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Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion

The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

elon musk sues wachtell law firm: Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout

Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44-billion buyout of the social media company.The complaint by Musk's X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the October 27, 2022 deadline to buy Twitter, a huge "success" fees doled out by departing…

‘The Flash’ Box Office Projections Predict It’ll Fail to Recoup Its Marketing Budget

Image via Warner Bros. Whether you’re a DC fan who wished this final outing for the SnyderVerse couldn’t been better or someone who actually loved it, it’s hard to take any pleasure from the way The Flash is tanking hard at the box office — unless you’re General Zod, that is. Every new unwanted record or embarrassing low the movie reaches feels like something being not just kicked when it’s already down but trampled over by a herd of elephants. Following on from slumping to fourth place in the charts in record…

Crypto Winter is Over and InQubeta is your Chance to Recoup 2022 Losses

Since the crypto winter is over, investors worldwide are searching for profitable and beneficial cryptocurrencies. Several cryptos have been projected as the best crypto investments on the DeFi market by crypto analysts around the world. Out of these cryptos, InQubeta’s unique ecosystem helps it stand out.  InQubeta (QUBE) is a new crypto platform that leverages Web3 technology to allow artificial intelligence (AI) startups to raise funds to develop their products. InQubeta is one of the best cryptos to buy now due to…

Gwyneth Paltrow denied bid to recoup attorney’s fees in ski crash lawsuit

By Sam Metz | Associated Press SALT LAKE CITY — Gwyneth Paltrow will not recoup the attorneys’ fees she paid to successfully defend herself against a lawsuit from a 76-year-old retired optometrist who claimed she was at fault for crashing into him at a posh Utah ski resort in 2016. In a final judgment published on Saturday, a Utah judge affirmed the jury’s unanimous verdict finding Terry Sanderson — the man who collided with Paltrow — to be “100% at fault,” awarding Paltrow the $1 she sought in a countersuit, and leaving…

Colorado-based IHS Markit sues insurer to recoup COVID business losses

Huge financial losses are among the lingering effects of the COVID-19 pandemic, and Colorado businesses and public institutions are among those suing their insurance companies to get some relief. However, experts say the courts might not be a cure. IHS Markit in Centennial, which provides analytics and information to governments and financial markets, is suing the global insurance company Chubb, or the Great Northern Insurance Co., for more than $100 million in losses because of the pandemic. IHS Markit said in a lawsuit…

FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations

Sam Bankman-Fried and FTX doled out millions in charitable donations. Now, new management is asking for it back.Some of the money, however, has already been spent, and the gifts flowed through myriad sources and agreements that are proving difficult to tally.  Mr. Bankman-Fried, FTX and its affiliates used stolen customer money to pour billions of dollars into risky wagers that imploded, according to federal prosecutors and regulators. The company collapsed into bankruptcy in November.…

LUNA Classic And Terra (LUNA) Investors Opt For These Coins To Recoup Losses

Terra (LUNA) and LUNA Classic (LUNC) have started the weekend on a downtrend, with the charts showing a +3% decline for these coins. In fact, the last 7 days’ performance also shows that these coins have been declining, the same as the past 30 days’ performance. This plummeting is the reason most Terra (LUNA) and LUNA Classic (LUNC) investors have been adding other coins to their portfolios. These investors have been adding most of the mooning coins to try to recoup their losses on LUNA and LUNC. Bitgert…

Companies Under Growing Pressure to Recoup Executive Pay

Before the Securities and Exchange Commission adopted a new rule last week on clawing back executive pay, the agency and federal prosecutors had begun ramping up efforts to recoup compensation from top executives whose companies run afoul of accounting rules or the law.The new SEC rule will require companies to try to recover incentive pay from executives after significant financial-statement errors, even where no misconduct occurred. But the agency already has been more aggressive about using existing powers to pursue…