Supreme Court

N.J. pension investment fees up at $728 mln in 2015

Public worker unions are raising voice against huge fees and bonuses being paid to private fund managers. New Jersey's (N.J.) government worker pension fund paid $728 million in fees to private fund managers for 2015 year.

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IKEA Lost Its Trademark in Indonesia After a Dispute With Local Furniture Company

The case was brought to Central Jakarta District Court in 2014, and the decision was ruled by the court last year. The plaintiff made the case by presenting the Indonesian trademark law which stated that a trademark could be deleted if the company had not used the name for commercial purposes in three years after registration or after the last use.

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Washington governor pushes capital gains tax in face of budget gap

Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.

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U.S. CEOs threaten to pull tacit Obamacare support over 'wellness' spat

Leading U.S. CEOs, angered by the Obama administration's challenge to certain "workplace wellness" programs, are threatening to side with anti-Obamacare forces unless the government backs off, according to people familiar with the matter.

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U.S. releases low 2015 Obamacare enrollment forecast

The U.S. administration on Monday dramatically cut expectations for 2015 Obamacare enrollment, saying it aims to have a total of 9.1 million people enrolled in government-backed federal and state health insurance marketplaces next year.

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Ban on Berlusconi upheld by Supreme Court with modifications

The five year ban on holding public office for Silvio Berlusconi was upheld but reduced from five years to two years.

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Broadcasters appeal to stop streaming company Aereo in Supreme Court

Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.

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Telecommunications conglomerates seek Supreme Court decision on Aereo legality

With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.

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Shareholder case against UBS dismissed by Supreme Court

The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.

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Argentina loses appeal in a US court

Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.

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IMF abandons plan to seek out Supreme Court for Argentina legal battle

The International Monetary Fund forgoes Managing Director Lagarde's recommendation due to lack of United States support.

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