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Advanced Settlements Adds Funders to Its Capital Markets Platform
Advanced Settlements, Inc. announced that it has recently established relationships with three new funding sources. These companies are prepared to devote significant capital toward the purchase of insurance policies in the secondary market. The fact that new capital is entering the marketplace is a strong indication that the market for life settlements, and the settlement industry in general, are ...
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Baltimore City Council President Young Votes Against Police Settlement
"Great morning, everyone," Baltimore City Council President Bernard C. "Jack" Young said in calling to order today's giddy, post-election Board of Estimates meeting.
There was plenty of back-slapping between Young and Mayor Stephanie Rawlings-Blake, whose victories were nearly as dominant as the Ravens' beatdown of the Steelers two days ago. The normally staid mayor also wryly congratulated compt ...
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Claims Management Launches Portfolio Monitoring and Claims Assistance Services in Canada
It is estimated that each year, millions of dollars are unclaimed from securities and anti-trust class action settlements. Financial institutions and individual investors with significant losses fail, in some cases, sixty percent of the time to submit claims in securities class action settlements because they are not aware of them or the legal forms are too arduous and overbearing.
Canada Claims ...
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Law Suit Settlement Vindicates Billionaire Sam Zell
Real estate billionaire Sam Zell finally saw resolution yesterday when a class-action law suit filed by LA Times employees back in 2008 was settled for $32 million.
The suit had named Zell, who had orchestrated the buyout of the Tribune Co. in 2007, along with The LA Times' corporate parent Tribune Co. and GreatBanc Trust, the trustee for Tribune Co.'s employee stock ownership plan. It asserted t ...
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| New Average Settlement this edition... |
Proposed Settlement of Canadian Bextra and Celebrex Litigation
A notification program began on Saturday, September 17, 2011, as ordered by M. Justice Pr?vost of the Superior Court of Qu?bec and Mr. Justice Perell of the Ontario Superior Court of Justice, to alert Canadian residents of a proposed settlement related to the prescription medications Bextra and Celebrex. This notification program is also to advise affected Canadians of the certification/authorizat ...
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Settlement Agreement Filed in Public Service Company of Oklahoma Rate Case
Public Service Company of Oklahoma filed a settlement agreement on Friday in its current rate case at the Oklahoma Corporation Commission. If approved, there will be slight changes in how rates are spread among the various customer classes.
But PSO’s overall customer rates will remain unchanged, said the Tulsa-based utility, which is a subsidiary of Ohio-based American Electric Power.
Commercial ...
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Settlement Approved in Pennsylvania American Water Rate Case
The Pennsylvania Public Utility Commission (PUC) today unanimously approved a settlement that allows Pennsylvania American Water to increase water rates. The new rates approved under the PUC settlement maintain the cost of water service at about one penny per gallon for Pennsylvania American Water’s customers.
The typical monthly residential water bill for Pennsylvania American Water customers u ...
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Settlement Offered To Man Who Says Officer Beat Him
The man who was allegedly beaten by a San Francisco police officer last year for not paying for a beer has reached a tentative settlement with the city, officials said.
The city attorney's office has proposed a settlement of $71,000, including $26,000 in medical costs incurred by 42-year-old Kevin Woodson, who filed the lawsuit last year. Panos Lagos, Woodson's attorney, said they plan to accept ...
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Verizon Settlement Highlights Need For ADA Accommodation
Verizon Communications' payment of $20 million to resolve a nationwide class disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) would constitute the largest disability discrimination settlement in a single lawsuit in EEOC history. The settlement is pending court approval. The underlying suit, which was filed pursuant to the Americans with Disabilitie ...
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Why a Rebel Victory in Libya is Better Than a Negotiated Settlement
Following months of fighting to defeat Libyan leader Muammar Qaddafi, Libya's rebels are steadily consolidating power following their victory. As a settlement to Libya's civil war, this is potentially very good news. Research on civil war shows that conflicts that end in decisive rebel victory are four times more likely to result in lasting peace than those concluded by a negotiated settlement. Ho ...
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