Challenge

Lawyers Challenge Trump’s Bid to Avoid Paying $83.3 Million Defamation Award

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New York lawyers representing E. Jean Carroll, the writer who was awarded an $83.3 million defamation judgment against former President Donald Trump, are urging a judge to reject Trump’s attempts to avoid posting security for the payment. In a submission to U.S. District Judge Lewis A. Kaplan, Carroll’s lawyers argued that Trump’s promises to pay the judgment are not credible and compared them to “scribbles on a paper napkin.” They criticized Trump’s reasoning for seeking relief, which they believe boils down to “trust me.” The hefty judgment was the outcome of a trial presided over … Read more

Navigating the Complex Maze of Online Data Privacy Regulations: An Added Challenge for Risk Managers

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New York, NY — Online data privacy regulations are becoming increasingly complex for risk managers as states and countries introduce new measures. Anthony Dagostino, the New York-based global cyber chief underwriting officer for Axa SA, stated that staying up-to-date with regulatory issues is crucial for both underwriters and policyholders. Differing incident notification laws across US states present an additional challenge. Currently, 13 states have comprehensive privacy laws, while several others are in the process of developing legislation. The variability between state regulations makes it challenging for risk managers to respond to breaches effectively. Kristen Peed, … Read more

Landslide Decision: Supreme Court Rejects Landlords’ Challenge to NYC’s Rent-Control Laws, Leaving Thousands of Tenants Secured

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New York City, USA – The U.S. Supreme Court has decided not to hear a significant property rights challenge brought by a group of New York landlords, effectively upholding the city’s rent-control laws. These laws allow tenants to remain in apartments at below-market rates for extended periods of time. The landlords argued that the combination of rent regulation and long-term occupancy violated their constitutional rights. The lawsuit, filed by owners of small and midsize apartment buildings, claimed that recent amendments to the rent-control laws had stripped them of their ownership rights. The amendments, which were … Read more

Federal Judge Blocks NCAA’s Restriction on Name, Image, and Likeness Compensation, Posing a Challenge to College Sports Governance

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NASHVILLE, Tenn. and RICHMOND, Va. — The NCAA suffered a setback on Friday as a federal judge granted a preliminary injunction, prohibiting the enforcement of its rules that prevent college athletes from receiving compensation for their name, image, and likeness. The ruling by U.S. District Judge Clifton Corker in the Eastern District of Tennessee challenges the long-standing principle of amateurism in college sports, which prohibits third parties from paying recruits to attend specific schools. Judge Corker stated that the NCAA’s prohibition likely violates federal antitrust law and harms the student-athletes. The plaintiffs argued that since … Read more