Former President Trump Makes Second Attempt to Recuse Hush Money Judge as Trial Looms

Washington, D.C. – Former President Trump has requested that the judge overseeing his hush money trial recuse himself due to his daughter’s involvement with a digital marketing firm that has worked with prominent Democrats. The trial is set to begin in less than two weeks. Last summer, Justice Juan Merchan had rejected a previous motion for recusal, which also mentioned his daughter’s employment. Trump’s latest attempt for recusal comes after the judge imposed restrictions on his public statements regarding the judge’s daughter and others. Judge Merchan has also expressed frustration with Trump’s last-minute efforts to … Read more

Advocacy Groups Sue Alabama Officials Over Restrictive Voting Bill, Citing Constitutional Violations and Disproportionate Impact

Birmingham, Alabama – Several advocacy groups have filed a lawsuit against Alabama state officials, challenging a recently enacted law that restricts access to voting. The groups argue that Senate Bill 1 (SB 1), which criminalizes certain engagement measures related to absentee ballots, directly targets and penalizes activities that enable broader voting rights. Signed into law last month, SB 1 makes it illegal to request or collect absentee ballots for anyone other than close relatives. It also criminalizes filling out or mailing an application or ballot on behalf of someone else. The bill specifically targets Alabamians … Read more

Terraform Labs Faces Jury Decision in SEC Lawsuit Over Alleged Investor Deception in TerraUSD Collapse

New York – The U.S. Securities and Exchange Commission (SEC) recently concluded their case against Terraform Labs and its co-founder, Do Kwon, leaving the decision in the hands of a New York jury. The jury must now determine whether Kwon and his company can be held accountable for allegedly providing misleading information to investors regarding the stability of their cryptocurrency, Terra USD (UST), and its integration with a South Korean mobile payments app. Terra USD, also known as an “algorithmic stablecoin,” was designed to be pegged to the U.S. dollar through on-chain mint-and-burn mechanics with … Read more

Ken Feinberg Reveals Key Ingredients for Successful Mediations in Distressed Debt Cases

New York, USA – Ken Feinberg, known for his role as the Special Master of the Federal September 11 Victim Compensation Fund, shared his insights on the strategies for successful mediations in mass tort cases. Bloomberg Intelligence consultant, Negisa Balluku, interviewed Feinberg on the intersection of mass tort and Chapter 11 bankruptcies. During the conversation, Feinberg stressed the importance of establishing deadlines and ensuring that all relevant parties are present at the negotiation table. Drawing from his extensive experience in administering complex public crises, Feinberg emphasized the significance of these two factors in reaching successful … Read more