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Valparaiso Univ. Law School

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Monday, October 1, 2007

In the News: October 1, 2007

Aa The widow of a firefighter killed while working for the U.S. government will try to take her claim to the U.S. Supreme Court, after an appellate court ruled that her husband was a contract worker not entitled to regular government benefits.

United Parcel Service and the Teamsters Union have reached a deal that will allow the company to exit the Teamster’s multiemployer bargaining unit and get greater control over its pension costs.

Seattle SuperSonics season-ticket holders say they’ll sue the team for breach of contract, claiming they wouldn’t have bought the tickets if they’d known the team would leave at the end of the year.

Netherlands’ Boskalis Westminster and Korea’s Hyundai have signed a € 1.1 billion letter of intent to for work on a new offshore harbor in Abu Dhabi.

A private investigator is suing Joe (GoodFellas), Home Alone) Pesci for $103,000 in bills the investigator says he’s owed for helping provide security for the actor after his ex-wife allegedly hired a hit man.

The government of Alberta is thinking about unilaterally increasing the amount of royalties it collects under its existing leases with oil producers.

If you bought gold back in inflation-racked 1980, you didn’t get much protection -- the price of the yellow stuff today hit $746.50, the same price you paid for it 28 years ago.  That $746 in 1980 is worth only $305 today.

[Frank Snyder]

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