Legal woes continue for former President Trump as his businesses face a recent ruling by a judge. Alleged business fraud is at the heart of the matter, with many questioning the continued law enforcement scrutiny on the Trump Organization. For more details refer to this report by CNN.
Major e-commerce corporation Amazon is under the legal microscope as well, running into issues with the Sherman Act. This week proved challenging for Amazon Prime, uncovering notable issues with the firm’s business practices. Reuters elaborates on the antitrust allegations.
Not escaping the spotlight, JP Morgan is reportedly spending $75 million to settle claims related to Jeffrey Epstein. While settling such claims is not uncommon for banks, the high-profile nature of this case makes it noteworthy in the legal world. More on this can be read on Law360.
Business-wise, a boutique has benefited from the Lewis Brisbois defection/catastrophe. Information about how this big law firm flop led to significant gains for a labor-focussed boutique is available at Bloomberg Law News.
In other industry developments, the rising cost of legal tech is making headlines. Legaltech News breaks down the factors causing the price hike in legal technologies.
On a peculiar note, a law firm finds itself in hot water after a breach allegedly exposed around 400 gigabytes of confidential data. Find out more about the fallout on The Recorder.
Lastly, a businessman has been incarcerated for targeting barristers with fake bombs – a shocking development in legal circles. Read about the unusual case on LegalCheek.