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With no merger deal, failed SPAC faces lawsuit over legal fees
(Reuters) – Law organization White & Situation has sued a distinctive objective acquisition firm for much more than $8.2 million in authorized service fees, boasting it stiffed the business right after failing to consummate a prepared $480 million merger and then announcing designs to wind down this month. New York-founded White & Situation sued former client Colonnade Acquisition Corp II and its administrators in New York point out courtroom late Monday, arguing the organization will be “irreparably harmed” if the blank-examine enterprise liquidates and dissolves before spending the service fees it owes. Blank-check company Colonnade, led by buyers Joseph Sambuco and Remy Trafelet, elevated $300 million in an IPO and…
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Failed Georgia Bill Could Still Impact Child Custody Issues, According to Atlanta Family Law Attorney Regina Edwards
Edwards Spouse and children Legislation Ga lawmakers are reconsidering controversial legislation that has the opportunity to substantially change the state’s tactic to child custody. ATLANTA, GA, UNITED STATES, March 1, 2023 /EINPresswire.com/ — Regina Edwards, an Atlanta boy or girl custody legal professional with Edwards Family Legislation, states that the bill could negatively have an impact on the interests of youngsters in Ga divorce cases. Residence Monthly bill 96, which was introduced by Agent Jasmine Clark, seeks to make a presumption of equal lawful and actual physical custody for the two dad and mom in the event of a divorce. The legislation has unsuccessful twice given that its first introduction…
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Failed crypto exchange FTX has recovered over $5 bln, attorney says
FTX valued a calendar year ago at $32 bln Around $8 billion in FTX purchaser cash missing Prepare to promote FTX affiliates introduced in court docket NEW YORK/WILMINGTON, Del., Jan 11 (Reuters) – Crypto trade FTX has recovered additional than $5 billion in liquid property but the extent of shopper losses in the collapse of the company launched by Sam Bankman-Fried is even now mysterious, an legal professional for the enterprise explained to a U.S. personal bankruptcy court docket on Wednesday. The corporation, which was valued a yr back at $32 billion, filed for bankruptcy security in November and U.S. prosecutors accused Bankman-Fried of orchestrating an “epic” fraud that may…
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U.S. Attorney’s Office Resolves ADA Complaint After Local Law Office Failed to Provide ASL Interpreter | USAO-EDMI
DETROIT – The United States Attorney’s Place of work for the Eastern District of Michigan settled a grievance regarding the failure of a neighborhood regulation office environment to present cost-free American Indication Language (ASL) interpretation solutions for a consumer who is deaf, in violation of the Us citizens with Disabilities Act (ADA). The settlement arrangement resolves an investigation into the Julie B. Griffiths Legislation Business (now the Law Business of Griffiths & Prepared), a relatives regulation practice located in Flint, Michigan. The complainant, who is deaf and whose major language is ASL, alleged that they were continuously denied requests for an interpreter during the training course of their representation. ASL…
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Tom Brady pushed FTX, then the crypto firm failed. Should he pay up?
Comment on this story Comment When Michael Livieratos saw quarterback Tom Brady in a commercial for the cryptocurrency trading platform FTX, he knew exactly where he wanted to put his $30,000 crypto investment. “As a New England Patriots fan my entire life, you can imagine the influence that Tom Brady would have,” said Livieratos, a 56-year-old legal clerk who lives in Connecticut. He soon moved nearly all his money from another crypto exchange to FTX. Then FTX filed for bankruptcy in a spectacular collapse that vaporized at least $10 billion in assets, according to bankruptcy filings, including all the money Livieratos had on the platform. Now he is a plaintiff…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6V4H3BQMQJMRHNVD2NWJLEJGZM.jpg?w=1140&resize=1140,0&ssl=1 "With no merger deal, failed SPAC faces lawsuit over legal fees")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ORSXMRVTNZMA3JH3C5T7JGKP5A.jpg?w=1140&resize=1140,0&ssl=1 "Failed crypto exchange FTX has recovered over bln, attorney says")
