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Ener1 Inc. Wins $ 13.5M In Post-Petition Financing To Fund Chapter 11 Case

Friday, February 3rd, 2012

NEW YORK - The federal bankruptcy judge presiding over the Chapter 11 proceeding ofEner1 Inc. on Feb. 1 approved $ 13.5 million in debtor-in-possession financing to fund the bankruptcy proceeding (In Re: Ener1 Inc., No. 12-10299, Chapter 11, S.D. N.Y. Bkcy.).
Original post by LexisNexis® Mealey’sâ„¢ Daily Legal News

Penn State’s Insurer Disputes Coverage For Underlying Sandusky Suit

Friday, February 3rd, 2012

PHILADELPHIA - An insurer for the Pennsylvania State University (PSU) on Jan. 31 filed a declaratory judgment lawsuit in a Pennsylvania Common Pleas Court disputing general liability coverage for an underlying lawsuit alleging that university employee Gerald Sandusky sexually molested a minor (Pennsylvania Manufacturers’ Association Insurance Co. v. The Pennsylvania State University, et al., No. […]

Wisconsin Appeals Panel Affirms Award For Couple’s Damaged Lakefront Home

Friday, February 3rd, 2012

WAUSAU, Wis. - The Wisconsin Court of Appeals on Jan. 31 upheld a $ 138,921.17 award to homeowners who experienced structural damage to their home because of water infiltration, concluding that the damage was covered under the home’s 10-year warranty (Thomas Dierl, et al. v. Lindal Cedar Homes Inc., No. 2010AP2256, Wis. App.; 2012 Wisc. […]

New York Court Affirms Order For State To Make Medicaid Reimbursements

Friday, February 3rd, 2012

ROCHESTER, NY - The Fourth Department New York Supreme Court Appellate Division on Jan. 31 affirmed a trial court decision ordering the New York State Department of Health and its commissioner, Richard F. Daines, to reimburse Niagara County for Medicaid expenditures known as “overburden expenditures” (In the Matter of County of Niagara v. Richard F. […]

Judge Stays Petition To Confirm Until German Court Rules On Award

Friday, February 3rd, 2012

CINCINNATI - An Ohio federal judge on Jan. 31 filed a decision to stay a petition to confirm an arbitration award issued by a tribunal in a dispute over the licensing of patents related to electric discharge machining wire used in precision cutting, until a challenge to the award can be heard by a German […]

MF Global Bankruptcy Judge: Assets Not Distributed To Commodities Customers

Friday, February 3rd, 2012

NEW YORK - The federal bankruptcy judge presiding over the Chapter 11 case of MF Global Holdings Ltd. on Feb. 1 denied a request by MF Global’s commodities customers who sought an order directing the trustee to distribute the assets in the bankruptcy estate (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. […]

Kodak Seeks To Expedite Sale Of De Minimis Assets

Friday, February 3rd, 2012

NEW YORK - Bankrupt Eastman Kodak Co. on Jan. 31 moved in the U.S. Bankruptcy Court for the Southern District of New York for approval of expedited procedures to unload its de minimis assets (In Re: Eastman Kodak Company, No. 12-10202, Chapter 11, S.D. N.Y. Bkcy.).
Original post by LexisNexis® Mealey’sâ„¢ Daily Legal News

Florida Appeals Panel: Manufacturer Is Not A Construction Project Supplier

Friday, February 3rd, 2012

TALLAHASSEE, Fla. - The First District Florida Court of Appeal on Jan. 30 affirmed dismissal of a railing coating manufacturer named as the defendant in a construction defects action, agreeing that the defendant had no knowledge of the construction project and could not be considered a supplier (Harbor Landing Condominium Owners Association Inc. v. Harbor […]

Texas Federal Judge Grants Summary Judgment On Copyright Claims

Friday, February 3rd, 2012

HOUSTON - Allegations of copyright infringement were rejected Jan. 31 by a Texas federal judge, who found that the manuals and drawings at issue could not be copyrighted when they were previously within the public domain (Axxiom Manufacturing Inc. v. McCoy Investments Inc., No. 09-3735, S.D. Texas; 2012 U.S. Dist. LEXIS 11504).
Original post by LexisNexis® […]

Magistrate Judge: Prior Injury Made Workers’ Comp Benefits Denial Reasonable

Friday, February 3rd, 2012

TYLER, Texas - Because an insurer’s denial of workers’ compensation benefits was in line with a decision by the Texas Department of Insurance - Division of Workers’ Compensation (DWC), a Texas federal magistrate judge on Jan. 31 found no support for an employee’s bad faith claims (Mark Parmer v. Travelers Indemnity Co., No. 6:11-cv-00311, E.D. […]

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