Lawsuit Finance News
- (AFX UK Focus) 2009-01-06 22:58 UPDATE 2-N.Y.judge restrains Merkin funds in Madoff lawsuit Tuesday, January 6, 2009 @ 5:30PMNEW YORK, Jan 6 (Reuters) - A judge extended an order on Tuesday barring hedge fund founder Ezra Merkin from shutting down funds that had invested with accused swindler Bernard Madoff or withdrawing money from them. New York State Supreme Court Justice Richard Lowe issued the extension in a lawsuit brought on Dec. 23 by New York University, which says it lost $24 million when funds run by Merkin ...
- NYU Wins Extension Against Merkin Over Madoff Losses (Update4) Tuesday, January 6, 2009 @ 5:23PMNew York State Supreme Court Justice Richard Lowe in Manhattan today extended an order restraining Merkin, along with his Gabriel Capital LP fund and Ariel Fund Ltd., from withdrawing, liquidating or dissolving assets. Lowe also set a Feb. 17 hearing to consider a preliminary injunction on the ban.
- N.Y. judge restrains Merkin funds in Madoff lawsuit Tuesday, January 6, 2009 @ 4:45PM A judge extended an order on Tuesday barring hedge fund founder Ezra Merkin from shutting down funds that had invested with accused swindler Bernard Madoff or withdrawing money from them.
- Former Hinds D.A. Ed Peters Accused of $1M Bribe Tuesday, January 6, 2009 @ 3:39PMThe Scruggs scandal is hitting closer and closer to Hinds County. In a story about Booneville attorney Joey Langston pleading guilty to corruption charges, The Clarion-Ledger buried explosive accusations , made in court documents, that Ed Peters—who has worked closely with Tim Balducci—is accused of taking a million-dollar bribe to influence his former assistant district attorney, now-Hinds ...
- (AFX UK Focus) 2009-01-06 19:45 N.Y.judge restrains Merkin funds in Madoff lawsuit Tuesday, January 6, 2009 @ 2:15PMNEW YORK, Jan 6 (Reuters) - A judge on Tuesday extended an order barring well-known hedge fund founder Ezra Merkin from withdrawing or liquidating millions of dollars in his funds, which invested with accused swindler Bernard Madoff. New York State Supreme Court Justice Richard Lowe issued the extension in a lawsuit brought by New York University, which says it lost $24 million when funds run by ...
- Top 10 Local News Stories of 2008 Sunday, January 4, 2009 @ 9:10AMFollowing are the topics that comprise the Top 10 local news stories of 2008, as selected by the Record-Eagle.
- Is Texas looking out for you? Health-care outsourcing is rolling on, but many patients suffer from silent treatment Sunday, January 4, 2009 @ 2:51AMStories by GREGG JONES / The Dallas Morning News gjones@dallasnews.com / The Dallas Morning News Ryan McNeill contributed to this report. Evercare of Texas was supposed to coordinate medical and long-term care for more than 80,000 elderly, blind or disabled North Texans.
- Religion News in Brief Sunday, January 4, 2009 @ 2:35AMIndiana Mom Sues School Over Religious Education Class
- Free Login/Register Thursday, January 1, 2009 @ 5:02AMEconomy and frugality will surely be the watchwords in the coming year. However, whatever school authorities do to hold down costs, it’s a sure bet that yellow buses will still be rolling. State law requires it, along with English and math and 180 days a year.
- Roger Hunt case to go to trial Thursday, January 1, 2009 @ 2:05AMA lawsuit seeking to identify the anonymous donor of a $750,000 contribution to support the 2006 abortion ban again is in the hands of the 2nd Judicial Circuit Court. The South Dakota Supreme Court on Wednesday said 2nd Judicial Circuit Judge Kathleen Caldwell erred in declaring that state Rep. Roger Hunt, R-Brandon, did not violate the existing state statute on campaign finance reporting by ...
- Looking back at 2008 in Crystal/Robbinsdale Thursday, January 1, 2009 @ 1:52AMThe cities of Crystal and Robbinsdale experienced many highlights as well as some challenges in 2008. Annual celebrations were enjoyed and several new programs and initiatives were adopted by city leaders.
- Looking back at 2008 in Brooklyn Park Thursday, January 1, 2009 @ 1:50AMThe city of Brooklyn Park experienced many highlights as well as some challenges in 2008. Annual celebrations were enjoyed and several new programs and initiatives were adopted by city leaders.
- Remembering what made 2008 a big year Thursday, January 1, 2009 @ 1:30AMThe state legislature reconvened in early February and education finance was expected to be a priority topic of debate. Stephen Richards Barker, 52, formerly of Wayzata and now of Maple Grove, former investment broker was sentenced to 42 months in federal prison on four counts of tax evasion.
- 22 of 29 Wisconsin ethics investigations remain closed to public Tuesday, December 30, 2008 @ 7:53AMMADISON Most of the investigations launched by a new state board charged with shining light on corruption among government officials and politicians are being kept secret.
