Articles by Jef Feeley

Oracle Loses Bid to Have D&O Insurer Beazley Pay $20M in Claims Over Acquisition

Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge concluded. Delaware Chancery Court Judge Travis Laster on …

Judge Delays NFL’s $914M Concussion Settlement

National Football League’s $914 million settlement of claims tied to player concussions was denied preliminary approval by a federal judge who said she is concerned that not all players will be paid. U.S. District Judge Anita Brody in Philadelphia yesterday …

NFL Submits $914 Million Concussion Settlement to Court

The National Football League could spend more than $914 million to settle claims brought by former players over head injuries, according to a proposed agreement submitted for court approval. The amount includes $675 million to compensate players for a specified …

Judge Rejects BP Complaint Over Proof of Economic Losses from Gulf Oil Spill

BP Plc lost a bid to require businesses to provide proof their economic losses were caused by the 2010 Gulf of Mexico oil spill under a $9.2 billion settlement over the disaster. U.S. District Judge Carl Barbier in New Orleans, …

BP Seeks Halt to Oil Spill Payments to Seafood Firms, Alleges Attorney Fraud

BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’ attorney. BP yesterday also sued …

J&J Reaches $4 Billion Settlement of Hip-Implant Suits: Sources

Johnson & Johnson will pay more than $4 billion to resolve thousands of lawsuits over its recalled hip implants in the largest settlement of U.S. legal claims for a medical device, three people familiar with the deal said. The accord …

Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims

BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the program’s administrator, …

NFL Agrees to Settle Players’ Concussion Suits for $765 Million

The National Football League agreed to pay $765 million to settle thousands of lawsuits over players concussions in a deal that provides individual awards and medical monitoring, according to court filings. The settlement will compensate more than 5,000 ex-players for …

Pfizer to Pay $1.8 Million in Prempro Punitive Damages

Pfizer Inc. must pay about $1.8 million in punitive damages to a Connecticut woman who developed breast cancer after taking the company’s Prempro menopause drug, a judge ruled. U.S. District Judge Janet Bond Arterton’s Aug. 5 order brings to $5.76 …