|
$773-Million Settlement Will Spur Cleanup at Old GM Sites
More environmental cleanup work may be on the horizon for remediation contractors as a result of a $773-million settlement that will set up a trust fund--the largest of its kind--to clean up and repurpose numerous former General Motor sites across the country.
The settlement, filed on Oct. 20 in th ...
read more>> |
|
|
|
Accept WTC Captive Settlement, Judge Urges Injured Workers
The judge overseeing the settlement between the WTC Captive Insurance Co. and thousands of rescue and recovery workers who claim they were injured by contamination at the World Trade Center site has urged plaintiffs to accept the settlement rather than seek compensation through litigation.
U.S. Dis ...
read more>> |
|
|
|
|
|
California Comp System Clogged by Lien Filings
Hundreds of thousands of liens are overwhelming California's workers compensation system, costing employers and insurers hundreds of millions of dollars in loss-adjustment expenses and delaying claims adjudication, observers say.
The liens represent billions of dollars in disputes over payments for ...
read more>> |
|
|
G&K Settles Emissions Claim for $1.8 Million
G&K Services Co. disputes the environmental claims made regarding its industrial laundry operations here but has agreed to pay $1.8 million to settle the matter dating back to spring 2008.
Connecticut Attorney General Richard Blumenthal sued G&K Services on behalf of the state's Department of Envir ...
read more>> |
|
|
|
IIROC Announces Settlement with All Group Financial Services Inc
A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a Settlement Agreement between IIROC staff and All Group Financial Services Inc.
In the agreement, All Group Financial Services Inc. admits that it failed to maintain Risk-Adjusted Capital above zero, ...
read more>> |
|
MSHA, Massey Energy Reach Settlement on Freedom Energy
The Mine Safety and Health Administration (MSHA) and Massey Energy reached a settlement agreement in a case involving Freedom Energy Mining Co.'s No. 1 mine located in Pike County, Ky. Last November, MSHA filed in federal court a motion for preliminary injunction against the mine, the first such act ...
read more>> |
|
|
N.O. CityBusiness to Launch Verdicts&Settlements Database
New Orleans CityBusiness, the region's weekly business journal since 1980, will launch a searchable online database of verdicts and settlements from area state and federal district courts in the coming weeks.
The website, which will work in conjunction with neworleanscitybusiness.com, will allow at ...
read more>> |
|
OCC Moves Settlement Deadline To Reduce Risk
The Options Clearing Corp. plans to push back the deadline for paying out settlement funds to members. The change, which provides the OCC with four hours instead of one to pay settlement obligations, will help reduce the risk of a default to the utility. The change will affect settlements for net pr ...
read more>> |
|
|
|
