Tag Archives: Elder Financial Abuse

Settlement: Jackson National Life Insurance Agrees $24M Settlement In Elder Financial Fraud Class Action

June 25 2013
San Francisco, CA: A $25 million settlement has been proposed, which, if approved, would settle the proposed consumer fraud and elder financial abuse class action pending against Jackson National Life Insurance Co. The insurer has agreed to pay the settlement which would end the litigation and

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Vivendi Takes Aim at Remains of $9.3B Shareholder Verdict

The U.S. Supreme Court’s decision in Morrison v. NAB already helped slash a rare securities class action jury verdict against Vivendi. Now the company’s lawyers at Weil and Cravath are busy trying to bury what’s left of the spoils.

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Four Firms Digging Into BHP Billiton Breakup

Cleary Gottlieb, Herbert Smith Freehills, Slaughter and May and ENSafrica are advising on a proposed de-merger by BHP Billiton of several non-core assets into a new global metals and mining company, effectively unwinding part of the 2001 mega-deal that created the Anglo-Australian minerals and mining giant.

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Interviews underway for Puerto Rico’s PREPA restructuring chief – sources

Wed Aug 20, 2014 3:13pm EDT

Aug 20 (Reuters) – Candidates are being interviewed this
week for a chief restructuring officer at Puerto Rico’s
struggling power authority, two people briefed on the matter
told Reuters.
The Puerto Rico Electric Power Authority, or PREPA, must
hire a CRO by Sept.

Apple Loses Bid to Collect Attorney Fees From Samsung

Scott Graham, The Recorder

August 20, 2014

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Kirkland, Freshfields, Fried Frank Advise on Infineon Buy

German chipmaker Infineon Technologies AG has agreed to buy Silicon Valley-based International Rectifier Corp. in a $3 billion all-cash deal that would strengthen Infineon’s regional presence and expand its economic scale in the power management technology business.

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