Your source for the latest developments in the legal world. Our Legal News section provides timely updates on significant legal cases, regulatory changes, judicial decisions, and other key events that shape the legal landscape globally.
On Monday, Serbian tennis player Novak Djokovic won a court battle to stay in Australia to compete in the Australian Open despite being unvaccinated against Covid-19. However, the Australian government has threatened to cancel the tennis star’s visa a second time. Federal Circuit Court Judge Anthony Kelly reinstated Djokovic’s visa after it was cancelled following […]
Adams’ $26.97 million pay package rose by close to 3% compared with the previous year’s $26.25 million, according to Apple’s annual proxy filing with the US Securities and Exchange Commission. A large portion of this figure stemmed from stock awards valued at nearly $22 million. Adams’ also earned $5 million in cash last year, including […]
The company is also asking judges in the UK to order Airbus to suspend the delivery of any of the jets until the alleged design defects have been rectified. Qatar Airways and Airbus have been in dispute for several months now over damages including blistered paint, cracked window frames, and erosion of a layer of […]
In a complaint filed in US District Court in Manhattan, Nike accused Lululemon of infringing six patents, including through technology that allows users to target specific exertion levels, compete against other users, and record their personal performance. Nike is seeking triple damages for its competitors alleged wilful infringement. Lululemon bought Mirror, an at-home fitness company, […]
Magic Circle law firm Allen & Overy has added to its London team with the hire of Sidley Austin’s former global co-head of antitrust. Kristina Nordlander has over 23 years of experience in broad areas of European Union antitrust litigation and has been with Sidley Austin since 2005. Nordlander focuses on big tech and life […]
On Friday, a preliminary settlement of the proposed class action was filed in Manhattan federal court, still requiring approval of US District Judge Analisa Torres. The bank’s customers are set to receive two years of fraud insurance coverage at a minimum, with each customer able to apply for reimbursement of up to $10,000 in losses. […]
Prosecutors said that the founder of the now-defunct medical startup had knowingly lied about Theranos’ technology, which she claimed could detect diseases with just a few drops of blood. The jury found Holmes guilty of four charges, including conspiracy to commit fraud against investors, and three counts of wire fraud. In total, Holmes faced 11 […]
NatWest Markets admitted some of its traders in London, Singapore, and Connecticut were involved in a scheme to manipulate US Treasury market prices through a practice known as “spoofing” between 2008 and 2018. In addition to paying the $35 million fine, NatWest Markets also agreed to serve three years of probation. “As we have previously […]
On Thursday, a Moscow court announced it had fined social media giant Twitter 3 million roubles for failing to take down content that is deemed illegal in Russia. The fine comes as part of a long string of penalties against foreign technology firms operating in the country. Moscow has ramped up pressure on big tech […]
The US Securities and Exchange Commission (SEC) has rejected a bid by Apple Inc to block a shareholder proposal asking the tech giant to provide greater transparency in its effort to keep forced labour out of its supply chain. Earlier this year, a group of shareholders asked Apple’s board to prepare a report on how […]
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