The 2nd U.S. Circuit Court of Appeals in New York directed two lower court judges on Wednesday to reexamine whether they had the authority to force compliance with court orders freezing accounts in China in light of a U.S. Supreme Court decision limiting federal court jurisdiction over foreign corporations.» Read More
A unanimous Supreme Court decision on Tuesday limited the ability of states to tax the income that companies with out-of-state headquarters earn from their investments in businesses in their home state.
The Supreme Court upheld a ruling that investors cannot sue third parties such as banks and accounts in cases of securities fraud.
The Supreme Court on Monday stepped into the long-running battle over the $2.5 billion in punitive damages owed by Exxon Mobil for the Exxon Valdez oil spill in 1989.
The Supreme Court rejected Monday an appeal by Microsoft and Best Buy of a ruling that reinstated a lawsuit by the electronics retailer's customers who claimed to have been improperly charged for Microsoft's MSN Internet service.
On Tuesday, the U.S. Supreme Court is hearing an case that some say may alter the landscape of investing. The outcome potentially could strengthen shareholder confidence -- or stifle investment markets.
The controversy over just what the U.S. Supreme Court's ruling on Leegin v. PSKS means is still fueling debate. Hedda Schupak, Editor-in-chief of Fine Jewelry publication JCK wrote in with her impression on just what the ruling will mean for high end retailers. She seems to think that price-flooring has been going on for a long time and that the new ruling won't change those practices that drastically.
Hey everyone, I've got an update on my U.S. Supreme Court antitrust decision post. One hedge fund manager I spoke with responded to my question about how the ruling will affect the apparel business. All that follows is a summary of his take: The decision about enforcing minimum pricing will have almost no effect with one possible HUGE exception. Power brands like Polo, Juicy, Coach, Calvin Klein already decide the minimum pricing of their products.
Here's the quick and dirty on what yesterday's ruling by the U.S. Supreme Court on Leegin v. PSKS means for retail: The case of Leegin v. PSKS came to the docket of the Supreme Court after a dispute over the sale prices of designer handbags. Brighton/Leegin of City of Industry, Calif. Brighton/Leegin required a Lewisville, Texas, boutique, Kay's Kloset, to agree in writing not to sell its products below a certain price.
The Supreme Court overturned Thursday a nearly 100-year-old precedent that some price-setting agreements between manufacturers and retailers are automatically illegal under federal antitrust law.
The Supreme Court on Thursday imposed a strict standard that investors must meet to keep alive their lawsuits alleging securities fraud.
The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron's collapse.
The U.S. Supreme Court ruled that a class-action lawsuit against Philip Morris USA, a unit of Altria Group, should not be decided in federal court, handing a defeat to the tobacco company.
The U.S. Supreme Court said it would not hear an appeal by drug maker Amgen that centers on how much leeway appeals courts should have in overruling the findings of lower courts in patent cases.
The Supreme Court sided with Microsoft in a case that restricts the reach of U.S. patents overseas. The decision could impact other lawsuits against Microsoft and save the company billions because of the global scope of its operations.
One of the world's most prominent peer-reviewed medical journals is weighing in on last week's U.S. Supreme Court decision on abortion.
The court, in a 5-4 ruling in its first case on climate change, declared that carbon dioxide and other greenhouse gases are air pollutants under the Clean Air Act.
The Supreme Court said it has declined to consider an appeal by a carpet and floor-covering company that was sued by its employees for hiring illegal immigrants in an effort to depress wages.
The Supreme Court is ready to hear from lawyers from Microsoft and AT&T as it considers a long-running patent dispute between the industry giants.
A closely divided U.S. Supreme Court overturned a $79.5 million punitive-damages award against Altria Group's Philip Morris USA unit, in what is being seen as a victory for both the tobacco company and the corporate world.
Once again, the U.S. Supreme Court is facing a controversial case involving eminent domain and when it can be invoked. This is the second time this issue has landed before the high court in 2 years. How much license should the government have to take your property? On “Power Lunch” Sue Herera asked if this was another case of government gone wild.