Legal News

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7th Circuit: ADA Does Not Cover the Possibility of Future Disabilities

The Seventh Circuit Court of Appeals recently ruled that the American with Disabilities Act (“ADA”) does not protect an applicant who later may become impaired. In this instance, a worker applied for a position that would have required him to … Continue reading

Bumble Bee files for bankruptcy

Tuna maker Bumble Bee Foods said Thursday that it has filed for Chapter 11 bankruptcy protection, with an agreement from Taiwan-based FCF Fishery, its largest creditor, to purchase its assets for roughly $925 million. The bankruptcy proceedings are meant to … Continue reading

Crossmark to Pay $2.65M to Food Sample Workers

Crossmark, Inc., a Plano, Texas-based international sales and marketing company that provides food demonstrators to major American retailers and warehouse stores, will pay $2.65 million and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal … Continue reading

PayPal Acquires Honey Science for $4B

PayPal Holdings, Inc. has acquired Honey Science Corp. for a hefty amount of about $4 billion in a bid to expand beyond the core payments business. Founded in 2012, Honey Science is an online coupon startup. The company amasses valuable data … Continue reading

Charles Schwab buying TD Ameritrade for $26B

Charles Schwab is buying TD Ameritrade for $26 billion. The move doesn’t come as a major surprise. Deals were expected in the industry, because the business model for discount brokers has fallen apart this year. The major brokers have dropped stock- and ETF-trading … Continue reading

Quapaw Nation reaches $200 million trust settlement

Under a settlement with the United States, the Nation and its members are due to receive almost $200 million through a combination of immediate payments and appropriations to be requested from Congress pursuant to special legislation adopted in December 2012 … Continue reading

Houlihan’s files for bankruptcy, accepts $40M offer from Landry’s

HRI Holding Corp, aka the Houlihan’s restaurant chain, filed for Chapter 11 bankruptcy in Delaware under docket number 19-12415. The Debtor owns 47 restaurants in 14 states, under Houlihan’s, Houlihan’s Restaurant + Bar, Bristol Seafood Grill, J. Gilbert’s Wood-Fired Grill, and Devon … Continue reading

Mayor of Muncie, Indiana, arrested for $5K bribe

Dennis Tyler, the Democratic mayor of Muncie, Indiana, was indicted Monday on a charge of accepting a $5,000 bribe, according to the US Attorney’s Office. Tyler accepted the bribe in exchange for awarding contracts to a company from Gaston, Indiana, … Continue reading

Fed approves merger between BB&T, SunTrust Banks

The U.S. Federal Reserve approved a merger between BB&T Corp and SunTrust Banks Inc sealing the biggest tie-up of banks since the 2007-2009 global financial crisis. Analysts have said such a tie-up has been made possible by regulatory easing under the … Continue reading

Justice Department asks court to scrap decades-old ‘Paramount’ antitrust decrees

The U.S. Justice Department said it would ask a court to scrap decades-old ‘Paramount’ consent decrees enacted to protect movie theaters from powerful studios. Makan Delrahim, head of the Justice Department’s Antitrust Division, said the Justice Department would file this … Continue reading