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138 entries in 'Press Release'
2024/10/25   Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
2024/05/25   Trial turns testy as Trump lawyers try to pique fixer-turned-witness
2023/06/12   Austrian court restarts US extradition proceedings for Ukrainian
2023/04/18   Bando Apartments in Los Angeles, California
2023/04/12   EMBRACE REFINED LIVING IN KTOWN
2023/02/14   Woman accused in dismemberment slaying attacks her attorney
2023/01/15   Koreatown Directory, Interesting News, Memes, and Articles
2022/10/17   Court rejects appeal to give American Samoans citizenship
2020/12/29   Hong Kongers charged in China plead guilty, relatives told
2020/06/04   Pandemic means a silent June at the Supreme Court
2019/12/08   Trump Has Successfully Gamed the Courts
2019/05/19   San Francisco police chief: Journalist ‘crossed the line’
2019/01/08   Nissan's Ghosn tells Tokyo court he is innocent
2018/10/28   Condemned inmate's last meal includes pancakes
2018/09/29   UN court asked to probe Venezuela; leader defiant in speech
2018/08/24   In Veterans Court, former service members fight new battle
2018/08/01   With scant record, Supreme Court nominee elusive on abortion
2018/07/21   New Jersey court proposes tossing out old open-warrant cases
2018/03/31   Lohan fails to convince court her image is in video game
2016/11/16   French court restores far-right candidate's ties to father
2016/06/06   British court gives 22 life sentences to pedophile
2016/05/31   US appeals court revisits Texas voter ID law
2016/05/28   Court upholds $3M judgment against Gerber Products Co.
2016/05/01   Stoddard firefighter charged with arson due in court
2016/03/20   Supreme Court rejects states' challenge to Colorado pot law
2016/02/20   Chief justice remembers Scalia's 'irrepressible spirit'
2015/09/09   Appeals court refuses to halt power plant rules
2015/03/12   Court scraps Dutch data retention law, cites privacy concern
2015/02/04   Anxiety over Supreme Court's latest dive into health care
2014/12/02   Ginsburg back at home, expected at court next week
2014/06/03   Court gives OJ lawyers a week to resubmit appeal
2014/05/13   European court: Google must yield on personal info
2014/05/02   Lawsuit seeks access to more secret court opinions
2014/04/21   Man to plead guilty in Disney insider info case
2014/04/15   Lawyer: Evaluate stabbing suspect's mental health
2014/04/08   Court rejects early appeal of surveillance ruling
2014/03/17   Court ruling could delay California water project
2014/03/07   Fla. high court: Immigrant can't get law license
2014/02/24   Moscow court sends 7 to prison for protest rally
2014/02/20   Supreme Court affirms pipeline value decision
2014/02/06   Judge finds Citgo guilty of Clean Air Act felonies
2014/02/03   Not guilty plea in Oakland attack on 'agender' boy
2014/01/30   Viacom, Fox want to run anti-smoking ads too
2014/01/16   Maryland appeals income tax case to Supreme Court
2014/01/13   Court upholds approval of BP oil spill settlement
2014/01/02   Utah asks Supreme Court to block gay marriage
2013/12/20   Calif. high court mulling release of law test data
2013/12/16   Tenn. senator's fired chief of staff back in court
2013/12/12   Court looks at EPA rule on cross-state pollution
2013/12/05   LA airport shooting suspect appears in court
2013/12/02   Nevada Supreme Court upholds ethics laws
2013/11/25   Czech fugitive appears in South African court
2013/11/22   International court summit debates Africa issues
2013/11/22   Ind. court to hear appeal in IBM welfare lawsuit
2013/11/11   High court reverses pot conviction over evidence
2013/11/08   Calif. analyst pleads guilty in NY insider case
2013/11/04   Planned Parenthood Asks Supreme Court's Help In Texas
2013/10/23   Medical marijuana case headed to ND Supreme Court
2013/10/14   Justice's wheels slowed as shutdown hits courts
2013/10/11   Soldiers in fatal stabbing due in Washington court
2013/10/07   PG&E starts pipeline shutdown under court order
2013/03/05   Stephen Baldwin to avoid jail in tax ca
2012/02/24   The Rosen Law Firm Announces Class Action
2012/02/21   Law Firm Brower Piven Announces Investigation
2012/02/20   Indianapolis Construction Law Firm - Riley Bennett & Egloff, LLP
2012/02/20   Kessler Topaz Meltzer & Check, LLP Announces a Proposed Class Action Settlement
