Legal
Tech worker visas face uncertain future under Trump, Sessions
The main U.S. visa program for technology workers and outsourcing firms such as Infosys could face renewed scrutiny under President-elect Donald Trump and his proposed Attorney General, Senator Jeff Sessions, a long-time critic of the skilled-worker program. Full Article
New York's Cuomo unveils rights initiative, says election spawned 'social crisis'
NEW YORK - New York Governor Andrew Cuomo on Sunday launched an initiative to combat hate crimes and protect civil rights, saying the divisive U.S. presidential campaign had prompted a wave of disturbing incidents across the state and the country. Full Article
Ex-S&P exec goes on trial before SEC over mortgage bond ratings
The Securities and Exchange Commission took a former Standard & Poor's executive to trial over claims that she engaged in a fraud that inflated ratings of commercial mortgage-backed securities. Full Article
Recent Legal News
Caesars bankruptcy heads to showdown with U.S. watchdog
CHICAGO The U.S. government's bankruptcy watchdog objected on Monday to a Caesars Entertainment Corp subsidiary's proposal to exit Chapter 11, threatening to derail a largely consensual plan to slash $10 billion of debt.
BofA must face fraud lawsuit by Tutor Perini over debt sales
A U.S. appeals court on Monday revived a lawsuit accusing Bank of America Corp of defrauding Tutor Perini Corp by selling the construction company millions of dollars of auction-rate securities it knew were on the brink of collapse.
Wells Fargo payouts should be halted in wake of ruling-U.S. lawmakers
WASHINGTON The U.S. government should go after payouts to former Wells Fargo & Co executives involved in a scandal over unauthorized accounts now that a federal regulator has said it has the power to do so, lawmakers said on Monday.
U.S. court upholds AstraZeneca, Ranbaxy win in Nexium antitrust trial
A U.S. appeals court upheld AstraZeneca Plc and Ranbaxy Laboratories' victory in a lawsuit accusing them of reaching an illegal deal to delay the launch of a generic version of AstraZeneca's heartburn drug Nexium.
DirecTV mobile streaming services in line with regulations, AT&T tells FCC
NEW YORK AT&T Inc's DirecTV mobile video services that do not carry data charges for video streaming do not violate net neutrality rules, as any other online video provider can pay the wireless company to offer similar services on equal terms, the telecommunications company told the U.S. Federal Communications Commission in a letter on Monday.
U.S., Denver sheriff settle immigration-related claim
WASHINGTON The U.S. Justice Department and the Denver Sheriff Department on Monday resolved claims that the law enforcement agency had discriminated against immigrants seeking jobs.
Obama admin. seeks curbs on mandatory arbitration for insurance
WASHINGTON The Obama administration is pressing U.S. states to curb insurers' use of fine print in contracts that bars unsatisfied customers from suing, taking the latest step against "mandatory arbitration clauses" in an insurance report released by the Treasury Department on Monday.
New York's Big Apple Circus files for bankruptcy
NEW YORK Big Apple Circus, a New York City mainstay that entertained children of all ages for nearly four decades, filed for bankruptcy after several years of declining interest, following the failure of a last-ditch fundraising drive.
Ex-S&P exec goes on trial before SEC over mortgage bond ratings
The Securities and Exchange Commission on Monday took a former Standard & Poor's executive to trial over claims that she engaged in a fraud that inflated ratings of commercial mortgage-backed securities.
REFILE-Analysis: Tech worker visas face uncertain future under Trump, Sessions
SAN FRANCISCO, Nov 21 The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trump and his proposed Attorney General, Senator Jeff Sessions, a long-time critic of the skilled-worker program.
Murphy Oil backs NLRB request for SCOTUS review of class waivers
Murphy Oil USA Inc has asked the U.S. Supreme Court to consider the enforceability of class-action waivers in workers'arbitration agreements, agreeing with the National Labor Relations Board that the legal issue is ripe for review. Read more
Goodyear asks SCOTUS to restrict federal judges’ inherent sanctions power
In its 1991 decision in Chambers v. NASCO, the U.S. Supreme Court gave federal trial judges a lot of leeway to police the integrity of their dockets. The case involved a Louisiana television station operator that backed out of a deal to sell the station, then engaged in all sorts of litigation chicanery when the purchaser sued to enforce the sales contract. The justices held that the district judge properly exercised his inherent power when he awarded the erstwhile purchaser all of i