Recent Updates
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Samsung exec pleads guilty in DRAM scandal
Business Law 04/20/2007[##_1L|1168605596.gif|width="100" height="69" alt=""|_##]A sixth executive from Samsung Electronics Co. Ltd. has agreed to plead guilty to participating in a global conspiracy to fix DRAM prices, the Department of Justice announced. Il Ung Kim, a Kor...
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Cytochroma settles lawsuit with Genzyme
Business Law 04/18/2007Cytochroma, Inc., a company managed by former employees of Bone Care International, has announced the settling of a lawsuit filed in August 2006 by Genzyme Corp., the company that acquired Bone Care in 2005.The lawsuit, in which Genzyme claimed that ...
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New York seeks probe of Wal-Mart for surveillance
Business Law 04/11/2007[##_1L|1228556092.jpg|width="100" height="114" alt=""|_##]New York City is seeking a probe of Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) over the retailer's reported surveillance of shareholders who submitted proxy petitions that could po...
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Chrysler Gets Big Offer from Billionaire Kerkorian
Business Law 04/09/2007[##_1L|1216202670.jpg|width="100" height="107" alt=""|_##]Los Angeles billionaire Kirk Kerkorian's Tracinda Company said Friday that his 4.5-billion-dollar bid for Chrysler would be based on "a true partnership" of the automaker's management, workers...
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Sony drops cost of PSP handheld game device
Business Law 04/04/2007[##_1L|1061100076.jpg|width="200" height="130" alt=""|_##]Looking to lure more American gamers, SONY Computer Entertainment America announced Tuesday it will cut the price of its handheld PlayStation Portable game device from 200 U.S. dollars to 170 ...
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CB Richard Ellis' Downtown Development Group
Business Law 04/02/2007Is downtown Los Angeles finally headed towards the likes of New York or Chicago's bustling and vibrant urban environments? With the recent boom of construction and real estate development going on, it appears that downtown LA will once again be...
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Apple unveils DRM free music on Itunes
Business Law 04/02/2007CUPERTINO, California--Apple® today announced that EMI Music’s entire digital catalog of music will be available for purchase DRM-free (without digital rights management) from the iTunes® Store (www.itunes.com) worldwide in May. DRM-free tracks from ...
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AT&T, Verizon win government telecom contract
Business Law 03/29/2007[##_1L|1145417886.jpg|width="150" height="139" alt=""|_##]The U.S. General Services Administration cast Sprint Nextel Corp. <S.N> aside and picked AT&T Inc. <T.N>, Qwest Communications International Inc. <Q.N> and Verizon Commun...
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Data Theft Believed to Be Biggest Hack
Business Law 03/29/2007A hacker or hackers stole data from at least 45.7 million credit and debit cards of shoppers at off-price retailers including T.J. Maxx and Marshalls in a case believed to be the largest such breach of consumer information.For the first time since di...
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Investors Continue to Challenge Dean Food
Business Law 03/26/2007[##_1L|1206532251.jpg|width="90" height="119" alt=""|_##]Socially concerned investors for the second year in a row have filed a shareholder proposal asking Dean Foods Co. (NYSE: DF) to report to shareholders how it is responding to widespread concern...
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Recall of pet food hits close to home
Business Law 03/19/2007More than 60 million cans of dog and cat food sold under dozens of brand names were recalled on Saturday after being linked to the deaths of 10 animals.The food was manufactured by Menu Foods, of Streetsville, Ontario, which makes wet food sold as st...
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Downtown Los Angeles Revival Going Strong
Business Law 02/14/2007Downtown Los Angeles is undergoing a real estate revival of epic proportions. And the Los Angeles Urban Redevelopment Group and its people are in the thick of it. In just the last few years, the number of downtown residents has increased by over 30%,...