Dollar

Disney Faces Multi-Billion Dollar Copyright Lawsuit Over Alleged Theft of ‘Moana’ Franchise Ideas

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LOS ANGELES — A copyright lawsuit filed last week explosively alleges that Disney’s acclaimed “Moana” series, which features a daring Polynesian heroine and became a box office triumph, largely draws from a screenplay penned two decades ago that was never developed. Buck Woodall, an animator, claims his creative work was used without his authorization to conceive both “Moana” and its sequel. According to the legal documentation, Woodall accuses Jenny Marchick, a former executive at Mandeville Films and now a senior official at DreamWorks Animation, of clandestinely submitting his screenplay and other materials to Disney. These … Read more

Lawsuits Fly as U.S. Steel and Nippon Steel Challenge Biden’s Blockade of Multi-Billion Dollar Merger

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Washington, D.C. – In a major move earlier this month, President Joe Biden halted the proposed acquisition of U.S. Steel by Nippon Steel, a deal worth nearly $15 billion. This decision has led to significant backlash from the steel giants. In response, U.S. Steel and Nippon Steel filed lawsuits, intensifying the dispute over the failed merger. David McCall, president of the United Steelworkers (USW), has voiced strong opposition against Nippon Steel’s potential takeover, emphasizing concerns over the implications for U.S. industry and labor. McCall accused U.S. Steel of longstanding aggressive tactics and expressed apprehension about … Read more

Jury Hung on Key Decision in High Stakes Legal Battle Over Qualcomm’s Multi-Billion Dollar Chip Design

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Wilmington, Delaware – In a case that could have significant implications for the tech industry, a federal jury in Delaware reported an impasse on one key issue in the ongoing legal battle between Arm Holdings and Qualcomm. The deadlock arises amid deliberations on three critical questions central to Arm’s lawsuit against the tech giant. However, the jury is continuing to deliberate on the remaining two issues. In 2021, Qualcomm’s acquisition of Nuvia for $1.4 billion marked a strategic move aimed at expanding its footprint in the personal computer market. Nuvia, known for its innovative chip … Read more

Prince Harry Engages in Multi-Million Dollar Legal Battle Against Daily Mail for Alleged Phone Hacking

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London — A significant legal battle involving Prince Harry and several other public figures against the Daily Mail’s publisher, Associated Newspapers, has come to light, with estimated legal costs potentially reaching $47.8 million. The case, which centers around allegations of phone hacking by the tabloid, was detailed during a case management hearing at the High Court in London on Tuesday. The financial stakes are high, with Associated Newspapers gearing up to spend around $25 million on its defense. On the other side, the legal team representing Prince Harry and the other claimants are preparing to … Read more