Word: settlement
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...take the bait. Theodore Moskowitz, Yontef's lawyer, says his client had no idea the woman's proposition had been orchestrated: "He thought it was funny. He called his wife on his way home." Yontef's suit against Kushner was dropped earlier this year as part of a settlement. But last month Kushner agreed to pay a $508,900 fine to the Federal Election Commission for various mistakes...
...million Amount of the settlement that will go to former bond saleswoman and lead plaintiff Allison Schieffelin...
...state of Rheinland-Pfalz. "That would be a signal to employees." DaimlerChrysler did just that; the company's management board - headed by chief executive Jürgen Schrempp, who earned €7.5 million last year - agreed to give back 10% of its salary as part of the settlement. Will the attempts at forced executive givebacks make Europe's workers more willing to accept longer hours? It's too early to tell. But workers know employers are more than willing to move factories to lower-cost countries - Siemens alone has moved 71,000 jobs abroad since 1993. So it seems likely...
...friend from law school, Edwards opened his own firm in 1993, and he could now afford to be choosy. He turned down 50 to 100 cases for every one he accepted. The mere hint that Edwards might be a client's lawyer was enough to produce a generous settlement offer. But given a choice between settling or not, Edwards usually leaned toward going to trial, so supremely confident was he in his ability to read a jury. By 1996 Edwards was rich and one of the best-regarded lawyers in the U.S. He had exceeded every expectation anyone had ever...
...Blackened Market Tobacco giant Philip Morris agreed to pay the E.U. $1.25 billion in final settlement of lawsuits alleging complicity in smuggling cigarettes to evade duties. The money will go to an E.U. fund against contraband tobacco...