Despite the enthusiasm for the .law registry amid its early rollout, many question whether or not the domains will help firms, and in some respects, can even be considered a mild form of extortion. Well-known firms that rarely acquire new business via the internet will likely be required to purchase the .law extension in order to keep others from buying it in a brand-protecting move.
In addition to suing for compensatory and punitive damages, the plaintiffs are seeking an injunction mandating that the automakers install the automatic shutoff components in all current and future vehicles with keyless ignition systems.
This is the first story I’ve covered for Legal Reader that has made me question everything that I’ve ever known. In what has to be one of the biggest, most tragic cases of meaticide in history.
The nation’s third-largest utility company, Southern Company, announced on Monday that it has purchased natural-gas provider AGL Resources for $8 billion as well as assuming $4 billion of debt, adding up to a total purchase price of $12 billion. Many believe that the deal, which offers a premium of $66 per share for AGL stakeholders,
Although no deaths have been reported from the defect, one of the 19 complaints involved a single-car, front-end collision with injuries. In that incident, a Belleview, Florida driver crashed into a concrete wall head-on at 50 MPH, with the front airbag failing to deploy.
The second data dump comes after Biderman questioned the credibility of the hacker’s claims, with the Impact Team taunting him with a message regarding Thursday’s disclosure, “Hey Noel, you can admit it’s real now.” As reality does indeed set in for both ALM and the millions of users whose personal lives may be altered forever by the leak, sorting out legal liability in the matter will be messy.
Charleston U.S. Attorney Booth Goodwin said that his agency was focused on pursuing prison time for the former executives as a stronger deterrent than financial penalties. Goodwin said, “Executives are used to writing checks. It sends a stronger message if they have to trade their three-piece suits for a prison jumpsuit.”
Valeant’s purchase of Sprout will include $500 million cash up front as well as $500 million when the deal is closed, which is expected to be in early 2016. In addition, Valeant has agreed to give Sprout a portion of future revenues if certain milestones are met, although neither party would discuss specifics. Sprout CEO Cindy Whitehead will join Valeant and lead the division responsible for Addyi.
Although many have likely shrugged or scoffed upon hearing news of the data dump, the ramifications of the disclosures run far deeper than just major relationship troubles. Over 10,000 of the compromised email addresses had .gov extensions with an estimated 5,000 more having .mil (military) suffixes. Adultery is punishable up to a year in prison in the military and can lead to a pension-forfeiting dishonorable discharge.
Despite the hefty sum, many in the industry believe that the amount does not come close to the actual costs incurred by the thousands of banks and other financial institutions that issue cards under the Visa name.