2012/02/20   Eugene Criminal Defense - MJM Law Office, P.C.
2012/02/09   Glancy Binkow & Goldberg LLP Announces Class Action
2012/02/06   Izard Nobel LLP Announces Class Action
2012/01/31   Bernstein Liebhard LLP Announces Class Action
2012/01/17   Levi & Korsinsky, LLP Launches an Investigation
2012/01/16   Ryan & Maniskas, LLP Announces Class Action Lawsuit
2012/01/16   Michigan Law Firm Adds Top Rated Malpractice Attorney
2011/12/29   Rigrodsky & Long, P.A. Files Securities Fraud Class Action
2011/12/25   Pomerantz Law Firm Has Filed a Class Action
2011/12/05   CARRIER iQ, Inc. Sued in Class Action
2011/11/16   Izard Nobel LLP Announces Class Action Lawsuit
2011/11/14   Scott+Scott LLP Announces Securities Class Action Lawsuit
2011/11/12   SearchMedia Announces Settlement on Securities Class Action
2011/11/08   Saxena White P.A. Files a Securities Fraud Class Action
2011/11/07   Izard Nobel LLP Announces Class Action Lawsuit
2011/11/07   The Rosen Law Firm Reminds Investors
2011/10/26   Dyer & Berens LLP Files Class Action Lawsuit
2011/10/17   Lieff, Cabraser, Heimann & Bernstein, LLP Announces Class Action
2011/10/14   Robbins Geller Rudman & Dowd LLP Files Class Action
2011/08/05   Parker Waichman Alonso LLP Files Class Action Lawsuits
2011/07/15   Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Ebix, Inc.
2011/06/23   Chambers USA Guide Ranks 9 Greenberg Traurig Attorneys
2011/05/18   The Rosen Law Firm Announces Securities Class Action
2011/05/09   Thompson Hine Again Ranked in Top 100 for Diversity, Women
2011/05/01   Insurer settles suit with former USU frat members
2011/03/11   How the Mobile Web Works - Law Firm Mobile
2010/12/15   Menzer & Hill, P.A., Files an Arbitration Claim Against UBS Financial Services, Inc.
2010/12/03   Local law firm welcomes two new additions
2010/10/04   Armstrong Teasdale LLP New Associate Announcement
2010/09/22   American Bar Association Honors Philadelphia Firms
2010/09/16   Rigrodsky & Long, P.A. Announces Class Action Lawsuit
2010/09/08   Menzer & Hill, P.A. Announces Investigation
2010/08/23   Armstrong Teasdale Adds Three New Associates
2010/08/17   Law Firm Websites - Radio’s Deadly Stunts
2010/08/06   David Boies Urges ABA Members
2010/08/03   ABA TO HOST CYBER SECURITY DISCUSSION
2010/07/29   Ryan & Maniskas, LLP Announces Investigation
2010/07/29   Robbins Umeda LLP Announces Investigation of XenoPort, Inc.
2010/07/27   Goldfarb Branham LLP Investigating AmeriCredit
2010/07/27   Bull & Lifshitz, LLP Announces Investigation
2010/07/10   Immigration to rich countries fell during crisis
2010/06/28   Gibson’s Lawyer Slams Grigorieva’s Claims
2010/06/28   American Bar Association Finds Kagan “Well-Qualified”
2010/06/21   Nationwide Immigration Law Service
2010/06/15   PHOENIX SCHOOL OF LAW COMPLETE ABA ACCREDITATION
2010/06/09   JON ATZEN JOINS SHEPPARD MULLIN LOS ANGELES
2010/03/01   Curtis law firm moves D.C. office
2010/02/12   Jeffersonville law firm grows with new partner, more space
2010/01/19   GLA ALA 2010 ANNUAL EMPLOYMENT LAW FORUM
2009/05/21   Manhattan Law Firm Relocates HQ After 50 Years
2009/02/03   Wolf Haldenstein Files Class Action Suit
2008/08/24   IRS updates and expands EPCRS procedures
2008/04/24   Attorney Sues 'Washingtonienne' Author
2008/04/18   Judge blocks Philadelphia from enforcing new gun laws
2008/04/03   Field Fisher Waterhouse £550,000 injury comp
2008/03/10   Girard Gibbs Investigates Possible Violation of Diebold, Inc.
2008/03/07   Nixon Peabody taps ex-Choate partner
2008/03/07   Glancy Binkow & Goldberg LLP Announcement
2008/03/07   Law Firm Sponsors Contest To Combat Underage Drinking
2008/03/05   Johnson Bottini, LLP Announces Update on Brocade Options
2008/03/05   Johnson & Perkinson Announces Class Action
2008/03/05   Enron class-action firm bills for 247,000 hours
2008/03/04   Schmidt & Clark, LLP Announces Trasylol Website
2008/03/03   Helms Mulliss & Wicker merging into Virginia law firm
2008/03/02   Fulbright & Jaworski L.L.P. Announces 11 New Partners
2008/03/01   FSUPD, local law firm host Bike-A-Thon
2008/03/01   Williamsburg estate law firm is renamed
2008/03/01   ANNOUNCEMENT - Bennett Jones LLP
2008/02/22   Hogan law firm eyes new Legg tower
2008/02/22   Two Birmingham law firms agree to merger
2008/01/08   The Partnership of Federal & Hasson, LLP
2007/09/18   Henry & Horne, LLP Celebrates 50 Years


Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
Press Release | 2024/10/25 08:47
Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.'s profits this year, causing the company to lower its full-year earnings guidance.

That pushed the company’s stock price down 6% in trading after Monday’s closing bell.

The Dearborn, Michigan, automaker, which reported third-quarter earnings Monday, said its net profit tumbled nearly 26% as it took $1 billion in accounting charges to write down assets for a canceled three-row electric SUV.

Ford said it made $892 million from July through September, compared with $1.2 billion it made a year earlier.

But excluding the one-time items, the company made an adjusted pretax profit of $2.6 billion, or 49 cents per share. That beat analyst estimates of 46 cents, according to FactSet.

Revenue rose 5.5% to $46.2 billion, also beating Wall Street predictions. Ford reduced its full-year pretax income guidance to $10 billion, at the low end of the $10 billion to $12 billion it expected at the end of the second quarter, spooking investors.

“Cost, especially warranty, has held back our earnings power, but as we bend that curve, there is significant financial upside for investors,” CEO Jim Farley told analysts on a conference call.

Chief Financial Officer John Lawler said warranty costs were slightly below the third quarter of last year, but still high. The company wouldn’t give numbers until it files its quarterly report with securities regulators on Tuesday but said costs will be higher than a year ago.

Ford reported $800 million of increased warranty costs for the second quarter of this year.

Farley has been trying to get a handle on warranty costs for the past four years. In October of 2020, he said the company was working to cut quality-related repairs after glitch-prone small-car transmissions hit the automaker’s bottom line.

Ford has said that it has a $7 billion cost gap with competitors, and Lawler said Monday it has made progress on that figure. The problem is competitors, which he did not identify, are cutting costs too. “We’ve taken cost out, but we’re not doing it at a pace faster than our competition,” he told analysts.

Ford has removed $2 billion in material, freight and labor costs this year, but that was offset by warranties and inflation at its Turkish joint venture, he said.

He said Ford is focused on reducing warranty and other costs, which will show up in later quarters.

The company’s plans are working, as evidenced by 10 straight quarters of revenue growth, Lawler said.

Farley said Ford has restructured its operations in Europe, South America, India and China, which collectively lost $2.2 billion in 2018 but together are profitable now. For instance, China, including exports, has contributed over $600 million to pretax earnings this year, Farley said.


Trial turns testy as Trump lawyers try to pique fixer-turned-witness
Press Release | 2024/05/25 15:18
After approximately five weeks, 19 witnesses, reams of documents and a dash of salacious testimony, the prosecution against Donald Trump rested its case Monday, handing over to the defense before closing arguments expected next week.

Trump’s team immediately sought to undermine key testimony against the former president, who is accused of covering up hush money paid to a porn star over an alleged encounter that could have derailed his successful 2016 White House bid.

His attorneys called lawyer Robert Costello — who once advised star prosecution witness Michael Cohen before falling out with him — in an apparent attempt to puncture Cohen’s credibility.

But Costello’s start on the stand was shaky at best, as his dismissive tone provoked an angry response from Judge Juan Merchan.

Merchan chided Costello for remarking “jeez” when he was cut off by a sustained objection and, at another point, “strike it.” Merchan told him: “I’m the only one that can strike testimony in the courtroom. Do you understand that?”

"And then if you don’t like my ruling, you don’t give me side eye and you don’t roll your eyes.”

Merchan was about to bring the jury back in when he asked Costello, “Are you staring me down right now?” and then kicked out the press to further admonish him.

"I’m putting you on notice that your conduct is contemptuous,” Merchan said, according to the transcript of the conversation that occurred when the press was out of the room. ”If you try to stare me down one more time, I will remove you from the stand.”

