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Court Finds In Favor Of Harbinger On $50 Million Claim Involving...

2015-04-07 19:08:18| Food - Topix.net

In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.

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Court Finds In Favor Of Harbinger On $50 Million Claim Involving...

2015-04-07 19:04:43| Agriculture - Topix.net

In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.

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Greece makes huge claim for Nazi era

2015-04-07 12:00:08| BBC News | Business | UK Edition

Athens says Germany owes Greece nearly 279bn euros in war reparations for the Nazi occupation in World War Two.

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Researchers claim real-life Tatooine-like planets could exist

2015-03-31 22:34:08| Extremetech

Scientists predict real life Tatooines could orbit distant binary stars.

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Michael Jordan Denied Summary Judgment on His Right of Publicity Claim against Illinois Grocer

2015-03-23 14:56:24| Grocery - Topix.net

In 2009, Michael Jordan was inducted into the Basketball Hall of Fame. To commemorate Jordan's career, Time Inc. published a special Sports Illustrated Presents issue that included congratulatory "advertisements" from several businesses, including Jewel Food Stores, Inc. Rather than pay Time Inc. for the ad, Jewel agreed to stock and sell the magazine in its stores.

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