David's Feed
Jul 29, 2014

Ex-Dominican anti-drug official pleads guilty to drug charges

NEW YORK (Reuters) – The former chief operating officer of the Dominican Republic’s main counter-drug agency pleaded guilty on Tuesday to U.S. charges that he conspired with drug traffickers to transport cocaine into the United States.

At a hearing in U.S. district court in Manhattan, Francisco Hiraldo Guerrero, 54, said he was part of the traffickers’ conspiracy. He said he had reached an agreement with prosecutors and was waiving his right to a trial.

Jul 22, 2014

Latest Obamacare legal knot won’t be easy to untangle

NEW YORK, July 22 (Reuters) – U.S. judges have their work
cut out for them untangling a legal knot created on Tuesday when
two federal appeals courts released conflicting rulings hours
apart going to the heart of the role the federal government will
play in Obamacare.

The latest conservative challenge to President Barack
Obama’s healthcare overhaul will not necessarily land in the
U.S. Supreme Court, although it could end up there as soon as
this year if the two lower courts go on disagreeing.

Jul 20, 2014

RJ Reynolds’ $23-billion punitive damage award unlikely to stand: experts

NEW YORK (Reuters) – A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday.

The award, which the cigarette maker has said it will contest, likely falls outside the boundaries for punitive damages that the U.S. Supreme Court has laid down in a series of cases, the lawyers told Reuters.

Jul 18, 2014

Worldwide legal claims could await Malaysia Airlines after jet downed

NEW YORK (Reuters) – Malaysia Airlines may need to convince judges from several countries that it was not negligent to send a plane over wartorn eastern Ukraine if the airline hopes to avoid an outsize legal exposure for the downing of Flight MH17, aviation lawyers said.

The lawyers told Reuters they expected at least some of the families of the 283 passengers on board the flight to sue Malaysia Airlines for damages above the amount they can already seek under an international agreement.

Jul 16, 2014

U.S. court revives BP retirement-plan lawsuit

By David Ingram

(Reuters) – A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

The 5th U.S. Circuit Court of Appeals in New Orleans said that a ruling last month from the U.S. Supreme Court upended the reasoning applied by a lower court that had dismissed the class action suit two years ago.

Jul 7, 2014

U.S. commission plans to look at size of price-fixing fines

WASHINGTON (Reuters) – A U.S. government body that sets the recommended ranges for criminal fines and prison sentences is kicking off a process that could result in bigger fines for corporations that conspire to fix prices in violation of antitrust laws.

The U.S. Sentencing Commission, made up mostly of judges, said in a notice last month that it had identified price-fixing fines as a tentative priority area for study. The notice, which received little attention, was published June 2 in the Federal Register, a journal of U.S. government proceedings.

Jun 25, 2014

Nebraska lawyer aims to be trust-busting U.S. senator

By David Ingram

(Reuters) – A Nebraska lawyer is trying to breathe life into an old-fashioned antitrust movement with a campaign for the U.S. Senate based partly on breaking apart the country’s biggest banks and blocking consolidation among meatpackers.

In a throwback to an era when some politicians won by railing against big companies for strangling competition, Dave Domina secured the Democratic nomination in May and faces Republican Ben Sasse in the Nov. 4 election.

Jun 25, 2014

Boehner readies House lawsuit over Obama executive orders

WASHINGTON (Reuters) – Republican House of Representatives Speaker John Boehner said on Wednesday he plans to sue President Barack Obama, accusing him of abusing his authority by going around Congress to implement his policy agenda.

The suit, to be filed by the House of Representatives later this summer, takes issue with executive actions Obama has taken on issues ranging from healthcare to energy to foreign policy, Boehner said. But he declined to be specific about which administration actions he would challenge.

Jun 20, 2014

Benghazi suspect faces U.S. criminal, not military, court

NEW YORK/WASHINGTON (Reuters) – A suspected leader of the attack on the U.S. compound in Benghazi, Libya, captured by U.S. forces and spirited out of the country, can expect to move quickly through the initial steps of the criminal justice system within hours of arriving on American soil.

Seized in a raid last Sunday, Libyan militant Ahmed Abu Khatallah is the suspected leader of a group implicated in the 2012 attack on a U.S. diplomatic compound and CIA base in Benghazi.

Jun 20, 2014

U.S. appeals court revives players’ suit against NFL

NEW YORK (Reuters) – A U.S. appeals court on Friday revived a lawsuit by the NFL Players’ Association accusing the National Football League of unlawfully colluding to cap salaries in 2010.

In a unanimous ruling, a three-judge panel from a federal appeals court based in St. Louis said the association could move forward with the lawsuit in a lower federal court.