Word: suede
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The aftermath of the bankruptcy filing soon led to finger pointing. Holders of Orange County municipal bonds sued county officials as well as Merrill Lynch and Smith Barney, claiming the firms had concealed "reckless investment practices." Not to be outdone, the county sued Nomura Securities for ignoring the bankruptcy filing...
The U.S. Supreme Court refused to reconsider a ruling that lets police use deadly force against people who try to escape from custody while awaiting a criminal trial, effectively saying it is constitutional to shoot at even unarmed fugitives. Without comment, the justices turned away an appeal in a Houston...
If you flame someone online can the online service be held responsible? That's the issue being decided in New York's State Supreme Court. A Long Island financial firm, Stratton Oakmont, sued Prodigy -- one of theonline world's Big Three-- claiming that it was unfairly accused of fraud on...
Even fringe candidates for office must be invited to participate in political debates on public TV or be told -- in "viewpoint-neutral" terms why not -- the Supreme Court said today in letting stand a lower court decision. The rationale for denying an invitation would have to satisfy an extremely high...
The Las Vegas Hilton was ordered today to pay former Navy pilot Paula Coughlin $1.7 million for failing to provide adequate security at the1991 Tailhook convention, where Coughlin says she was sexually assaulted by drunken aviators. A U.S. District Court jury in Las Vegas ruled after two days of deliberations...