The city-parish of East Baton Rouge says that software developer BidX should assume responsibility for an erroneous contract award that resulted from a glitch in the company's electronic project bidding software. The error resulted in the award of a project for the...
Month: October 2012
Shareholders file suit over proposed cell company merger
Baton Rouge stock watchers may be interested to learn that shareholders of cellular service provider MetroPCS have filed suit to block its acquisition by its larger competitor T-Mobile USA. Even though the dust has barely settled on the announcement of the proposed...
Litigation over medical non-compete agreements raises concerns
Finding a good doctor can be both a challenge and a blessing, as Baton Rouge residents may know. A rising trend of litigation between medical professionals has some wondering whether certain common contract provisions should be upheld as valid instruments of...
Louisiana pension funds succeed in merger lawsuit
Two Louisiana employee pension funds appear to have gotten their way in a shareholder derivative lawsuit related to the proposed sale of Medicaid insurer Amerigroup Corporation to managed care giant Wellpoint. Goldman Sachs negotiated the terms of the sale. The City...