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TOP NEWS
POLICY & REGULATION
LITIGATION
Fund Manager Challenges Chancery's Congo Palm Oil Ruling
By Jarek Rutz
An investment fund manager and three affiliated entities urged the Delaware Supreme Court Wednesday to overturn a ruling that stripped them of interests in a Congolese palm oil business, arguing it handed fellow investor Kuramo Capital Management LLC an enormous windfall, while Kuramo defended the unusual remedy as necessary to protect its investment from the manager's misconduct.
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Marex Says Developer Sank CME Ventures Investment Deal
By Celeste Bott
Financial services firm Marex Capital Markets and two of its executives have sued a British software developer in Illinois federal court, alleging the developer sabotaged a potential investment by CME Group's venture capital arm in Marex's options-trading platform by secretly accusing them of stealing trade secrets, committing fraud and violating exchange rules.
Complaint attached |
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Stiiizy Affiliate Sues Over Cannabis Shop Control
By Jonathan Capriel
A Stiiizy-affiliated investment company is asking a Los Angeles state court to declare it owes nothing to a minority owner of a San Francisco dispensary that finds itself in the red, according to a lawsuit that also accuses him of engaging in a power grab that could jeopardize the shop's cannabis license.
Complaint attached |
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BANKRUPTCY
LEGAL INDUSTRY
FBI Says Fired Agents Acted In Politicized Manner
By Aneeta Mathur-Ashton
Lawyers for the government argued in a Washington, D.C., federal court Wednesday that an unfair firing suit from two former FBI agents should be tossed because they worked in a politicized manner on the "Arctic Frost" investigation into President Donald Trump's attempts to overturn his 2020 election loss.
Motion attached |
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