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Tag: settlement
Judge: Settlement payment to dairy farmers is inadequate
2015-04-09 19:15:50| Food - Topix.net
A judge has rejected a proposed settlement between cooperative Dairy Farmers of America and Northeast dairy farmers over an alleged effort to drive down prices paid to farmers. U.S. District Court Judge Christina Reiss says the payments to farmers from the $50 million proposal are inadequate if there are no significant changes to how the cooperative does business.
Tags: payment
judge
settlement
farmers
With asbestos settlement resolved, Brunswick Hill's RPMa Splans for growth
2015-04-09 13:42:48| Chemicals - Topix.net
RPM International Inc. closed its third financial quarter with a loss, attributable to asbestos-related claims, but the company said Wednesday that it was "delighted" to reconsolidate a unit that had been in bankruptcy over the issue. The coatings and sealants maker lost $57.3 million, or 44 cents a share, for the period that ended Feb. 28. RPM said it took a one-time, non-cash charge of $83.5 million related to asbestos.
Tags: growth
hills
resolved
settlement
SBM Offshore denies report of $1.7bn bribery settlement with Brazilian authorities
2015-04-09 01:00:00| Offshore Technology
Dutch oil and gas platform leasing company SBM Offshore has denied a media report that claimed the company agreed to a $1.7bn settlement with Brazilian authorities over a bribery case.
Tags: report
authorities
settlement
brazilian
Patent dispute settlement to benefit Penn cancer therapy partnership
2015-04-08 13:56:58| Biotech - Topix.net
Novartis Pharmaceutical Corp. settled its patent dispute with Juno Therapeutics, removing any potential litigation obstacles from the immunotherapy partnership between Novartis and the University of Pennsylvania. The Wall Street Journal reported Novartis will pay Seattle-based Juno $12.25 million, plus undisclosed future milestone payments and royalties, to resolve the dispute.
Tags: benefit
partnership
cancer
therapy
Duke Energy Agrees to $2.5 Million Settlement, Environmental Agency Not Sure If It's Enough
2015-04-07 00:09:12| Waste Management - Topix.net
Duke Energy's 2014 coal ash spill into the Dan River just cost them $2.5 million in a settlement. The Virginia Department of Environmental Quality announced the settlement last week.
Tags: its
enough
million
energy
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