Category: Court
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NRA & Cantero In The Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank
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Yesterday, the US Supreme Court issued two important cases that will likely have wide-ranging impacts on Bitcoin and cryptocurrencies. Decisions are National Rifle Association of America v. Volo (Natural Resources Authority) And Cantero, et al. Fifth. Bank of America, NA (stonecutter). in Natural Resources Authority, the Court addressed a crucial…
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Court orders KAA to pay contractor Sh433m in demolitions job lawsuit
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The High Court has ordered the Kenya Airports Authority (KAA) to pay part of Sh812 million to a contractor hired a decade ago to demolish buildings at the Jomo Kenyatta International Airport (JKIA). Judge Alfred Mabia ordered KAA to pay Machiri Ltd Sh300 million and another $1,022,022 (Sh133.2 million) held…
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Bitcoin Privacy On Trial: Samourai Developers’ First Court Hearing Recap
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Today, in the Southern District of New York, the first hearing was held at the US Department of Justice. Case against the developers of Samourai Wallet Keon Rodriguez and William Lonergan Hill. I attended the first session of #Samurai Wallet status earlier today on behalf of @Bitcoin Magazine He spoke…
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Court revokes recall of chief lands registrar appointment
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The Employment and Labor Relations Tribunal has annulled the appointment of Mr David Nyambasa Nyandoro as Chief Land Registrar. Instead, Justice Biram Onjaya directed Principal Secretary of the Ministry of Lands and Urban Planning, Mr Nixon Korir, to appoint Dr Peter Mburu Ng’ang’a to the position recommended by the Public…
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Orca and Wiz to meet in court
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Last July, the Israeli cybersecurity company Orca Security File a lawsuit against WizShe is also Israeli. Orca demanded that Wiz stop selling its products, which Orca claimed infringed its patents, and also demanded financial compensation for their use. Orca also alleged that along with copying its technology, Wiz copied its…
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Court rules DPP attempt to withdraw GDC case unsound
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A Nairobi court has ruled that the decision by the Director of Public Prosecutions (DPP) Renson Ingunga to withdraw graft charges against former officials of the Geothermal Development Corporation (GDC) was not in the public interest. While rejecting the application to withdraw the charges against Mr. Nicholas Karume Wike, Peter…
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Do Kwon’s Extradition Case Sent Back to High Court after Appeal: Report
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The decision to extradite Do Kwon to the United States or South Korea has been returned to the Supreme Court after the Montenegrin Court of Appeal approved an appeal by the Terraform Labs co-founder and his lawyers. Montenegro’s Vijesti news website reported today (Friday) that the country’s Court of Appeal…
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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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NHIF managers move to court, claim juniors earning more
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Senior managers of the National Hospital Insurance Fund (NHIF) have taken to court alleging salary discrimination that left some members in the lower cadre earning more than them. In a case brought under expedited testimony, management employees claim that salary increases over the years have favored unionized employees negotiating better…
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Genesis Gains Court Approval For $3 Billion Repayment Plan
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Bankrupt cryptocurrency bank Genesis Global Capital has received court approval to begin a $3 billion repayment plan for its creditors. This decision comes with the revelation that Digitalcurrency Group (DCG), Genesis’ parent company, will not recover any value from the bankruptcy payout plan. US court upholds Genesis and rejects DCG’s…
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Genesis Gains Court Approval For $3 Billion Repayment Plan
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Bankrupt cryptocurrency bank Genesis Global Capital has received court approval to begin a $3 billion repayment plan for its creditors. This decision comes with the revelation that Digitalcurrency Group (DCG), Genesis’ parent company, will not recover any value from the bankruptcy payout plan. US court upholds Genesis and rejects DCG’s…
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Nigerian Court Clears Binance Executive for Trial in Tax Evasion Case
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A Nigerian court ruling today (Friday) has paved the way for Binance CEO Tigran Gambaryan to stand trial on behalf of the cryptocurrency exchange in the ongoing tax evasion case. Along with Gambarian, a US citizen and head of financial crimes compliance, British-Kenyan national Nadeem Angarwala, regional director for Africa,…
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Lawyers challenges nomination of former MCA as regional court judge
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The Law Society of Kenya (LSK) has challenged the nomination of Zablon Moroka Mukwa as a judge at the East African Court of Justice (EACJ) arguing that the former chamber representative is not qualified for the position. Mr Mukwa, who served as Member of the County Assembly (MCA) for the…
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Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court
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In the Netherlands, open source software developers are now responsible for how their software is used. Today a Dutch court convicted Alexei Burtsev, a 31-year-old Russian citizen living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, of money laundering: he was sentenced to…
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St Bakhita schools parents move to court opposing fee increment
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More than 1,000 parents of St Bakhita Schools in Nairobi have returned to court after failing to agree with management over plans to review and hike fees. Appearing before Judge Christine Meoli on Tuesday, the parents said the children’s learning could be disrupted mid-term because the administration had given them…
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Court orders KRA to refund Sh54m to Nakumatt supplier Hotpoint
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The Kenya Revenue Authority (KRA) has ordered the return of over Sh54 million to home appliance and electronics company Hotpoint over bad debts arising from goods delivered to retail giant Nakumatt. The Tax Appeals Tribunal has criticized the Local Tax Commissioner for not allowing the Sh54.8 million value added tax…
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President Ruto appoints 20 new High Court judges
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President William Ruto has appointed 20 Supreme Court judges who were recently appointed by the Judicial Service Commission. The Judicial Service Commission recommended that the 12 men and eight women become High Court judges after interviewing 95 applicants, in a month-long process between April 3 and May 3. “In exercise…
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Russian court says US soldier charged with theft causing ‘significant’ damage By Reuters
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MOSCOW (Reuters) – U.S. soldier Gordon Black, detained in the Russian city of Vladivostok until July 2, is accused of theft and causing serious damage, a Russian court said. The detention of Black, who the Pentagon said traveled to Russia without authorization, represents another diplomatic headache for the United States,…
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Italian shoemaker Tod’s to court US lovers of quiet luxury By Reuters
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Written by Elisa Anzolin and Valentina Za MILAN (Reuters) – An LVMH-backed investment firm is betting that demand from wealthy Americans for quiet luxury will ensure its 510 million euros ($545 million) stake in Italian shoemaker Tod generates the double-digit returns typically sought by private equity. L Catterton, set up…
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Australian Court Gives Win To Watchdog
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Recent reports revealed that the Australian Securities and Investment Commission (ASIC) has obtained its first victory in a cashless payment case involving cryptocurrencies. According to the documents, an Australian court has partly ruled in favor of the watchdog’s claim against BPS Financial Pty Ltd (BPS). “Qoin Scheme” earns $26 million…