Courts Financial News

An airline passenger who tried to make a shank from plastic cutlery and open the cockpit door during a flight has been sentenced to 19 months in prison

A federal judge overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and granted judgment to the NFL

The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency

Pakistan government on Friday decided to provide financial assistance to the families of missing persons as pressure mounted on authorities to address the issue of forced disappearances in the country. The decision was taken in a meeting of the cabinet which discussed reports of two previous committees set up to investigate the issue of missing persons, Law Minister Azam Nazeer Tarar said at a press conference. He said that families of missing persons face several economic problems and the cabinet decided to provide urgent support to them after due diligence. «A special committee will be formed to determine which families need an immediate support package, after which each [eligible] family will receive Rs 5 million,» Tarar said. «Keep in mind that this is not compensation of any kind, as there is no compensation for a human life,» the law minister clarified, adding that the assistance aimed to help them meet legal and financial challenges.

Delhi Police has sought information from the Maharashtra government, the IAS training academy in Mussoorie and AIIMS Delhi on former IAS prohibitionary officer Puja Khedkar in connection with a cheating and forgery case, sources said on Friday. Khedkar was booked by the Delhi Police Crime Branch on July 19 for wrongly availing OBC and PwD (person with disabilities) quota benefits to secure her candidature in the civil services exam. On Thursday, a Delhi court denied her anticipatory bail, saying there were serious allegations against her which «require a thorough investigation». Khedkar, who has not been arrested in the case, had approached the court through her lawyer, saying she faces «immediate threat of arrest».

civil services exam but was declared «temporarily unfit» to be a civil servant due to obesity, the Supreme Court came to his rescue on Friday by ordering the UPSC to conduct his medical examination afresh. The top court used its special powers under Article 142 of the Constitution, directing the Union Public Service Commission (UPSC) to conduct a fresh physical fitness test for Rakshit Shivam Prakash, who ranked 93 in the civil services exam held in 2014 but lost out due to «unacceptable» Body Mass Index (BMI). The BMI of the candidate was at 31.75, which is higher than the prescribed standard of 30. He was declared «temporarily unfit» and consequently, denied employment. He could not take part in the second medical test scheduled on July 14, 2015. Article 142 of the Constitution empowers the top court to pass «any decree or order necessary for doing complete justice in any case or matter pending before it».

pre-arrest bail grantable, especially in cases that are off-shoots of matrimonial discordance, it should exercise caution while imposing bail conditions, the Supreme Court said on Friday. The apex court also said it was pained to see that despite a catena of verdicts deprecating the practice of putting onerous conditions for pre-arrest bail, such orders were being passed without giving due regard to the binding precedents. These observations by the Supreme Court came in a verdict that set aside a condition imposed by the Patna High Court while granting provisional pre-arrest bail to a man in a case lodged for offences, including those under the Dowry Prohibition Act, 1961. A top court bench of Justices C T Ravikumar and P K Mishra stressed the need to put compliable conditions while granting bail, «recognising the human right to live with dignity and with a view to secure the presence of the accused as also unhindered course of investigation, ultimately to ensure a fair trial».

Health Minister J P Nadda on Friday defended the National Eligibility-cum-Entrance Test (NEET), which is under the scanner over paper leak cases, saying medical education had become an open business before the NEET was introduced and PG seats were sold for Rs 8 crore-13 crore each. The minister intervened during a discussion on a private member resolution moved by DMK Rajya Sabha member M Mohmed Abdulla on the NEET. The minister said corruption was rife in medical education before the NEET was brought in during his first stint as health minister. «Medical education had become the den of a business. When I was health minister and was bringing NEET, one seat of post graduation was sold for Rs 8 crore each and if you had to opt for a discipline like radiology then it was Rs 12-13 crore,» Nadda said.

