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New York Law Journal

Internova Travel Group Accused of Fraud, Theft in New Lawsuit

Plaintiffs Milne Travel Agency and Scott Milne accuse defendants of lying, stealing, and using "pressure tactics" as part of an attempt to get Milne to sell his ownership shares in the company, which has been in his family since 1975.
4 minute read

New York Law Journal

Real Estate Fund Sues Fiduciary After $58 Million USD Converted to Euros

Plaintiffs, represented by a team at Steptoe, claim Land Services USA breached their contractual and fiduciary obligations as escrow agent while disbursing a loan from Deutsche Bank Luxembourg in July.
2 minute read

New York Law Journal

Referee Recommends $3 Million in Attorney Fees on $500,000 Judgment

"While the simple act of paying the judgment would have ended this matter, defendants chose to litigate this action for fourteen years," a judicial hearing officer wrote in her recommendation.
3 minute read

Delaware Business Court Insider

Cook: Default Judgment or Not, Plaintiffs Need to Show Work to Obtain Damages

Vice Chancellor Nathan Cook, in an opinion, granted Tyler and Cameron Winklevoss and their investment fund only a fraction of the $1.3 million they claimed to be owed by the founder of a magazine they invested in.
4 minute read

New York Law Journal

'Overwhelming Evidence': NY AG Urges Appeals Court to Uphold Trump Civil Fraud Judgment

The AG's submission defends the lower court's ruling as necessary to ensure "the integrity of the marketplace."
3 minute read

International Edition

Deutsche Bank Settles with 60% of Postbank Shareholders After 14-Year Legal Battle

Law firms Hengeler Mueller and Bayer Krauss Hüber advised on the settlement.
2 minute read

New York Law Journal

Federal Judge Maintains NY's Partial Jury Verdict Against Makers of Prevagen

U.S. District Judge Louis L. Stanton upheld a jury verdict that had found that Quincy Bioscience, the maker of Prevagen, a dietary supplement claiming to improve memory loss, had the capacity or tendency to deceive under New York law.
3 minute read

Delaware Business Court Insider

Minority Stockholder Was Not a Controller Because Plaintiff Did Not Adequately Plead Actual Control of the Company's Business Affairs

The actual control theory is "not easy to satisfy." In its recent decision, Scianella v. AstraZeneca UK Limited, C.A. No. 2023-0125-PAF (Del. Ch. July 8, 2024), the Delaware Court of Chancery emphasized that plaintiffs have a steep burden even at the pleadings stage to demonstrate actual control.
5 minute read

International Edition

Google Taps King & Spalding to Sue Kremlin-Owned Broadcaster

The claims are part of a legal battle between Google and Russian state-affiliated media entities which stretches back to 2020.
3 minute read

Law.com

Warehouse Liability: Know Before You Stow!

As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market. With this increasing need to use third-party warehouses, manufacturers and distributors should take moment to refresh their understanding of warehousing law and liability.
8 minute read

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