Transfer

Judge Rules Trump’s Criminal Case Will Remain in State Court, Rejecting Federal Transfer Request

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New York — A recent ruling has kept former President Donald Trump’s criminal case within the state court system, dismissing his legal team’s attempts to have the proceedings shifted to federal court. This decision marks a significant turning point in the legal activities surrounding the former president, who faces multiple indictries arising from various allegations during and after his term in office. Trump’s legal representation had argued that the federal court was the proper venue for his case given the national scope of his duties and actions while president. They posited that activities performed during … Read more

Chicago Appeals Judge’s Ruling on Real Estate Transfer Tax Increase for Homelessness Funding

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Chicago, Illinois – The city of Chicago is preparing to challenge a recent ruling by Circuit Court Judge Kathleen Burke that struck down a proposal by Mayor Brandon Johnson to increase the real estate transfer tax on high-end property sales. The mayor’s plan aimed to generate $100 million annually in revenue to combat homelessness. Following the judge’s declaration that the binding referendum on the tax increase was invalid, the city swiftly filed a motion requesting a stay on the ruling while it appeals. In its motion, the city argues that there is a substantial case … Read more

Department of Justice Joins Multi-State Lawsuit Against NCAA’s Transfer Eligibility Rule, Supporting College Athletes’ Rights to Control Name, Image, and Likeness

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CHARLESTON, West Virginia – The Department of Justice (DOJ) has announced its involvement in a multi-state lawsuit challenging the NCAA’s transfer eligibility rule, asserting that it unlawfully restricts college athletes’ ability to monetize their name, image, and likeness while controlling their education. This marks the first time the DOJ has joined a state-led antitrust lawsuit. In addition to the DOJ, three more states and the District of Columbia have joined the lawsuit led by Ohio Attorney General Dave Yost, bringing the total number of plaintiffs to 11. The lawsuit, filed on December 7 in the … Read more

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