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Business/Commercial
Noteholders Give Blockbuster an Extension
(Law360) In an ongoing attempt to stave off a bankruptcy filing, DVD rental giant Blockbuster Inc. has secured an extension from its debt holders, giving the...
California Appeals Court Revives Case Alleging Carcinogen in Grilled Chicken
(Law360) A California appeals court has revived a case that alleges the chicken-grilling process used by McDonald’s Corp., TGI Friday’s Inc. and other restaurant chains creates...
34 Year-old Tapped as Acting Principal Deputy Solicitor General
(BLT) In a surprise announcement, the Department of Justice announced today that Leondra Kruger, a 34-year-old assistant to the solicitor general, has been named acting principal...
Skype to go Public
(NYT) Skype, the popular Internet telephone service, said Monday that it hoped to raise $100 million in an initial public offering of stock. The announcement — which...
Merrill’s Risk Disclosures Unearthed
(NYT) It was named after a faint constellation in the southern sky: Pyxis, the Mariner’s Compass. But it helped to steer the mighty Merrill Lynch...
Court Awards NDS $18 Million in Attorneys Fees
(Law360) A federal appeals court has ruled that EchoStar Satellite Corp. must fork over $18 million in attorneys’ fees to NDS Group PLC, deeming NDS the...
TD Ameritrade Faces Civil Fraud Complaint
(WSJ) Pennsylvania regulators filed a civil complaint against broker-dealer TD Ameritrade, alleging it committed fraud in the sale of Reserve Yield Plus Fund. The Pennsylvania Securities...
Venetians Restaurants Parent Files Bankruptcy
(WSJ) Las Vegas’s Venetian hotel and casino might be losing a little of its glitz. The company behind four of the restaurants located in and around...
HP CEO Resigns Amid Scandal
(WSJ) Mark Hurd, the man credited with reinvigorating Hewlett-Packard Co., resigned as chief executive of the technology giant after an investigation of his relationship with...