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The producer credited with launching the career of Lady Gaga has been granted a new trial after he was ordered to pay $7.3 million to a talent scout who introduced him to the singer.
Rob Fusari is entitled to a new trial because of an erroneous ruling at his first trial, allowing the jury to hear about an accusation against Fusari by Lady Gaga concerning their personal relationship, U.S. District Judge Jose Linares of the District of New Jersey ruled Sept. 30. The nature of the accusation is unclear because the opinion was extensively redacted, but Linares said he failed to properly analyze the issue before allowing the jury to hear the disputed information in a reading of Lady Gaga's deposition testimony.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.