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Legal News

Publisher of The American Lawyer, ALM Media, Up for Sale

ALM Media, the American Lawyer publisher, has decided to explore a sale, which could secure the company $500 million, according…

Wal-Mart Ties Up With Wild Oats to Outbid Others in Organic Foods

Wal-Mart said on Thursday that it had made a deal with Wild Oats and would be selling their branded organic…

$2 Trillion in Untaxed Profits Overseas Held by U.S. Corporations

A private research firm reported that foreign profits held overseas by U.S. corporations to avoid taxes at home nearly doubled…

Medicare Physician’s Payment Data Released

  The Obama administration decided last week to make all Medicare payment information public. A scholar at the American Enterprise…

Stripper Hired for Nursing Home Patients: Lawsuit Ensues

The residents of a Long Island nursing home were exposed to a cheap, striptease show in the facility rec room,…

Apple Inc. and Samsung Continue their Worldwide Legal Battle

According to collected Bloomberg data, the smartphone market was valued at $338.2 billion last year. Samsung had 31.3 percent of…

Xerox Strengthens E-Discovery Managed Services with Acquisition of Smart Data

Xerox announced the acquisition of Smart Data Consulting for expanding its e-discovery services and strengthening its capabilities for serving law…

Oscar Pistorius Testifies for the Defense in Murder Trial

On Monday, Oscar Pistorius took the stand to testify in his murder trial, claiming that he killed girlfriend Reeva Steenkamp…

Takeda, Eli Lilly Ordered by U.S. Jury to Pay $9 Billion

A U.S. jury in Lafayette, Louisiana, has ordered Japan’s Takeda Pharmaceutical to pay $6 billion and co-defendant Eli Lilly, $3…

Oppenheimer & Co. Placing Themselves Underneath the Knife

  According to Bloomberg News, when purchasing stocks that appear to be in the middle of a skydive, it is…

The Yuan Has Been Asia’s Worst Performing Currency

The People’s Bank of China guided the Yuan’s 2.5 percent loss since the start of 2014. Nomura Holdings Inc., forecasts…

Chili’s Cancels Autism Fundraiser

  Because of customer feedback, it has been reported that the restaurant chain Chili's canceled a fundraiser with the National…