The U.S. Fair Housing Act bars only intentional discrimination, not all practices that have a disparate impact on racial minorities, a federal judge ruled in a victory for the financial services industry.
Read More »NFL’s Redskins appeal ruling that team’s name is disparaging
The Washington Redskins appealed a decision that the football team’s name was disparaging to American Indians and no longer entitled to federal trademark protection, escalating a two-decade dispute over a brand worth an estimated $145 million.
Read More »IRS tells judge it couldn’t save data on Lois Lerner’s computer
U.S. Internal Revenue Service told a judge its technicians made repeated futile efforts to save data on a malfunctioning computer hard drive used by Lois Lerner, the former official at the center of a dispute between Congress and the Obama administration over scrutiny of tea party groups.
Tagged with: Internal Revenue Service
Read More »Tea party group loses appeal on corporate PAC restrictions
A tea party-linked group seeking to loosen restrictions on corporate political action committees was handed a defeat by a U.S. appeals court in Washington, marking a rare win for advocates of campaign finance controls.
Tagged with: Political Action Committee
Read More »Obama administration seeks review of health-care aid denial
The Obama administration asked the full U.S. Court of Appeals in Washington to reconsider a three-judge panel ruling that customers on the federal marketplace authorized by the health-care overhaul are ineligible for subsidies to buy insurance.
Read More »Appeals courts split on Affordable Care Act ruling
Two U.S. appeals courts reached opposite conclusions on the legality of a key financing provision of the Affordable Care Act, increasing the chance of another showdown at the Supreme Court over President Barack Obama’s signature health-care law.
Tagged with: Patient Protection and Affordable Care Act
Read More »Citigroup military loan borrower shut out of settlement
A retired Army sergeant who accused a Citigroup Inc. unit of overcharging military personnel on home loans was barred by a judge from joining a $20 billion national settlement with the five largest U.S. mortgage servicers over botched foreclosures.
Read More »Whistle-blower’s award ruled to be taxable as ordinary income
A U.S. Tax Court judge rejected arguments that the money should be recognized as capital gains and subject to a lower tax rate.
Tagged with: capital gains income tax rates
Read More »Court: IRS lacks authority to regulate tax preparers
The U.S. Internal Revenue Service lacks authority to regulate paid tax preparers, a federal appeals panel said, upholding a lower-court ruling throwing out licensing rules for as many as 700,000 practitioners.
Tagged with: Internal Revenue Service
Read More »K-V Pharmaceutical suit over Makena revived
K-V Pharmaceutical Co.’s lawsuit claiming U.S. regulators allowed “unlawful competition” to its Makena drug was revived as a federal appeals court ordered a lower-court judge to reconsider a ruling against the company.
Tagged with: FDA KV Pharmaceutical Co.
Read More »Chiquita loses suit to stop SEC release of records
Chiquita Brands International Inc.’s bid to stop the U.S. Securities and Exchange Commission from releasing documents on payments to a Colombian terrorist group was dismissed by a federal judge.
Tagged with: U.S. Securities and Exchange Commission
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