Category: Court
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Samourai Developers Appear Together In Court For First Time At Status Conference
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Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a conference call. This was the first time the two had appeared together in public since the US Department of Justice issued a joint statement. The developers accused…
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Court rules against Coca-Cola Israel in huge tax dispute
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The Central Bottling Company (Coca-Cola Israel), which exclusively markets Coca-Cola products in Israel, has been dealt a severe blow and will be forced to pay hundreds of millions of shekels to the Israeli Tax Authority. The Tel Aviv District Court rejected the company’s appeals against the tax assessment issued by…
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Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
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Yellow shares fell 90% Friday afternoon following a Delaware court ruling on its pension obligations. (Photo: Jim Allen/FreightWaves) A Delaware bankruptcy court offered some clarity late Friday on the $6.5 billion in liability claims against Yellow Corp., but the total amount the incomplete bankrupt company will pay remains undetermined. The…
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Court penalizes taxi driver who cheated tourists
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Yesterday, the Central Traffic Court sentenced taxi driver Eyal Siman Tov, who was convicted of charging exorbitant fares to passengers, including tourists. In one case exposed by Globes in February 2022, a Greek tourist paid NIS 700 for a ride from Ben Gurion Airport to Rehovot, a distance of about…
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Steward Health Care’s settlement deal with landlord MPT receives court approval
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U.S. hospital operator Steward Health Care has received court approval for a settlement with its owner, Medical Properties Trust (MPT), amid ongoing bankruptcy proceedings. U.S. Bankruptcy Judge Christopher Lopez approved the agreement, which allows Steward to move forward with the sale of the hospital operations. This comes on the heels…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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Gulf of Mexico oil drilling faces threat from court ruling on endangered species
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Pera1 U.S. regulators are seeking to rewrite guidelines on how to protect endangered species in the Gulf of Mexico before a December deadline, which could lead to Threat to oil and gas production In an area that supplies 2 million barrels of oil per day, or about 15% of U.S.…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Elon Musk Hints At Dogecoin’s Return as Tesla Merchandise Payment After Court Win
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richest man in the world Elon MuskHe hinted that Dogecoin (DOGE) It can be used as a payment method when purchasing Tesla merchandise. This follows: The last win In a class action lawsuit accusing him of manipulating the price of the world’s most popular coin. Musk Suggests Tesla May Soon…
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Elon Musk Hints At Dogecoin’s Return as Tesla Merchandise Payment After Court Win
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richest man in the world Elon MuskHe hinted that Dogecoin (DOGE) It can be used as a payment method when purchasing Tesla merchandise. This follows: The last win In a class action lawsuit accusing him of manipulating the price of the world’s most popular coin. Musk Suggests Tesla May Soon…
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Judge agrees to move wildfire settlement questions to Hawaii Supreme Court
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My Photographer Friend/iStock via Getty Images A Maui judge on Friday ruled to allow the Hawaii Supreme Court to rule on a matter holding up a $4 billion wildfire settlement that was first reached a little over a month ago. Judge Peter Cahill in Maui agreed. to ask the state…
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Brazil watchdog moves to block access to Elon Musk’s X after court order By Reuters
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Written by Lisandra Paraguaso, Luana Maria Benedetto and Ricardo Brito SAO PAULO/BRASILIA (Reuters) – Brazil’s telecommunications regulator said on Friday it will continue to suspend access to Elon Musk’s social media network X in the country in compliance with an order from a judge embroiled in a months-long dispute with…
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Moscow court orders arrest of Russian-Israeli businessman
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Moscow’s Meshchansky District Court on Tuesday issued an arrest warrant for Russian-Israeli Oleg Kiselev, who between 2008 and 2019 was vice president of Rusnano, a Russian state-owned nanotechnology company. Kiselev, who is not in Russia, faces charges of “embezzlement of particularly large sums of money,” which prompted Russia to issue…
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Court Deals Double Blow To Kraken: SEC Lawsuit Moves Forward
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In a major legal setback for one of the largest cryptocurrency exchanges, a California judge has ruled to revoke its license. to rule Cryptocurrency platform Kraken is set to face a lawsuit filed by the US Securities and Exchange Commission (SEC). Kraken faces uphill legal battle The SEC alleges that…
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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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Greenpeace files supreme court case accusing Finland of climate inaction
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A group of environmental and human rights organizations said Thursday they are suing the Finnish government for violating the country’s climate legislation by not taking enough action to meet climate targets. In a statement, the six organizations noted that in 2022, Finland adopted “one of the strongest net-zero climate targets…
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Court issues stay-of-proceedings for Landa’s diamond co
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The District Court today issued an order to halt the proceedings of Benny Lando’s lab-grown diamond product for 14 days. LucixJudge Irit Weinberg Notowitz has appointed attorney Shai Bar-Nir to submit a report on the company’s status within ten days. “It appears that there is a need to appoint an…
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Duty Free Americas petitions court on IAA tenders
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Duty Free Americas, which operates the largest duty-free chain in the United States, is trying to make a deeper push into the Israeli market. In May, the company, owned by the Falic family, which is close to Prime Minister Benjamin Netanyahu, submitted a bid to operate duty-free stores at the…
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Court blocks key part of California law on children’s online safety By Reuters
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By Jonathan Stempel (Reuters) – A U.S. appeals court on Friday upheld a key part of a court order blocking enforcement of a California law aimed at protecting children from online content that could harm them mentally or physically. The U.S. Court of Appeals for the Ninth Circuit in San…