Search Results for: Hedges

Now is the time for many state authorities to act decisively to avert more pandemic driven bar exam chaos. Without prompt action more testing failures, disruption, and delays are almost certain. The evidence is in. The case is open and shut. Conventional in-person bar exams cannot and need not be held, at least so long [...]

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International commercial arbitration prides itself on constituting an efficient and less expensive dispute resolution method for clients. While arbitration has been promoted under this premise, in reality, some parties have used arbitration agreements to implement standard terms or one-sided arbitration clauses in order to discourage the other party from initiating a dispute. It has been [...]

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On Monday, Judge Emmet G. Sullivan of the U.S. District Court for the District of Columbia filed his response to the petition for mandamus brought by General Michael Flynn in the D.C. Circuit regarding Sullivan’s handling of the Justice Department (DOJ) Motion to Dismiss the false statement charges against Flynn. Flynn had pleaded guilty to [...]

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Sears Holding Corp. sued its former chairman Eddie Lampert, his hedge fund ESL investments, and others including Treasury Secretary Steven Mnuchin Wednesday, claiming that they siphoned billions of dollars from the company’s holdings in advance of its bankruptcy. Lampert purchased most of Sears’ assets in February, including the DieHard and Kenmore brands, after a bankruptcy [...]

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A federal judge dismissed a criminal wire fraud charges against Barclays Plc during trial Monday, saying the US did not present evidence to prove Barclays owed Hewlett-Packard a duty of trust or confidence in their dealings. Judge Charles Breyer of the US District Court for the Northern District of California said a reasonable jury could not have found [...]

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A federal judge ruled Thursday that prosecutors broke federal law in brokering a 2008 plea agreement for hedge-fund manager and millionaire Jeffrey Epstein. Starting in 2005, Epstein was accused of orchestrating a sex trafficking ring and sexually assaulting dozens of minors. His plea agreement, which was sealed from the public record, distilled these accusations into [...]

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United Arab Emirates (UAE) President Khalifa bin Zayed Al Nahyan pardoned 785 prisoners on Tuesday, including a British citizen who had been sentenced to life in prison last week.  The pardon came on the UAE’s National Day, in which the government said, “The release of prisoners, and the settlement of their debts and fines, reflects the President’s keenness [...]

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Sears Holdings Corporation (Holdings) filed for bankruptcy in the US Bankruptcy Court for the Southern District of New York on Monday, announcing that it intends to remain in business but will close at least 142 stores by the end of the year. Holdings, the parent company of Sears and Kmart, filed a petition for debt relief [...]

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The US Senate on Tuesday approved the Economic Growth, Regulatory Relief, and Consumer Protection Act , which implements several changes to the laws implemented following the 2008 financial crisis. The purpose of the bill is: "To promote economic growth,...

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