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Steelmaker Posco pays $250 million to settle lawsuits with Nippon Steel

2015-10-01 13:31:29| Steel - Topix.net

Japan-based Nippon Steel & Sumitomo Metal Corp. said that South Korea-based steelmaker Posco has paid it 30 billion Japanese yen to settle lawsuits over alleged patent infringement and illegal acquisition of manufacturing technology, reported Bloomberg. Nippon Steel had accused Posco of using illegally acquired trade secrets in the lawsuits.

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Lawsuits over Volkswagen emissions scandal filed in Charleston courts

2015-09-29 19:31:11| Automakers - Topix.net

Owners of cars made by Volkswagen AG have filed at least three lawsuits with Charleston courts over the emissions cheating scandal engulfing the German automaker. Volkswagen AG has admitted using a piece of engine software known as a “defeat device” to cheat on diesel car emissions tests in the U.S., where authorities say 482,000 automobiles from the 2009-2015 model years are affected.

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Lawsuits challenge Chesapeake on royalties

2015-09-21 13:46:05| Paper - Topix.net

Gas drilling sites can be found across Johnson County, including this site near Joshua. More than 400 lawsuits have been filed against Chesapeake Energy Corp. and affiliated companies, accusing them of cheating royalty owners out of payments.

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More than $1 billion at stake in lawsuits against Chesapeake Energy

2015-09-20 20:42:28| Energy - Topix.net

More than 400 lawsuits alleging unpaid oil and gas royalties by Chesapeake Energy Corp. and its affiliates have been consolidated in Texas. The Dallas Morning News reported Sunday that more $1 billion in royalties could be at stake, affecting nearly 25,000 property owners.

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