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Saab files for bankruptcy after Chinese deal fails
Legal Business |
2011/12/18 11:28
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Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Motors Co. blocked takeover attempts by Chinese investors.
Saab CEO Victor Muller personally handed in the bankruptcy application to a court in southwestern Sweden, ending his two-year effort to revive the carmaker that over more than six decades has become known for its rounded sedans and quirky design features.
The Dutch entrepreneur told reporters he had to pull the plug after GM, which still owns some technology licenses for Saab, rejected a last-ditch financing plan involving a Chinese company.
That basically was the last nail in the coffin of this beautiful company, Muller said in webcast news conference at the Saab plant in Trollhattan, southwestern Sweden. |
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Phil Spector to take appeal to US Supreme Court
Headline Court News |
2011/12/16 09:37
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A lawyer for imprisoned music legend Phil Spector is asking the U.S. Supreme Court to review his murder conviction, arguing his constitutional rights were violated by the trial judge.
Attorney Dennis Riordan contends that Superior Court Judge Larry Paul Fidler became a witness for the prosecution by offering his opinion on an expert's testimony.
The filing was expected to reach the court Friday. It cites the prosecution's use of the judge's videotaped comments and his picture during prosecution summations.
The same arguments were made to state appellate justices, who refused to consider them because of a belated filing. They upheld Spector's second-degree murder conviction in the death of actress Lana Clarkson.
The California Supreme Court declined to review the case. |
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Suspect's lawyer describes Minn. courthouse attack
Industry News |
2011/12/16 09:36
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In the moments after authorities say a man just convicted in a criminal trial opened fire at a small northern Minnesota courthouse, it was his defense attorney who rushed to the aid of two shooting victims.
John Lillie III described a chaotic scene Thursday just minutes after his client, Daniel Schlienz, was convicted of third-degree criminal sexual conduct. Authorities have identified Schlienz, 42, as the man who shot the prosecutor who handled his case and another man.
In an interview with the Star Tribune of Minneapolis, Lillie said he was speaking to Schlienz's mother when he heard a shot ring out inside the Cook County courthouse.
Lillie said he followed a man's pleas for help and found Gregory Thompson, of Grand Marais, wounded. He dragged Thompson outside, then re-entered the courthouse to warn workers. Lillie said he heard two more shots on the second floor and ran up to find Tim Scannell, the county prosecutor, bleeding from three gunshot wounds. |
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Throng of Occupy protesters appear in NY courts
Headline Court News |
2011/12/15 13:03
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Nearly 200 people arrested during Occupy Wall Street-related protests were in New York courtrooms hundreds of miles apart Wednesday, answering charges that stemmed from a march on the Brooklyn Bridge and a demonstration in a Rochester park.
In Manhattan, arraignments were under way for 166 people, most of them among the more than 700 picked up in an Oct. 1 march that marked the biggest mass arrest of the New York protest so far. Hundreds of other protesters arrested on the bridge and during other Occupy demonstrations in the city have already been to court, but this week's numbers are some of the biggest.
Meanwhile, 28 Occupy Wall Street supporters were set to appear in a Rochester court on charges of trespassing by staying in a park past its curfew.
Some wearing their Occupy Wall Street allegiance on buttons — and in one case, a hand-painted oxford shirt — lined hallways and an overflow courtroom in a Manhattan courthouse that handles low-level offenses. Many had been arrested on the bridge after police said protesters ignored warnings not to leave a pedestrian path and go onto the roadway.
The demonstrators were generally charged with disorderly conduct and blocking traffic, both violations. Many took a judge's offer Wednesday to get their cases dismissed if they avoid getting arrested again for six months. |
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