• The jury reached a verdict on September 24, 2009, and a judgment was ordered in favor of W. The judgment required M to pay W $18.5 million. • In November 2009, M filed a Notice of Appeal with the Court of Appeals. • In December 2010, the Court of Appeals issued a ruling in favor of M’s appeal and reversed the lower court’s ruling on the matter. This meant that the Court of Appeals overturned the jury verdict and the $18.5 million judgment against M. • On January 6, 2011, W filed a petition for a re-hearing before the same panel of appellate judges against the reversal of ruling by Court of Appeals. • On February 10, 2011, the appellate judges declined the petition for a re-hearing.
January 2005 – Solo notified Trigen of disputes after being dissatisfied that savings were not being realized. 3/21/05 – Solo filed a demand for arbitration seeking recission of the Energy Services Agreement and compensatory damages plus attorney’s fees, costs and interest. The claims were based on allegations of fraud, misrepresentation, promissory estoppel, unjust enrichment, and breach of contract. March 2005 – Solo offered to settle for $3,106,972. 4/11/05 – Trigen filed an answer and counterclaim seeking an
October 9, 2013 With managements recent restructuring and cost-cutting measures, Pharma Co. is experiencing problems accounting for the restructuring costs of terminating Plant A as of December 31, 2011. The termination of Plant A will bring several significant costs we will need to account for. One of the first costs we will encounter is the cost of terminating the lease with a fee of $1.3 million. On January 31, 2012 we are planning to vacate the facility and at the same time sign the lease termination agreement. Under ASC 420-10-25-12, a liability for costs to terminate a contract should be recognized when the entity terminates the contract in accordance with the contract terms.
Goldring was dismissed from the case, and the trial proceeded against just Medlantic. The jury found Medlantic liable for breach of confidential relationship and awarded damages in the amount of $250,000 (Doe, 2003). The jury found against Doe on the invasion of privacy claim because Goldring’s disclosure was not within the scope of Goldring’s employment with Washington Health Center (Doe, 2003). The jury also found that the lawsuit was filed within the one-year limitation periods. This verdict was then reversed by the trial court in favor of Medlantic.
Professor …, You asked me to research whether Jettison Manufacturing can reclassify the short-term debt into long-term debt before preparing year 2’s financial statements. Given my understanding of Jettison Manufacturing financial situation, I assume that the National Bank let the company not to repay the debt within six months. As the company has been able to correct the debt agreement violation and restore the current ratio to 2:2:1, which is acceptable to National, it can not to repay the debt yearly. The company has already reclassified the long-term debt into a short one, and now it wants to reclassify the debt again from the current liability to a long-term one. The key words of the search are “liabilities” and “debt”.
Earned income of Mr. D was received by his agent on December 30, 2009, but not received by D until January 3, 2010. Mr. W received a check on December 30, 2009 for services rendered, but was unable to make a deposit until January 3, 2010. 6. Stan and Anne were divorced in January 2009. The provisions of the divorce decree and Anne's obligations follow: (1.)
10-7 breach of contract: Roger Bannister was the director of technical and product development for Bemis Co. He signed a covenant not to compete that prohibited him from working for a “conflicting organization” for eighteen months following his termination, but required Bemis to pay his salary if he was unable to fi nd a job “consistent with his abilities and education.” Bemis terminated Bannister. Mondi Packaging, a Bemis competitor, told him that it would like to offer him a job but could not do so because of the noncompete agreement. Bemis released Bannister from the agreement with respect to “all other companies than Mondi” and refused to pay his salary. released Bannister from the agreement with respect to “all other companies than Mondi” and refused to pay his salary Inc., another Bemis competitor.
Issue: Whether Block is liable or not for any acts or omissions after 31 December 1976, which is the day the law firm was dissolved. Decision: The court found that dissolution of the law firm was ineffective to terminate the obligations between their clients. Reasoning: On 31 December 1976, the partnership of the law firm was dissolve by mutual agreement. This basically means the beginning of the winding up
Ms. Mitchell filed an appealed July 24, 1974, which the Appeal Tribunal overturned the Deputy’s decision and reinstated these benefits to Ms. Mitchell on August 28, 1974. September 13, 1974, the Lovington Center did not agree and appealed the decision made by the Appeal Tribunal to the Commission. The Commission overruled the Appeal Tribunal and reestablished the seven week exclusion period. Ms. Mitchell then applied for and was granted certiorari from the decision to the District Court of Bernalillo County. The District Court reversed the Commission’s decision and ordered the benefits to be reinstated.
He went on to say: "If a retailer has not gotten involved with this, if he has not spent money on this election, if he has not sent money to Norm Coleman and these other guys," then those retailers "should be shot; should be thrown out of their goddamn jobs." In January 2009, FedEx exercised an option to buy fifteen Boeing 777F planes and had an option to buy fifteen more. The contract between the two companies allows FedEx to cancel the second order if Congress passes the EFCA. [54] In April 2009, the Associated Builders and Contractors sent a letter to every member of Congress on behalf of 3,000 construction firms opposing the bill in any form. In 2010, four states passed constitutional amendments protecting the right to a secret ballot: Arizona, South Carolina, South Dakota, and Utah.