A federal appeals court said billionaire Ira Rennert must pay a $213.2 million judgment after a jury found him liable for looting his now-defunct magnesium company to build one of the country's most ...

Billionaire Ira Rennert and his investment firm were ordered on Friday to pay more than $118 million after being found liable for looting a magnesium company to build one of the most expensive ...

In a rare victory, about 1,350 retirees will be paid in full for pensions that were cut when the Renco subsidiary they worked for went bankrupt in 2012. By Mary Williams Walsh President Obama, the ...

With millions from his sale of the company that makes Hummer vehicles at stake and his mammoth Hamptons estate perhaps in jeopardy, billionaire Ira Rennert decided to cut a deal. Subscribe to read ...

Ronald Perelman has notched a legal victory against fellow billionaire Ira Rennert, who has been ordered by a Delaware court to direct his business to turn over $48.7 million in a dispute over a ...

The Hamptons have become a mecca for pricey properties over the years, serving as a perfect beachy retreat for wealthy New Yorkers who want to enjoy a break from city living—and seek refuge in the ...

ST. LOUIS--(BUSINESS WIRE)--In a key ruling in the long-running case involving the alleged poisoning of hundreds of Peruvian children, the U.S. District Court for the Eastern District of Missouri has ...

A Manhattan federal judge Thursday upheld $117 million of a $118 million February jury verdict against billionaire Ira Rennert for looting a magnesium company he controlled to allegedly help finance ...