Minnesota Supreme Court Deliberates Transgender Athlete’s USA Powerlifting Case
Minnesota Supreme Court Deliberates Transgender Athlete’s USA Powerlifting Case. The Minnesota Supreme Court recently convened to hear the case of Jaycee Cooper, a transgender woman who was denied the right to participate in the women’s division of the USA Powerlifting championships. The lawsuit, filed by Gender Justice, claims that USA Powerlifting discriminated against Cooper by […]
Latham & Watkins Advises on Core Scientific’s Increased US$550 Million Convertible Senior Notes Offering
Latham & Watkins Advises on Core Scientific’s Increased US$550 Million Convertible Senior Notes Offering. Core Scientific has announced the pricing of its upsized $550 million offering of 0.00% convertible senior notes due 2031. The offering, initially set at $500 million, will settle on December 5, 2024. The notes are senior, unsecured, and carry no regular […]
Apple Faces Lawsuit Over Alleged Spying on Employees’ Personal Devices
Apple Faces Lawsuit Over Alleged Spying on Employees’ Personal Devices. Apple is now embroiled in a major lawsuit filed in California, which accuses the tech giant of unlawfully surveilling its employees’ personal devices and iCloud accounts. The lawsuit also claims that Apple has been restricting employees from discussing their compensation and workplace conditions, adding fuel […]
South Korean President Announces Emergency Martial Law in Response to Opposition’s Actions
South Korean President Announces Emergency Martial Law in Response to Opposition’s Actions. In a late-night television address on Tuesday, South Korean President Yoon Suk Yeol, 63, announced the implementation of emergency martial law, accusing the country’s primary opposition party, the Democratic Party, of aligning with North Korea and engaging in anti-state activities. The President’s speech […]
Gen Digital Inc. Pays $55.1 Million Settlement After False Claims Act Violation
Gen Digital Inc. Pays $55.1 Million Settlement After False Claims Act Violation. Gen Digital Inc., formerly known as Symantec Corp., based in Tempe, Arizona, has agreed to a significant settlement of $55.1 million, concluding a decade-long legal battle under the False Claims Act. The settlement follows a four-week bench trial and includes $16.1 million in […]
Sarah Boone, ‘Suitcase Killer,’ Sentenced to Life for Suffocating Boyfriend
Sarah Boone, ‘Suitcase Killer,’ Sentenced to Life for Suffocating Boyfriend. Sarah Boone, known as the “suitcase killer,” has been sentenced to life in prison for the suffocation death of her boyfriend, Jorge Torres. On Monday, Judge Michael Kraynick imposed the life sentence, rejecting a request for a retrial by Boone’s defense attorneys. The case, which […]
Robbins LLP Files Class Action Against Rentokil Initial PLC (RTO) Over Failed Terminix Integration
Robbins LLP Files Class Action Against Rentokil Initial PLC (RTO) Over Failed Terminix Integration. Robbins LLP has initiated a class action lawsuit on behalf of individuals and entities who acquired American Depository Shares (ADSs) of Rentokil Initial PLC (NYSE: RTO) between December 1, 2023, and September 10, 2024. Rentokil, a global leader in pest control, […]
Stoli Group USA Files for Bankruptcy Amid Financial Struggles and Cyberattack
Stoli Group USA Files for Bankruptcy Amid Financial Struggles and Cyberattack Stoli Group USA, the owner of the iconic Stoli vodka brand, has filed for bankruptcy following financial difficulties, a cyberattack, and ongoing legal disputes with Russia. The company, which has liabilities between $50 million and $100 million, acknowledged its financial challenges in a recent […]
Delaware Court Rules Against Elon Musk’s $56 Billion Compensation Package
Delaware Court Rules Against Elon Musk’s $56 Billion Compensation Package. On Monday, a Delaware judge ruled that Elon Musk, CEO of Tesla, is not entitled to the $56 billion compensation package, despite shareholder support. Chancellor Kathaleen McCormick of the Delaware Court of Chancery upheld her earlier January decision, which deemed the package excessive, even after […]
Kirkland & Ellis Advises Consolis Group on Successful Debt and Equity Recapitalization Deal
Kirkland & Ellis Advises Consolis Group on Successful Debt and Equity Recapitalization Deal. Kirkland & Ellis recently advised Consolis Group, a European leader in precast concrete solutions for the building and utilities sectors, in connection with its comprehensive debt and equity recapitalization, which was successfully completed on November 28, 2024. This pivotal transaction, executed by […]
Baker McKenzie Advises 13 NSW Councils on Iberdrola PPA
Baker McKenzie Advises 13 NSW Councils on Iberdrola PPA. Baker McKenzie has successfully facilitated a significant Power Purchase Agreement (PPA) between Iberdrola and 13 participating councils in New South Wales (NSW). The agreement, which is set to begin on January 1, 2025, and run until the end of 2030, will provide over 390 GWh of […]
Charlie Rose Settles Sexual Harassment Lawsuit with Three Former Employees
Charlie Rose Settles Sexual Harassment Lawsuit with Three Former Employees. Charlie Rose, 82, the former CBS This Morning anchor, has reached a settlement in the sexual harassment lawsuit filed by three former employees. The lawsuit, which came to light in 2018, accused Rose of creating a hostile work environment through unwanted touching, verbal harassment, and […]