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On Friday, the prosecution will have the opportunity to present a rebuttal before the case goes to the jurors. Elizabeth Holmes faces 11 charges of defrauding investors, medical professionals, and patients over Theranos’ blood-testing technology, which the company claimed could carry out hundreds of tests with just a single drop of blood. Holmes faces up […]
M&S claim Aldi’s gold flake blackberry and clementine gin liqueurs are “strikingly similar” to its own product in court papers. It lists several features that it says are protected, including the gin’s integrated light feature, gold leaf flakes, a winter forest graphic, and the bell shape of the bottle. In its intellectual property claim, M&S […]
Under the settlement, Easterbrook has returned the equity awards and $105 million he received as a severance package in 2019. Easterbrook was sued by McDonald’s in August 2020, claiming he never gave directors a full picture of his relationships with employees at the company. Mcdonald’s said that, when it fired Easterbrook, it was only aware […]
The Ontario Superior Court ruled in favour of Cineplex and awarded the Canadian group damages of £725 million for lost synergies. Cineplex began legal proceedings shortly after the deal was scrapped, claiming a breach of good faith by Cineworld. The group claimed damages of $2.18 billion minus the value of shares retained by its shareholders. […]
Settlement Conferences This entails both parties and their lawyers appearing before a judge to see if the case can be settled without going to trial. This is usually done early on in the proceedings, and if it's not successful, the court will schedule a date for trial. This is how Fortinet reached a settlement with […]
In a complaint on Monday, Debevoise & Plimpton said that the owners of “debevoise-law.com” and “debovoise-laws.com” have been using the names of actual Debevoise & Plimpton attorneys in emails sent out to victims as part of a phishing scheme. Debevoise & Plimpton remains unaware of who is running the two websites because a privacy service […]
The lawsuit was filed in September of this year by the US government and six US states that claim the deal between the two companies would result in higher fares in busy Northeastern US airports. In a court filing on Monday, the Justice Department and six states, which include California, Arizona, and Massachusetts, said that […]
Police have confirmed that the workers were killed when the Edwardsville, Illinois Amazon warehouse buckled under the strength of a devastating storm. According to the National Weather Service, the area was hit by a tornado at around 8:30 pm CST on Friday. Peak winds were estimated to have reached 150 miles per hour. Other US […]
Syed Rahman of financial crime specialists Rahman Ravelli examines the fraud-friendly faults that have been highlighted in the government’s Bounce Back Loan Scheme. As an end-of-year report, the National Audit Office’s assessment of the government’s fraud prevention measures for its Covid-19 Bounce Back Loan Scheme has a very strong “could do better’’ tone about it. […]
In a complaint, Nike claims that 49 of Adidas’ designs that use an allegedly similar Primeknit technology infringe six Nike patents. Nike said its Flyknit technology is a novel way to produce upper parts of shoes and allows the company to create footwear that “excels in performance, design and aesthetics while reducing materials and waste." […]
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