Legal News Brief – May 31, 2013
Before you head out for the weekend, check out your legal news headlines from Thomson Reuters News and Insight.
Ex-shareholders of Lyondell, Tribune face novel clawback threat
If successful, the lawsuits could circumvent the legal protections that have generally shielded individual investors when a leveraged buyout goes bust.
When health data is stolen, lawsuits often follow
For healthcare providers, stolen laptops, hard drives and other devices containing patient information have long been a public-relations nightmare. Increasingly, they are a legal one.
AIG drops lawsuit vs NY Fed related to bailout
In an order made public in Manhattan Federal Court, the insurer and Maiden Lane II, an entity created in December 2008 to buy troubled mortgage debt, agreed to dismiss their case without prejudice.
N.Y. healthcare company seeks bankruptcy, blames Medicare cuts
Sound Shore Health System filed for Chapter 11 protection and plans to sell its business to Montefiore Medical Center for $54 mln.
For more legal news, check out Thomson Reuters News & Insight.