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☆ Old, unused, and 'twisty' — meet the obscure NY election-conspiracy law that just might get Trump convicted
▼ + stars: | 2024-04-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

Attorneys specializing in state election law believe the statute has never been prosecuted. Jeenah Moon-Pool/Getty ImagesTwo highly respected law professors specializing in New York election law said the same. "I think it's very smart of prosecutors to use this state law, whether it's been used before or not," said Jeffrey M. Wice, who teaches state election law at New York Law School. Related storiesThese same three "underlying crimes" — using state election law, federal election law, and state tax law — were again given equal prominence here in a February 15 decision by Merchan. "You're having an underlying crime within an underlying crime to get to that felony," Connor told BI.

Persons: Alvin Bragg's, Trump, —, Donald Trump's, Donald Trump, Law Trump, Stormy Daniels, Joshua Steinglass, Juan Merchan, Steinglass, I've, Sen, Martin Connor, Joseph T, Burns, that's, it's, Jeffrey M, Wice, — Merchan, Alvin K, Trump's, Attorney Alvin Bragg, Michael Cohen, Daniels, Cohen, Connor, Prosecutors, Jerry H, he's, Goldfeder, Cozen O'Connor Organizations: Service, Manhattan, New York, Court, New, Republican, Democratic NY, Erie, Erie County Republican, New York Law School, Attorney, National Enquirer, Trump, Fordham Law, Democracy Locations: Manhattan, New York, Brooklyn, Erie County, Buffalo , New York

☆ FTX's victims may get all their money back. The judge sentencing Sam Bankman-Fried might not care.
▼ + stars: | 2024-03-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Sam Bankman-Fried bilked FTX customers out of over $8 billion, according to prosecutors. AdvertisementAccording to federal prosecutors, Sam Bankman-Fried orchestrated one of the biggest criminal frauds in the history of the world. According to his lawyers, FTX's customers might get all their money back. According to prosecutors, Bankman-Fried was responsible for more than $11 billion in fraud overall between FTX customers and investors in FTX and Alameda Research. The recovered calculations, too, distort how much money customers are actually getting back.

Persons: Sam Bankman, —, Fried, FTX, John J, Ray III, Ray, Lewis Kaplan, Kaplan, Sarah Krissoff, Cozen O'Connor, Krissoff, it's, Sarah Silbiger, Bankman, bitcoin, Rachel Maimin, Lowenstein Sandler, Barbara Fried, Mark Cohen, Jane Rosenberg Bankman, Maiman, Maimin, Caroline Ellison Organizations: Service, FTX, Bankman, Alameda Research, US, United States, Second Circuit, U.S . House Financial, Capitol, Reuters, K5 Global, Prosecutors, Wall, REUTERS, Business, of Prisons, Alemda Research Locations: FTX, Manhattan, New Jersey, New York, Washington , U.S

☆ Trump DA Fani Willis' credibility has been shot over messy testimony — but perjury charges are very unlikely: legal experts
▼ + stars: | 2024-03-06 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

DA Fani Willis' credibility has been damaged following a misconduct hearing, legal experts said. Willis' 'credibility is shot'Legal experts have long said that the hearing, and the relationship between Willis and Wade, doesn't look good for Willis. Rahmani said the distraction of it all is enough that Willis should recuse herself from the Trump case. On trips they took together, Willis and Wade testified that Willis paid Wade back for her portion in cash. Ms. Yeager heard District Attorney Willis tell Mr. Bradley: 'They are coming after us.

Persons: Fani Willis, Willis, Donald Trump, —, Trump, Wade, it's, Rahmani, Ashleigh Merchant, Trump codefendant Mike Roman, Nathan Wade, Wade —, Daysha Young, Andrew Evans, Alex Slitz, doesn't, Sarah Krissoff, Cozen O'Connor, Krissoff, Scott McAfee, McAfee, Terrence Bradley, Merchant, Bradley, Manny Arora, Cindi Lee Yeager, Cobb County , Georgia —, Trump codefendant David Shafer, Yeager, John Bazemore, Elijah Nouvelage, Mr, Trump codefendant Cathleen Latham, Arora —, Kenneth Chesebro, Arora, Adam Abbate, Abbate Organizations: Service, Fulton, West, Trial, Trump codefendant, Trump, codefendants, Merchant, Wade, Business, USA, Network, Reuters, District Attorney, AP, Washington Post Locations: Georgia, Fulton County, California, Atlanta, Manhattan, Fulton, Cobb County , Georgia

☆ Sam Bankman-Fried's ex-friends and top lieutenants all demolished his criminal defense from the witness stand
▼ + stars: | 2023-10-21 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Sam Bankman-Fried's defense attorneys have argued that FTX's collapse is complicated and he didn't know everything. AdvertisementAdvertisementDuring opening statements at Sam Bankman-Fried's trial, it quickly became clear that prosecutors and his defense attorneys had very different approaches. But Bankman-Fried's attorneys may convince jurors that Bankman-Fried genuinely believed his actions were acceptable in the wild-west cryptocurrency industry. The challenge for Bankman-Fried's attorneys is to convince jurors that he didn't know about any wrongdoing. "Sam directed me to," Ellison testified.

