Law

Canwest Global Wins Extension of Ontario Bankruptcy Court Protection Canwest Global Communications Corp. won an extension of its bankruptcy protection in Canada to June 15 to give it time to work out the sale of its television unit.

U.K. Accounting Negligence Suits Reached 5-Year High Last Year, Study Says U.K. lawsuits over accounting negligence seeking at least 1 million pounds last year totaled more than all such cases during the previous five years combined, according to law firm Reynolds Porter Chamberlain LLP.

Rio Tinto's Stern Hu Sentenced to 10 Years in Prison, Shanghai Court Says Rio Tinto Group will hold a “far- reaching” investigation into its operations after a Chinese court sentenced four employees to as long as 14 years in prison for taking bribes and infringing commercial secrets.

Robert Moffat Pleads Guilty in Galleon Group Insider Trading Prosecution Robert Moffat, a former senior vice president at International Business Machines Corp., admitted he leaked inside information to Danielle Chiesi, a consultant for New Castle Funds LLC.

Dodgers Owner McCourt's Wife Seeks $1 Million Monthly Support in Divorce Jamie McCourt, the estranged wife of Los Angeles Dodgers owner Frank McCourt, asked a judge today to grant her almost $1 million a month in temporary support payments.

Samsung, Panel Makers Must Face Class-Action Antitrust Suit, Judge Rules Samsung Electronics Co., Sharp Corp. and other makers of liquid-crystal display panels must face group claims by purchasers of televisions, computer monitors and laptops after a federal judge certified their case as a class-action antitrust lawsuit.

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