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TOP NEWS
FDIC Sued By Rural NY Hospital Over Failed Bank Loan
By Sydney Price
New York-based Community Memorial Hospital Inc. has hit the Federal Deposit Insurance Corporation with a suit accusing it of wrongly refusing to insure or offset approximately $1.9 million in loan funds held at a failed Georgia bank, which the hospital claims threatens care for about 47,000 New Yorkers in rural communities.
Complaint attached |
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ENERGY & ENVIRONMENTAL
Toshiba Must Post $549M Bond In Mich. Utilities Case
By Melanie Dorsey
Toshiba America Energy Systems Corp. must post a $549.5 million bond to prevent two Michigan utilities from collecting on a nearly $394.4 million judgment while it appeals, a Michigan federal judge ruled Friday, rejecting the company's argument that a state law capping appeal bonds should limit its financial obligation to about $37 million.
Opinion attached |
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INTELLECTUAL PROPERTY
INTERNATIONAL ARBITRATION
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PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
Law360's Legal Lions Of The Week
By Kevin Penton
Susman Godfrey LLP, Langer Grogan & Diver PC, Hausfeld LLP and MoloLamken LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit ruled that a former federal judge erred by scrapping a $4.7 billion jury verdict against the National Football League in a class action over the price of its Sunday Ticket broadcast package.
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
The U.S. Department of Justice's new cash rewards program for tips on criminal fraud could backfire in some cases, experts say. Elsewhere, attorneys are weighing new strategies in the wake of Texas' historic blue shift during the midterm elections. These are some of the stories in corporate legal news you may have missed in the past week.
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