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. […]
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 […]
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." […]
The decision comes as a major blow to Assange’s effort to prevent his extradition to face espionage charges in the US. However, his finance immediately expressed that an appeal would be launched against the court’s ruling. Assange is wanted in the US over the publication of thousands of classified documents in 2010 and 2011. Senior […]
As businesses continue to navigate the various challenges posed by the COVID-19 pandemic, including supply chain shortages, many are asking not only whether they can seek relief from performance through force majeure clauses, but also whether these disruptions could trigger business interruption insurance. Unfortunately, the answers are not straightforward. Force majeure contract provisions relieve contracting […]
In a lawsuit filed in California on Wednesday, Tesla assembly line worker Erica Cloud has accused defendants, including her former manager, of “continuous and pervasive” sexual harassment. Tesla and other defendants subjected Cloud to "a hostile work environment stemming from animus towards her gender, sexual harassment," the lawsuit says. Cloud claims her former manager hugged […]
Houston attorney James Lassiter has criticised American rapper Travis Scott as he denies allegations, including negligence, in lawsuits filed against him over the Astroworld Festival tragedy. Speaking to CNN, Houston attorney James Lassiter, said, "Travis Scott's attempt to escape responsibility for creating a deadly situation from which his fans could not escape is shameful and, […]
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