A federal judge in New Orleans has dismissed a lawsuit by two NFT creators aiming to block potential enforcement by the U.S. Securities and Exchange Commission (SEC). U.S. District Judge Greg Guidry ruled that the concerns raised by singer-songwriter Jonathan Mann and conceptual artist and law professor Bryan Frye were largely hypothetical. The pair argued …
Judge Shuts Down NFT Artists’ Attempt to Preempt SEC Action Read More »
Apple, Google, and Meta can no longer hide behind the shield of Section 230. A federal judge in San Jose, California, has rejected their attempts to dismiss lawsuits accusing the companies of profiting from casino-style gambling apps that allegedly addict users and trigger serious harm. The plaintiffs argue that these apps, available through Apple’s App …
Tech Giants Dragged into Court Over “Vegas in Your Pocket” Apps Read More »
In a thunderous rebuke from the bench, a federal judge in Boston has ruled that Donald Trump’s administration trampled the U.S. Constitution when it targeted foreign students and scholars for deportation over their pro-Palestinian views. The 161-page ruling declared that federal officials weaponized their powers to silence political speech on campuses, striking at the very …
A California jury has delivered a pivotal ruling in the first U.S. trial over passenger sexual assault claims tied to Uber: the rideshare giant will not be held liable. The case centered on a woman, identified in court only as Jessica C., who alleged she was attacked by her driver in 2016. After three weeks …
Sean “Diddy” Combs, once celebrated as a titan of hip-hop, failed in his latest courtroom gamble. A federal judge in Manhattan has refused to overturn his felony conviction tied to prostitution-related charges—leaving the music mogul staring at a potential 20-year prison sentence. Combs, 55, was found guilty in July after jurors heard weeks of testimony …
Judge Shuts Down Diddy’s Attempt to Scrap Prostitution Conviction Read More »
Almasar Education, the education arm of Dubai-listed Amanat Holdings, has secured the green light from Saudi Arabia’s Capital Market Authority to launch its IPO on the Tadawul Main Market. The company plans to offer 30,720,400 shares, equivalent to 30% of its total share capital. Specializing in niche education across the Gulf, Almasar Education operates in …
Amanat-Backed Almasar Education Set to Make Tadawul Debut Read More »
The Islamic Corporation for the Development of the Private Sector (ICDPS) has priced a five-year, $500 million benchmark sukuk, drawing robust investor appetite that pushed initial orders beyond $2 billion. Rated A2 (Moody’s), A (S&P), and A+ (Fitch), the sukuk carries a 4.391% semi-annual coupon, priced at 65 basis points over U.S. Treasuries, tightening from …
GCC-Backed ICDPS Sparks $500M Sukuk Frenzy with Oversubscribed Launch Read More »
The battle over the future of the Education Department’s civil rights office took another sharp turn this week, as a federal appeals court opened the door for the Trump administration to move forward with sweeping layoffs. A three-judge panel of the 1st U.S. Circuit Court of Appeals in Boston temporarily suspended an injunction that had …
Trump Wins Court Backing to Slash Civil Rights Jobs at Education Department Read More »
The clash between federal power and state defiance has flared again—this time in Minnesota. The U.S. Justice Department has launched a lawsuit against the state, accusing its leaders of shielding undocumented immigrants from federal authorities in violation of national law. At the center of the dispute are Minneapolis, St. Paul, and Hennepin County, which the …
Washington Takes Minnesota to Court Over Immigration Standoff Read More »
A bruising legal standoff over attorney fees tied to Columbia University’s massive sex abuse settlements has ended not with a bang but a quiet retreat. New York’s Wigdor law firm and plaintiffs’ lawyer Anthony DiPietro agreed to permanently halt their court battle, which had been simmering since last year. Court papers filed earlier this month …
Lawyers Quietly Close Bitter Fight Over Columbia Settlement Fees Read More »
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