Legal News
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FTX received court approval for its bankruptcy plan on Monday, enabling it to fully repay customers using up to $16.5 billion in assets recovered since the collapse of the once-leading crypto exchange. U.S. Bankruptcy Judge John Dorsey approved the wind-down plan during a hearing in Wilmington, Delaware, praising FTX’s success as “a model case for…
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The U.S. Court of Appeals for the Fifth Circuit heard oral arguments on Monday in a civil rights lawsuit accusing St. James Parish, Louisiana, of implementing discriminatory land-use policies that have disproportionately harmed majority-Black neighborhoods. Plaintiffs Inclusive Louisiana, Mount Triumph Baptist Church, and RISE St. James allege that the parish’s 2014 land-use plan “effectively codified”…
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McDonald’s has filed a lawsuit against JBS, Tyson Foods, and other leading meat processing and packing companies, accusing them of conspiring for years to limit beef supplies. This alleged conspiracy boosted the meatpackers’ profits while forcing McDonald’s to pay artificially inflated prices. In a lawsuit submitted on Friday in Brooklyn federal court, McDonald’s claims the…
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The U.S. Supreme Court has allowed a lower court ruling that bars emergency abortions in violation of Texas’ strict abortion ban to stand. The decision leaves hospitals uncertain about when they can legally provide pregnancy terminations in life-threatening situations. On Monday, the justices declined to hear a request from the Biden administration to block the…
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Indiana is moving toward allowing alternative approaches to delivering legal services, following the lead of other U.S. states. On Thursday, the Indiana Supreme Court directed its innovation committee to develop parameters for a “legal regulatory sandbox,” with the goal of creating more flexible legal service models. The committee must submit its proposals by March 1.…
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The U.S. Supreme Court has denied a request to stay two controversial Environmental Protection Agency (EPA) rules while the legal challenges against them proceed. This decision mandates compliance with the EPA’s regulations as the U.S. Court of Appeals for the District of Columbia Circuit continues its review, leaving significant environmental policies intact for now. The…
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A Florida federal judge issued a ruling this week that threatens to dismantle a key part of the federal False Claims Act, a Civil War-era law designed to combat fraud against the U.S. government and reward whistleblowers who expose it. The law’s whistleblower provisions, strengthened by Congress in 1986, have created a lucrative practice for…
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In a high-profile legal case, a Fulton County judge has denied bond for Brandon Dillard, a prominent veneer technician in Atlanta, accused of operating as a fake dentist and performing illegal veneer installations without a license. Dillard, who allegedly made over $4 million through unlicensed dental procedures, will remain in custody until his trial. Judge…
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Leading U.S. and international law firms are advising on fewer but larger corporate deals compared to last year, continuing the trend in worldwide mergers and acquisitions (M&A) activity. Global M&A deal values during the first nine months of 2024 reached $2.3 trillion, marking a 16% rise from the same period last year. The London Stock…
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In a disturbing breach of trust, former corrections officer Ghislaine Barrientos has been arrested and charged with multiple offenses for allegedly orchestrating a drug smuggling scheme at New York City’s Rikers Island. The 37-year-old was taken into custody on Wednesday and now faces serious charges, including conspiracy to commit honest services fraud, conspiracy to distribute…
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