Former banking middleware firm Synapse Financial Technologies Inc.'s Chapter 11 has been dismissed by a California bankruptcy judge after the debtor said it didn't have the funds to try to sell its assets again.
Former banking middleware firm Synapse Financial Technologies Inc.'s Chapter 11 has been dismissed by a California bankruptcy judge after the debtor said it didn't have the funds to try to sell its assets again.
Four United States nationals and one Ukrainian have pled guilty in federal court to scheming with North Korea to help its citizens illegally secure remote information technology jobs with U.S. companies, the Department of Justice said Friday.
Mawson Infrastructure Group has accused its former CEO in Delaware's Chancery Court of concealing the bitcoin mining company's deteriorating finances and the collapse of a key prospective contract so he could secure board approval for a bonus worth about $2.6 million.
U.S. Securities and Exchange Commission Chairman Paul Atkins said Friday morning that his agency is working to rein in large institutional asset managers like BlackRock and Vanguard that "get out of line" by trying to influence management decisions.
An Oklahoma federal court has ordered the co-founder of a cryptocurrency investment firm to serve five years in prison and pay more than $1.1 million for his role in a fraud conspiracy that involved making false promises of returns to thousands of investors via social media posts.
Stanford Federal Credit Union has asked a federal judge to toss claims alleging it failed to reasonably investigate fraud allegations by a couple who claim they lost $600,000 in a so-called pig butchering investing scam, arguing the wire transfers are outside the Fair Credit Billing Act's scope.
This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.
Brooklyn, New York-based Teamshares announced Friday that it will join the Nasdaq Composite through special purpose acquisition company Live Oak Acquisition Corp. V with a $746 million valuation.
Thirty-two states and the District of Columbia have enacted Article 12 of the Uniform Commercial Code, providing the alternative to perfection by control of assets like cryptocurrency and nonfungible tokens, but before accepting these assets as collateral, lenders and creditors should consider how to best maintain priority, say attorneys at Miller Nash.
Enabling artificial intelligence agents to handle not just research and recommendations, but the execution of purchases themselves, fundamentally alters commercial relationships and introduces new practical and legal questions for card issuers, merchants, acquirers and consumers, say attorneys at Davis Wright.
The merger announced Monday between British legal giant Ashurst LLP and American law firm Perkins Coie LLP is the latest in a spate of deals driven, in part, by an appetite among global firms to gain a strong presence in the U.S.
Holland & Knight LLP has forfeited a malpractice lawsuit in Alaska by refusing to turn over information to a Native American tribal corporation, with a state judge entering a default judgment as a sanction and calling the firm's conduct "a head scratcher" and "astounding."
A Virginia federal magistrate judge Monday ordered the disclosure of all grand jury materials related to the indictment of former FBI Director James Comey, saying government misconduct may have tainted the grand jury proceedings.
A newly released legal opinion from the U.S. Department of Justice says the Trump administration is allowed to detail military lawyers to serve as immigration judges and special assistant U.S. attorneys in the District of Columbia.
Sen. Tammy Baldwin, D-Wis., accused President Donald Trump on Monday of skirting the process to nominate U.S. attorneys in Wisconsin with his pick of a failed Wisconsin Supreme Court candidate for the office that covers Milwaukee.
The Delaware Chancery Court and Delaware Supreme Court last week had a dense slate of fiduciary duty battles, merger-process challenges, post-bankruptcy fights and a series of cases probing the limits of fraud pleading, credible-basis inspections and board-level disclosure duties.
The Law School Admission Council is continuing its push to toss a proposed class action accusing it of fixing application fees with its member schools, saying in a Pennsylvania federal court filing last week that the applicant's opposition to its dismissal motion "entirely fails to engage with the incoherence at the core of his case."
Melissa Holyoak left the Federal Trade Commission on Monday to become Utah's interim U.S. attorney, leaving the FTC down to two commissioners, both Republicans, in the Trump administration's latest use of interim U.S. attorney appointments.
