Law

Wal-Mart Wins Canada Supreme Court Ruling on Union Suit Over Store Closing Wal-Mart Stores Inc., the world’s biggest retailer, won an appeal to Canada’s highest court, letting it reject a lawsuit over its 2005 closing of a Quebec store after employees unionized.

Greenhouse-Gas Pledges by China, U.S. May Drive Climate Deal in Copenhagen Pledges by China and the U.S. to set numerical targets for their greenhouse-gas emissions through 2020 may reignite stalled progress for a global climate agreement at negotiations next month in Copenhagen.

Strong Yen May Cause More Japanese Bankruptcies, Tokyo Shoko Research Says Japanese corporate bankruptcies may start rising around February should the currency hold near a 14- year high against the dollar, according to Nobuo Tomoda, an official at Tokyo Shoko Research Ltd.

Feinberg's Stumping Helps Obama White House Skirt Public Outcry Over Pay Kenneth Feinberg’s decision to slash executive pay at taxpayer-rescued companies was “sheer stupidity,” says Home Depot Inc. co-founder Kenneth Langone. Not so, says compensation analyst Paul Hodgson: If anything, Feinberg is a “pay kitten” soft on Wall Street.

Madoff Trustee Is Overreaching in 25-Year Clawback Attempt, Picower Says The wife of Jeffry Picower, the longtime Bernard Madoff investor who drowned in his pool last month, told a judge that the trustee for Madoff’s firm is “overreaching” in his $7.2 billion lawsuit against the couple.

Khmer Rouge's Duch Asks Court in Cambodia to Acquit, Release Him, AFP Says Khmer Rouge prison chief Duch asked a court to acquit and release him as his nine-month trial comes to an end in Cambodia, Agence France-Presse reported.

Bloomberg Law