House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash
May 09, 2024 04:15 am UTC| Technology Digital Currency Law
In a significant bipartisan move, the U.S. House of Representatives voted to overturn the SECs Special Accounting Bulletin (SAB 121), which had barred banks from holding cryptocurrency assets. The resolution, facing a...
Levi Strauss Settles Trademark Lawsuit with Brunello Cucinelli
May 08, 2024 03:24 am UTC| Business Law
Levi Strauss Co. has reached a settlement in its trademark infringement lawsuit against Brunello Cucinelli, an Italian luxury fashion house. The denim giant announced the resolution following the notification to a federal...
Goldman Sachs' 1MDB Criminal Case Dismissed After Fulfilling $2.9 Billion Penalties
May 07, 2024 06:32 am UTC| Business Law
In a significant legal closure, a U.S. judge on Monday officially concluded the criminal proceedings against Goldman Sachs regarding its involvement with the Malaysian investment fund, 1MDB. This follows the Wall Street...
What the Supreme Court is doing right in considering Trump’s immunity case
May 03, 2024 00:03 am UTC| Insights & Views Law Politics
Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...
May 02, 2024 07:16 am UTC| Business Law
In a significant legal turnaround, Bayer AGs Monsanto unit convinced a Washington state appeals court to overturn a $185 million jury award granted to three former teachers. These teachers had alleged that exposure to...
Ensuring victims’ rights: The federal ombudsperson’s office is necessary but insufficient
May 02, 2024 05:58 am UTC| Insights & Views Law
Are victims rights well protected in Canada? When the Act for the Recognition of Victims Rights, also known as the Canadian Victims Bill of Rights, was adopted in 2015, it raised expectations and hope among victims of...
Biden Administration Set to Finalize Stricter EV Tax Credit Rules
May 02, 2024 05:51 am UTC| Technology Law Business
The Biden administration is finalizing new electric vehicle tax credit rules, slashing the list of eligible models to just 13. This update, part of a broader effort to refine economic incentives before the election,...
Canada retail sales rises in September
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