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Pandora loses to BMI in court hearing, vows to appeal
Court Watch |
2015/05/16 17:06
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Pandora Media Inc. lost a court hearing Thursday in a dispute with music publishing rights group BMI over royalty rates, but the Internet streaming leader said it will appeal.
Pandora said it's confident it can win later since the appeals court — the 2nd U.S. Circuit Court of Appeals in New York — last week ruled in its favor in a case against the other major publishing group known as ASCAP.
Thursday's ruling would force Pandora to pay 2.5 percent of its revenue to songwriters and music publishers, up from 1.75 percent. Last week's appeals court ruling allowed Pandora's 1.85 percent rate to ASCAP to stay intact.
If the appeal fails, Pandora says its costs could rise by 0.8 percent of revenue, which would have amounted to about $1.7 million last quarter.
BMI called the ruling a victory for the more than 650,000 songwriters, composers and publishers it represents. |
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Duke Energy will be in federal court for coal ash crimes
Topics in Legal News |
2015/05/15 17:07
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As the nation's largest electricity company prepares to plead guilty to violating the federal Clean Water Act, Duke Energy has started delivering bottled water to people with tainted wells close to its North Carolina coal ash pits.
Duke has long denied its 32 dumps in the state have contaminated the drinking water of its neighbors, suggesting any worrying chemicals found in the wells is likely naturally occurring.
But recent state-mandated tests found that more than 150 residential wells tested near Duke's dumps have failed to meet state groundwater standards, and residents have been advised not to use their water for drinking or cooking.
Many of the results showed troublesome levels of toxic heavy metals like vanadium and hexavalent chromium — both of which can be contained in coal ash. And some of the residents have retained lawyers.
Duke spokeswoman Erin Culbert told The Associated Press that any homeowner who gets a state letter warning of a tainted well will get safe bottled water from Duke, if they request it.
While denying responsibly for the problem, Culbert said Duke simply wants to provide the homeowners "peace of mind."
Duke is scheduled to plead guilty Thursday to nine environmental crimes as part of a negotiated settlement with federal prosecutors requiring it to pay $102 million in fines and restitution. The proposed settlement over years of illegal pollution leaking from ash dumps at five of Duke's plants has been sealed, so it wasn't clear before the hearing whether people with contaminated well water will benefit. |
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Man kills his lawyer, judge, co-defendant in Milan court
Attorney News |
2015/04/15 15:49
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A real estate developer on trial for fraudulent bankruptcy fired 13 shots inside the Milan Tribunal on Thursday, killing his lawyer, a co-defendant and a judge, eluding court security before being captured 25 kilometers away.
The shooting raised concerns about security at Italy's courthouses, where much of the surveillance has been outsourced to private contractors, and about Italy's ability to protect visitors during the Milan Expo 2015 world's fair, which opens May 1 and is expected to attract 20 million visitors over six months.
Premier Matteo Renzi pledged a robust investigation into how the gunman, identified as Claudio Giardiello, managed to bring a pistol into the monumental Fascist-era tribunal, where defendants and other visitors are required to pass through metal detectors, but accredited court officials, including lawyers, are not.
"Our commitment is that this never happens again, and that those responsible pay," Renzi said.
The chief federal prosecutor in Milan, Edmondo Bruti Liberati, told reporters it appeared Giardiello may have used a fake document to enter through the only pedestrian entrance not equipped with a metal detector and intended only for use by accredited court officials. He said the metal detectors at the other entrances were in good working order.
Bruti Liberati praised law enforcement, who apprehended Giardiello at a shopping center more than an hour after the shooting. They had identified the license plate on his motor bike with video surveillance cameras and tracked his arrival in Vimercate, some 25 kilometers (15 miles) from the scene in the heart of Milan.
Prosecutors said Giardiello, 57, was still armed with a loaded pistol and intended to kill another business partner whom he blamed for a failed real estate venture. |
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Panama court lifts Martinelli's immunity from prosecution
Court Watch |
2015/04/15 15:47
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Panama's Electoral Tribunal has lifted former President Ricardo Martinelli's immunity from prosecution, clearing the way for authorities to investigate him for alleged corruption.
The lifting of Martinelli's immunity as a member of the Central American parliament had been requested by Panama's Supreme Court and frees it to proceed with his prosecution. The decision was made Tuesday and announced the following day.
The billionaire supermarket magnate faces accusations that he inflated contracts worth $45 million to purchase dehydrated food for a government social program.
Martinelli has denied the charges and says he is the target of persecution by his successor, Juan Carlos Varela. He has left the country and his whereabouts are unknown.
Martinelli governed Panama from 2009-2014, a period of high economic growth but also of corruption, his critics say. |
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McConnell, Cruz urge court to reject gay marriage
Securities Class Action |
2015/04/07 13:48
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Senate Majority Leader Mitch McConnell and presidential candidate Sen. Ted Cruz are among 57 Republicans in Congress who are calling on the Supreme Court to uphold state bans on same-sex marriage.
The congressional Republicans said in a brief filed at the high court Friday that the justices should not impose "a federally mandated redefinition of the ancient institution of marriage" nationwide. The Republicans said the court should let voters and their elected legislatures decide what to do about marriage.
The court will hear arguments on April 28 in cases from McConnell's home state of Kentucky, as well as Michigan, Ohio and Tennessee. Same-sex couples can marry in 37 states.
Last month, 7 Republicans joined 211 Democrats and independents in Congress in support of same-sex marriage nationwide.
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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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