Burford Settles $35 Million Funding Dispute With Bankrupt Food Distributor

Burford Settles $35 Million Funding Dispute With Bankrupt Food Distributor

WASHINGTON — Burford Capital has resolved a lawsuit against former funding client Harvest Sherwood, ending a dispute over a $35 million investment in antitrust cases that became entangled in the food distributor’s bankruptcy. Harvest Sherwood borrowed the money in 2022 to finance lawsuits accusing major pork, chicken and beef processors of price fixing. After the …

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EU Proposes Energy and Water Labels for Data Centers

EU Proposes Energy and Water Labels for Data Centers

BRUSSELS — The European Commission proposed a disclosure and labeling system for large data centers on Monday, seeking to make the sector’s rapidly growing demands on electricity and water more visible before binding efficiency standards are introduced. The proposal would cover facilities with at least 500 kilowatts of capacity. Operators would have to report measures …

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Glencore Cleared to Pursue $236 Million Claim Against Insolvent Refinery

Glencore Cleared to Pursue $236 Million Claim Against Insolvent Refinery

LONDON — Glencore may proceed with a claim seeking roughly $236 million over crude oil supplied to the insolvent operator of Britain’s Lindsey refinery, after the High Court granted the commodities trader permission to sue. The ruling allows Glencore to try to recover oil still held by Prax Lindsey Oil Refinery Ltd., or identifiable proceeds …

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Ireland Fines Google €403 Million Over Location-Data Practices

Ireland Fines Google €403 Million Over Location-Data Practices

DUBLIN — Ireland’s Data Protection Commission fined Google €403 million on Monday after finding that features used to collect and process location information had violated the European Union’s General Data Protection Regulation. The decision covers Google’s Web & App Activity, Location History and Location Accuracy features during the period from 2018 through 2020. The regulator …

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California Limits Outside Investors’ Influence Over Lawyers’ Decisions

California Limits Outside Investors’ Influence Over Lawyers’ Decisions

SACRAMENTO — California has enacted a law aimed at drawing a firmer line between outside capital and a lawyer’s independent judgment, joining a small but growing group of states responding to private investment in legal businesses. Gov. Gavin Newsom signed Assembly Bill 2305 on Sunday. The measure prohibits a business entity from interfering with, or …

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Paramount Reaches Multistate Settlement on $110 Billion Warner Bros. Deal

Paramount Reaches Multistate Settlement on $110 Billion Warner Bros. Deal

LOS ANGELES — Paramount Skydance has reached a settlement with California and 11 other states that had sued to block its $110 billion acquisition of Warner Bros. Discovery, removing one of the largest remaining legal barriers to a combination that would redraw the media industry. The agreement, reported Monday by Reuters and attributed to a …

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CNN, MS NOW and Politico Sue Over White House Press Ban

CNN, MS NOW and Politico Sue Over White House Press Ban

WASHINGTON — CNN, MS NOW and Politico sued President Donald Trump and members of his administration on Monday, asking a federal court to block a White House ban that stripped their journalists of access to the complex. The complaint turns a dispute over press credentials into a direct constitutional test. The three organizations argue that …

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U.S. Prepares Sanctions That Could Reach the International Criminal Court Itself

U.S. Prepares Sanctions That Could Reach the International Criminal Court Itself

WASHINGTON — The Trump administration has prepared sanctions against the International Criminal Court as an institution, Reuters reported, citing people familiar with the plan — a step that could disrupt the tribunal’s routine operations far beyond the judges and prosecutors already targeted by Washington. The timing of an announcement remains uncertain. But a court-wide designation …

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MNT-Halan Moves Closer to EGX Debut With 1.6 Billion Shares Provisionally Listed

MNT-Halan Moves Closer to EGX Debut With 1.6 Billion Shares Provisionally Listed

MNT-Halan has taken another step toward a potential stock market debut after the Egyptian Exchange (EGX) approved the temporary listing of 1.6 billion shares. The EGX Listing Committee approved the shares, representing an issued capital of EGP 160 million. The securities, split between two issuances, have a nominal value of EGP 0.10 each. The shares …

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