Word: lawsuit
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...Parmalat in 1999. Buconero loaned a total of $137 million to a Swiss subsidiary of Parmalat that then distributed the money to other Parmalat companies. Buconero received a guaranteed return of almost 6%, plus a total of about $7 million in fees for Citigroup. In his lawsuit against Citigroup, which seeks a whopping $10 billion in damages, bankruptcy administrator Bondi alleges that Buconero was used to dress up debt as an equity infusion, and says the bank must have known about Parmalat's true financial situation. Citigroup denies it, saying Parmalat was making use of a perfectly legal type...
...deal, an allegedly DIY band and an allegedly DIY branch of the U.S. government have agreed to a mutually beneficial deal that I think is enough to brand both as sell-outs. The conflict started in the summer of 2004 when the Postal Service band faced a copyright infringement lawsuit from the Postal Service mail service. Why did the USPS care? Because the Postal Service band had earned far more fame and record sales than are appropriate to its label; its debut Give Up became Subpop’s second highest all-time seller, behind Bleach, the debut from another...
Isabelle said she filed the lawsuit three years after the alleged assault took place, a day before the three-year statue of limitations expired. Isabelle said she was awarded an $11,000 settlement in September 2002 but is appealing the decision to seek a more favorable deal. A spokesman for the University declined to comment...
...lawsuit also included a separate assault complaint against one of Isabelle’s co-workers from the Law School Library; the suit alleged that Sandra Shreve of Belmont, Mass., “committed an assault and battery” upon Isabelle resulting in injury, suffering, medical expenses and her inability to “sustain even partial employment.” Shreve denied the allegations in an Oct. 5 response to the court—which requested dismissal of the claim—and declined to comment further...
...lawsuit also faulted Harvard for not providing “a safe workplace by allowing another employee to run uncontrolled, undisciplined, with no bar to her behaviors...