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Search resuls for: "” Kaplan"


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☆ US judge halts most talc lawsuits against J&J, stops trials
  + stars: | 2023-04-20 | by ( Mike Spector | Thomson Reuters | Mike Spector Is A Correspondent At Reuters Covering Corporate Crises That Span Bankruptcy | ) www.reuters.com   time to read: +1 min
U.S. Bankruptcy Judge Michael Kaplan put most of the litigation temporarily on hold during a hearing in Trenton, New Jersey. J&J says it has broad support for a proposed $8.9 billion settlement, a contention disputed by lawyers representing tens of thousands of talc claimants who oppose it. “I have more questions than answers,” Kaplan said during a Thursday court hearing, referring to arguments made to him about the second bankruptcy case earlier this week. The judge halted roughly 38,000 talc lawsuits consolidated in a federal district court in New Jersey. With regard to other cases, he allowed them to proceed so long as no trials commence.
☆ The hat: Mathematicians invent 'einstein' tile that never repeats
  + stars: | 2023-04-06 | by ( Jacopo Prisco | ) edition.cnn.com   time to read: +7 min
Called “The hat” because it vaguely resembles a fedora, the elusive shape is an “einstein” (from the German “ein stein,” or “one stone”). “I’m not really into math, to be honest — I did it at school, but I didn’t excel in it,” Smith said. “The hat,” however, is an aperiodic tile, meaning it can still completely cover a surface without any gaps, but you can never identify any cluster that periodically repeats itself to do so. How ‘The hat’ worksThere’s nothing inherently magical about “The hat,” according to Kaplan. “We’re not trying to protect it in any way,” Kaplan said.
☆ Judge concerned Sam Bankman-Fried is too ‘technologically savvy,’ could find a way around tech restrictions
  + stars: | 2023-03-10 | by ( Lauren Del Valle | ) edition.cnn.com   time to read: +2 min
CNN —United States District Judge Lewis Kaplan indicated at a hearing Friday he might modify FTX founder Sam Bankman-Fried’s bail conditions, but only after attorneys further tighten the restrictions on Bankman-Fried’s access to technology. Kaplan said he’s still not convinced that the founder of bankrupt crypto trading platform FTX wouldn’t be able to circumvent the more-restrictive bail conditions that were filed last week. “If he’s determined and inventive and I suspect he’s very inventive and technologically savvy he could find a way around it and conceivably not get caught,” Kaplan said in court Friday. Bankman-Fried, who did not attend Friday’s hearing, is currently under house arrest at his parents’ home in Palo Alto, Calif. Judge Kaplan asked the defense to submit an updated bail modification order that would tighten the restrictions to address his concerns.
☆ With Twitter upended by Musk, these services see an opportunity
  + stars: | 2023-02-13 | by ( Jennifer Korn | ) edition.cnn.com   time to read: +5 min
Like Twitter, it offers a social feed of posts with 280-character limits. The list of newer entrants in the markets includes apps created by former Twitter employees, a startup backed by one of Musk’s Twitter investors, and a service from former Twitter CEO Jack Dorsey. The service launched publicly in June of last year, after Musk offered to buy Twitter. (As part of the acquisition, Musk took Twitter private and the company no longer reports user numbers in quarterly securities filings.) Though controversy remains, many Twitter users may feel less urgency to jump ship today than in late October.
☆ Sam Bankman-Fried’s bail is tightened over ‘threat’ of witness tampering
  + stars: | 2023-02-01 | by ( Kara Scannell | ) edition.cnn.com   time to read: +2 min
New York CNN —Sam Bankman-Fried is in trouble, once again, for talking too much. A federal judge on Wednesday temporarily tightened the FTX founder’s bail conditions after learning that Bankman-Fried sent a text message to a former top executive of the crypto trading platform. The restriction comes after federal prosecutors raised the prospect of witness tampering when it discovered that Bankman-Fried had recently contacted the former general counsel of FTX, identified at “Witness-1” in court filings. In the message, Bankman-Fried wrote:“I know it’s been a while since we’ve talked. I’d love to get on a phone call sometime soon and chat.”The judge disagreed with Bankman-Fried’s lawyers’ argument that the message was benign.
☆ New San Francisco clubhouse represents a milestone moment for executive women in tech
  + stars: | 2022-11-26 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +6 min
Executive women platform Chief opened a new clubhouse in San Francisco this week. ‘Sense that this is a first'On the opposite coast, a counterpart executive clubhouse just opened in San Francisco and it holds great meaning beyond its four walls. Chief's San Francisco clubhouse includes a full-service bar. A month after the San Francisco Chief club's opening, women say they already see it as a milestone moment that represents more than just a new building. “It’s interesting coming full-circle and it feels long overdue.”Executive women platform Chief opened a new clubhouse in San Francisco this week.
☆ Trump scheduled to be deposed Wednesday in writer's defamation lawsuit
  + stars: | 2022-10-19 | by ( Summer Concepcion | Summer Concepcion Is A Politics Reporter For Nbc News. | ) www.nbcnews.com   time to read: +2 min
Former President Donald Trump is scheduled to answer questions under oath Wednesday in a defamation lawsuit brought by a writer who alleges he raped her in the mid-1990s. Carroll’s lawsuit claims the former president ruined her reputation when he denied the allegation. Kaplan noted with disapproval a series of attempts by Trump to delay the collection of evidence in the defamation lawsuit. “Given his conduct so far in this case, Mr. Trump’s position regarding the burdens of discovery is inexcusable,” he wrote. Trump has repeatedly denied ever meeting Carroll, saying she was “totally lying” when she accused him of sexual assault.
☆ Kevin Spacey’s attorney tests positive for Covid-19 during trial
  + stars: | 2022-10-13 | by ( Sonia Moghe | ) edition.cnn.com   time to read: +2 min
CNN —Jennifer Keller, a lead attorney representing Kevin Spacey in the sexual misconduct lawsuit filed by Anthony Rapp, has tested positive for Covid-19. Keller tested positive Thursday morning and is symptomatic, US District a judge Lewis Kaplan told the court. Clinical and forensic psychologist Lisa Rocchio is on direct examination by Rapp’s legal team and is expected to be their final witness. Spacey’s attorneys have attempted to poke holes in Rapp’s claims, among them, that Lupita Nyong’o’s New York Times op-ed is what inspired him to come forward with his allegations to Buzzfeed in 2017. Spacey’s legal team has also pointed to discrepancies between Rapp’s claims, including dates he ran into Spacey at industry events.
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