Six Flags settles; bondholders to own company  (access required)

Six Flags Inc. junior bondholders will own the bankrupt theme park operator under a settlement reached Friday, ending a two-week long trial, lawyers said in court.
Company attorney Paul Harner announced the deal in U.S. Bankruptcy Court in Wilmington, Delaware, after a trial related to the now-defunct reorganization plan was halted so Six Flags and two [...]

E*Trade wins dismissal of auction-rate class action  (access required)

E*Trade Financial Corp., the online brokerage that hasn’t made money since 2007, won dismissal of a class-action lawsuit accusing it of making misrepresentations to customers in selling them auction-rate securities.
Kansas City-based Stueve Siegel Hanson is representing investors in the lawsuit.
New York federal Judge Sidney H. Stein dismissed the complaint Thursday. The judge, who read his [...]

Federal Reserve must disclose bank bailout records  (access required)

The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said.
The U.S. Court of Appeals in Manhattan ruled Friday that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of [...]

Judge orders renegotiation of 9/11 settlement  (access required)

A federal judge has rejected a multimillion-dollar legal settlement for people sickened by dust from the World Trade Center attacks.
U.S. District Judge Alvin Hellerstein said in court Friday that the deal to compensate 10,000 police officers, firefighters and other laborers didn’t include enough money for the workers.
He also said he was concerned that too much of [...]

Panels nominated for St. Louis County judge vacancies (access required)

The St. Louis County Judicial Commission announced two panels to be submitted to Gov. Jay Nixon to fill the vacancies created by the elevation of Circuit Judge Gary M. Gaertner Jr. to the appellate court and the retirement of Circuit Judge Larry L. Kendrick.

In The News (access required)

Frank H. Plescia has joined Bryan Cave as senior policy adviser in the firm’s St. Louis and Jefferson City offices. Working within the firm’s environmental practice, Plescia will focus on expanding the firm’s state government affairs practice. Plescia has more than 23 years of experience in state governmental affairs with Chevron Corp. and Monsanto Co.
St. [...]

Charter, Verizon settle patent suits over networks  (access required)

Charter Communications Inc., the cable operator that emerged from bankruptcy in November, and Verizon Communications Inc. settled their patent litigation over fiber-optic and data networks.
Financial terms aren’t being disclosed, said Bob Varettoni, a spokesman for New York-based Verizon. The agreement covers three patent-infringement lawsuits the companies filed against each other.
New York-based Verizon and Charter sued [...]

Prosecutors have final say over plea decisions (access required)

Victims’ rights don’t mean victims are always right.
I fully realize and, for the most part, support that the victims’ rights regime in Missouri is a necessary and vital part of our legal system even if a relatively new part of it.
It has given victims the ability to be a part of the prosecution of the [...]

‘Show Me’ group reports $175K in con-tributions (access required)

An organization proposing to move Missouri to direct judicial elections has received some sizable campaign contributions lately.

Legal issues over CAFO suit are murky in Arrow Rock appeal (access required)

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Following arguments Thursday in Kansas City, an appeals court was left to decide: Is this case about one man’s attempt to build a hog farm, or the constitutional obligations of the department that oversees state parkland?

  • BJC to expand cancer center (access required)
    An increase in demand for cancer treatment at the Siteman Cancer Center has prompted Barnes-Jewish St. Peters Hospital officials to expand the facility.

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