Costello didn’t return a message seeking comment Monday night.

Trump, speaking to reporters afterward, called the episode “an incredible display,” branding the proceedings “a show trial” and the judge “a tyrant.”

Extended quibbling among the two legal teams, along with the upcoming holiday weekend, means closing arguments that the judge had hoped could start Tuesday are now anticipated for next week.

It’s unlikely and risky, but the door remains open for Trump to take the stand in the criminal trial, the first ever of a former US president.

Experts doubt he will, as it would expose him to unnecessary legal jeopardy and forensic cross-examination by prosecutors — but his lawyer Todd Blanche has raised the prospect.

On Monday, Blanche finished his third day of questioning Cohen after hours of at times digressive, at other times bruising, exchanges.


Austrian court restarts US extradition proceedings for Ukrainian
Press Release | 2023/06/12 10:23
An Austrian court said Friday that it has ruled in favor of Ukrainian businessman Dymitro Firtash in a years-long legal saga over a U.S. bid to have him extradited to face corruption charges, sending the extradition case back to square one.

Firtash faces a U.S. indictment accusing him of a conspiracy to pay bribes in India to mine titanium, which is used in jet engines. He denies any wrongdoing.

He was arrested in Austria in 2014 and then freed on 125 million euros ($136 million) bail, kicking off a still-unresolved legal saga. A Vienna court initially ruled against extradition on the grounds that the indictment was politically motivated.

A higher court in February 2017 rejected that reasoning as “insufficiently substantiated” and ruled that Firtash could be extradited. Austria’s Supreme Court of Justice upheld that ruling in 2019.

The country’s justice minister at the time approved the extradition, but a Vienna court judge ruled it could only take place after a decision on a defense call to reopen the case. Firtash backed that June 2019 motion with “numerous documents, including written witness statements,” Vienna’s upper state court said.

In March 2022, a Vienna court ruled against reopening the case. But the upper state court said Friday that it has now ruled in favor of Firtash and decided to allow reopening extradition proceedings, overturning the 2017 ruling. It pointed to new evidence.

Judges in Vienna will now have to consider anew whether Firtash can be sent to the United States.

In June 2019, a Chicago federal judge rejected a motion to dismiss the indictment against Firtash, who has argued that the U.S. has no jurisdiction over crimes in India. However, the judge ruled that it does, because any scheme would have impacted a Chicago-based company.

American aviation company Boeing, based in Chicago, has said it considered business with Firtash but never followed through. It is not accused of any wrongdoing.


Bando Apartments in Los Angeles, California
Press Release | 2023/04/18 10:23
The BORA 3170 has a variety of floorplans ranging from luxury studios to two bedrooms. Each apartment offers a tranquil setting ready to be furnished in your individual style. Your home at The BORA 3170 is your sanctuary and the beautifully designed common areas are your retreat.

A Koreatown property once slated for redeveloped with senior housing will instead be folded into a new mixed-use apartment complex, per an application submitted earlier this month to the Los Angeles Department of City Planning.

Led by Chairman Kwon Hong-sa, the Korean developer began considering the project two years ago and bought the land in LA in July 2019, the company said. Construction is expected to be complete in May 2022.

“The Bora 3170 will become a landmark in Korea Town in LA, and a new success model for overseas construction projects, after the Ubora Towers in Dubai,” a Bando E&C representative said.

The building will serve both commercial and residential purposes, and will be able to accommodate 252 households in 115 studio apartments, 131 one-room apartments and six two-room apartments, the company said.

TOP LUXURY FEATURES ONLY at The BORA 3170

- Fitness Center
- Pool & Spa
- Roof Top BBQ Grill
- Indoor Screen Golf
- Lounges/Club Room with TV Lounge
- Gated Safe Parking
- Package Tracking System
- Outdoor Living Deck
- TESLA EV Charger & Universal EV Charger


EMBRACE REFINED LIVING IN KTOWN
Press Release | 2023/04/12 22:09
Introducing brand-new studio, one, and two bedroom apartments in THE BORA 3170. Our apartments come in varied layouts outfitted with contemporary features and tailored to accommodate your tastes.

Our goal is to ensure that every one of our residents feel as though they are living at the highest quality and their needs are being catered to.

You can request a tour online or visit us in person so we can show you all we have to offer!

LUXURY APARTMENT IN KOREATOWN

The BORA 3170 is located in Los Angeles, California in the 90006 zip code. This apartment community was built in 2023 and has 8 stories with 252 units.


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