Persons: Sam Bankman, They've, —, — Caroline Ellison, Gary Wang, Nishad Singh —, Thane Rehn, Rehn, Mark Cohen, Ellison, Cohen, FTX, Crypto, it's, Sam Bankman Fried, Craig Ruttle, Sarah Krissoff, Cozen O'Connor, Fried, Krissoff, Singh, Wang, Paul Tuchmann, Wiggin, Dana, Sam, Caroline Ellison, Eduardo Munoz Alvarez, Gary, Sun, He's Organizations: Service, Prosecutors, Alameda Research, Alameda Locations: Manhattan, Washington, Bankman, Alameda, New York, FTX, Bahamas

☆ Will Sam Bankman-Fried take the witness stand? It would be dangerous — but he has little to lose.
▼ + stars: | 2023-10-19 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +12 min

Sam Bankman-Fried needs to decide soon whether he'll take the witness stand in his criminal trial. AdvertisementAdvertisementCaroline Ellison testified in the trial of her ex-boyfriend, Sam Bankman-Fried JANE ROSENBERGFor that reason, the case against Bankman-Fried rests on the credibility of his alleged co-conspirators. In their own questioning of the cooperating witnesses, prosecutors have encouraged them to be open about taking responsibility for their crimes. Court sketch of Sam Bankman-Fried on the first day of his trial JANE ROSENBERG/ReutersIf Bankman-Fried takes the stand, he'll be cross-examined by prosecutors. If Bankman-Fried takes the stand, prosecutors will almost certainly point to more material and catch him in any contradictions.

Persons: Sam Bankman, he'll, he's, —, They're, Fried, Mark Cohen, Lewis Kaplan, who's, Cohen, He's, Caroline Ellison, Gary Wang, Nashad Singh, Sarah Krissoff, Cozen O'Connor, FTX, Mary Altaffer, Kaplan, Paul Tuchmann, Wiggin, Dana, Tuchmann, Adam Yedidia, Fried JANE ROSENBERG, Ellison, Wang, Singh, Bankman, Wang forthrightly, Ellison teared, slovenliness, Prosecutors —, Krissoff, JANE ROSENBERG, hedged, didn't, Judge Kaplan's, SBF Organizations: Service, Defense, US, Alameda Research, Former Alameda Research, AP, Prosecutors, Toyota Corolla, Reuters, ABC News, Alameda . Locations: Manhattan, Alameda, New York, FTX

☆ Some Americans are secretly working multiple remote jobs. Bosses shouldn't be worried about it.
▼ + stars: | 2023-10-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Americans are secretly working multiple remote jobs. AdvertisementAdvertisementOne of your co-workers could be secretly working multiple remote jobs to boost their finances. But holding two remote jobs could breach some employment contracts and lead to job termination. But it could become more popular as the remote work revolution provides additional opportunities for Americans to take on more work. "Clearly, if people can work multiple jobs at the same time, then I need to redefine their role to be more rigorous," she said.

Persons: —, it's, David Barron, Cozen O'Connor, Barron, who've, Aaron De Smet, I'm, Jennifer Moss, De Smet, Xer, Moss, we've, they're, we'll, Nicole Coomber Organizations: Service, McKinsey, University of Maryland Locations: Texas

☆ Trump being charged alongside 18 co-conspirators in Georgia RICO indictment, including Rudy Giuliani and Mark Meadows, means more chances for people to flip on him, experts say
▼ + stars: | 2023-08-16 | by ( Katherine Tangalakis-Lippert | Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Legal experts told Insider that some of them might flip on Trump and cooperate with the prosecution. "It's not surprising to see unindicted co-conspirators," Anna Cominsky, an associate professor of law and the director of the Criminal Defense Clinic at New York Law School, told Insider. She said that some unindicted co-conspirators will never be charged "for whatever reason, perhaps there they're not known. "The other reason why those individuals may not be charged is because they're cooperating," Cominsky said. "There are all kinds of reasons to do that," Tobias told Insider.

