According to US court documents, Credit Suisse has sought information through the U.S. courts which could potentially lead to a situation wherein it can take a legal step against SoftBank Group Corp in Britain in an effort to recover funds… Read More ›
attorneys
3M Co wins lawsuit alleging earplug design cover up
3M Co has won a lawsuit wherein the plaintiff had alleged that the company had covered up defects in the design of earplugs that are used by the military. This is the second case alleging that 3M fudged test results, hid… Read More ›
Blackstone’s shale oil venture Gavilan Resources LLC files for Chapter 11 bankruptcy
Late on Friday, Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy citing oil price collapse and a bitter legal battle with a partner. Formed following the $2.3 billion acquisition of Texas shale oil properties in 2017, Gavilan listed… Read More ›
The fate of Travis Kalanick, Uber’s CEO, hangs in the balance as Uber’s board considers key policy changes
Kalanick could do with a vacation. As per a source familiar with the matter at hand, on Sunday Uber Technologies’ board discussed the temporary stepping away of Travis Kalanick, its Chief Executive, as the embattled ride-hailing company considers significant… Read More ›