If they really wanted to do something to pacify the former prisoners, it would be open to both governments but not to their respective monarchs to renegotiate the miserly settlement of claims reached by their predecessors in the 1950s.
Becker, of the District of Columbia, to be a Member of the Foreign Claims Settlement Commission of the United States for the term expiring September 30, 2013, vice Ralph E.
Pursuant to U.S. GAAP, a portion of the proceeds will be accounted for and attributed to the settlement of prior legal claims.
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The size and scope of the problem is now well known and it seems straightforward to sign on to a final settlement that wraps up most of the claims, helps some genuinely needy borrowers, and protects lenders from still additional liability arising out of the same conduct.
The plaintiffs and BP "believe that the settlement agreements are a fair, reasonable and adequate resolution of the claims, " the company said.
Since they face the same lawyers over and over, both sides have worked out a simple bargain: In exchange for fees, the plaintiff lawyers sell absolution in the form of a blanket settlement of their claims.
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Ex-miners' union president Arthur Scargill has reached an out-of-court settlement with the National Union of Mineworkers (NUM) over expense claims.
It's entirely possible that the severity of the side effects for Redux, the Wyeth drug, have been overblown as a result of a legal settlement that acted like a honey pot, causing false claims to spring out of the woodwork.
In fact, as a condition of the settlement, News Corp. will not be required to acknowledge the truth of any of the claims against it.
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The other settlement, with all ten banks participating, resolved claims of foreclosure abuses that included flawed paperwork and bungled loan modifications.
The oil firm has not agreed with the Justice Department on a separate civil settlement involving federal and state claims of damages to natural resources.
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The archdiocese said its finances would not be disrupted, as it had already budgeted for the settlement, but other dioceses have declared bankruptcy following a flood of abuse claims.
It came despite aggressive statements made by Balsillie last week: he repeatedly denounced NTP's patent claims and accused the company of being disingenuous in its settlement offers.
And Arab diplomatic inflexibility has given Israel time to enhance through Jewish settlement its claims for retention of strategically valuable territories it acquired in the 1967 war.
In such cases, plaintiff lawyers typically swamp a company with claims, then negotiate a settlement that steers most of the bankruptcy proceeds to themselves at the expense of other creditors, including future asbestos victims.
The court also seemed to be calling on judges to demand more information about settlement procedures before approving fees, or even withholding approval of fees until the claims have been administered.
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The settlement deals with so-called mortgage put-back claims that investors believe Bank of America must make good on because Countrywide breached contract provisions regarding the quality and type of loans that backed the securities.
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Insurance companies might be choosing to cooperate with settlement mills, in part because settlement mills appear willing to settle the largest claims which present the highest chance of a catastrophic verdict at an attractive discount.
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Ramos has suggested that the claims of some 10, 000 human rights victims against the Marcoses should be included in any settlement.
Reaching a final settlement with the Osage Tribe on its trust accounting and trust mismanagement claims has been a priority for the Department of Justice and the Department of the Interior.
This new agreement, made public Friday afternoon, amounts to a full and final settlement of all claims against RIM, as well as a perpetual, fully-paid up license for the disputed patents.
Class-action lawyers are peddling absolution to their targets: In exchange for a settlement that includes lucrative fees, they can obtain a court decree ending the possibility of any further litigation over the same claims.
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