City Colleges of Chicago wins lawsuit; Westcap ordered to pay out $56 million
- Court backs supplier's $574,560 award. Freedman, Eric // Automotive News;1/29/96, Vol. 70 Issue 5643, p27
Reports on the federal appeals court's decision to uphold the $574,560 ruling won by the defunct Falls Steel Tube & Manufacturing Co. against Trumark Inc. Background on the case; Terms of the original ruling.
- Bankruptcy judge orders Gerrish Corp. auction. // New Hampshire Business Review;04/11/97, Vol. 19 Issue 8, p31
Reports on the ruling of a United States bankruptcy court on the defunct Gerrish Corp. Auctioning of the company in order to pay creditors; Company's filing for bankruptcy in August 1996; Creditors' objections to the company's reorganization plan.
- Eagle Star policy valid. // Business Insurance;1/31/94, Vol. 28 Issue 5, p22
Reports on the British Court of Appeal's ruling ordering Eagle Star Insurance Co. to honor its runoff reinsurance contract with defunct syndicate 640. Estimated additional costs to be incurred by Eagle Star.
- Judge upholds FDIC's $200M levy on thrifts to service bailout bonds. Barancik, Scott // American Banker;12/14/1998, Vol. 163 Issue 237, p2
Reports on United States District Court Judge Louis F. Oberdorfer's ruling on a case involving the Federal Deposit Insurance Corp.'s $200 million collection from thrifts in late 1996. Case background; Statutory authority of FDIC to levy the assessment; Equal Opportunity Commission's ruling...
- Pelican vindicated, but not compensated by court ruling. Hoeschen, Brad L.F. // New Orleans CityBusiness (1994 to 2008);7/29/96, Vol. 17 Issue 4, p19
Reports on a US Supreme Court ruling that the federal government breached a contract with thrifts nationwide by changing accounting practices. Implications of the ruling for the defunct Pelican Homestead & Savings Association; Details of Pelican's financial failure; Banning of the goodwill...
- Court says 24 goodwill suits really weren't filed too late. de Senerpont Domi, Olaf // American Banker;1/16/1997, Vol. 162 Issue 11, p2
Reports on the US Court of Federal Claims' decision to hand a victory to investors in 24 current and defunct thrifts who are seeking to hold the government liable for eliminating goodwill. Aspects of Judge John P. Wiese's ruling; Congress' enactment of the Financial Institutions Reform, Recovery...
- Court Reverses Grant of Mandamus. Young, Rowland L. // American Bar Association Journal;Oct78, Vol. 64 Issue 10, p1584
Reports on the United States Supreme Court's ruling on the case, Will v. Calvert Fire Insurance Company. Court's reversal of the Seventh Circuit's grant of writ of mandamus ordering a federal judge to proceed immediately to adjudicate a claim under the Securities Exchange Act of 1934; Case...
- USAlliance Wins Suit Against Leasing Firm; Suit Against CUMIS Still Pending. Roberts, Ed // Credit Union Journal;5/24/2004, Vol. 8 Issue 21, p7
Reports the New York state jury's dismissal of the charges of malicious prosecution against USAlliance Federal Credit Union filed by a defunct automobile leasing company Prime Time Holdings LLC. Court order for Prime Time to pay the credit union $3.75 million in damages; Bases of the jury's...
- equal employment opportunity. // Labor Law Journal;Apr84, Vol. 35 Issue 4, p251
The article reports on equal employment opportunity in the U.S. and the imposition of the Title IX sex bias prohibitions on educational institutions receiving federal aid. An entire college cannot be subjected to Title IX obligations merely because federal funds find their way from a specific...