Concerns about the allocation of possible excess cash appear to have held up for now the proposed $1.6 billion settlement between Toyota and consumers asserting economic damages tied to sudden acceleration defects.
The $240 million settlement likely leaves both sides a bit dissatisfied, but at least they can turn the page on a grinding court fight that's generated fees for several major firms.
By Jessica Seah, June 11, 2013 :: Disputes
Alan Metz alleges Davis Polk owns him a commission for placing former Clifford Chance litigator Martin Rogers in the firm's Hong Kong office.
By Jan Wolfe, June 6, 2013 :: Disputes
Samsung notched a victory against rival Apple Inc. at the U.S. International Trade Commission, when the agency ruled that certain older iPad and iPhone models should be blocked from entering the country.
The Korean capital has big ambitions but still faces major obstacles in challenging Hong Kong and Singapore as an arbitration destination.
Lucy Stone QC had sought admission to represent the wife in the divorce of a wealthy couple.
Former U.S. defense contractor Edward Snowden chose Hong Kong to introduce himself to the world as the source for a series of major leaks about NSA surveillance programs. But it's hardly the ideal choice for someone seeking to avoid prosecution in America.