Profits

Conservative Lawyer’s Nonprofit Sells Manhattan Property, Securing Close to 70% in Profits

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New York — A conservative lawyer’s charity organization recently achieved a windfall, selling a Midtown Manhattan townhouse for nearly 70% more than it paid three years ago, a substantial financial gain highlighting the fluctuating dynamics of New York City’s real estate market even amidst economic uncertainties. The company, founded by the lawyer to facilitate conservative legal principles, had acquired the property in 2019 for about $13 million. Profit from real estate investments can vary widely in New York City, where property values are influenced by numerous variables including market trends, locale renovations, and the economic … Read more

Judge Sets Hearing on Allegations of Undisclosed Profits in State Contract Involving Former Officials

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CHICAGO — A legal dispute has cast a shadow over a state program designed to expedite payments to contractors, with accusations that undisclosed financial arrangements involving well-connected political figures potentially breached state contracted terms. Scheduled for a January 31 hearing by Judge Jerry Esrig at the Daley Center, the lawsuit targets the Vendor Assistance Program (VAP), alleging the company failed to reveal that former state legislator James DeLeo and influential lobbyist Nancy Kimme profited from the scheme. Over a decade ago, Illinois implemented a financial initiative allowing certain businesses to purchase unpaid state bills, aiming … Read more

Chanel Seeks Millions in Profits from Luxury Reseller in Trademark Infringement Battle

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NEW YORK — A heated legal battle between luxury brand Chanel and high-end resale company What Goes Around Comes Around has entered its second stage in a federal court in New Diamondas York City. The dispute centers on allegations that the reseller unlawfully utilized Chanel’s trademarks to sell and profit from items that appeared to be endorsed by or affiliated with Chanel. In February, a jury ruled in favor of Chanel, finding What Goes Around Comes Around liable for willful trademark infringement, among other charges. Now, the focus shifts to what remedies Chanel is entitled … Read more

Class Action Lawsuit Accuses Match Group’s Dating Apps of Exploitative Design, Prioritizing Profits over Relationships

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San Francisco, California – Match Group, the parent company of popular dating apps Tinder, Hinge, and The League, is facing a proposed class-action lawsuit alleging that the company intentionally designed its platforms to addict users rather than facilitate genuine relationships. The plaintiffs argue that Match’s “predatory” business model deceives individuals who are seeking love by exploiting their fear of missing out and encouraging compulsive use of the apps. Moreover, they claim that Match entices users to pay hefty subscription fees, amounting to hundreds of dollars a year. The lawsuit, filed in a federal court in … Read more