Jharkhand Assembly on Friday passed a Bill to impose cess on mined minerals to boost the state's revenue. This move follows the Supreme Court's July 25 ruling, which affirmed that the legislative power to tax mineral rights rests with the states. Mining Minister in-charge Mithilesh Thakur introduced the 'Jharkhand Mineral-Bearing Land Cess Bill 2024', which was approved by voice vote. The Bill proposes varying tax rates for different minerals on a per-metric-tonne basis: Rs 100 for coal and iron ore, Rs 70 for bauxite, and Rs 50 for manganese ore and other minerals.

Manorama Khedkar, mother of former probationary IAS officer Puja Khedkar, was granted bail by a Pune court in criminal intimidation case on Friday. The bail comes after Manorama completed 14 days in judicial custody after having served a four-day police custody. She was arrested from a lodge at Hirkaniwadi village near Mahad in Raigad district on July 18. Police had launched a search for Manorama and her husband, Dilip Khedkar, after a video surfaced showing her allegedly threatening some persons with a gun over a land dispute at Dhadwali village in Pune's Mulshi tehsil in 2023.

Supreme Court said on Friday while wondering why public interest litigations (PILs) are filed when infrastructure projects like highways are launched. The apex court's observation came while dealing with a petition over construction work for doubling of the railway tracks on the Vasco Da Gama-Kulem section of Tinaighat-Vasco Da Gama route in Goa. «We are only wondering why this happens only in this country that when you start constructing a road in Himachal (Pradesh), the PILs come. When you start constructing a highway, national highways, the PILs come,» a bench of Justices Surya Kant and R Mahadevan observed. «You tell us a single internationally famed tourist resort where the railway facility is not there,» the bench told the petitioner's counsel, adding, «Go to the Alps mountains and they take you through the snow in train.»

Delhi High Court has appointed an arbitrator to resolve the dispute between PVR INOX and Ansal Plaza Mall in Greater Noida. PVR INOX claims that its four-screen multiplex at Ansal Plaza Mall was sealed due to unpaid government dues by the lessor, Sheetal Ansal. PVR INOX has filed a claim of approximately Rs 4.5 crore in the Delhi High Court, seeking arbitration to address the issue. In an order passed by Justice C Hari Shankar, he said, «Prima facie, an arbitrable dispute has arisen between the parties, which is amenable to arbitration in terms of the arbitration clause extracted. As the parties have not been able to come to a consensus regarding the arbitrator to arbitrate on the disputes, this Court has to intervene. Accordingly, this Court appoints the arbitrator to arbitrate on the disputes between the parties. Court noted that the Counsel for Respondent/lessor also be permitted for counter-claim to be agitated in the arbitration proceedings.»

ANI, NMC Secretary B Srinivas said, "As per the schedule, we are starting the counselling (for NEET UG) on August 14. We may advance the registration process for the students.

Gov. Maura Healey says she is pressing Steward Health Care to adhere to a state Department of Public Health regulation that hospital owners must give 120 days notice before any medical facility can close in Massachusetts

A Montenegrin appeals court has upheld a ruling by a lower court to hand over a South Korean mogul known as “the cryptocurrency king” to his native country

Families of some of the people killed in Boeing Max crashes are asking a judge to reject a plea agreement that the aircraft maker struck with the prosecutors

An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million in pandemic relief funds

David Gentile, founder and CEO of GPB Capital Holdings, and Jeffry Schneider, broker-deal chief, were founder guilty on all fraud counts they faced on Thursday morning in a seven-week trial in federal court in downtown Brooklyn.

Khalid Sheikh Mohammed, accused as the main plotter in al-Qaeda’s Sept. 11, 2001, attacks on the United States, has agreed to plead guilty, the Defense Department said Wednesday, pointing to a long-delayed resolution in an attack that altered the course of the United States and much of the Middle East.

It’s no secret that estate planning is one of the most crucial aspects of financial planning and wealth management. In fact, it is so crucial that there are entire RIA firms devoted to it. Many clients don’t realize why estate planning is important, as many of them believe that preparing for their end-of-life wishes is simply about writing a will – a dangerous misconception.  

Securities class action filings increased in the first half of 2024 as artificial intelligence related lawsuits became a trend.