Posted inLawsuits

Rabbi Takes A Sabbatical To Jail

An influential Brooklyn Rabbi was convicted of using several charitable organizations to launder money for his criminal friends.
2 minutes
Posted inSettlements

Apple Turnover: iPad Settlement Goes for $60 Million in China

iPad

Apple has agreed to pay a $60 million to a Chinese company to settle a lawsuit over the iPad trademark. Proview Technology will receive a small fraction of their original asking price of $400 million, which might help them recover from the fringe of insolvency.  Certainly not a bad pay day.  Although the technological terror that is Apple Inc. has plenty of money to throw around, I hope somebody lost their job for over-looking the fact that they trademarked the word “iPad” in every country except the largest one in the world.  More details and analysis after the jump.

3 minutes
Posted inLawsuits Sports

An Eye for an Eye, but $20 Million Is Fine, Too

The fallout from the infamous Chris Brown / Drake fight in a New York night club included one Tony Parker, a point guard for the Spurs, who suffered a lacerated eyeball. He's now suing the nightclub for negligence, alleging that they should have known better than to allow those two near each other.
3 minutes