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Challenge to $225M Exxon settlement to be heard in court
Headline Legal News |
2017/09/10 09:04
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Environmental groups arguing New Jersey's $225 million settlement with Exxon Mobil short-changed taxpayers are getting their day in appeals court.
The Appellate Court is set to hear arguments on Monday in Trenton.
New Jersey sued Exxon Mobil for natural resources damages at sites across the state in 2004.
A New Jersey judge approved the deal between Republican Gov. Chris Christie's administration and the petroleum company in 2015.
The idea was to hold the company responsible for cleaning up polluted areas, including two oil refineries in Bayonne and Linden and other sites and retail gas stations and to compensate the public for the alleged harm to groundwater and other resources.
Environmental groups say the state settled for pennies on the dollar after earlier estimating the cost at $8.9 billion.
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Abortion clinic dispute to be argued in Ohio Supreme Court
Legal Interview |
2017/09/08 09:04
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A dispute over whether to shut down Toledo's last abortion clinic is headed to the Ohio Supreme Court Tuesday, in a case both sides view as pivotal.
At issue in oral arguments will be the state health department's 2014 order shutting down Capital Care of Toledo for lack of a patient-transfer agreement, which would formally authorize the transfer of patients from the clinic to a local hospital.
Such agreements were mandated, and public hospitals barred from providing them, under restrictions Ohio lawmakers passed in 2013. The change prompted the University of Toledo Hospital, which is public, to withdraw from its transfer arrangement with Capital Care.
The clinic sued and won in the lower courts, which ruled the restrictions were unconstitutional. Judges have allowed the clinic to continue operating as the legal dispute continues.
Republican Attorney General Mike DeWine appealed to the high court last year, asking that justices uphold the state's action and shut the clinic down. In a divided vote in March, the court agreed to take up the case.
After the Republican-controlled state Legislature opted to outlaw transfer agreements with public hospitals, Capital Care went out of state, negotiating its required agreement with the University of Michigan Health System in Ann Arbor.
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Supreme Court's Kagan says Scalia death forced compromises
Topics in Legal News |
2017/09/07 09:05
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U.S. Supreme Court Justice Antonin Scalia's death forced the rest of the court to learn how to work together to avoid ties, Justice Elena Kagan said during a stop Friday at the University of Wisconsin-Madison.
Kagan spoke for about an hour with UW Law School Dean Margaret Raymond as scores of law students, attorneys and judges listened. Raymond asked Kagan what role the high court can play in mending a politically polarized country and improving civil discourse.
Kagan acknowledged that many people see the court as mirroring the nation's political differences and the court ultimately must decide cases, not provide an example for how other governmental institutions should function. But she said Scalia's death in 2016 forced the remaining eight justices to work together more closely.
Justice Neil Gorsuch replaced Scalia earlier this year, but before he joined the court the justices worked hard to avoid 4-4 ties out of fear they'd been seen as incapable of doing their jobs, Kagan said.
"None of us wanted that to happen," she said. "It forced us to keep talking to each other. ... I'm actually hopeful that the effects of it will continue. All of us will remember not to stop the conversation too soon and all of us will remember the value of trying to find a place where we can agree or more of us can agree."
She didn't offer any specific examples of compromises on any cases. Raymond didn't ask Kagan about any cases pending before the court and Kagan didn't offer any comments about any specific issues.
She did joke that she was glad she wasn't the court's junior justice anymore now that Gorsuch is on board. She said the junior justice has to open the door during the justices' conference and deliver any coffee or files other justices have requested from their clerks. Earlier this year she had injured her foot and was in a walking boot but her colleagues still made her get up and open the door.
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Supreme Court Backs Dayton Veto of Legislature Budget
Court Watch |
2017/09/07 09:04
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The Minnesota Supreme Court says Gov. Mark Dayton’s veto of the Legislature’s budget was constitutional.
The ruling Friday is counter to a lower-court ruling this summer that Dayton had acted unconstitutionally, but is not the last word in the case. The high court ordered the two sides to hire a mediator, by Tuesday, to resolve the dispute outside the courts.
The months-long legal battle arose this spring when Dayton line-item vetoed lawmakers’ $130 million operating budget. Dayton says he wanted to force lawmakers to rework costly tax breaks and other measures he signed into law, but the Legislature instead sued.
The state’s highest court was tilted firmly in Dayton’s favor. He had appointed four of the six justices presiding in the case.
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Wisconsin panel changes court rules for Foxconn plant
Stock Market News |
2017/09/06 09:05
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Foxconn Technology Group could appeal lawsuits directly to the conservative-controlled Wisconsin Supreme Court, skipping the state appeals court, under changes to a $3 billion incentive package the Legislature's budget-writing committee approved Tuesday.
The unprecedented change to the usual judicial process drew criticism from Democrats, who also blasted the $3 billion incentives as a corporate welfare giveaway. But they didn't have the votes needed to stop the proposal.
The Republican-controlled committee approved the bill on a party line 12-4 vote. The state Senate planned to vote on it Sept. 12, with the Assembly expected to quickly follow. Both are under GOP control.
The Assembly approved it last month, but will have to vote again since the committee changed the measure which amounts to the largest state tax break to a foreign corporation in U.S. history. It must pass both houses of the Legislature in the same form before going to Gov. Scott Walker for his signature.
Taiwan-based Foxconn signed a deal with Wisconsin to invest up to $10 billion in the state on a massive flat-screen manufacturing campus that could employ up to 13,000 people. The plant is to be built in southeastern Wisconsin and be open as soon as 2020, although Foxconn has not identified its exact location yet.
"This is probably the biggest thing to happen to Wisconsin since the cow," Republican budget committee co-chair Rep. John Nygren said Tuesday.
Proponents say the plant offers a once-in-a lifetime opportunity for the state, while critics say the state is giving away too much with the $3 billion incentive package. The bill also waives environmental regulations that will allow Foxconn to build in wetland and waterways and construct its 20-million-square-foot campus without first doing an environmental impact statement.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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