Hints and tips:
Related Special Reports
...As a young man in the early 1980s, he ran twice, unsuccessfully, for Congress in Connecticut. In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
...Two non-profits are currently embroiled in litigation with AIG over some of the assets that Blackstone is buying: RiseBoro Community Partnership, which operates 35 of the disputed units on Brooklyn’s Stockholm...
...But costs have since collapsed, with some lidar groups including Velodyne, Aeva and Luminar partnering with carmakers to build units at scale for less than $1,000 each....
...Bear in mind that this in an exercise that has been dubbed a “DEFCON 1 litigation event” by the New York Fed’s chief legal counsel Michael Held and “a bigger problem than Brexit” by various lawyers and bankers...
...The blow-up marks a surprising denouement to four years of litigation that tested new enforcement powers conferred on the derivatives markets regulator by the 2010 Dodd-Frank financial reform law....
...We’re asking the court to step in based on clear evidence that Uber is using, or plans to use, our trade secrets to develop their Lidar technology, as seen in both circuit board blueprints and filings in...
...“We’re making all of our own stuff, from the chip level up,” Mr Russell says....
...“Travis [Kalanick] and I have decided that I will be recused from all Lidar-related work and management at Uber, through the remainder of the Waymo litigation,” he wrote, referring to a laser sensor that...
...In February, in response to the Delaware Supreme Court’s decision, Zynga’s board set up a “Special Litigation Committee” consisting of two new board members, Janice Roberts and Carol Mills....
...These include groups such as Delphi, Bosch, Continental, and Mobileye, as well as lidar makers such as Velodyne and Quanergy....
...Steven Kandarian, MetLife’s chief executive, told the Financial Times: “We’re not contesting the law. We’re simply contesting the application of the law as it applies to MetLife.”...
...‘The allegations by Mr Budde were previously raised with Lehman Brothers Holdings Inc and its non-management directors in the spring of 2008....
...The rating agency said that the bank faced challenges in re-engineering itself – including added costs from litigation – and that it was constrained by regulators....
...Meanwhile, as the counterparty to the swap transaction might buy the underlying stock to hedge its exposure, there is also the potential to entangle a bank trading desk as as a concert party in any litigation...
...The bank suspended those plans a few months later in the wake of roughly $7bn in derivatives losses sustained by its trader nicknamed the “London Whale”....
...But we’re willing to be punished for what we’ve done wrong.” The regulation, the litigation and the anaemic recovery have combined to produce a sharp sell-off in bank stocks....
...However, this ruling could prompt legislative action or other litigation in the US to re-examine the ‘flip’ clause issues in that jurisdiction....
...The CBOE has filed a petition for a “declaratory judgment” from an Illinois federal court in an attempt to pre-empt litigation from the ISE that could re-ignite a five-year-old case in which the ISE sued...
...“But with the caveat that the dollars they’re spending on litigation are being watched closely.”...
...“We’re just seeing the beginning. We will see a number of lawsuits filed in the coming weeks and this will continue.”...
...Mr Ehrmann said: “We are feverishly trying to secure agreement for our plan to avoid falling into costly litigation that will eat in to creditor recoveries.”...
...Currently, there are numerous disputes concerning derivative transactions between banks and their clients at various stages of litigation and a significant source of earnings to litigation lawyers....
...Simon Firth, a Linklaters derivatives partner, had spent much of his career advising people about what would happen if a leading bank became insolvent....
...Interdealer brokers say they are intermediaries in the OTC markets, and bring together buyers and sellers similar to the way a stock or derivatives exchange does with on-exchange contracts....
...The contracts that govern some derivative deals, for example, allow for what happens when one side of a contract defaults....
International Edition