Even Ajmal Kasab had fair trial in our judiciary: Satyendar Jain’s counsel

Even the Mumbai 26/11 attacker and convict Ajmal Kasab had a fair trial; it is the fairness of our judicial system, argued senior counsel for Delhi Cabinet Minister Satyendar Jain. It was also argued that his case is not worse than Kasab’s. On the other hand, the Enforcement Directorate (ED) contended … Read more

Mexicans wait for years behind bars for a trial By Reuters

2/2 © Reuters. Female prisoner Ana Georgina Jimenez Macias, who has spent 13 years awaiting trial in Mexico, takes a selfie with her sons at home in Veracruz, Mexico in 2009, in this handout picture distributed to Reuters on September 27, 2022. Ana Georgina Jimenez Maci 2/2 By Isabel Woodford MEXICO CITY (Reuters) – Ana … Read more

U.S. challenges American-JetBlue alliance as antitrust trial begins

Breadcrumb Trail Links PMN Business Author of the article: Reuters Nate Raymond and David Shepardson and Diane Bartz Article content BOSTON — The U.S. Justice Department on Tuesday urged a judge to force American Airlines and JetBlue Airways to scrap their U.S. Northeast partnership, calling it an anticompetitive deal that would worsen if JetBlue acquires … Read more

Trial Lawyers Back Republican in Florida House Race, Insurers Favor Democrat

In a twist of fate and a sign of the times, some Florida business groups are backing the Democrat in a state House race in the Tampa area, while trial lawyers are putting their weight behind the Republican challenger. The Tampa Bay Times reported that many in the plaintiffs’ bar, who have historically backed Democratic … Read more

Ex-Allianz executive’s criminal fraud trial set for 2024 in New York

(Reuters) – A U.S. judge on Thursday set a 2024 trial date for former Allianz SE executive Gregoire Tournant, citing the complexity of allegations he defrauded investors out of billions of dollars by understating the risks of what they bought. Tournant, the former chief investment officer who created and oversaw Allianz’s now-defunct Structured Alpha funds, was indicted in May on … Read more

What’s at stake in Alex Jones’ second Sandy Hook defamation trial By Reuters

© Reuters. FILE PHOTO: Alex Jones attempts to answer questions about his emails asked by Mark Bankston, lawyer for Neil Heslin and Scarlett Lewis, during trial at the Travis County Courthouse, Austin, Texas, U.S., August 3, 2022. Briana Sanchez/Pool via REUTERS/Fil By Jack Queen (Reuters) – U.S. conspiracy theorist Alex Jones faces trial this week … Read more

Nikola’s former CEO is on trial for lying about the company

gorodenkoff/iStock via Getty Images The U.S. fraud trial of former Nikola Corporation (NASDAQ:NKLA) CEO Trevor Milton will begin in Manhattan on Monday with jury selection. Milton is facing charges of the founder of deceiving and lying to investors about the hydrogen-powered truck maker’s technology starting in November of 2019. He also stands accused of defrauding … Read more

New York Trial Begins in Bond Insurer Case Over Mortgage-Backed Securities

New You can now listen to Insurance Journal articles! Bond insurer Ambac Financial Group Inc. cannot prove its $2.7 billion case against Bank of America over troubled mortgage-backed securities on evidence that BofA was a “bad actor” before the 2008 financial crisis, an attorney for the bank said on Wednesday in New York state court. … Read more

BofA goes to trial over ‘worst of the worst’ 2008 subprime loans

Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that’s one of its last legal hangovers from the subprime crisis. Countrywide Financial, which Bank of America acquired amid the mortgage lender’s 2008 collapse, was the “worst of the worst” in underwriting securities backed by … Read more

Musk can use whistleblower claims; judge won’t delay Twitter trial

(Reuters) — Elon Musk can use a whistleblower’s claims in his legal case against Twitter Inc., but the billionaire cannot delay the trial over his attempt to walk away from his $44 billion deal for the company, a judge ruled Wednesday. “I am convinced that even four weeks’ delay would risk further harm to Twitter,” wrote Chancellor Kathaleen … Read more