Reclaim

U.S. Court Rejects Former Rosneft CEO’s Attempt to Reclaim Confiscated Yacht

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A U.S. court has rejected a request by the former head of Russian state oil giant Rosneft, Igor Sechin, to reclaim a luxury yacht that had been seized as part of international sanctions. The vessel, known as the Amore Vero, was confiscated in France earlier this year. Sechin, who has close ties to Russian President Vladimir Putin, is on the European Union’s sanctions list, a measure prompted by Russia’s military actions in Ukraine. The seizing of assets belonging to individuals on this list aims at exerting economic pressure on Russia to halt its aggressive maneuvers. … Read more

Federal Appeals Court Denies Startup’s Bid to Reclaim $18.3 Million Jury Award from TransUnion

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In a significant legal showdown, a U.S. appeals court has recently upheld its earlier stance, electing not to revisit a decision that nixed an $18.3 million jury award. This award had originally been granted to a burgeoning tech startup in its claim against credit reporting giant TransUnion LLC. The case stemmed from allegations made by the startup which accused TransUnion of engaging in practices that they claimed unfairly inhibited their ability to compete in the marketplace. Central to the dispute was the handling and use of consumer credit data by TransUnion, a subject of increasing … Read more

FTX Targets Major Players in New Lawsuits: A Quest to Reclaim Billions and Restore Investor Trust

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In a significant legal move, FTX’s bankruptcy estate has initiated 23 new lawsuits against major entities including Binance, Anthony Scaramucci’s SkyBridge Capital, and Crypto.com, as well as a lobbying group backed by Mark Zuckerberg, Fwd.us. This aggressive legal strategy seeks to reclaim billions of dollars vanished in the cryptocurrency exchange’s unexpected downfall last year. FTX, which was once a dominant player in the cryptocurrency market, faced a catastrophic collapse in 2022, leading to a loss of over $8 billion of investor funds. The newly filed lawsuits, including a major claim against Binance and its former … Read more

Aaron Judge Set to Reclaim Playoff Glory as Yankees Face Royals in High-Stakes ALDS Showdown[embed]https://www.youtube.com/watch?v=7nVnTM8QTJ4[/embed]

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New York — As the postseason commences, Yankees slugger Aaron Judge faces a critical opportunity to reestablish his prowess in high-stakes games, beginning Saturday in the Bronx. After a regular season crowded with accolades and record-breaking performances, the spotlight turns to Judge’s ability to carry his success into the playoffs, starting with the American League Division Series against the Kansas City Royals. Despite the Royals’ modest 86-win season which barely secured them a wild-card berth, the team features notable players like Bobby Witt Jr. and Salvador Perez. The Yankees, conversant with postseason pressures, anticipate formidable … Read more