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TransCanada files $15 bn suit over US Keystone pipeline rejection

2016-06-26 20:25:00| Climate Ark Climate Change & Global Warming Newsfeed

AFP: TransCanada has formally filed a $15 billion suit against the US government for blocking its controversial project for an oil pipeline linking Canada with the Gulf of Mexico, legal documents show. The company first announced its intention to sue in January, but then sought negotiations toward "an amicable settlement of the dispute" surrounding the Keystone XL pipeline, according to legal documents posted on its website. Unable to settle, the company formally filed suit late Friday, asserting...

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Countrywides Mozilo Off Hook as U.S. Said to Abandon Suit

2016-06-20 17:24:00| National Real Estate Investor

Keri Geiger, Greg Farrell and Tom Schoenberg U.S. prosecutors have abandoned their case against Angelo Mozilo, a leader in selling the risky subprime mortgages that fueled the financial crisis, after a two-year quest to bring a civil suit against him. read more

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Global Diving Suit Market 2016-2020

2016-06-07 02:00:00| Apparel & textile industry market research - from just-style.com

Diving suits are the apparel used by divers to protect them from the underwater environment.

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Silicon Valley Debates Thiel's Money Man Role in Gawker Suit

2016-06-01 01:05:49| TechNewsWorld

The digital media world was abuzz last week when news surfaced that billionaire Peter Thiel had provided financial backing for a defamation lawsuit against Gawker Media. The suit stemmed from Gawker's publication of a sex tape involving ex-WWE superstar Terry Bollea, better known as "Hulk Hogan." A Florida jury awarded Bollea $140 million in March.

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Oracle loses Java infringement suit against Google

2016-05-27 08:38:00| Telecompaper Headlines

(Telecompaper) Oracle has lost its lawsuit against Google seeking a share of the profits from Android due to Google's use of Java code. Jurors in San Francisco federal court rejected Oracle's argument that Google needed a license to use its Java programming language to develop Android and concluded Google made fair use of the code under copyright law, Bloomberg reports. Oracle sought damages of USD 8.8 billion, claiming Google has made USD 21 billion in profit from the over 3 billion Android devices activated. The company also wanted USD 475 million in what it claims was lost licensing revenue. Oracle said it plans to seek review of the verdict by the US Court of Appeals for the Federal Circuit in Washington. The same court ruled in its favor in 2014, saying the Java APIs are eligible for copyright protection.

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