Every small-businessman or woman is aware of a painful truth: You have to spend money to make money. Funds that have already been spent, whether for labor, equipment, supplies or any other aspect of ...

Blaming in part the use of block billing, a federal judge said Monday that Nike Inc. can recover less than a third of its requested restitution in Michael Avenatti's extortion case. U.S. District ...

Unrecoverable expenses, sometimes referred to as sunk costs, are monies spent on a commodity or service that cannot be refunded or resold. Because the fear of losing money due to unrecoverable ...

Nike's lawyers at Boies Schiller have said they don't want any restitution paid in the case until Avenatti pays individual victims in his other criminal cases. U.S. District Judge Paul Gardephe of the ...