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Judge rejects 'totally implausible' kickbacks accusation leveled by state vs mortgage reinsurer, lenders
Calling the allegations “totally implausible,” a Chicago federal judge has tossed a lawsuit brought by the state of Illinois against Bank of America and a mortgage insurance company, which had accused the lender and insurer of working in a scheme to maximize their own profits by dumping high default risk onto another mortgage insurer, leaving borrowers unaware their mortgage insurance premiums were higher than they should be. -
Zimmer OK to subpoena records to discover how consulting group may be aiding knee implant plaintiffs
A federal judge has allowed knee implant maker Zimmer, which is the target of hundreds of lawsuits alleging defective implants, to subpoena records to see if a doctor changed his opinion to help several plaintiffs skirt designation as bellwether trials. -
Second Zimmer bellwether tossed over expert inconsistencies; judge says other cases may not suffer
A Chicago federal judge has knocked down a lawsuit – set aside to test the waters for dozens of other similar actions – against knee implant maker Zimmer Inc., but suggested remaining plaintiffs should not lose heart, because their suits will not likely bear the same deficiencies as the doomed suit. -
Hotwire, Hotels.com, other online travel sites to pay Lombard $459K to settle hotel taxes lawsuit
The village of Lombard will reap a $459,000 payday from the operators of six of the biggest online travel websites – the only Illinois municipality allowed to do so - after a federal judge signed off on a deal to end a years-long court fight over claims the travel sites had stiffed Lombard and other suburban Chicago communities of hotel taxes. -
Suburbs add to growing list of towns saying Expedia, other travel sites owe underpaid hotel taxes
Online travel agents are facing legal action from local government agencies across the country, claiming they are being shorted perhaps hundreds of millions of dollars of hotel taxes by the travel sites.