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  • Oct 17- A former UBS AG branch manager's pay discrimination case in Puerto Rico highlights behavior some lawyers say can give brokerages an edge in arbitration: breaking discovery rules. In May, a Financial Industry Regulatory Authority arbitration panel dismissed Carlos Capacete's claim that UBS paid him less than branch managers on the U.S. mainland.

  • Judge voids Taj Mahal casino union contract Friday, 17 Oct 2014 | 2:07 AM ET

    ATLANTIC CITY, N.J.— The Trump Taj Mahal Casino Resort may survive after all, but it's likely to do so with angry employees. A federal bankruptcy judge in Delaware on Friday voided the struggling casino's contract with its union workers, giving owner Trump Entertainment Resorts a big part of its plan to keep the casino open and save its 3,000 jobs.

  • HBO unleashes streaming from cable contracts Wednesday, 15 Oct 2014 | 11:28 AM ET

    "HBO and ESPN are the two main reasons why people have cable and satellite TV," says Forrester analyst James McQuivey. Video streamers aren't falling behind on entertainment— cord-cutters watched about 100 hours of video per month during the first half of this year, estimates the Internet research firm Sandvine. The trend accelerated as Netflix's Internet...

  • NEW YORK, Oct 13- Shares of little-known medical equipment and biotech companies jumped on Wall Street on Monday, after news that a nurse had become the first person to contract the deadly Ebola virus in the United States. Shares of biotechnology company Ibio Inc, hazmat suits maker Lakeland Industries Inc, and face mask maker Alpha Pro Tech Ltd all ended the day...

  • Probe sought in California no-bid health contracts Monday, 13 Oct 2014 | 4:12 PM ET

    LOS ANGELES— California's health insurance exchange faced calls Monday for a state investigation of its contracting practices, while a state senator urged the agency to account for deals that steered millions of dollars to a firm whose employees have long-standing ties to the agency's executive director. Ted Gaines, a Republican running for state...

  • NEW YORK, Oct 13- Little-known medical equipment and biotech companies jumped on Wall Street on Monday, following news that a nurse had become the first person to contract the deadly Ebola virus in the United States. Shares of biotechnology company Ibio Inc, hazmat suits maker Lakeland Industries Inc, and face mask maker Alpha Pro Tech Ltd were all higher near...

  • CARACAS, Oct 9- Venezuela said on Thursday compensation ordered by a World Bank arbitration tribunal in the Exxon Mobil Corp case was within a "reasonable range" once a previous award is deducted from the roughly $1.6 billion new determination.

  • CARACAS, Oct 9- Venezuela considers a World Bank arbitration tribunal's award "manageable" and will pay Exxon Mobil Corp for the 2007 nationalization of its oil projects from November, a source at state oil company PDVSA said on Thursday. Earlier, the Centre for Settlement of Investment Disputes ordered Venezuela to pay Exxon around $1.6 billion.

  • *Venezuela may seek to annul World Bank tribunal's award. CARACAS, Oct 9- A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp around $1.6 billion to compensate for the 2007 nationalization of its oil projects in the country. "The Tribunal has found that the expropriation was conducted in accordance with due process, that it was...

  • HOUSTON, Oct 9- A World Bank arbitration decision that Venezuela must pay Exxon Mobil Corp about $1.6 billion shows that the country "failed to provide fair compensation" for oil assets nationalized in 2007, Exxon said in a statement on Thursday. "Exxon Mobil recognizes the sovereignty of all nations and, while clearly not a desirable outcome, accepts...

  • CARACAS, Oct 9- A World Bank arbitration tribunal has determined Venezuela must pay Exxon Mobil Corp around $1.6 billion to compensate for a 2007 nationalization, the award posted on the International Chamber of Commerce website Thursday showed. A separate decision by the Paris- based ICSID in 2012 ordered Venezuela state oil company PDVSA pay Exxon $908...

  • Union makes counteroffer to save Taj Mahal casino Thursday, 9 Oct 2014 | 1:03 PM ET

    ATLANTIC CITY, N.J.— As a pivotal hearing drew near that could decide the fate of the Trump Taj Mahal Casino Resort, its owners and its main union clashed over pension contributions and what the company called "harassment" of its convention clients. Trump Entertainment plans to shut the Taj Mahal on Nov. 13 if it doesn't get concessions from the union and massive tax...

  • Iran aims for tempting new oil contracts soon Wednesday, 8 Oct 2014 | 5:57 AM ET

    Iran wants Western oil companies to revive its giant, ageing oilfields and develop new oil and gas projects and has been preparing a new investment model for oil contracts as part of its drive to win back Western business. The OPEC producer is in talks with six Western powers to reach a deal to limit Tehran's nuclear programme- which could end sanctions on oil...

  • Company wins new contracts despite federal probe Wednesday, 8 Oct 2014 | 12:06 AM ET

    Tilton is the founder of the private equity firm Patriarch Partners, which owns MD Helicopters of Mesa, Arizona, and dozens of other companies. The Justice Department inquiry is focused on Tilton's hiring of a former Army officer who allegedly steered millions of dollars in contracts to MD Helicopters while the pair negotiated his future employment.

  • NEW YORK, Oct 7- Samsung Electronics Co Ltd initiated an arbitration proceeding in Hong Kong against Microsoft Corp on Tuesday, amid ongoing U.S. litigation over smartphone patent royalties. The arbitration was disclosed in a court filing as part of a federal lawsuit Microsoft filed in August in New York accusing Samsung of refusing to make royalty payments to...

  • Oct 7- Lawyers for investors charged on Tuesday that securities arbitrators are chosen from a limited pool of mostly elderly men, one of several flaws in Wall Street's mandatory arbitration system that could be the cause for a steep decline in rulings favoring investors. The finding, in a study by the Public Investors Arbitration Bar Association, raises...

  • NEW YORK, Oct 7- Samsung Electronics Co Ltd initiated an arbitration proceeding in Hong Kong against Microsoft Corp on Tuesday, amid ongoing U.S. litigation over smartphone patent royalties. The arbitration was disclosed in a court filing as part of a lawsuit Microsoft filed in August in New York federal court accusing Samsung of refusing to make royalty...

  • NEW YORK, Oct 7- Samsung Electronics initiated an arbitration proceeding in Hong Kong against Microsoft Corp on Tuesday, amid ongoing U.S. litigation over smartphone patent royalties. The arbitration was disclosed in a court filing in a lawsuit Microsoft filed in August in New York federal court accusing Samsung of refusing to make royalty payments after it...

  • Oct 7- Lawyers for investors charged on Tuesday that securities arbitrators are chosen from a limited pool of mostly elderly men, one of several flaws in Wall Street's mandatory arbitration system that may be the cause for a steep decline in rulings favoring investors. The finding, in a study by the Public Investors Arbitration Bar Association, raises...

  • DUBAI, Oct 1- The International Cotton Association said it is introducing mediation services to help resolve disputes over reneged contracts that have blocked hundreds of blacklisted firms from doing business.