© Copyright 2013, vLex. All Rights Reserved.
- Language
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Out-of-Court Settlement
4.325 documents for Out-of-Court Settlement
-
FRANKFURT (Reuters) - U.S. investors rejected an offer from the lawyers of Porsche SE to drop over a billion euros in expected damages claims in exchange for an out-of-court settlement worth a fraction of the amount, a German magazine reported on Thursday [Jan. 19]. Sources at Porsche SE told monthly Manager Magazin that the U.S. funds had turned down a deal worth an amount in the low hundreds of millions of euros offered last year by the automotive holding's legal firm Sullivan & Cromwell, preferring to file a lawsuit in Germany instead.
-
More than 800 workers who lost their jobs in mass layoffs in the days before Solyndra LLC went bankrupt - just two years after the company won a more than half-billion-dollar federal loan - have reached a settlement as the company's bankruptcy grinds toward a close, according to newly filed court papers. The deal would settle a class-action lawsuit filed on behalf of the former workers, who say the solar panel maker broke the law last summer by failing to give proper notice before mass layoffs just days before Solyndra filed for bankruptcy protection in U.S. Bankruptcy Court in Wilmington, Del.
-
To: TECHNOLOGY EDITORS Contact: Mr. Mohab Sabry, CEO & Founder, or Mr. Ramy Sabry, President & Co Founder, Ramy@cddigitalcard.com, both of CD Digital Card, +1-909-484-8440, ext 203, fax, +1-951-755-8981
-
A federal judge overseeing a multiparty lawsuit over city-county school consolidation continued to apply gentle arm-twisting Monday, encouraging officials to resolve the issues themselves. S. Dist. Court Judge Samuel Mays Jr. met with lawyers for 30 minutes in his chambers and then announced that representatives of the city, county and the two school systems had agreed to seek an out-of-court settlement, thus delaying Monday's court hearing for at least two weeks.
-
Islandia-based Whitsons Culinary Services has agreed to pay a $1.6 million out-of-court settlement to resolve charges that it failed to pass on discounts from vendors to school districts and other education providers, including nine districts and four nonprofits on Long Island. New York State Attorney General Eric T. Schneiderman on Wednesday announced the settlement, including $807,000 in refunds and nearly the same amount in penalties, for not passing on savings from food vendors to schools in what he described as a violation of contracts along with state and federal regulations.
-
A Venezuelan housekeeper has reached an out-of-court settlement with the Montgomery County family she said treated her like a "prisoner" in their home for four months and never paid her the $350- per-week salary they promised her. Terms of the settlement between Janet Gonzalez and the Caron family of Dickerson were not released. The settlement also resolves litigation brought against the Carons by three other housekeepers, who claimed they were paid much less than the promised $350 but did not allege the same level of mistreatment.
-
To: LEGAL AFFAIRS EDITORS Contact: Robert J. Mongeluzzi, Esq. of SMBB, +1-215-496-8282, rjmongeluzzi@smbb.com; or Steph Rosenfeld, +1-215-514-4101, steph@idadvisors.com, for SMBB; or Robert A. Stutman, Esq., +1-215- 283-1177, stutmanr@stutmanlaw.com
-
Woman settles for $1.25M A woman with Lou Gehrig's disease who tumbled from her motorized wheelchair at a luxury resort near San Diego will receive $1.25 million in an out-of-court settlement, her lawyer said Monday.
