Court news and trends

Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages
Legal // April 07, 2020

A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. In a 2-1 decision on Tuesday (April 7),...

Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale
Partnerships / Acquisitions // April 02, 2020

Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as planned — enough to request such from a judge. The deal agreed upon earlier this year called for 1-800-Flowers, which sells...

European Court Ruling Could Crimp Airbnb Rentals
Legal // April 02, 2020

A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing international battle that pits local authorities across continents against property owners and Airbnb-style services seeking to use their properties for...

Civil Rights Group Wants Halt To Israeli Cellphone Monitoring For Virus
Coronavirus // March 19, 2020

Activists for human rights and civil liberties have asked Israel’s top court to put a stop to cellphone monitoring by the state that was implemented to help slow the coronavirus from spreading further in the country, according to a report by Reuters. The country is...

Quick Reads
FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing

November 22, 2022
New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously identified — as the beleaguered firm heads to U.S. bankruptcy court. According to published reports Tuesday (Nov. 22), court filings show that advisory firm Alvarez & Marsal — assigned to […]

Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages

April 07, 2020
A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great...

Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale

April 02, 2020
Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as planned — enough to request such...

European Court Ruling Could Crimp Airbnb Rentals

April 02, 2020
A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing international battle that pits local...