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PAPER: Jay Z ‘secret son’ accuses rapper of abusing legal system to avoid paternity test…

“THE “secret son” of Jay Z has accused the rapper of using his fame and wealth to avoid taking a paternity test for more than EIGHT years” writes Emma Parry for thesun.co.uk. Then, court papers allege, lawyers for Rymir’s side secretly colluded with lawyers for Jay Z, 48, causing procedure problems that caused the case to be thrown out of Philadelphia courts. Source: thesun.co.uk Share This:

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Live Nation Shareholder Sues Over Executive Bonus Accounting

“Billboard reached out to officials with Live Nation, who provided an explanation for the bonus payouts and clarified some accounting issues, but did not comment on the lawsuit” writes Taylor Mims for billboard.com. The complaint also asks that those who received compensation based on the 2017 AOI return the compensation to Live Nation or forfeit it.When the $110 million paid for Songkick in a legal settlement is added back to the 2017 AOI, Live Nation reached a $727.2 million AOI for 2017.Live Nation shareholder Shiva Stein  filed a federal civil…

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Government ends investigation of salmonella-contaminated kratom

“The government has ended its investigation of salmonella illnesses that federal officials linked to the herbal supplement kratom” writes Rocky Mountain Laboratories for washingtonexaminer.com. As a result, they believe that multiple retailers were selling kratom that was contaminated, and the investigation resulted in several recalls from distributors. FDA has issued reports about deaths associated with kratom, though supporters of keeping the drug legal for research purposes note that the death certificates often mention the possible involvement other drugs. Source: washingtonexaminer.com Share This:

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Teenager who killed rapist husband appeals death sentence

“Activists who have been supporting her in her legal process cautioned that, despite the appeal against her conviction and death sentence, it could take months for the appeal court to rule” writes Zeinab Mohammed Salih for theguardian.com. The legal team working on behalf of 19-year-old Noura Hussein, whose case has become an international cause celebre, had until Thursday to file an appeal to the death sentence handed down by a Sudanese court 15 days ago.When he attempted to rape her again the following day, she stabbed her husband to death…

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Crypto Markets News 

A federal prosecutor appointed by George W. Bush has been hired by crypto exchange Kraken …

“Kraken made headlines recently for refusing to participate with the New York Attorney General’s April inquiry into cryptocurrency exchanges” writes Frank Chaparro for businessinsider.com. The San Francisco-based firm has hired Mary Beth Buchanan, a former federal prosecutor appointed by President George W. Bush, as its general counsel.The AG’s office asked 13 cryptocurrency exchanges, including Kraken, to share information regarding market manipulation and investor protections.Outside of the AG’s inquiry, a number of legal question hang over cryptocurrency exchanges, incuding how they should be regulated. Source: businessinsider.com Share This:

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GOP leaders scramble for deal to avoid immigration vote showdown

“When it returns on June 5, Ryan will call a GOP meeting to discuss immigration, a GOP leadership aide said” reports washingtonexaminer.com. It would put limits on legal immigration, toughen border security, and require employers to use the E-Verify system.Erik Paulsen, R-Minn., on Wednesday became the 204th person to sign on to a discharge petition on immigration reform.Republican leaders are rushing to find an immigration bill that Republicans can support, in order to avoid a forced vote next month on a series of bills that include language supported by Democrats. Source:…

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Here’s the first deal of the legal sports betting era: Paddy Power Betfair is buying FanDuel

“Now we have the first result of that deal: Paddy Power Betfair, a U.K.-based sports-betting heavyweight, is buying FanDuel, a big fantasy sports operator” writes May Edt for recode.net. FanDuel had revenue of $124 million last year, and Paddy Power’s U.S. group had revenue of $141 million.It pairs someone who already handles legal sports gambling with someone who has a big digital footprint in the U.S. sports market.It is now likely worth much less than that, though the terms of the deal don’t lay out a precise value for the…

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Crypto News 

The Marshall Islands replaces the US dollar with its own cryptocurrency

“The Marshall Islands made its own cryptocurrency, doing away with the US dollar” writes May Edt for theverge.com. In February, top officials from the Marshall Islands confirmed that the Pacific republic would issue its own cryptocurrency to be circulated as legal tender.The Marshall Islands is a United Nations member and a sovereign state, creating a larger impact for banks globally.The Marshall Islands’ population is 53,066, so the change doesn’t affect many, but it is significant for citizens of the islands because banks and credit card companies will need to begin…

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Montgomery Council adds legal aid for immigrant defense to proposed budget

“Leggett wanted to spend $48 million on a design-build-maintain contract to remediate roughly 530 acres of storm water runoff” reports washingtonpost.com. The council did not change its stance on a separate budget provision that would keep storm water management mostly in-house.This particular action does that.” The item is part of the county’s 2019 budget, which the council is scheduled to approve Thursday.Leggett spokesman Patrick Lacefield said the county executive will issue a rare line-item veto of the storm water management funding when the council sends the budget over. Source: washingtonpost.com Share…

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Airbus says obeying WTO subsidy verdict as sanctions loom

“The EU says it expects to strike a similar legal blow later this year in a parallel WTO case about U.S. support for Boeing, raising the prospect of a tit-for-tat sanctions battle” reports businessinsider.com. Tuesday’s pledge of compliance by Airbus does not necessarily mean the dispute is over.The move comes days after the United States won a partial victory against European Union support for Airbus at the WTO, clearing the way for possible U.S. sanctions in a 14-year-old dispute over claims of illegal handouts for planemakers.Karl Hennessee, senior vice president…

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