Lawyers

• Flint Settlement, Federal Judge Approves $97M For New Water Lines

  A new deal following a federal judge approval of a $97 million settlement in Flint's contaminated water crisis, will be replacing lead water pipes and distribute free bottled water to residents.

• New York City Files Lawsuit Against Verizon Over Unfinished Fiber Rollout

  Both NYC's lawsuit and Verizon's defense grind down into the fine logistical details of a citywide fiber-optic installation, a massive undertaking by any stretch.

• Amaya faces class-action lawsuit following CEO’s insider trading charges

  Amaya Inc is facing litigation from a law firm and its investors after the CEO was charged with insider trading.

• Argentina reaches $190 million settlement with more houldout creditors

  Argentina reaches additional settlements of $190 million with seven holdout creditors to close litigation over its faulted bonds.

• Shareholders want home province jurisdiction by-laws eliminated in Canada

  Canadian companies are adopting more bylaws including making their home provinces exclusive jurisdiction for any lawsuits and shareholders are not very happy with the apparent tactic.

• BofA profit soars as expenses fall to lowest since 2008

  Bank of America Corp (BAC.N), the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years on Wednesday as mortgage banking revenue soared and expenses fell to their lowest since the financial crisis.

• Credit Suisse to fight New York mortgage securities case

  Credit Suisse Group AG (CSGN.VX) has signaled that it intends to fight a U.S. lawsuit that accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued.

• Transvaginal mesh trial losses put pressure on Boston Scientific

  Boston Scientific Corp’s back-to-back losses in the first two federal trials over its transvaginal mesh devices could drive up the cost of resolving thousands of similar lawsuits, according to legal experts.

• Deutsche Bank lawyer found dead by suicide in New York

  A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday.

• Alabama man gets $1,000 in police settlement, his lawyers get $459,000

  An Alabama man who sued over being hit and kicked by police after leading them on a high-speed chase will get $1,000 in a settlement with the city of Birmingham, while his attorneys will take in $459,000, officials said Wednesday.

• Gay marriage aside, business cases dominate U.S. high court docket

  Gay marriage may be the most anticipated issue heading for the U.S. Supreme Court, but the justices also must tackle a host of business cases as they convene for their new term, including a patent battle involving Teva Pharmaceutical Industries Ltd.

• Lawyers seek fees of about $195 mln for LBO collusion settlements

  Lawyers who persuaded seven private equity firms to pay $590.5 million to settle lawsuits accusing them of conspiring to depress the prices of corporate buyouts before the financial crisis are seeking fees of about $195 million for their work.

• U.S. to pay Navajo tribe $554 million in landmark settlement

  The Obama administration has agreed to pay the Navajo Nation a record $554 million to settle longstanding claims by America's largest Indian tribe that its funds and natural resources were mishandled for decades by the U.S. government.

• Detroit art museum will sue if city's bankruptcy plan not approved

  The Detroit Institute of Arts is prepared to sue to prevent the sale of its collection if Detroit's plan for exiting bankruptcy is not approved, the museum's chief operating officer told U.S. Bankruptcy Court on Thursday.