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South Korean President Announces Emergency Martial Law in Response to Opposition's Actions

3rd December 2024
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 […]
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Gen Digital Inc. Pays $55.1 Million Settlement After False Claims Act Violation

3rd December 2024
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 […]
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Sarah Boone, 'Suitcase Killer,' Sentenced to Life for Suffocating Boyfriend

3rd December 2024
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 […]
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Stoli Group USA Files for Bankruptcy Amid Financial Struggles and Cyberattack

3rd December 2024
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 […]
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Kirkland & Ellis Advises Consolis Group on Successful Debt and Equity Recapitalization Deal

2nd December 2024
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 […]
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Baker McKenzie Advises 13 NSW Councils on Iberdrola PPA

29th November 2024
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 […]
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Charlie Rose Settles Sexual Harassment Lawsuit with Three Former Employees

29th November 2024
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 […]
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New Mexico Resident Awarded Record $412 Million in Medical Malpractice Lawsuit

28th November 2024
New Mexico Resident Awarded Record $412 Million in Medical Malpractice Lawsuit. A resident of New Mexico has reportedly been granted the largest-ever medical malpractice compensation awarded by a jury in the United States, following a series of unsuccessful penile injections. In November 2024, a jury in Albuquerque awarded the individual, currently in his 70s, a […]
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Class-Action Lawsuit Filed Against Shen Yun Alleging Forced Labor, Child Exploitation

28th November 2024
Class-Action Lawsuit Filed Against Shen Yun Alleging Forced Labor, Child Exploitation. Berger Montague and Farra & Wang have filed a class-action lawsuit against Shen Yun, the renowned Chinese classical dance and music organization, and its affiliated parties, accusing them of exploiting forced labor, including child labor, and violating labor laws. The lawsuit, filed by primary […]
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Court Rules OFAC Exceeded Authority in Sanctioning Tornado Cash Smart Contracts

28th November 2024
Court Rules OFAC Exceeded Authority in Sanctioning Tornado Cash Smart Contracts. In August 2022, the U.S. Office of Foreign Assets Control (OFAC) imposed sanctions on Tornado Cash, a cryptocurrency mixing service, accusing it of laundering over $7 billion in digital currency since its creation in 2019. OFAC stated that Tornado Cash played a key role […]
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