Tag: legal update online

Activision fell on concern that the UK may oppose the Microsoft deal

extreme
Rich Polk/Getty Images Entertainment Update 7:50pm: Updates shares, adds Microsoft comment to NYT on UK antitrust review. Activision (NASDAQ:ATVI) fell almost 5% on a report that Microsoft’s legal team (NASDAQ:MSFT) is said to expect that the UK’s antitrust authority may oppose its $69 billion videogame megadeal, according to a New York Times reports on Saturday, which cited four people familiar with the matter. The NYT updated its story later on Monday to include that Microsoft (MSFT) said it believes it has a strong case in the UK and it has not “predetermined,” nor been advised by its lawyers that the…Continue Reading

Witness list includes lawyers, bankers, accountants

extreme
The trial of Alex Murdaugh began Monday, Jan. 23 and we have the latest from the Colleton County Courthouse. Murdaugh will face his first charges in a long list of criminal and civil allegations in the deaths of his wife, Maggie, and son, Paul, on June 7, 2021. These two deaths were the catalyst to the ruins of the Murdaugh dynasty and the unfolding of a much larger story. The Greenville News will be in the courtroom to give you the latest updates starting with jury selection until a final verdict is reached. Watch the Alex Murdaught trial live:Murdaugh trial…Continue Reading

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

extreme
The new leadership team of bankrupt cryptocurrency exchange FTX.com has threatened legal action against political and charitable organizations that fail to return donations they received when the exchange was led by Sam Bankman-Fried, according to a statement released Sunday. FTX requested the funds be returned by Feb. 28, claiming that they “reserve the right to commence actions before the Bankruptcy Court” if the funds are not returned by that date, with interest accruing from the date any action is commenced. Recipients of such funds were also warned that making subsequent charitable donations of the equivalent amount being sought for return…Continue Reading

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

extreme
The new leadership team of bankrupt cryptocurrency exchange FTX.com has threatened legal action against political and charitable organizations that fail to return donations they received when the exchange was led by Sam Bankman-Fried, according to a statement released Sunday. FTX requested the funds be returned by Feb. 28, claiming that they “reserve the right to commence actions before the Bankruptcy Court” if the funds are not returned by that date, with interest accruing from the date any action is commenced. Recipients of such funds were also warned that making subsequent charitable donations of the equivalent amount being sought for return…Continue Reading

Case Update: Dwyer v Fredbar in the Court of Appeal

extreme
In our previous article about post-termination restrictive covenants we discussed the High Court case of Dwyer (UK Franchising) Limited v Fredbar Limited [2021] EWHC 1218 as an example of covenants being found unreasonable and therefore unenforceable. Since then, the Claimant has appealed the judgment and the Court of Appeal has once again found in favor of the Defendant. So what does this mean for those trying to enforce, or avoid, restrictive covenants? The Facts The facts of the case are set out in our previous article (link above). However, in short, the Claimant (Dwyer) is the franchisor of ‘Drain Doctor’,…Continue Reading

List of 102 Legal Loans Registered at OJK, Update January 2023

extreme
KOMPAS.com – The public continues to be encouraged to use online loan services (pinjol) legally and registered with the Financial Services Authority (OJK). The reason is that currently there are still various illegal loans that can be detrimental to society. Therefore, before using online loan services, it is always necessary to regularly check the list of legal loans on the official OJK website. As usual, OJK will periodically release a list of legal loans that have obtained OJK permits and are legal as of January 2023. Reporting from the official website ojk.go.id there is the latest information regarding the termination…Continue Reading