Category: appeals
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Appeals Court Ruling Against $444M Claim on FTX Transfers
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The ongoing legal battle between collapsed cryptocurrency lending platform Celsius and bankrupt cryptocurrency exchange FTX appears to have now entered another phase. Celsius recently foot Notice of Appeal against Judge John T. Dorsey’s ruling, which “dismissed its $444 million claim” against FTX. According to reports, the dispute stems from the…
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TikTok appeals to US Supreme Court in last-ditch attempt to halt forced sell-off or ban
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TikTok has filed a final appeal with the US Supreme Court in a last-ditch effort to block the implementation of a new US law that could force the platform’s Chinese parent company, ByteDance, to sell the popular video app or face a nationwide ban. ByteDance and TikTok filed an emergency…
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US appeals court scraps Biden tipped wages rule By Reuters
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By Nate Raymond (Reuters) – A U.S. appeals court on Friday rejected a rule adopted by President Joe Biden’s administration aimed at increasing wages for tipped workers, citing a recent U.S. Supreme Court ruling that limited the ability of federal agencies to issue regulations. A three-judge panel of the New…
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Trump lawyers push New York appeals court to overturn $500m verdict
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Following our victories in other legal cases, Donald Trump On Monday, Trump pressed a New York appeals court to overturn a judgment in a nearly $500 million New York civil fraud case that threatens to drain his personal cash reserves as he continues his campaign to reclaim the White House.…
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Labour Appeals to Tata Steel to Postpone Port Talbot Closure Amid Strike Threat
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Labour politicians are calling on Tata Steel to refrain from making irreversible decisions before next week’s general election. The Indian company recently announced that it plans to accelerate the closure of blast furnaces at its Port Talbot plant due to an impending industrial strike. Tata Steel, Britain’s largest steelmaker, has…
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Appeals court does not block US mandate to cover cancer screenings, HIV drugs By Reuters
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Written by Brendan Pearson (Reuters) – A U.S. appeals court on Friday declined to block a federal order requiring health insurers to cover preventive care services such as cancer screenings and HIV prevention drugs at no additional cost to patients, but ruled against the government in a major legal case…
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Appeals court to hear challenges to potential US TikTok ban on Sept. 16 By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – A U.S. appeals court said on Monday it will hold oral arguments on Sept. 16 on legal challenges to a new law requiring China-based ByteDance to divest TikTok’s U.S. assets by Jan. 19 or face a ban. On May 14, a group of…
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Appeals court rules in favor of LKQ in patent dispute with GM (NASDAQ:LKQ)
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A federal appeals court overturned a previous court decision that ruled in favor of General Motors (New York Stock Exchange: General Motors(in its patent dispute with LKQ)Nasdaq:LKQ), and recommending that the case be returned to the US Patent Office For further review. The case arose when General Motors (GM) sued…
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Tornado Cash developer appeals verdict, KOLs slam Dutch system
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Tornado Cash developer Alexei Burtsev has reportedly appealed the conviction in the Netherlands, a case that has sparked a broader discourse about cryptocurrency privacy. Burtsev and his legal team, led by attorney Keith Cheng, have reportedly filed an appeal against the 64-month prison sentence for allegedly facilitating more than $2.2…
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Pinewood Beach Resort appeals to block KCB takeover
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The owner of Pinewood Beach Resort and Spa has moved to the Court of Appeal to prevent a reception manager appointed by KCB Bank from taking over the establishment in Kwale. In an application dated May 3, ITCO Investments Ltd, which runs the hotel, said there was a real risk…