Fortum Launches €800 Million Lawsuit Against Russia’s Forward Energo Over Loan Defaults
Fortum Launches €800 Million Lawsuit Against Russia’s Forward Energo Over Loan Defaults. Finnish energy company, Fortum has filed an €800 million lawsuit in a Dutch court against Russia’s Forward Energo, over unpaid loans totaling €600 million. Most of these loans are overdue and have not been repaid, and the company has also failed to make […]
A&O Shearman Transitions to All-Equity Partnership: What This Means for the Legal Landscape
A&O Shearman Transitions to All-Equity Partnership: What This Means for the Legal Landscape In a bold move that is shaking up the legal industry, A&O Shearman is shifting to an all-equity partnership model, implementing a three-tier modified lockstep system for partner remuneration. This transition comes as the firm integrates following its recent merger, marking a […]
Lil’ Kim Resolves $150,000 Tax Lien After Years of Financial Struggles
Lil’ Kim Resolves $150,000 Tax Lien After Years of Financial Struggles. Lil’ Kim, 49, has made strides in resolving her financial issues, successfully paying off a $150,775 tax lien owed to the federal government. This resolution comes as a significant relief after years of navigating bankruptcy and tax debt. In May, the IRS lifted the […]
T.I. Faces $2 Million Tax Lien Amid Major Court Victory
T.I. Faces $2 Million Tax Lien Amid Major Court Victory. Rapper T.I., 44, is grappling with a substantial financial setback as he faces a federal tax lien of over $2 million, just as he celebrates a significant court victory. The hip-hop star, whose real name is Clifford Harris, has a reported fortune of $71 million, […]
Berman Tabacco files a securities class action lawsuit against Acadia Healthcare Company, Inc.
Berman Tabacco files a securities class action lawsuit against Acadia Healthcare Company, Inc. Berman Tabacco has announced the filing of a securities class action in the Middle District of Tennessee against Acadia Healthcare Company, Inc. and certain current and former officers. This lawsuit is on behalf of individuals who purchased Acadia securities between February 28, […]
BHP’s $47 Billion Over Mariana Dam’s Collapse
BHP’s $47 Billion Over Mariana Dam’s Collapse. On November 5, 2015, Brazil experienced its most severe environmental disaster, caused by the failure of a tailings dam at an iron ore mine operated by Samarco, a joint venture between the Brazilian mining company Vale and the Australian firm BHP. A critical hearing regarding a $47 billion […]
Microsoft Agrees $69 Billion Activision Blizzard Deal Lawsuit Settlement
Microsoft Agrees $69 Billion Activision Blizzard Deal Lawsuit Settlement. Microsoft Corp. has reached a settlement in a lawsuit filed by a group of gamers who sought to block the company’s acquisition of video game publisher Activision Blizzard for $69 billion last year. Microsoft Corp. has reached a settlement in a lawsuit filed by a group […]
Granbury residents sue Marathon Digital Holdings over noise from crypto mine
Granbury residents sue Marathon Digital Holdings over noise from crypto mine. Residents near Granbury, located approximately 40 miles southwest of Fort Worth, have initiated legal action against Marathon Digital Holdings, claiming that the noise generated by its Bitcoin mining facility is excessively disruptive. Texas is fast becoming a hotspot in Bitcoin mining, but one […]
Bayer’s $78 Million Lawsuit in Roundup Cancer Trial
Bayer’s $78 Million Lawsuit in Roundup Cancer Trial. The German multinational pharmaceutical and biotechnology company ‘Bayer’ must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court in Philadelphia found on Thursday. A jury in Pennsylvania has delivered a verdict unfavorable to Bayer, granting $78 […]
Justice Dept. Sues LA Fitness for Alleged Disability Discrimination
Justice Dept. Sues LA Fitness for Alleged Disability Discrimination. The Justice Department has filed a lawsuit against Fitness International LLC, known as ‘LA Fitness’, for allegedly discriminating against individuals with disabilities at its gyms and fitness centers. LA Fitness is the largest chain of owner-operated gyms and fitness clubs in the United States, boasting nearly […]
SFO recovers further £295,000 from metal trading fraudster
SFO recovers further £295,000 from metal trading fraudster. The Serious Fraud Office (SFO) has successfully reclaimed an additional £295,000 from Virendra Rastogi, who is currently referred to as Vareen Kumar or Veerain Kumarr, following his conviction for involvement in an international metal trading fraud. The funds were retrieved from two pension schemes as part of […]
US legal jobs bounce back after 4-month slump, says Labor Dept
US legal jobs bounce back after 4-month slump, says Labor Dept. The U.S. legal services industry experienced an increase of 1,600 jobs in September, marking a turnaround from a decline that commenced in the spring, as reported by data from the U.S. Labor Department released on Friday. According to preliminary seasonally adjusted figures from the […]