Business

In a filing made yesterday on behalf of New England Compounding Pharmacy Inc's court-appointed trustee, the drug supplier is seeking to gain approval of a $100 million agreement to settle claims stemming from a meningitis outbreak the company had caused, Bloomberg reported.

According to a statement from the office of Michigan Attorney General Bill Schuette, Encana Corp has agreed to pay $5 million and submit a no contest plea to the charge that it conspired with Chesapeake Energy Corp to drive down prices in a May 2010 oil and gas auction.

A patent litigation expert said that it was not usual for a jury foreman, who is a veteran in the Silicon Valley, to lead the jury in the Samsung-Apple patent infringement case to deliver a "mixed bag" verdict, Bloomberg reported.