legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

VirnetX Takes $503M Bite Out Of Apple For Patent Infringement
VirnetX Takes $503M Bite Out Of Apple For Patent Infringement
November 03, 2020  |  Apple

There’s a new development in a decades old lawsuit after a jury in Tyler, Texas, ordered Apple to pay $502.8 million in royalties for infringing...

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Privacy Law Update Would Give Californians More Control Over Data
Privacy Law Update Would Give Californians More Control Over Data
November 03, 2020  |  Politics

Voters in California, who backed a far-reaching digital privacy law two years ago, are now facing a war of words over a ballot measure that...

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Former Wirecard CFO Free For Now As German Probe Continues
Former Wirecard CFO Free For Now As German Probe Continues
November 02, 2020  |  Legal

The former chief financial officer of Wirecard, the insolvent and scandal-plagued German payments processor and financial services provider, is now a free man, temporarily at...

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Legal Fees, New Regulation Costs Could Impact Apple’s Bottom Line, Company Report Says
Legal Fees, New Regulation Costs Could Impact Apple’s Bottom Line, Company Report Says
November 01, 2020  |  Apple

In Apple‘s annual report, the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations...

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Report: Amazon Alleges India’s Future Retail Breached Its Contract
Report: Amazon Alleges India’s Future Retail Breached Its Contract
November 01, 2020  |  Amazon

Amazon, which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries, has asked...

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Judge Orders Insurer To Pay Restaurant For COVID Losses
Judge Orders Insurer To Pay Restaurant For COVID Losses
October 29, 2020  |  Legal

A North Carolina judge has ruled that an insurance company that sold business interruption coverage to the owners of two high-profile restaurant groups in the...

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Walmart Chile Sued By Association Of Suppliers
Walmart Chile Sued By Association Of Suppliers
October 29, 2020  |  B2B Payments

The Chilean unit of Walmart Inc. has been sued in Chile by suppliers alleging anti-competitive practices, Reuters reported. Get the Full Story Complete the form...

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EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
October 29, 2020  |  ANTITRUST

The European Union’s (EU) second-highest court ruled that Facebook can’t be forced to turn over sensitive information without a review. Instead of handing everything over,...

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Saks Fifth Avenue Lender Looks To Foreclose On Miami Store
Saks Fifth Avenue Lender Looks To Foreclose On Miami Store
October 27, 2020  |  Retail

The pandemic has pounded traditional retailers. Landlords and lenders involved with properties ranging from large malls to urban shopping areas are sizing up their options...

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