Sale

Texas Judge Orders Sale of Alex Jones’ Infowars to Satisfy $1 Billion Sandy Hook Judgments—Potential Shutdown Looms

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AUSTIN, Texas — A state judge has appointed a receiver to take control of Alex Jones’ Infowars assets as part of a court order aimed at satisfying over $1 billion in legal judgments owed to families of Sandy Hook Elementary School shooting victims. The ruling, issued by Judge Maya Guerra Gamble on Wednesday, could soon lead to Jones losing access to his studio, impacting his broadcasting operations. The order has reignited interest from The Onion, a satirical publication, which expressed intentions to acquire Infowars and transform it into a parody platform. Ben Collins, The Onion’s … Read more

Wendy Williams’ Ex-Husband Sues Guardian Over Alleged Sale of Beloved Cats, Claiming Emotional Isolation

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New York, N.Y. — A legal dispute involving Wendy Williams’ ex-husband, Kevin Hunter, has surfaced as he claims to represent her interests in a lawsuit against her guardian, Sabrina Morrissey. The suit, filed on June 17, accuses Morrissey of selling Williams’ cherished cats, Chit Chat and My Way, without her knowledge, effectively stripping her of vital companionship and emotional support. Hunter asserts that Morrissey breached her fiduciary duty by ceasing payments for the cats’ boarding and opting to sell them instead. Williams, diagnosed with dementia, has been under a legal guardianship since 2022 and has … Read more

High-Stakes Verdict Looms as Frank Founder Faces Fraud Charges Over Alleged Deceptive $175M Sale to JPMorgan

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New York — The founder of financial aid platform Frank, Charlie Javice, stands at the crux of a complex legal battle as closing arguments are due Wednesday in her trial on charges of fraud. Federal prosecutors in Manhattan have accused Javice, 32, and her top executive, Olivier Amar, 50, of fabricating user data to sell the website to JPMorgan Chase for $175 million. The trial comes with a potential prison sentence of up to 30 years if convicted of fraud and conspiracy charges. The allegations center around Javice’s claim in 2021 that Frank had amassed … Read more

Reed Smith Expert Advises Careful Review of FuelEU Deadlines in Ship Sale and Purchase Agreements

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London, UK – As legislative landscapes evolve, maritime sector professionals are being reminded of critical legal requirements that could have significant financial implications on ship sale and purchase (S&P) agreements. Reed Smith’s maritime attorney highlighted crucial considerations regarding the upcoming FuelEU Maritime regulations during a recent industry briefing. With these regulations set to reshape compliance standards, stakeholders are urged not to lose sight of their deadlines amidst contractual negotiations. FuelEU Maritime is a suite of regulations aimed at reducing greenhouse gas emissions within the maritime industry, part of a broader European Union agenda focused on … Read more