Law

Huntsman Surges by Record After Judge Orders Hexion to Honor Merger Accord Huntsman Corp. surged the most in more than three years in New York trading after a judge ruled Hexion Specialty Chemicals Inc. must honor a $6.5 billion buyout agreement.

Allied Capital-Owned Ciena, Loan Servicer, Files For Bankruptcy Protection Ciena Capital LLC, the New York loan servicing firm that is 95 percent owned by Allied Capital Corp., filed for bankruptcy due to a ``deterioration in the value'' of assets due to declining financial markets and fewer loan buyers.

RealNetworks Seeks Federal Court Order Declaring RealDVD Software Legal RealNetworks Inc., owner of the Rhapsody online music service, filed court papers seeking a ruling that its RealDVD software, which allows consumers to copy DVDs to computer hard drives, is legal.

U.S. Judge Kozinski Accused of Ethics Breach by Lawyer Over Internet Porn Los Angeles lawyer Cyrus Sanai formally accused Alex Kozinski, chief judge of the federal appeals court in San Francisco, of making pornography available on a public Web site, the attorney's third misconduct complaint against the judge in three years.

Walgreen Fails to Block San Francisco Ban on Tobacco Sales at Drugstores Walgreen Co., the largest U.S. drugstore chain, lost its bid to prevent a San Francisco law banning tobacco sales in drugstores from taking effect tomorrow.

Vivendi Universal's Subpoena Quashed in University of Oregon Piracy Case Vivendi SA's Universal Music Group and other record labels imposed an ``undue burden'' on the University of Oregon in a request to identify 17 students accused of Internet music piracy, a federal judge ruled.

Bloomberg Law