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Business News > Mint Authors > Phil Milford

Phil Milford

Mint Author

ARTICLES BY PHIL MILFORD

A file photo of the DuPont headquarters in Delaware. The jobs cuts are “deeply disappointing, especially to the thousands of Delawareans who helped this company grow and succeed for generations,” governor Jack Markell said in a statement. Photo: AFP

DuPont to cut 1,700 Delaware-based jobs ahead of Dow merger

2 min read . 30 Dec 2015

Ian Spandow, who was a senior regional manager in database sales, alleges that he was fired for complaining after being told to offer less pay to an employee from India than others in identical jobs. Photo: AFP

Oracle defeats fired manager’s claim of anti-Indian bias

1 min read . 20 Aug 2015

A file photo of Subrata Roy. Photo: Bloomberg

Plaza sale for Subrata Roy bail blocked by JTS Trading

2 min read . 24 Jun 2015

Lupin is making ‘substantial preparation in the US’ to sell the copies, which indicates ‘a refusal to change the course of their actions,’ according to the complaint. Photo: Ramesh Pathania/Mint

GlaxoSmithKline, Apotex sue Lupin over generic Paxil drug

1 min read . 05 May 2015

Mylan Pharmaceuticals filed a suit in April, challenging FDA rulings on eligibility to market generics. Photo: Bloomberg

FDA ruling blocking celebrex generics reversed in Mylan win

1 min read . 17 Dec 2014

Labour strife in the US and opposition to the purchase by Cooper’s Chinese joint-venture partner caused the Findlay, Ohio- based tire company to run afoul of the sale contract and left it unable to close the deal, Apollo lawyers argued in July. Photo: Ramesh Pathania/Mint

Cooper Tire loses $112 million Apollo deal breakup fee bid

1 min read . 31 Oct 2014

Cooper has complied with all applicable laws and regulations, Anne Roman, a spokeswoman for the Findlay, the company said in an e-mailed statement. Photo: Bloomberg

Cooper Tire sued by investors over stock losses after Apollo bid fails

1 min read . 22 Jan 2014

At most, Cooper could seek money damages, which does not require an expedited appeal, Apollo contends in a filing. Photio: Mint

Apollo Tyres says quick Cooper appeal ruling isn’t needed

1 min read . 15 Nov 2013

A judge ruled on 8 November that all the contract conditions hadn’t been met, and that Cooper wasn’t yet entitled to force Apollo to complete the $2.5 billion buyout. Photo: Bloomberg

Cooper asks court to rule on Apollo Tyres buyout by 31 Dec

2 min read . 13 Nov 2013

Cooper’s options include agreeing to a lower price that would accommodate Apollo. Options for Apollo include paying a $112.5 million ‘‘reverse breakup fee to walk away, according to Cooper’s complaint. Photo: Bloomberg

Cooper not yet entitled to $35 per share from Apollo: court

2 min read . 11 Nov 2013

Cooper officials testified earlier in the case that they alerted Apollo executives that their Chinese partners might object to the buyout. Photo: Bloomberg

Cooper trial over $2.5 billion Apollo bid reveals side deal

1 min read . 08 Nov 2013

Cooper officials contend Apollo executives, including vice chairman Neeraj Kanwar, suffered buyer’s remorse after agreeing to acquire Cooper and are using the labour problems as a pretext to torpedo the deal. Photo: Bloomberg

Cooper Tire blames delay in $2.5 billion buyout on Apollo Tyres

3 min read . 07 Nov 2013

Cooper said last week that it reached a deal with the United Steelworkers, thus eliminating Apollo’s claims of an adverse change. Photo: Bloomberg

Apollo’s proposal to reduce bid price ‘offends’ Cooper CEO

3 min read . 06 Nov 2013

The court must decide whether to grant Cooper’s request and force Apollo to consent to a new labour agreement reached last week. Photo: Priyanka Parashar/Mint

Cooper trial over $2.5 billion Apollo Tyres deal set for today

3 min read . 05 Nov 2013

Apollo based its dismissal request on Cooper’s contention that it has no control over its Chinese joint venture partner Chengshan Group and cannot get its books and records. Photo: Ramesh Pathania/Mint

Apollo Tyres loses court bid for Cooper Tire case dismissal

1 min read . 22 Oct 2013

In its complaint, Cooper contends Apollo agreed to use its reasonable best efforts to complete the transaction or pay a $112.5 million reverse breakup fee to walk away, but now Apollo has breached its obligations in the buyout contract. Photo: Mint (Mint)

Cooper Tire granted fast-track handling in Apollo Tyres case

2 min read . 10 Oct 2013

Acura will be substantially and irreparably harmed by Ranbaxy’s infringing activities unless stopped by a judge, according to the complaint. Photo: Pradeep Gaur/Mint (Pradeep Gaur/Mint)

Ranbaxy sued by Acura Pharmaceuticals over generic pain drug

1 min read . 30 Apr 2013