Archegos Founder Bill Hwang Sentenced to 18 Years in Jail US Fraud. Former billionaire investor Sung Kook “Bill” Hwang has received an 18-year prison sentence following the downfall of Archegos Capital Management, which resulted in over $10 billion in losses for Wall Street banks. On Wednesday, United States District Judge Alvin Hellerstein in Manhattan handed […]
US Seeks to Break Up Google to Curb Search Monopoly. The US Department of Justice (DOJ) has put forward a set of measures aimed at curbing Google's monopoly in online search. In a court document submitted late Wednesday, the DOJ suggested that the tech giant should divest its Chrome web browser. Additionally, government attorneys urged […]
The Story Behind Thanksgiving Dinner. The story behind Thanksgiving dinner dates back to the early 17th century, with the most commonly recognized origins tied to the Pilgrims' first harvest feast in 1621 at Plymouth, in what is now Massachusetts. The Pilgrims, who had recently arrived from England aboard the Mayflower, had struggled to survive in […]
Insurance app development is no longer a luxury for the business. It is rather a must-have thing for companies that want to stay competitive in the market and increase customer satisfaction. Customers want smooth and easy access to insurance services. Developing a mobile application is the most effective approach to make this happen. Insurance mobile […]
Alex Jones Takes Legal Action Against The Onion and Sandy Hook Families in Infowars Sale Dispute. Alex Jones, 50, the controversial figure behind Infowars, is pursuing legal action against both The Onion and the families of Sandy Hook shooting victims in an effort to halt the acquisition of his website. The legal challenge comes after […]
Paul, Weiss Appoints Liz Stotland Weiswasser and Anish R. Desai as Partners in Litigation Department in New York. Paul, Weiss, Rifkind, Wharton & Garrison LLP has announced the appointment of Elizabeth “Liz” Stotland Weiswasser and Anish R. Desai as partners in its Litigation Department, based in New York. Liz will also serve as co-chair of […]
Bar Council Warns of Legal Issues with BSB’s Proposed Proactive Equality Duty. The Bar Council has raised concerns about the Bar Standards Board's (BSB) proposed proactive equality duty, warning it could lead to legal disputes with barristers and may not be lawful. They cautioned that the change might result in "virtue signalling" rather than effectively […]
Judge Grants Diddy Legal Victory Over Claims of Prosecutor Misconduct. A federal judge announced that he will not take into account any evidence gathered from the search of Sean "Diddy" Combs' jail cell during the upcoming bail hearing, marking a victory for the music mogul. Judge Arun Subramanian also ordered the prosecution to dispose of […]
NY DA Considers Delaying Trump Hush-Money Case Until After Presidency. New York prosecutors have informed the judge overseeing Donald Trump’s hush money case that they will oppose any efforts to dismiss the charges due to his reelection but are open to postponing proceedings while he serves as president. This willingness to delay was expressed in […]
Biden Trial Pick Kasubhai Confirmed Following Contentious Senate Process. The U.S. Senate has confirmed Oregon Magistrate Judge Mustafa Kasubhai for a lifetime position on the U.S. District Court for Oregon, with a narrow vote on Tuesday. Nominated by President Joe Biden over a year ago, Kasubhai has a wealth of experience, having served as a […]
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