Dov Charney’s dream of buying back the company he founded would appear to be over: a U.S. judge said he will approve American Apparel’s plant to exit bankruptcy and rejected a takeover bid from the former CEO and his financial backers. [More]
you win some you lose some
Apple Is On The Hook For $450M After Losing Federal Appeal In E-Book Price-Fixing Case
By 6.30.15
Though Apple’s alleged co-conspirators have long since settled and gone about the process of making good for the price-fixing they did not legally admit to committing, the elecronics company had held out in its fight to clear its name, taking the case to a federal appeals court late last year. It seems the electronics company will have to give up that battle, after the court upheld a 2013 decision that found Apple liable for conspiring with publishers to raise the price of e-books. [More]
