Lack

Parents of Crypto Exchange Founder Seek Dismissal of Fraudulent Fund Transfer Lawsuit, Citing Lack of Fiduciary Relationship

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San Francisco, California – Joseph Bankman and Barbara Fried, parents of Sam Bankman-Fried, are seeking the dismissal of a lawsuit filed by bankrupt cryptocurrency exchange FTX. The exchange alleges that funds were fraudulently transferred and seeks to recover millions of dollars from Bankman and Fried. Bankman-Fried, less than two months after the lawsuit was filed, was found guilty on all seven charges of defrauding customers and the United States. His sentencing is expected to take place in March. Bankman and Fried, both professors at Stanford Law School, argue that Bankman had no fiduciary relationship with … Read more

Pioneering Patent Case: Lack of Non-Infringing Alternatives in Two-Player Market Proves Essential for Lost Profits Award, Delaware District Court Rules

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Wilmington, Delaware – In a recent ruling, the District of Delaware clarified the evidence required to establish a lack of non-infringing alternatives in a two-player market. The case involved two competitors in the outdoor decking products industry, both selling bamboo decking products. The defendants had been found guilty of patent infringement, and they challenged the damages award of $1.5 million, claiming that the plaintiffs had failed to prove lost profits. The defendants argued that the plaintiffs had not provided customer-specific evidence to establish the absence of non-infringing alternatives. However, the district court rejected this argument, … Read more

New Report Reveals Lack of Alimony Payment Guidelines in Wisconsin, Raising Concerns of Unfairness in Divorce Court

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MADISON, Wisconsin – Divorce court proceedings regarding alimony payments in Wisconsin have lacked a defined formula, potentially resulting in unfair outcomes, according to a recent report. Custody X Change, an online firm specializing in assisting families through divorce, conducted an analysis of alimony laws across the country. The study found that only about a third of states have established formulas for determining alimony payments. In the remaining states, including Wisconsin, judges have discretion in deciding the amount without any specific guidelines. While settlement agreements are often reached before court proceedings, this is not always the … Read more

Judge Dismisses Lawsuits Linking Tylenol to Autism: Lack of Scientific Support Revealed

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Los Angeles, California – A judge in Los Angeles has determined that lawsuits claiming that the popular painkiller Tylenol causes autism lack scientific support. The ruling came after a thorough examination of the available evidence. The lawsuits, which were brought forth by parents who believed their children’s autism was caused by Tylenol, alleged that the drug’s active ingredient, acetaminophen, triggered the condition. However, the judge found no scientific evidence to support this claim. Autism is a developmental disorder characterized by difficulties in social interaction and communication. The exact causes of autism are still not fully … Read more