Bill Hwang, the Archegos Capital Management founder accused of saddling banks with $10 billion of losses from highly leveraged trades that went sour, will go on trial in October of next year on racketeering and fraud charges, a U.S. judge said on Thursday. Hwang was arrested in April and pleaded not guilty to charges related … Continue reading Archegos founder Bill Hwang to face trial in October 2023
Tag: court
Boy Scouts to exit bankruptcy after $2.46bn ‘sex abuse compensation’
The Boy Scouts of America secured approval of a $2.46 billion reorganization plan from a bankruptcy judge on Thursday that will allow the youth organization to exit Chapter 11 and settle decades of claims by more than 80,000 men who say they were abused as children by troop leaders. U.S. Bankruptcy Judge Laurie Selber Silverstein … Continue reading Boy Scouts to exit bankruptcy after $2.46bn ‘sex abuse compensation’
Katie Price gets court pardon due to lack of evidence
Two charges against Katie Price, including one of speeding, have been dismissed. The two charges were heard at a case management hearing at Crawley Magistrates’ Court on Monday, where they were dismissed as “no evidence was offered”. The 44-year-old former glamour model had been charged with one count of exceeding the 60mph speed limit on 13 … Continue reading Katie Price gets court pardon due to lack of evidence
An American and Chinese officials charged for espionage
The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged with spying on Chinese dissidents, human rights leaders and pro-democracy activists residing in the U.S. New York resident Wang Shujun, 73, is accused of using his position in the Chinese diaspora and dissident communities to collect information … Continue reading An American and Chinese officials charged for espionage
Court approves bail for father and son who allegedly killed a ‘trespassing’ 12-year-old boy
Pretoria, South Africa - The Vereeniging Magistrates' Court on Thursday released a man a and his son on R20 000 bail each after allegedly killing a 12-year-old boy for breaking into their car dealership in De Deur, Johannesburg. National Prosecuting Authority (NPA) regional spokesperson Lumka Mahanjana said Shafic Ismael, 64, and Bilal Ismail, 39, are … Continue reading Court approves bail for father and son who allegedly killed a ‘trespassing’ 12-year-old boy
Johnny Depp’s lawyer reveals famous actor has one regret
Johnny Depp's lawyer Camille Vasquez has told a court the Hollywood actor will go to his grave knowing some people will always "believe he abused a woman". The “Pirates of the Caribbean” star and his ex-wife Amber Heard are facing off in court in a multi-million dollar libel trial in Fairfax, Virginia, after Johnny sued … Continue reading Johnny Depp’s lawyer reveals famous actor has one regret
All suspects found guilty in Ahmaud Arbery’s murder
A jury on Wednesday found all three suspects guilty in the murder of Ahmaud Arbery, a 25-year-old Black man who was chased and shot while running in February 2020. The big picture: Prosecutors only pursued the case after a video of the killing went viral in May 2020 sparking a national outrage. The case preceded the murder of … Continue reading All suspects found guilty in Ahmaud Arbery’s murder
Iran: Former Central Bank Governor sentenced to prison
The former governor and several former officials in Iran’s central bank have been sentenced to prison for illegal practices in managing the country’s tumultuous foreign currency market under United States sanctions. Valiollah Seif, who led the troubled central bank for almost five years until his sacking in July 2018, was sentenced to 10 years in … Continue reading Iran: Former Central Bank Governor sentenced to prison
Texas Court acquits doctor accused of stealing COVID-19 vaccine
A Texas grand jury has declined to indict a former health department doctor who was accused of theft because he took nine doses of Moderna COVID-19 vaccine that were about to expire and gave them to acquaintances and friends. Hasan Gokal, MD, was fired from his job and charged with theft by a public servant. A judge … Continue reading Texas Court acquits doctor accused of stealing COVID-19 vaccine
Facebook wins lawsuit by the US government and a coalition of states
Facebook Inc. won the dismissal of two antitrust cases filed by the federal government and a coalition of states when a judge threw out the lawsuits. The social media platform shares rose. U.S. District Judge James Boasberg in Washington on Monday granted Facebook’s request to dismiss the complaints, filed last year by the U.S. Federal … Continue reading Facebook wins lawsuit by the US government and a coalition of states
COVID-19: Why FCT Abuja court closed Wuse market
For violating COVID-19 guidelines and also harboring a man who allegedly obstructed the operations of the Enforcement Task force, an Abuja Magistrate Court on Wednesday sealed off a business premises inside the popular Wuse Market. The sealed hair dressing saloon, in shop 1, Block B25, at the time of the seal off operation was packed … Continue reading COVID-19: Why FCT Abuja court closed Wuse market
Court denies Prince Harry’s outrageous demand
A High Court judge has criticised Prince Harry at the end of his successful legal action against the Mail on Sunday. The Duke of Sussex’s legal team was granted permission to make a personal statement in court but the judge ruled the costs they demanded were too high and the original draft statement they submitted was … Continue reading Court denies Prince Harry’s outrageous demand
Sowore: Court asks DSS to release the activist from jail
Justice Taiwo Taiwo on Tuesday ordered asked the Department of State Service to release Omoyele Sowore on bail. The judge made the ruling after listening to the argument of Sowore's lawyer, Femi Falana (SAN) and the prosecuting counsel. The judge, as part of bail conditions, asked Sowore to drop his passport with the court within … Continue reading Sowore: Court asks DSS to release the activist from jail
Man on life sentence for stealing $50 gets pardon after 36 years
More than three decades ago, Alvin Kennard was given a life sentence without parole for robbery. Kinnard, then just 22 years old, has stolen $50.70 from a Bessemer bakery. Kennard has served 36 years of that life sentence, and Wednesday appeared in court for a hearing to change his sentence to life with parole, and … Continue reading Man on life sentence for stealing $50 gets pardon after 36 years
Dad kills a doctor to avenge death of his newborn
A bereaved father whose newborn daughter died at a hospital in Shandong province, China, has been sentenced to death for taking the life of a medical doctor who handled the toddler’s treatment. According to China Daily, the 30-year-old murderer received his death sentence at Laiwu International People’s Court. Chen Jianli was charged with intentional homicide … Continue reading Dad kills a doctor to avenge death of his newborn
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