Law News
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Rolf Breuer, Deutsche Bank AG’s former chief executive officer, defends criminal charges today that he lied in court testimony, allegations similar to those leveled against his successor.
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Suzuki Motor Corp. said it started arbitration procedures over its partnership with Volkswagen AG as the Japanese carmaker seeks to buy back its shares after declaring an end to the two-year-old cooperation agreement.
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The bankruptcy case filed by Harrisburg, Pennsylvania, the state capital, was thrown out by a judge who ruled the city council wasn’t authorized to file the petition.
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Fees for liquidating the MF Global Inc. broker-dealer may reach $100 million in a year, based on lawyers’ estimates and costs to wind down two other brokerages, Lehman Brothers Inc. and Bernard Madoff’s firm.
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