- Epitaph for 2008: ‘I don’t know how much worse it can get’ Tuesday, December 30, 2008 @ 7:36AMBy editorial Tuesday, 30 December 2008 - 8:33am. TORONTO — At the start of 2008, with the foundations of the financial system cracking and oil topping US$100 a barrel for the first time, suburban Philadelphia shopper Susan Witte spoke for many when she told a reporter: “It’s just crazy.
- Porter suit against English thrown out Tuesday, December 30, 2008 @ 6:20AMERIE — Erie County Court of Common Pleas has thrown out a defamation lawsuit filed against outgoing Republican Congressman Phil English, whose district included most of Crawford County.
- k1007 BC-KS-KansasToday 12-30 0931 Tuesday, December 30, 2008 @ 6:15AMKANSAS CITY, Kan. (AP) -- Authorities are searching for the son of the Wyandotte County sheriff after he was charged earlier this month with victimizing three children.
- BLA for PolyHeme® Accepted for Filing and Granted Priority Review Tuesday, December 30, 2008 @ 6:15AM Northfield Laboratories Inc. (Nasdaq: NFLD) announced today that the U.S. Food and Drug Administration (FDA) has accepted for filing its Biologics License Application (BLA) for PolyHeme ® , the Company’s investigative human hemoglobin-based red cell substitute for the treatment of life-threatening red blood cell loss when an oxygen-carrying fluid is required and red blood cells are not ...
- BLA for PolyHeme® Accepted for Filing and Granted Priority Review Tuesday, December 30, 2008 @ 6:00AM EVANSTON, Ill.----Northfield Laboratories Inc. announced today that the U.S. Food and Drug Administration has accepted for filing its Biologics License Application for PolyHeme®, the Company’s investigative human hemoglobin-based red cell substitute for the treatment of life-threatening red blood cell loss when an oxygen-carrying fluid is required and red blood cells are not available.
- Nigeria: El-Rufai - the Making of a Fugitive Monday, December 29, 2008 @ 4:51AMLagos — Nasir el-Rufai has no phobia for controversy. From his chairmanship of the much-detested Bureau of Public Enterprises (BPE) to his ministerial stint at the Federal Capital Territory (FCT), el-Rufai proved to be one of the most controversial, if not feared, hawks in government.
- Harkin move kept Agriprocessors plant afloat Monday, December 29, 2008 @ 4:08AMA controversial Postville meatpacking plant might have been forced out of business if U.S. Sen. Tom Harkin hadn’t stepped in four years ago to give it a multimillion-dollar boost with federal tax money. The money, nearly $8 million, came from an environmental program from which Agriprocessors normally would have been disqualified. The grant and loan were used to build a sewage-treatment plant ...
- Big time Boston law firm hired to defend Lawrence mayor against lawsuit Monday, December 29, 2008 @ 2:05AMLAWRENCE — Mayor Michael Sullivan has spent $25,000 in taxpayer money to retain a major Boston law firm to defend himself and his brother in a civil rights lawsuit filed earlier this year by Public Works Director Frank McCann.
- Indian merchants reap huge profits on untaxed tobacco sales Sunday, December 28, 2008 @ 6:33AMScott Maybee is not a top-ranked pro quarterback, an ace hurler nor a Wall Street tycoon, but he made as much as $34 million in 2006. He was selling tax-free cigarettes on the Seneca Indian reservations and over the Internet.
- 2008 year in review: Big news, small news and in between Sunday, December 28, 2008 @ 4:28AMJANUARYPDBossuJan. 1: Former Benedictine High School coach Augie Bossu, who led football and baseball teams at the school from 1953-2006, dies at 91. The FBI resumes its search for the mysterious "D.B. Cooper" who hijacked an airliner in 1971,...
- Leumi gets extension to keep Migdal Sunday, December 28, 2008 @ 2:55AMThe Bank of Israel ordered Bank Leumi to transfer the holding to a trustee.
- Looking back, ahead Sunday, December 28, 2008 @ 2:04AMWhile voters opted for historic change when it came to the highest office holders in the land, the local electorate decided the status quo wasn’t so bad.
- Schools unsafe, China admits Sunday, December 28, 2008 @ 2:00AMGovernment officials have acknowledged in the most definitive report since the devastating earthquake in Sichuan province in May that many school buildings across the country are poorly constructed and that 20 percent of primary schools in one southwestern province might be unsafe, according to a description of the report published by the state media Friday.
- CA-BUSINESS Summary Friday, December 26, 2008 @ 8:36PMDETROIT/NEW YORK (Reuters) - Shares of General Motors Corp jumped on Friday after its auto finance affiliate GMAC won access to government lending programs, while analysts estimated GMAC might be seeking loans of more than $6 billion.
- Top Scoops Friday, December 26, 2008 @ 6:17PMSome political leaders have been attempting to tear down the current coalition government of six political parties for personal reasons rather than for the national benefits.
- CNN - GM Jumps After Fed OKs GMAC Bank Friday, December 26, 2008 @ 5:12PMRead Full Story For Latest Details.
- (AFX UK Focus) 2008-12-26 21:14 WRAPUP 1-GM shares up, GMAC may be eyeing $6 bln loans Friday, December 26, 2008 @ 3:29PMBy Soyoung Kim and Karen Brettell
- China Admits Construction Failings Friday, December 26, 2008 @ 3:21PMA new report from China?s Education ministry acknowledges that many school buildings across the country are poorly constructed.
