News 

Jury finds that Apple has infringed on three Qualcomm patents and awards $31M to the wireless chip maker in a lawsuit that was filed in July 2017 in San Diego

“One disputed Qualcomm patent covers technology that lets a smartphone quickly connect to the internet once the device is turned on” writes Richard Nieva for cnet.com. The dispute, over Qualcomm’s patent royalties with Apple, involves billions of dollars and will be a crescendo in the tech giants’ wide-ranging legal saga.Apple violated three Qualcomm patents and should pay the chipmaker $31 million for infringing on its technology, a jury decided Friday, giving Qualcomm momentum as it heads into another legal skirmish with the iPhone maker next month. Source: cnet.com

Read More
News 

pay the chipmaker $31 million for infringing on its technology

“One disputed Qualcomm patent covers technology that lets a smartphone quickly connect to the internet once the device is turned on” writes Richard Nieva for cnet.com. The dispute, over Qualcomm’s patent royalties with Apple, involves billions of dollars and will be a crescendo in the tech giants’ wide-ranging legal saga.Apple violated three Qualcomm patents and should pay the chipmaker $31 million for infringing on its technology, a jury decided Thursday, giving Qualcomm momentum as it heads into another legal skirmish with the iPhone maker next month. Source: cnet.com

Read More
News 

US sues Volkswagen for ‘massive fraud’ over emissions scandal

“US authorities have taken legal action against Volkswagen and its former chief executive, Martin Winterkorn, over the German car maker’s diesel emissions scandal, accusing the company of perpetrating a “massive fraud” on US investors” writes Jon Yeomans for telegraph.co.uk. The US Securities and Exchange Commission said in its civil complaint filed in San Francisco late on Thursday that, from April 2014 to May 2015, Volkswagen issued more than $13bn (£9bn) in bonds and asset-backed securities in US markets at a time when senior executives knew that more than 500,000 diesel…

Read More
News 

UBS sets aside $516 million for French tax case

“UBS Group AG UBS, -1.26% has taken $516 million in provision for a tax case in which French judges ordered the bank to pay a hefty fine for helping wealthy clients in France evade taxes” writes Pietro Lombardi for marketwatch.com. Last month the bank confirmed its dividend after French judges ordered it to pay a 3.7 billion euro ($4.19 billion) fine, as well as EUR800 million in damages to the French government for lost tax revenue.UBS has appealed the French court’s decision and has said it followed its legal obligations.The…

Read More
GBP News 

Brexit supporters reject UK attorney general’s additional legal opinion: The Telegraph

“Attorney General Geoffrey Cox had attempted to win over Brexit-supporting lawmakers with additional legal advice, the newspaper reported” writes Midwest Communications Inc for 95kqds.com. LONDON (Reuters) – Brexit-supporting lawmakers have rejected an additional legal opinion by Britain’s top government lawyer on Prime Minister Theresa May’s divorce deal assurances, The Telegraph reported.His original opinion published on Tuesday that the legal risk remained that Britain might be unable to get out of the backstop helped convince Brexit-supporting lawmakers to oppose the deal.In the legal advice, Cox said the Vienna convention enables the…

Read More
News 

Ethiopia crash may test Boeing’s success in defeating U.S. lawsuits: legal experts

“Boeing may have a tougher time with that strategy after the Ethiopian crash, some legal experts said” writes Midwest Communications Inc for 95kqds.com. The company, which has its corporate headquarters in Chicago, has often convinced U.S. judges to dismiss air crash cases in favor of litigation in the country where the evidence and witnesses are, usually where the crash occurred.While no lawsuits have yet been filed since the crash of Ethiopian Airlines Flight 302, some plaintiffs’ lawyers said they expect that Boeing will be sued in the United States.Arthur Wolk,…

Read More
News 

German Bank Association: New Regulation for DLT-Based Securities May Be Necessary

“According to Bankenverband, corporate actions and securities trading may also be subject to change because of DLT-based securities” writes Adrian Zmudzinski for cointelegraph.com. The Association of German Private Banks (Bankenverband) foresees that a need for new regulation may arise from the emergence of distributed ledger technology (DLT)-based securities.Per the post, if securities are issued using new technologies, then there is a need for new safekeeping and settlements processes.As Cointelegraph recently reported, German regulators and lawmakers have thus far failed to create a workable legal framework that would provide legal certainty…

Read More
News 

NCAA’s role in protecting student-athletes could be clouded by legal…

“The NCAA does not determine the medical standard of care or second-guess the judgments exercised by health care professionals,” Radford said” reports sportingnews.com. Brian Hainline, chief medical officer of the NCAA’s Sports Science Institute, told SN “the needle is shifting rather rapidly” toward his organization playing a greater role in health and safety matters.”NCAA legislation does allow for limited review of whether our institutions have the structures and policies to support the health and safety of student-athletes.”. The NCAA could end up becoming more liable to lawsuits if proposed measures…

Read More
Markets News 

Do Not Minimize Ragnarok: Serious Legal Threat, Part 2

“There are plenty of brokerage firms out there who charge low listing fees, such as Redfin, but offer full cooperating compensation” writes Rob Hahn for notorious-rob.com. Do not make the mistake of thinking that Cohen Milstein and Hagens Berman are like some of the real estate and personal injury lawyers you know.Watch this: His sin at Trelora was not offering enough in the way of cooperating compensation.Just look at commercial real estate as a comparison. Source: notorious-rob.com

Read More
News 

QuadrigaCX CEO Used Personal Money to Fund Exchange During Litigation With Bank in 2018

“The late founder of Canadian crypto exchange QuadrigaCX, Gerry Cotten, was purportedly funding the exchange with his own money while it was in litigation with a major Canadian bank” writes Ana Alexandre for cointelegraph.com. In the recent statement, Robertson also revealed that the legal firm currently representing the exchange will cease its association with Quadriga CX, apparently due to a conflict of interest.After $145 million in crypto assets went missing following Cotten’s death, Robertson provided interim financing for legal proceedings.Cotten’s widow Jennifer Robertson revealed details about the exchange’s financial situation…

Read More