Category: Ordered
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Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says
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By Karen Freifeld and Fanny Botkin NEW YORK/SINGAPORE (Reuters) – The United States ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications as of Monday, according to a person familiar with the matter. The Commerce Department sent…
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New Deadline Ordered By Second Circuit Court
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The US Court of Appeals for the Second Circuit has Issued Order in the XRP lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs, Inc. The court ruled that the SEC must file its appellate brief by January 15, 2025, with a specific deadline. Ripple Status Update: New…
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KRC ordered not to interfere with logistics firm’s tenancy
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The Kenya Railways Corporation (KRC) should not interfere with the hiring of a logistics company at the Mombasa Port, pending the determination of the company’s petition. Environment and Lands Court judge Stephen Kibunya ruled that although KRC may compensate Jihan Freighters Limited for damages it has suffered or is likely…
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SK Macharia ordered to wire Sh400m back to Directline
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Businessman and media owner Samuel Kamau Macharia (SK Macharia) has been ordered to return Sh400 million withdrawn from Directline Assurance Company Limited. Judge Alfred Mapia said the transfer of funds by Mr Macharia was not only unlawful and illegal, but was intended to financially cripple the company. The judge said…
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KenGen ordered to pay Sh10 million for farms destroyed by oil spill
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A court has ordered Kenya Electricity Generating Company Limited (KenGen) to pay Sh10 million to some farmers whose farmlands along the Tana River were damaged by oil leakage from its power plant during the rainy season. The Garissa Environment and Land Court ordered Kingen, under the supervision of the Garissa…