High Court rules for bond holders

WASHINGTON -- In other business Monday, the Supreme Court:

• In a 7-1 ruling, allowed holders of defaulted Argentine bonds to use U.S. courts to try to discover where Argentina owns property around the world, as part of their effort to enforce court judgments.

• Separately rejected Argentina's appeal of lower court rulings ordering it to pay $1.3 billion to the bond holders.

• Agreed to weigh the free speech rights of people who use violent or threatening language on Facebook and other electronic media where the speaker's intent is not always clear.

• Said it would decide a dispute over whether former mortgage brokers can qualify for overtime pay from Quicken Loans.

• Declined to revive a defamation lawsuit that former Chicago Bulls star Scottie Pippen filed against several media companies for falsely reporting he had filed for bankruptcy.

• Rejected an appeal from one-time billionaire hedge fund founder Raj Rajaratnam, who is serving an 11-year prison term for insider trading.

A Section on 06/17/2014

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