- CA-BUSINESS Summary Friday, December 26, 2008 @ 2:51PMDETROIT/NEW YORK (Reuters) - Shares of General Motors Corp and bonds of GMAC LLC jumped on Friday after the auto finance company won U.S. approval to become a bank holding company.
- GM jumps after Fed OKs GMAC bank Friday, December 26, 2008 @ 11:05AMGeneral Motors shares rise 12.62% after auto finance arm gains access to government bailout funds.
- Dollar Shift: Chinese Pockets Filled as Americans Emptied Friday, December 26, 2008 @ 10:38AMChina, some economists say, lulled U.S. consumers, and their leaders, into complacency about their spendthrift ways.
- Local revenue at its lowest since 1994-Inos Wednesday, December 24, 2008 @ 8:06AMLocal revenue for fiscal year 2008 is the lowest its been since 1994, according to the Department of Finance.
- Ruling lets TennCare patients stay home Wednesday, December 24, 2008 @ 2:21AMTennCare patients who were in danger of losing their home health care have been granted a temporary reprieve from a federal judge.
- Rye firm sued over losses in Madoff scheme Wednesday, December 24, 2008 @ 1:45AMIndividual investors who entrusted their savings to Tremont Group Holdings Inc. said in lawsuits that they are facing devastating losses after the Rye-based company invested client assets with Bernard Madoff, the money manager who is accused of orchestrating a $50 billion Ponzi scheme.
- French Madoff investor found dead in NY office Wednesday, December 24, 2008 @ 1:19AMNEW YORK (Reuters) - A French executive who invested with accused swindler Bernard Madoff was found dead in an apparent suicide on Tuesday, reportedly distraught over losing up to $1.4 billion in client money.
- County projects $5M more in surplus Tuesday, December 23, 2008 @ 11:22PMCounty officials expect to have more than $35 million socked away by the end of next year, $5 million more than anticipated.
- Madoff investor found dead in New York Tuesday, December 23, 2008 @ 8:58PMNEW YORK (Reuters) - A French executive who invested with accused swindler Bernard Madoff was found dead in an apparent suicide on Tuesday, reportedly distraught over losing up to $1.4 billion (950 million pounds) in client money.
- A.M. Best Assigns Ratings to 321 Henderson Receivables V LLCs Notes Monday, December 22, 2008 @ 12:45PM OLDWICK, N.J.----A.M. Best Co. has assigned debt ratings of “aaa” to the $74.646 million Class A-1 8.00% fixed rate asset backed notes, due June 15, 2045, “aaa” to the $9.389 million Class A-2 8.00% fixed rate asset backed notes, due June 15, 2045 and “bb” to the $4.695 million of Class B 10.00% fixed rate asset backed notes, due March 15, 2051 issued by 321 Henderson Receivables V LLC , a ...
- Inspector general blasts Marc Dann for misspent money Monday, December 22, 2008 @ 11:40AMThe former attorney general responded this afternoon, calling the report innuendo, saying his spending was proper and accusing the inspector general of having a vendetta against him.
- Sponsored By: Monday, December 22, 2008 @ 9:22AMIN THE CIRCUIT COURT OF THE 4TH JUDICIAL CIRCUIT, IN AND FOR NASSAU COUNTY, FLORIDA CIVIL DIVISION CASE NO.: 45-2008-CA-000149 TAYLOR, BEAN & WHITAKER MORTGAGE CORP.,
- Local agencies pay for fund grab Monday, December 22, 2008 @ 9:15AMOne of the big worries voiced by local governments back in August was that the state would try to balance its budget on the backs of already strapped cities and counties.
- Changes at SEDC slow to take shape Monday, December 22, 2008 @ 8:36AMThree months ago, the Southeastern Economic Development Corp. parted ways with its longtime president amid a scandal over bonuses, and Mayor Jerry Sanders appointed five fresh faces to the board to clean house.
- Thain Failure to Rescue Merrill Shareholders Messes Mr. Fixit Monday, December 22, 2008 @ 7:13AMDec. 22 (Bloomberg) -- On John A. Thain ’s first day running Merrill Lynch & Co. last year, he pledged to live up to his reputation as “Mr. Fixit,” a nickname earned during his prior job rescuing the New York Stock Exchange.
- 2008 in the Park Monday, December 22, 2008 @ 2:58AMIt was a year of tainted meat and tanking markets. And things that ka-boom in the night.
- Schools aim to defend funding Monday, December 22, 2008 @ 1:02AMIf state elected leaders start cutting school budgets, they may find themselves back in court. Alan Rupe, the attorney who led the school finance lawsuit that resulted in record dollars going to schools, said, “I can tell you for certain that if there is a reduction in the funding that the Legislature has agreed to, there will be a thorough review and a decision made” on whether to pursue ...
- 14 bank officials to share payout Sunday, December 14, 2008 @ 5:46AMFor more than a dozen top executives at troubled National City Bank, a big payday lies ahead.
