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Lehman files new plan for repaying creditors

Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for dividing up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on.
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FBI agents arrest over 100 Mafia suspects in biggest crime bust

In what is being billed as the biggest crime bust in history, the FBI have arrested 119 Mafia suspects and have charged nearly 130 people connected to different crimes ranging from murder and drug trafficking to extortion, gambling, loan-sharking and prostitution.

MTV Skins show violating child porn laws?

MTV executives have ordered changes in a new hit drama called 'Skins' because of fears that some explicit scenes could violate child pornography laws by featuring the sex- and drug-fueled exploits of misfit teenagers.

JFK airport terrorist attack conspirator sentenced to 15 years in prison

Abdel Nur, a Guyanese national, has been sentenced by a U.S. district court judge to 15 years in prison for providing material support to a terrorist group that had conspired to attack John F. Kennedy International Airport in Queens, New York, by exploding fuel tanks and the fuel pipeline under the airport.
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U.S. firms in China see regulation as top hurdle: survey

An increasing number of U.S. companies in China say the enforcement of intellectual property rights has deteriorated in the last year and that the regulatory environment is the biggest hurdle to doing business there, a survey showed on Wednesday.

Tata Steel raises 5.08 bln rupees from anchor investors

Tata Steel has raised 5.08 billion rupees ($111.8 million) from anchor investors at the upper end of an indicated price range ahead of a public share offering, reflecting investor optimism in the company's prospects in India's fast-expanding economy.
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Legal sector Dec job losses indicate struggle ahead

The legal sector has lost 1,000 jobs in December, recording its third straight month of job losses, but overall, the sector has more jobs than a year ago, according to the data released by the Bureau of Labor Statistics.
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MS-13 gang leader, members of San Francisco clique plead guilty to RICO charges

A former leader and two other members of the San Francisco branch of La Mara Salvatrucha or the dreaded MS-13 criminal gang have pleaded guilty in federal court to various federal charges that include racketeering (RICO) conspiracy, conspiracy to commit murder in aid of racketeering, and the use or possession of a firearm in furtherance of a crime of violence, according to the Department of Justice.
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Howrey struggling with European IP practice

Howrey is struggling with its European intellectual property (IP) practice following the departure of its London-based managing partner Mark Hodgson, who has joined Field Fisher Waterhouse.

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