Courts Financial News

By Gram Slattery, James Oliphant and Nathan Layne

Novak Djokovic carried on with his bid for a record that extended the 11th Australian Open title with a successful win over Taylor Fritz, the 12th American seed. The Serb searched for a 25th Grand Slam to move past the record of 24 by Margaret Court, winning 7-6 (7-3) 4-6 6-2 6-3 in warm weather conditions to reach the semi-finals.

A federal appeals court has ordered the appointment of an independent examiner in the bankruptcy case of FTX

Terraform Labs has filed for Chapter 11 bankruptcy protection, less than two years after a collapse of the company’s cryptocurrency devastated traders around the world

Federal prosecutors are expanding their investigation into a bribery scheme involving two former U.S. Drug Enforcement Administration supervisors, turning their attention to two Miami defense attorneys suspected of profiting from repeated leaks of conf...

Madrid: Spain's high court on Tuesday ordered that a 17-year-old student suspected of having links to the militant Islamic State group and of planning to attack his high school be held on remand at a youth detention centre for at least six months. The student, a Syrian national, was arrested early on Monday in the southern town of Montellano near Seville, and has been charged with belonging to a terrorist organisation and possessing explosives. Jose Luis de Castro, the judge in charge of the court's section for minors, said in his order that "these felonies of enormous gravity" justified the pre-trial detention.

Over the past decade-and-a-half, I’ve had the good fortune of having witnessed India’s rapid digitization from the sidelines. As exciting as it has been to see this transformation from up close, I’ve felt a mild sense of unease about what will happen if things go wrong. Given how frustratingly analogue our dispute resolution process is, it will matter little that we have streamlined our commercial interactions if we still settle disagreements the old-fashioned way.

court on Tuesday allowed Congress leader and industrialist Naveen Jindal, accused in three cases related to alleged irregularities in the allocation of coal blocks, to travel to several countries, including the US, UK, Italy and Spain, from February 1 to 20. Special Judge Arun Bhardwaj allowed Jindal's application, noting he had travelled abroad several times in the past and returned to India to face trial within the stipulated period.

A case before the Supreme Court over an obscure fishing regulation could be devastating to the SEC’s ability to make new regulations and enforce the ones already on its books.

CBI and West Bengal police to probe an attack on ED officials at Sandeshkhali, a lawyer representing the agency said on Tuesday. The appeal has been listed for hearing before a division bench presided by Chief Justice T S Sivagnanam on Wednesday.

U.S. Supreme Court gave the go-ahead for Border Patrol agents to temporarily take down razor-wire fencing along the Texas-Mexico border. This fencing, set up by Texas to prevent illegal crossings, was causing a legal tug-of-war. Let's break it down for you. Texas installed razor-wire fencing along the Rio Grande as part of a plan called Operation Lone Star, led by Governor Greg Abbott. They aimed to stop people from illegally crossing the border. However, the Biden administration wasn't happy with it and took the matter to court.

Animal. This follows a resolved dispute between co-producers CINE 1 Studios Private Limited and T series. They had a legal tangle over alleged contractual breaches.

By Nate Raymond

A federal appeals court has ordered the appointment of an independent examiner in the bankruptcy case of FTX amid concerns about widespread fraud preceding the collapse of the multibillion-dollar cryptocurrency exchange.

Toronto Dominion Bank have until the end of the week to legally opt out of a nearly $16-million class-action settlement.Toronto law firm Koskie Minsky LLP reached a proposed settlement with TD Bank over non-sufficient funds (NSF) fees back in August 2023.The case was certified as a class action by the Ontario Superior Court of Justice on Dec. 7, 2022.If the court approves the settlement at a hearing on Feb.

All too often, separated couples go to great lengths to minimize or hide assets that would otherwise be divided in a divorce. When those efforts are deemed to be in “bad faith,” the cost orders imposed by courts can make the financial pain much worse.

The Ontario Securities Commission‘s director of enforcement will be leaving the capital markets watchdog at the end of February after seven years in the job, according to sources who were briefed on his departure.

SEC) on Monday defended its authority to oversee certain cryptocurrency assets in court, as Binance urged a federal judge to dismiss the regulator's case against the world's largest crypto exchange. Monday's hearing over Binance's request marked the second closely-watched courtroom battle in less than a week that could help define the U.S. securities regulator's jurisdiction over the crypto sector. Last week, Coinbase and the SEC clashed over similar questions.

Sony Group's decision to call off its deal with Zee Entertainment Enterprises and seek a termination fee of $90 million (Rs 748 crore) is likely to trigger a messy legal war, with both companies filing cases against each other in multiple judicial forums, lawyers said. After this announcement, both parties can approach an arbitration tribunal as per their contractual agreements, or a high court for any interim relief, they said. On Monday, Zee informed stock exchanges that Sony Group companies Culver Max Entertainment and Bangla Entertainment terminated the merger co-operation agreement and invoked arbitration to get several reliefs. After the approval of the scheme by the National Company Law Tribunal, any dispute relating to changes in the key terms of the merger scheme shows that there are attempts to seek more than what the parties had already agreed under the deal, said Ashish Pyasi, partner of law firm Aendri Legal. «As the parties have already exercised their negotiation option as per the agreement and are now opting for an arbitration dispute, then the termination of the agreement can also be challenged on grounds including non-performance of any conditions of the agreement before the arbitral tribunal,» said Pyasi. «In such an event, the tribunal will decide the issues after considering all the facts to see whether the respective terms have been complied with or not, and whether there is a breach of the agreement or not as alleged.»

Zee Entertainment Enterprises CEO & MD Punit Goenka and the promoter family he belongs to from continuing to call the shots with a tiny equity stake, if other shareholders in the company once again choose to give him a long rope. Our Bureau explains: Will that change? So far, it hasn't and chances are it won't — at least for some time.

An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday.