay $300K in virus eviction ban lawsuit

May. 28, 2020 4:33 PM EDT

SEATTLE (AP) — A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to pay nearly $350,000 to resolve a lawsuit filed by Washington state Attorney General Bob Ferguson. The money includes nearly $300,000 for tenants in the...

Meng Wanzhou, chief financial officer of Huawei, leaves her home to go to B.C. Supreme Court in Vancouver, Thursday, January, 23, 2020. Wanzhou is in court for hearings over an American request to extradite the executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)

Canada judge rules Huawei CFO's extradition case can proceed

May. 27, 2020 5:20 PM EDT

VANCOUVER, British Columbia (AP) — A Canadian judge ruled Wednesday the U.S. extradition case against a senior Huawei executive can proceed to the next stage, a decision that is expected to further harm relations between China and Canada. The Chinese embassy in Ottawa later warned Canada to drop the case...