Law News
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The Internal Revenue Service appealed a bankruptcy judge’s approval of Solyndra LLC’s plan to exit court protection and requested an immediate stay to keep the plan from being implemented.
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KBR Inc., the largest U.S. military contractor, must pay 12 U.S. soldiers $85 million in noneconomic and punitive damages for negligently exposing the troops to toxic chromium dust at a company worksite in Iraq in 2003, a federal court jury in Portland, Oregon, said.
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The Financial Stability Board said 44 of 61 nations it evaluated are sticking strongly to international standards of cooperation and information-sharing.
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Bankrupt San Bernardino, California, officials said in a status report released today that they’ve eliminated about $29 million from the city’s budget deficit, and are making progress “toward fiscal stability.”