Tag

Damages

All articles tagged with #damages

Trump targets Harvard with $1 billion damages claim in funding feud
politics24 days ago

Trump targets Harvard with $1 billion damages claim in funding feud

President Trump said he will seek $1 billion in damages from Harvard in a long-running funding feud tied to his administration’s efforts against what it calls woke campus ideology. The move follows reports that the administration backed off a $200 million demand, and comes after a federal court partially overturned the previous $2 billion funding cuts Harvard challenged in court, with the White House vowing to continue challenging the ruling; other Ivies have struck deals to preserve funding rather than fight in court.

McLaren wins $12m-plus damages in Palou contract case
business1 month ago

McLaren wins $12m-plus damages in Palou contract case

London’s High Court ruled in McLaren’s favour in the breach-of-contract case against Alex Palou, awarding more than $12 million (about $10.2m plus another $2m–$2.5m) after Palou refused to join Arrow McLaren for IndyCar and potential Formula 1 duties. The judgment also found partial success on some related claims (sponsorship and performance-related aspects), while Palou’s team argued damages were inflated. Palou indicated he is considering his options and will continue with Chip Ganassi Racing; further interest and legal costs will be decided at a later hearing.

Musk’s $134B OpenAI suit hinges on disputed math, drawing pushback from OpenAI
technology1 month ago

Musk’s $134B OpenAI suit hinges on disputed math, drawing pushback from OpenAI

Musk is seeking $79–$134 billion in damages from OpenAI and Microsoft in a lawsuit arguing OpenAI abandoned its nonprofit mission; he relies on economist C. Paul Wazzan’s analysis that claims Musk contributed 50–75% of OpenAI’s value. OpenAI and Microsoft call the math unreliable and accuse it of cherry-picking factors and ignoring others’ contributions, including co-founders and researchers. They question Wazzan’s method, note he didn’t access xAI data, and say private individuals cannot hold nonprofit economic interests; a trial begins in April, with OpenAI seeking to exclude Wazzan’s opinions.}

Musk seeks up to $134B in damages from OpenAI and Microsoft
business1 month ago

Musk seeks up to $134B in damages from OpenAI and Microsoft

Elon Musk filed a federal suit seeking as much as $134 billion in damages from OpenAI and Microsoft, arguing they earned “wrongful gains” from his early seed funding and influence. He cites estimates that OpenAI gained roughly $65.5–109.4 billion and Microsoft $13.3–25.1 billion due to his contributions, with a trial expected in April in Oakland. OpenAI and Microsoft have rejected the claims as baseless, calling Musk’s demands part of a harassment campaign, while disputing the damages methodology and the prospect of punitive remedies. Musk, who left OpenAI in 2018 and now leads xAI, asserts the expert-backed calculations show transfers from a nonprofit to a former donor-turned-competitor.

Musk pursues up to $134B disgorgement from OpenAI and Microsoft
business1 month ago

Musk pursues up to $134B disgorgement from OpenAI and Microsoft

Elon Musk filed a federal lawsuit seeking as much as $134 billion in damages from OpenAI and Microsoft, arguing his seed funding, leadership, and credibility helped create their value and that the companies earned ‘wrongful gains’ from his involvement. OpenAI and Microsoft challenge the figures, and the trial is set for April in Oakland, California, with Musk potentially seeking punitive damages or an injunction if liable.

Trump Demands $230 Million from DOJ Amid Legal Controversies
politics4 months ago

Trump Demands $230 Million from DOJ Amid Legal Controversies

Donald Trump claims he has the authority to decide whether the government should pay him approximately $230 million for damages related to past investigations, including the Mar-a-Lago search and Russia interference inquiries, under the Federal Tort Claims Act, despite the law's restrictions and the unusual nature of a sitting president seeking damages from the government for investigations into his own conduct.

Nintendo Seeks $4.5M in Damages from Redditor for Switch Piracy
law4 months ago

Nintendo Seeks $4.5M in Damages from Redditor for Switch Piracy

Nintendo of America is suing Redditor James C. Williams for $4.5 million, accusing him of copyright violations including pirating Switch games and trafficking circumvention software, which the company claims has significantly harmed its business and intellectual property rights. Despite initial cooperation, Williams allegedly continued his infringing activities, leading to the lawsuit and a default judgment against him.