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Dick Detwiler, a spokesman for PepsiCo in Purchase, N.Y., said, "We're pleased that the settlement achieved our goal of protecting our trade secrets".
With one major settlement achieved, BP will probably redouble its efforts to reach a deal with the federal government over fines related to the spill.
Although the other claimant groups settled with RBS, Signature successfully pursued the claims and achieved a settlement that doubled any settlement achieved by the other claimant groups.
Even lawyers for the Caribbean countries hint that a negotiated settlement, achieved through public and diplomatic pressure, may be their best hope.
An end to the political standoff that has divided this Indian Ocean island since the disputed December presidential election no longer seems within easy reach, despite what appeared to be a settlement achieved last month.
Such a step would also erode the historic settlement achieved in Ireland in 1998, reflected in the Good Friday agreement and underpinned by a clear commitment by the British government to incorporate the European convention on human rights in Northern Ireland, with direct access to the court and remedies for breach.
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Mark Schonfeld, an SEC director, said: "This settlement achieves everything we sought to accomplish in pursuing this case.
"This settlement achieves our major goals of protecting our members' job security and the health care benefits of both active and retired employees," said Morton Bahr, president of Verizon's largest union, the Communications Workers of America.
The major parties involved — including the Little Rock, North Little Rock, and Pulaski County school districts, the state, and a group representing black students and parents in the districts — had already agreed on the terms of the settlement, achieving a consensus that had been elusive since the lawsuit was first filed in 1982.
It said Bear , Stearnshad updated and increased its valuations in response to an improvement in E-II's operations, "certain favorable settlements achieved over the last few weeks," and "a general improvement in valuation parameters". It did not elaborate.
But Herbert L. Haber, director of the city's labor relations, said bluntly that the cost could run into the bil lions, particularly in view of the pattern‐setting implications of any settlements achieved by the uniformed services.
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