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US: Skechers files patent lawsuit against DB Shoe Co

2014-09-18 12:40:51| Daily apparel & textile news and comment - from just-style.com

Footwear business Skechers USA has filed a lawsuit against rival DB Shoe Company for selling footwear that it claims infringes on its Go Walk product line.

Tags: co files patent shoe

 

Attorney files objection to Whirlpool pollution settlement

2014-09-17 02:31:44| Appliances - Topix.net

An announced settlement in a class action lawsuit against Whirlpool Corporation related to property damages from trichloroethylene contamination has hit a snag following an objection filed by attorneys representing residents affected by the contamination. The agreement to settle the class action lawsuit on July 3 would have provided property owners in an area bound by a plume of TCE a dollar figure equal to what their properties were devalued by Sebastian County Assessor Becky Yandell in 2013 .

Tags: files attorney settlement pollution

 
 

Nextel carrier NII files for bankruptcy protection as debt soars

2014-09-16 08:47:12| Wireless - Topix.net

NII Holdings Inc, the parent of Nextel operators in Latin America, filed for U.S. bankruptcy protection on Monday after struggling for years with debt, fierce competition in Brazil and Mexico, and a dispute with a U.S. hedge fund. The company filed a voluntary petition for so-called Chapter 11 in U.S. Bankruptcy Court in New York, according to a filing.

Tags: files protection debt carrier

 

NII Holdings files for chapter 11

2014-09-16 07:42:00| Telecompaper Headlines

(Telecompaper) NII Holdings has filed for chapter 11 protection from creditors in the US. Signaled last month already as an option, the chapter 11 proceedings will give NII time to restructure its debt improve its liquidity, while continuing operations. NII, which operates under the name Nextel, has been in discussions with its major stakeholders over the last several months and said it's optimistic that those discussions will lead to a debt restructuring plan and reorganization. The company's operating subsidiaries in Brazil, Mexico and Argentina are not part of the US bankruptcy proceedings and will continue to operate on a "business as usual" basis. 

Tags: files chapter holdings nii

 

NII Holdings files for bankruptcy

2014-09-16 00:29:40| Telecom - Topix.net

Reston-based NII Holdings filed for Chapter 11 bankruptcy reorganization Monday, a month after saying a bankruptcy filing was likely. The company, which sells a Nextel-branded wireless service in Latin America, announced the voluntary filing after the markets closed Monday.

Tags: files bankruptcy holdings nii

 

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