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Judge appoints Richard Ravitch to advise on Detroit bankruptcy plan

Richard Ravitch, who helped New York weather its fiscal crisis in the 1970s, was named by the judge overseeing Detroit’s record municipal bankruptcy as a court consultant on that city’s debt-cutting plan. 400 more words

Legal Post

GM asks bankruptcy judge to affirm freedom from ignition switch liability

General Motors Co., which is fighting at least 37 lawsuits over faulty ignition switches, asked a bankruptcy judge to reaffirm a 2009 order freeing the automaker from most of its predecessor’s liabilities. 288 more words

Legal Post

Cheerios maker General Mills scraps plan to bar consumers from suing the company if they engage with it online

NEW YORK — General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company.

The company, which owns Cheerios, Progresso and Yoplait, had posted a notice on its website notifying visitors of a change to its legal terms — visitors using its websites or engaging with it online in a variety of other ways meant they would have to give up their right to sue. 189 more words

Legal Post

Hong Kong man claims he saved wild boar's 'bacon'

Last year, Toronto courts had to solve the custodianship of the so-called IKEA monkey, Darwin. Now Hong Kong courts are struggling with what to do about a wild boar named Little Tommy. 258 more words

Legal Post

When 'liking' a brand online voids the right to sue

Might downloading a 50-cent coupon for Cheerios cost you legal rights?

General Mills, the maker of iconic cereals like Cheerios and Chex as well as brands like Bisquick and Betty Crocker, has quietly added language to its website to alert consumers that they give up their right to sue the company if they download coupons, “join” it in online communities like Facebook, enter a company-sponsored sweepstakes or contest or interact with it in a variety of other ways. 1,047 more words

FP Tech Desk

Deloitte to appeal Livent trial judgment

Deloitte LLP is appealing the $85.6-million trial judgment won by Livent in an Ontario court earlier this month.

On April 4, Arthur Gans of the Ontario Court of Superior Justice ruled that Deloitte failed to meet the duty of care it owed to Livent because auditors failed to detect fraud at the theatre producer in the late 1990s. 308 more words

Legal Post

Keep Steve Jobs 'character assassination' out of Silicon Valley hiring trial, tech giants say

SAN FRANCISCO — Witnesses at an upcoming trial over no-hire agreements in Silicon Valley should not be allowed to offer evidence that Apple co-founder Steve Jobs was “a bully,” four major tech companies argued in a court filing. 456 more words

FP Tech Desk