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USC reaches settlement over closed biomass plant

2013-10-05 21:21:22| Automakers - Topix.net

The University of South Carolina is settling a dispute over a disappointing power plant that was supposed to generate electricity from scrap wood chips.

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BP wins Gulf of Mexico spill settlement dispute

2013-10-04 01:00:00| Offshore Technology

BP has won a legal reprieve from the US Fifth Circuit Court of Appeals in New Orleans, with regard to a certain settlement related to the Gulf of Mexico oil spill that took place in 2010.

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Appeals Court Hands BP a Win in Settlement Dispute

2013-10-03 14:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A federal appeals court on Wednesday revived BPs claims that a judges interpretation of a settlement over its 2010 oil spill in the Gulf of Mexico could force the company to pay billions of dollars for bogus or inflated claims by businesses. A ruling by a divided three-judge panel of the 5th U.S. Circuit Court of Appeals threw out U.S. District Judge Carl Barbiers rulings on the dispute between BP and attorneys who brokered the multibillion-dollar settlement in 2012. The panel sent the case back...

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EC nears settlement with Google in search investigation

2013-10-01 14:36:00| Telecompaper Headlines

(Telecompaper) The European Commission is nearing a settlement with Google to end the investigation into anti-competitive practices on the company's search services. Joaquin Almunia, European commissioner for competition affairs, told a a hearing at the European Parliament that the new commitments proposed by Google go much further to addressing the competition concerns, suggesting the internet company may be able to avoid fines and reach a settlement. The EC first tested proposals from Google with the market in April, but received largely negative responses. Google has since improved its offer of binding commitments, which Almunia said the EC had been negotiating with the company up til the day prior to the hearing. He said the "new proposal more appropriately addresses the need for any commitments to be able to cover future developments", so the commitments would cover search on any kind of device, in text or voice commands. An independent monitoring trustee would be put in place to provide assistance to the EC in ensuring that Google meets all the commitments. Almunia said the significant improvements in Google's offer gives him confidence that it can be resolved through a settlement, rather than pursuing anti-trust sanctions against the company. The EC will negotiate the final details in the coming weeks, and the proposal will then be put to market consultation again. A final decision could follow next spring, the commissioner said.

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DGSE Announces Preliminary Court Approval of Settlement of Stockholder Litigation Matters

2013-10-01 04:59:54| Jewelry - Topix.net

The proposed settlements will resolve all issues which are pending before the United States District Court for the Northern District of Texas, in the two filed cases entitled Grant Barfuss, on behalf of himself and all others similarly situated vs. DGSE Companies, Inc.; L. S. Smith, John Benson and William Oyster , and Jason Farmer, Derivatively on ... (more)

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