News Archives
Banks Tied to 1983 Terror Attack Must Give Victims $1.68 Billion
Bloomberg Law – Victims of the 1983 attack on a US Marine barracks in Beirut, Lebanon, got closer to recovering their $1.68 billion judgment against Iran for sponsoring the attack, when a federal court ordered two financial institutions to turn over funds held for Iran.
Thu Mar 23, 11:46am Share on Social Media
U.S. judge orders $1.68 bln payout to families over 1983 Beirut bombing
Reuters / Order – A federal judge in New York ordered Iran’s central bank and a European intermediary on Wednesday to pay out $1.68 billion to family members of troops killed in the 1983 car bombing of the U.S. Marine Corps barracks in Lebanon.
Wed Mar 22, 5:50pm Share on Social Media
Column: Adani Group threatens, but Hindenburg Research rarely sued in U.S.
Reuters – In the midst of a market rout last week that stripped Indian conglomerate Adani Group of $65 billion in market capitalization, Adani announced that it was contemplating “remedial and punitive action” against Hindenburg Research, the short seller whose scathing Jan. 24 report sparked the sell-off.
Thu Feb 2, 1:13pm Share on Social Media
Appellate Division Unanimously Affirms Dismissal of Suit Against Rekor Director
Order – The First Department Appellate Division unanimously affirmed the dismissal of a breach of fiduciary duty and libel action argued by Fleischman Bonner & Rocco, LLP Partner James P. Bonner in Suzanne Loughlin, et al. v. Paul de Bary, Index No. 155590/20, Case Nos. 2022-01948; 2022-04110. The decision, affirming […]
Thu Jan 26, 12:00pm Share on Social Media
Court Grants Final Approval of Class Action Settlement
Transcript – Warren County Supreme Court justice Martin D. Auffredou granted final approval of a class action settlement totaling $1.2 million between Sagbolt, LLC and a certified class consisting of wait staff who worked events at the Sagamore Resort. The settlement comes after nearly five-years of litigation. At the final […]
Fri Jan 20, 2:00pm Share on Social Media
2nd Cir. Tosses Ex-Rekor Execs’ Libel Suit Against Director
Law360 / Order – A panel of judges on the U.S. Court of Appeals for the Second Circuit has permanently dismissed a libel and breach of fiduciary duty case brought by former Rekor Systems, Inc. executives against a company director…
Mon Oct 17, 3:48pm Share on Social Media
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