Persons: Donald Trump, It's, Anna Cominsky, isn't, Cominsky, —, Rudy Giuliani, Mark Meadows, Scott Hall, Stephen Lee, Sarah Krissoff, Cozen O'Connor, Krissoff, haven't, Willis, Carl Tobias, Fani Willis, Trump's, Tobias, Tristan Snell, Jenna Ellis, Trump, she's, Snell, Ellis, Stan Twardy, Pitney, We've, Twardy Organizations: Trump, Service, Criminal Defense, New York Law School, Fulton County Republican, Southern, of, University of Richmond School of Law, Main Street Law, District of Locations: Wall, Silicon, Georgia, Fulton County, of New York, District of Connecticut

☆ Trump's 3rd indictment is a winnable case — but it won't be a slam dunk, former federal prosecutors say
▼ + stars: | 2023-08-02 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

"I think this is very winnable, but it's not the slam dunk that the documents case is," Neama Rahmani, President of West Coast Trial Lawyers and a former federal prosecutor, said, referring to one of Trump's other federal indictments. Trump's January 6 trial is likely to be more reliant on witness testimony than his classified documents case. In that case, prosecutors have surveillance footage, phone records, and even an audio recording of Trump discussing the classified documents in question to help bolster their case. Brandon Bell/Getty ImagesA prosecutorial path forwardSmith, however, may already be laying the groundwork to get ahead of some of the challenges in the case, Rahmani said. "These are federal charges," Rahmani said of the classified documents indictment and the January 6 case against Trump.

Persons: Jack Smith, Donald Trump, it's, Rahmani, Trump, Stormy Daniels, Donald Trump Alex Brandon, Anna Cominsky, Sarah Krissoff, Cozen O'Connor, Krissoff, Smith, Trump's, Brandon Bell, Tanya S Organizations: Trump, Capitol Riot, Prosecutors, Service, West, Criminal Defense, New York Law School, Southern, of, Department, Former U.S Locations: Wall, Silicon, Lago, Florida, Manhattan, United States, of New York, Washington , DC

☆ The new Trump indictment takes aim at his closest allies. They can save themselves by flipping against him.
▼ + stars: | 2023-08-02 | by ( Jacob Shamsian | Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

The new indictment against Donald Trump refers to six unindicted co-conspirators. The last time a prosecutor tried flipping people close to Trump, it didn't go too well. According to the new federal indictment against him, brought by Justice Department Special Counsel Jack Smith, Trump had six criminal co-conspirators. Smith is also overseeing a separate prosecution against Trump and two alleged co-conspirators related to the ex-president's hoarding of government documents. The Manhattan district attorney's office charged Weisselberg and the Trump Organization with a litany of white collar crimes in 2021.

Persons: Donald Trump, Jack Smith's, Donald Trump didn't, Jack Smith, Trump, Joe Biden's, isn't, fervid Trump, Smith, Sarah Krissoff, It's, Cozen O'Connor, Rudy Giuliani, baselessly, Sidney Powell, Giuliani, Jeffrey Clark, John Eastman, Kenneth Chesebro, Ted Goodman, Trump —, — Mayor Giuliani would've, Trump's, Goodman, Andrew Kelly Giuliani, He's, he's, Powell, Clark, Bill Barr didn't, Eastman, Chesebro, wasn't, Krissoff, Attorney Alvin Bragg, Stormy Daniels, Bragg, Daniels, Cyrus Vance Jr, Prosecutors, Allen Weisselberg, Michael M, I've, Weisselberg, Michael Cohen, Mary Altaffer, they'd Organizations: Service, Justice, Trump, West, Trial, Justice Department, CNN, — Mayor, Former New York City, REUTERS, Twitter, Prosecutors, Manhattan, Attorney, Trump Organization's, Former Trump Organization, Fox News, Trump Organization, New York Attorney, AP, Department, Republican, FBI, DOJ Locations: Trump, Wall, Silicon, Washington, DC, Manhattan

The Canadian pension funds have benchmarked their investments to that level, according to the presentation. Australian pension funds have invested about 50% of their total assets in domestic equities, according to the presentation. China Investment Corp is Teck's single-biggest institutional investor with a 10.3% stake, and Norway's wealth fund, Norges Bank, owns 1.52%, while Canadian pensions together hold 0.78% stake, according to Refinitiv data. All other pension funds did not respond to Reuters request for comments. Canadian pension funds represent 30% of the total financial savings of Canadians.

Launched in February 2022, the FTX Future Fund was part of the FTX Foundation, the philanthropic arm of Sam Bankman-Fried's crypto empire which fell apart last year, in what U.S. prosecutors called an "epic" fraud. Representatives for FTX also declined to comment and declined to say whether the FTX Foundation is included in the bankruptcy proceedings. The FTX Future Fund supported research into topics that "improve humanity's long-term prospects" and was funded primarily by Bankman-Fried, according to a profile of its activities published on Twitter. FTX's statement did not reference the FTX Future Fund specifically. One FTX Future Fund beneficiary in the U.S., who asked not to be named, said they received a grant of more than $150,000.

