A Brooklyn mother of two who had her hands and feet amputated as a result of a hospital's negligence has won a $17.9 million settlement from the hospital and the city. 35-year-old Tabitha Mullings will receive $9.4 million from Brooklyn Hospital Center and $8.5 million from the city after a three-year legal battle, according to the NY Daily News.
Christie Brinkley and Peter Cook have been divorced since 2008, but the ex-couple are engaged in a bitter fight once again.
Traders throughout the world welcomed BP's settlement news Monday with the company's stock hitting its highest level in more than a year.
Shares in BP rose over 2 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.
Shares in BP are expected to rise 5-9 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.
Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.
Natural catastrophes in the United States caused $35.9 billion in insured losses last year, significantly higher than the 2000-2010 annual average of $23.8 billion (in 2011 dollars). The Insurance Information Institute has some advice to speed the insurance-claims settlement process, should one of them happen in your neighborhood.
Late Friday night, BP announced that a $4.7 billion settlement had been reached with individual plaintiffs who sought damages related to the 2010 Gulf of Mexico oil disaster.
BP PLC said early Saturday that it has agreed to a $7.8 billion deal with a committee representing plaintiffs to settle claims by fishermen and other private claimants who were adversely affected by the massive oil spill in the Gulf of Mexico caused by the Deepwater Horizon disaster in 2010.
BP PLC and plaintiffs in the largest lawsuit filed in the wake of the Deepwater Horizon oil-spill disaster in the Gulf of Mexico in 2010 have agreed on the terms of a proposed class settlement, according to an order signed late Friday by the judge handling the case.
Things are getting ugly as Apple’s March 7 event draws closer. The event is highly expected to display, for the first time, the Apple iPad 3, but with a lawsuit between Apple and Proview looming, there could be a problem getting the iPad 3 on the store shelves. Proview first sued Apple in China over the iPad trademark, which saw the device being pulled from store shelves temporarily, but now the fight is spilling over onto Apple’s backyard, a fight that could hamper sales of the iPad 3.
Oil prices fell Friday following the confirmation from Saudi Arabia denying the pipeline explosion in the Kingdom.
Attorney General Eric Holder says he's ready to take BP and and other defendants to court in the 2010 Gulf of Mexico oil spill.
Bank of America had attempted to get an $8.5 billion settlement over bad Countrywide mortgage-backed securities approved in New York state court over the objection of some angry investors.
BP, Britain's No. 1 oil company is said to be negotiating a $14 billion settlement for the Deepwater Horizon explosion that killed 11 workers and fouled the Gulf of Mexico for months in 2010.
Singer Charlotte Church, who testified that she was hounded by journalists working for Rupert Murdoch when she was a teenager, has received a £600,000 ($951,000) settlement on Monday in a phone hacking case surrounding News International.
The trial to decide who should pay for the 2010 Gulf of Mexico oil spill has been delayed by a week, to allow BP Plc to try to cut a deal with tens of thousands of businesses and individuals affected by the disaster.
British oil giant BP Plc and plaintiffs suing over the 2010 Gulf of Mexico oil spill are discussing a $14 billion settlement that is nearing completion, Bloomberg said, citing three people familiar with the talks.
British oil giant BP Plc and plaintiffs suing over the 2010 Gulf of Mexico oil spill are discussing a $14 billion settlement that is nearing completion, Bloomberg said, citing three people familiar with the talks.
Japanese conglomerate Mitsui MOEX Offshore will pay $90 million for the BP Gulf Oil Spill of 2010 in what is the first settlement ahead of the liabilities trial expected to start in 10 days.
A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement
Crystal Morello's family pleaded for months with their lender for a cheaper mortgage on their family home in Belleville, Michigan. But time ran out last summer, and they left before they were evicted.
