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JPMorgan Wins Oil Trial Against Nigeria

15th June 2022
JPMorgan Chase has won a London High Court trial against Nigeria, in which the nation was seeking $1.7 billion in damages over the US investment bank’s role in a disputed 2011 oil deal.  The bank said the judgement reflects its commitment to high professional standards, while Nigeria said it was disappointed with the verdict and […]
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Wikipedia Fights Russian Order To Take Down Articles On Ukraine War

14th June 2022
The Wikimedia Foundation, which owns free online encyclopedia, Wikipedia, has filed an appeal against a Russian court decision demanding that it take down information on Moscow’s invasion of Ukraine. The Wikimedia Foundation says the public has the right to know the facts of the Russia-Ukraine war.  A Moscow court fined the Wikimedia Foundation $88,000 for […]
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Indian Tribunal Rejects Amazon Appeal Against Deal Suspension

13th June 2022
On Monday, Amazon’s appeal against an antitrust suspension of its $200 million investment deal with Future Group was rejected by an Indian appeals tribunal, which claims the e-commerce giant hid information when it sought approval back in 2019. Suspension of the deal was issued in December by India’s antitrust agency, which alleged Amazon suppressed the […]
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Over-Prioritising Profit Harms Lawyers’ Mental Health, Study Finds

10th June 2022
According to a new study, lawyers who say their employers value them predominantly for their productivity tend to have worse physical and mental health than lawyers who feel valued for their skills, talent, and humanity.  The peer-reviewed study, which was published this month in the scientific journal Behavioral Sciences, is the first empirical analysis of […]
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Major Jewellery Company Reaches $175 Million Settlement Of Gender Bias Lawsuit

10th June 2022
On Thursday, Sterling Jewelers-owner Signet Jewelers Ltd announced a $175 million settlement of a long-running gender bias lawsuit in which 68,000 female Sterling Jewelers employees claimed the retailer had paid women less and promoted them less often than their male counterparts.  Sterling was originally sued in 2008, accused of violating Title VII of the Civil […]
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Paramount Pictures Sued Over “Top Gun: Maverick”

9th June 2022
On Monday, the family of the author whose article inspired the 1986 film “Top Gun” sued Paramount Pictures for copyright infringement over this year’s sequel and biggest box office hit “Top Gun: Maverick.” The complaint by Shosh Yonay and Yuval Yonay — the author’s widow and son — claims that the Paramount Global unit failed […]
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Heard Trial Victory Sees Johnny Depp’s Lawyer Promoted To Partner

8th June 2022
International law firm Brown Rudnick has promoted its associate Camille Vasquez to partner after she helped American actor Johnny Depp secure a $15 million jury verdict in his defamation trial against his former wife Amber Heard.  The televised defamation trial, which lasted several weeks, saw Vasquez become the public face of Depp’s legal team. The […]
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Elon Musk’s Legal Team Warn $44 Billion Twitter Deal Could Be Scrapped

7th June 2022
The world’s richest man is represented by US law firm Skadden, Arps, Slate, Meagher & Flom, who wrote to Twitter on June 6 accusing it of refusing to provide sufficient information on its number of false accounts.  In a letter to Twitter’s chief legal officer, Vijaya Gadde, Musk’s Skadden legal team said: “Mr Musk does […]
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London Metal Exchange Sued For $456 Million Over Nickel Chaos

6th June 2022
Elliott Investment Management is suing the London Metal Exchange (LME) for $456 million over its March decision to cancel nickel trades following a massive short squeeze. The claim was filed by two Elliott vehicles against LME and its clearing house in the English High Court on June 1. The LME management has since said that […]
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Meta Lawyer Claims EU Acted Like “Fishing Trawler” In Antitrust Data Searches

1st June 2022
On Wednesday, US tech giant Meta Platforms Inc compared searches by EU antitrust regulators to a fishing trawler amid investigations into the Facebook owner’s data and online marketplace.   Meta says it has already given the European Commission access to over one million documents since 2019 when it first made a request regarding Meta’s Facebook Marketplace, […]
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