publiclawlibrary.org

South Korean Securities Firms’ Domestic Brokerage of US-Listed Bitcoin ETFs May Violate Regulatory Acts

by

Seoul, South Korea’s financial regulator has raised concerns about domestic brokerage of a U.S.-listed bitcoin spot exchange-traded fund (ETF) by Korean securities firms. The Financial Supervisory Service (FSS) stated that such activity may potentially conflict with the country’s Virtual Asset User Protection Act and the Capital Markets Act. However, the FSS did not provide further details on these potential conflicts. In South Korea, recent discussions around cryptocurrency regulations have been taking place. Authorities have revealed plans to create regulations that would require public disclosure of officials’ cryptocurrency holdings. This move aims to promote transparency and … Read more

Federal Appeals Court Overturns Multi-Million Dollar Damages Award in Breach of Contract Case Due to Erroneously Admitted Expert Witness

by

Denver, Colorado – A multi-million dollar damages award in a breach of contract case may be in jeopardy after a federal appeals court ruled that an expert witness was improperly classified and admitted as a lay witness. The U.S. Court of Appeals for the Tenth Circuit found that the damages verdict for recycling company A-1 Organics, in its lawsuit against Heartland, relied on testimony from A-1’s chief financial officer (CFO) that should have been classified as expert testimony instead. According to the court, the CFO’s testimony involved more than basic math and required complicated assumptions … Read more

Understanding Pennsylvania’s Wrongful Death Laws: A Guide for Potential Plaintiffs

by

Philadelphia, PA – Filing a lawsuit in Pennsylvania can be a complex process, especially for those without a solid grasp of the legal system. To navigate the intricacies of wrongful death cases, it is essential to understand the state’s laws and regulations. Philadelphia is home to a multitude of experienced wrongful death lawyers who have dedicated over a decade of practice to honing their skills in this area of law. While this guide cannot transform readers into overnight legal experts, it aims to provide enough knowledge to make informed decisions when choosing a lawyer specialized … Read more

Trump Defies Conditions, Launches Fiery Closing Argument in Fraud Trial

by

Walter Engoron, a judge in New York City, had a chaotic day in court as former President Donald Trump made an unsanctioned closing argument in a civil fraud trial against him and his company, the Trump Organization. Trump’s lawyer had initially requested permission for the former president to participate in the closing arguments, but Engoron placed several conditions on his participation, including limiting his remarks to the issues at hand and refraining from giving a “campaign speech.” Despite not accepting these conditions, Trump declared his desire to speak after his lawyers finished presenting their arguments. … Read more