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Legal news from Sunday, August 11, 2013
by Blake Lynch

Harbinger Capital filed $1.9 billion dollar lawsuit Friday against Deere & Co and global positioning system (GPS) companies, including Garmin International and Trimble Navigation Ltd., claiming the defendants bankrupted the wireless company LightSquared. Harbinger claims in the suit that it never would have invested in Lightsquared had the GPS …

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by Blake Lynch

UN Secretary-General Ban Ki-moon on Friday issued a statement urging Egyptian political parties to avoid provocations and consider approaches that would foster an inclusive political process favoring reconciliation. Tension and political divisiveness in Egypt has continued following the military's ouster of former President Mohamed Morsi. The statement said: …

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by Blake Lynch

US President Barack Obama on Friday signed into law H.R. 1911, the Bipartisan Student Loan Certainty Act of 2013, lowering interest rates on student loans. The interest rates will drop to 3.86 percent for undergraduate students and 5.41 percent for graduate students. However, the bill ties the interest rates to fluctuations in the financial …

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by Blake Lynch

Human Rights Watch (HRW) stated on Sunday that the Islamic State of Iraq, a suspected al Qaeda branch, had committed crimes against humanity during the July 29 bombings in Iraq. The Islamic State of Iraq claimed responsibility for a series of car bombs implemented to aid a prison raid. The July …

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