lawsuit-brought

Aixtron, Fujian to explore what is left of deal after U.S. veto

German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday. U.S. President Barack Obama blocked China's Fujian Grand Chip Investment Fund (FGC) from acquiring Aixtron's U.S. business, the Treasury Department said on Friday. “The bidder and Aixtron are evaluating the …

See the original post:
Aixtron, Fujian to explore what is left of deal after U.S. veto

lawsuit-brought

Novartis CEO plays down prospects for Actelion bid: Blick

Novartis Chief Executive Joe Jimenez has played down suggestions the Swiss drugmaker could bid for Swiss biotech group Actelion, which is in talks with U.S. healthcare group Johnson & Johnson about a transaction. Asked by Swiss Sunday newspaper SonntagsBlick

The rest is here:
Novartis CEO plays down prospects for Actelion bid: Blick

lawsuit-brought

Airbnb, New York City settle rental law lawsuit

By Nate Raymond NEW YORK (Reuters) – Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb had contended that the law's ambiguous wording could allow New York authorities to apply it to online platforms like itself that host third-party listings, creating the risk of significant civil penalties…

See the original post:
Airbnb, New York City settle rental law lawsuit

lawsuit-brought

Tesla to clarify how customers may disclose problems

Tesla Motors Inc on Friday revised a nondisclosure clause in its customer repair agreements after a U.S. regulator took issue with the practice, while the electric carmaker's chief executive separately called most customer reports of suspension problems in its Model S sedan fraudulent. Tesla CEO Elon Musk went on the offensive on …

View post: 
Tesla to clarify how customers may disclose problems

lawsuit-brought

Gawker Media files for bankruptcy, to go up for sale

By Jessica DiNapoli and Jared Leone NEW YORK/ST. PETERSBURG, Fla. (Reuters) – Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale on Friday after a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape. The move followed revelations that Hogan's lawsuit, along with several others against Gawker, were being bankrolled by billionaire investor Peter Thiel, an early backer of Facebook and a co-founder…

Read more here:
Gawker Media files for bankruptcy, to go up for sale