The U.S. District Court for the Southern District of Illinois recently issued a preliminary order of approval for the settlement of a class action lawsuit between residents of Roxana and Shell Oil Co. This is indicative that the parties have agreed to, at the very least, the basic terms of a settlement. The order, issued Aug. 2 in response to the plaintiff’s unopposed motion for …
After almost 50 months of litigation, a short trial, a secret benefactor, a second lawsuit, two separate bankruptcies, a journalist having a nine figure hold placed on his checking account, and who knows what else, it’s over. On Tuesday, federal Judge Stuart Bernstein officially approved the $31 million settlement of Hulk Hogan’s invasion of privacy lawsuit against Gawker Media , company …
Two of the world’s biggest supporters of lawsuits are combining their businesses to create what one analyst described as a “gorilla” of the burgeoning industry. Shares in London-listed Burford Capital spiked 15pc after it unveiled its plan to spend up to $175m (£138m) to buy Gerchen Keller, a Chicago-based competitor in litigation funding. The two firms provide financing for claimants in …
Suzanne Mendonca, a former contestant on The Biggest Loser, is spearheading a class-action lawsuit against the show, saying producers withheld water from contestants, forced them to overexercise, and “discarded them when the cameras stopped rolling,” TMZ reports. Mendonca, who appeared on Season 2 of the weight-loss reality show, and other disgruntled former contestants recently spoke to the …