Edition:
United States

Jim Christie

Synergy expands exec bonus plan with support of unsecured creditors

5:33pm EST

Synergy Pharmaceuticals Inc is seeking a court order making more of its executives eligible for bonuses, arguing the incentive payments will help the company achieve better results at an upcoming bankruptcy auction.

U.S. sues over bills for bogus radiation tests at California shipyard

Jan 16 2019

The U.S. government filed a lawsuit on Monday against engineering company Tetra Tech EC Inc, alleging it faked the results of radiation tests it was hired to conduct on soil at a former U.S. Navy shipyard in San Francisco.

Energy Transfer says no free speech defense for anti-pipeline activist

Jan 15 2019

Energy Transfer Partners LP is urging a federal court to reject an activist's claim that the First Amendment shields her from the company's civil racketeering lawsuit stemming from protests that aimed to block construction of its Dakota Access Pipeline.

FirstEnergy Solutions wins fight over forward contract merchant status

Jan 15 2019

A manufacturer of automotive parts violated the stay in the bankruptcy of power producer FirstEnergy Solutions Corp by terminating an electricity supply agreement, a judge said in an opinion released on Tuesday.

Colorado Supreme Court backs oil regulator in rulemaking fight

Jan 14 2019

Health and environmental concerns are not the foremost priority for Colorado regulators who oversee oil and gas drilling, the state's Supreme Court said in a decision on Monday reversing a lower court order requiring the state to consider a rule limiting drilling permits.

Bankrupt Senior Care seeks order to push landlords on lease rejection

Jan 14 2019

Unsecured creditors of Senior Care Centers LLC on Monday backed the bankrupt nursing home operator's bid to reject leases for eight facilities currently costing it $700,000 a month.

Court gives bankrupt drugmaker Synergy green light to advance sale

Jan 09 2019

Synergy Pharmaceuticals Inc, a bankrupt developer of gastrointestinal therapies, has received court approval to proceed with a plan to sell itself, with Bausch Health Companies Inc serving as a so-called stalking horse bidder.

Group asks for injunction on U.S. government sales of wild horses

Jan 09 2019

The Animal Legal Defense Fund has asked a federal judge to block the U.S. Forest Service from selling horses removed from California's Modoc National Forest, warning that allowing sales to proceed could lead to some animals being sold for meat.

Green group says EPA 'derelict' in protecting habitats from pesticides

Jan 08 2019

The U.S. Departments of Commerce and the Interior should ban pesticides from the habitat of wildlife and plants protected by the Endangered Species Act because the Environmental Protection Agency is failing to keep the areas free of pesticides, the Center for Biological Diversity said on Monday.

Setback for Puerto Rico police groups owed $366 million

Jan 08 2019

The judge overseeing Puerto Rico's restructuring rejected a bid on Tuesday by two groups representing police officers on the island to proceed with a decade-old dispute over $366 million in backpay for salary adjustments.

World News