Turmoil

Legal Turmoil Erupts for Thai Election Victors as Lawyer Files Dissolution Petition

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BANGKOK, Thailand – The winners of Thailand’s recent elections were dealt another blow as a lawyer filed a motion for the dissolution of their political party. This legal action further undermines the legitimacy of the party’s election victory. The lawyer’s complaint alleges irregularities in the party’s campaign finances, which could potentially lead to the party being dissolved by the country’s Constitutional Court. The lawyer’s bid for the dissolution of the winning party comes after months of political turbulence in Thailand. The country held its first general elections since a military coup in 2014, which had … Read more

Vince McMahon Steps Down Amidst Accusations of Sex Trafficking and Abuse, WWE Faces Turmoil

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Stamford, Connecticut – Vince McMahon, the founder of World Wrestling Entertainment (WWE), has stepped down from his positions within the company and its parent organization. This decision comes amidst accusations of sex trafficking, abuse, and sexual assault made against McMahon by a former employee, Janel Grant, in a recently filed lawsuit. In an email to employees, WWE President Nick Khan announced McMahon’s resignation as the TKO executive chairman and his departure from the TKO board of directors. McMahon will no longer have any involvement with WWE. Grant’s lawsuit alleges that she was a victim of … Read more

Lloyd’s Underwriters Ordered to Pay Citgo Over $49 Million for Lost Oil Cargo Amid Political Turmoil in Venezuela

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NEW YORK – Lloyd’s underwriters and other insurers have been ordered to pay Citgo Petroleum Corp. more than $49 million to compensate for the loss of oil cargo during political unrest in Venezuela. The decision was made by a federal jury in New York. The dispute arose from the theft of oil cargo from a Citgo facility in Venezuela during a period of political turmoil in the country. Citgo argued that the insurers were liable under its policy for the lost cargo. The insurers, however, contended that the theft was not covered by the policy. … Read more