[1/2] Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration taken, July 8, 2022. Rogers' deal for Shaw was politically sensitive due to the sky-high wireless bills Canadians pay, which are among the highest in the world. Yet, the competition bureau failed to block the merger, losing their protracted battle when a federal court dismissed the case. Now, dealmakers worry the government could intervene in other politically sensitive M&A. "There are not a lot of things people in competition law disagree on.

☆ Rogers-Shaw on cusp of final nod for protracted C$20 bln deal
▼ + stars: | 2023-01-25 | by ( Maiya Keidan | ) www.reuters.com time to read: +2 min

The bureau late on Tuesday accepted the verdict of the Federal Court of Appeal (FCA) and said it would not pursue an appeal. Its decision is widely seen as paving the way for the C$20 billion ($14.98 billion) transaction to clear ahead of its Jan. 31 deadline. It now awaits final clearance from Industry Minister François-Philippe Champagne, who has previously expressed support for the transaction if certain conditions are met. The House of Commons industry committee in March said the deal should not proceed, though, its recommendations are non-binding. Rogers-Shaw have agreed to sell Freedom Mobile, a wireless business owned by Shaw, to Quebecor Inc (QBRb.TO) in order to alleviate competition concern.

☆ Canada judge calls into question regulator's argument to block Rogers-Shaw deal
▼ + stars: | 2023-01-24 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

TORONTO, Jan 24 (Reuters) - A Canada federal judge called into question the competition bureau's argument to block Rogers Communications Inc's (RCIb.TO) C$20 billion ($14.9 billion) bid for Shaw Communications Inc (SJRb.TO) as the court hearing kicked off on Tuesday. But the bureau failed to convince the competition tribunal, a quasi court that handles merger disputes, that the deal is harmful for Canadian consumers. "According to the tribunal, this was not a particularly close case," the judge told the court on Tuesday. "I think the appeal is going to be dismissed," said Michael Osborne, a competition lawyer at law firm Cozen O'Connor. A spokesperson for the competition bureau declined to comment while the matter was before the court.

☆ Rogers-Shaw, Canada regulator to duke it out in federal court over C$20 bln bid
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +3 min

But the bureau failed to convince the competition tribunal, a quasi court that handles merger disputes, that the deal is harmful for Canadian consumers. Rogers offered to sell Shaw's Freedom Mobile unit to Quebecor's (QBRb.TO) Videotron for C$2.85 billion to address anti-competition concerns, but the competition bureau argued that a merged Rogers-Shaw would not have a viable competitor in Quebecor. "I think the appeal is going to be dismissed," said Michael Osborne, a competition lawyer at law firm Cozen O'Connor. For that reason, I think the Court of Appeal will make sure to do it in time for the parties to close." A spokesperson for the competition bureau declined to comment while the matter was before the court.

☆ Court records show law firm Brown Rudnick was hacked in 2020 and its insurance paid a $2 million ransom
▼ + stars: | 2022-11-08 | by ( Jack Newsham | ) www.businessinsider.com time to read: +2 min

The law firm's cyber insurer paid a ransom and wants to hold a tech vendor liable for $2.4 million. The law firm was one of several breached, including Goodwin Procter and Jones Day. The law firm Brown Rudnick paid criminal hackers $2 million in 2020 so they wouldn't publish confidential records online, and its insurer is still trying to recoup the money it spent responding to the attack, Insider has discovered. The software company paid out millions of dollars to settle with people and businesses impacted by the hack. Brown Rudnick’s name was included in a technical alert that was pasted into the lawsuit by its insurance company.

☆ Lawyers Open up About Depression and Suicide, Saying It's Key to Saving Others
▼ + stars: | 2022-08-30 | by ( Casey Sullivan | Sindhu Sundar | ) www.businessinsider.com time to read: +15 min

His doctor had prescribed him antidepressants, but he was starting to realize that his mental health issues needed additional care. They said that doing so could alleviate the struggles of others, and that it's important for law firm attorneys to understand they aren't alone. He also co-founded the Lawyers Depression Project, a support network of some 900 legal professionals around the world, an endeavor he has found meaningful. "I didn't feel like I could keep surviving in an environment that played into the worst aspects of my own mental health," Alexander said. For lawyer-specific inquiries, you can find confidential, live assistance through Lawyer Assistance Programs offered through your state bar, as well as through the Lawyers Depression Project.

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