Tag

Legaldispute

All articles tagged with #legaldispute

businesslegal2 years ago

"Haslam-Buffett Legal Showdown Trial Called Off for Monday"

The scheduled trial between Browns owner Jimmy Haslam and billionaire Warren Buffett over the value of the remaining 20 percent of Pilot Corporation has been canceled, suggesting an informal resolution to their legal dispute. Accusations had been made against Haslam regarding promised bribes to inflate the company's value, which he denied. Details of the settlement are not disclosed, but it implies that the parties involved have managed to resolve the conflict without going to court.

business-and-finance2 years ago

"Haslam Family Lawsuit Against Berkshire Hathaway Over Truck-Stop Valuation Dropped"

The trial to determine if Berkshire Hathaway used an accounting method that undervalued the Haslam family's minority stake in Pilot Travel Centers has been unexpectedly canceled. The reasons for the cancellation are unclear, and it is unknown if a settlement has been reached or how this will affect other claims, including those of illicit payments by Jimmy Haslam. The outcome of the trial could have required Berkshire to pay up to $1.2 billion more for the Haslam's stake. The dispute centers around the use of "pushdown accounting," which the Haslams claim was unauthorized and reduced the value of their stake.

entertainment2 years ago

"Elijah Blue Allman Fights Cher's Conservatorship Amid Claims of Sobriety and Concerns Over Finances"

Elijah Blue Allman, son of Cher, has filed a legal objection to his mother's request for a conservatorship over him, asserting his sobriety and ability to manage his own affairs. Despite past struggles with addiction, Allman claims he has been clean for over 90 days and is under medical care and attending AA meetings. He believes that if necessary, his wife should be considered for conservatorship, but maintains that he does not require such assistance. Cher, on the other hand, has expressed concern over her son's ability to manage his finances due to past mental health and substance abuse issues.

television2 years ago

"Pat McAfee Regrets Fueling Kimmel-Rodgers Clash on Epstein Allegations"

Pat McAfee, host of an ESPN television show, apologized for comments made by Jets quarterback Aaron Rodgers on his show, where Rodgers suggested Jimmy Kimmel had ties to Jeffrey Epstein. Kimmel denied the allegations and threatened legal action. McAfee's show is known for its unorthodox style, and his apology comes amid potential tensions with ESPN and ABC, both owned by Disney. Rodgers has been a regular on McAfee's show, often making controversial statements.

gaming2 years ago

"Frogwares Triumphs in Legal Feud, Announces The Sinking City Revival with Fresh Version"

Frogwares has regained full publishing rights for their 2019 game, The Sinking City, and will be updating storefronts with the latest version of the game. This follows a legal dispute with former publisher Nacon over copyright and withheld royalties, which led to the game being pulled from various platforms. The developer will also release a new DLC named Merciful Madness, compatible only with the new version of the game. Saves from the old PC version will not be compatible with the updated game, and players are advised to complete their playthroughs before February 28, 2024.

technology2 years ago

"Contested Apple Watch Sales Resume in U.S. Amid Import Ban Controversy"

Apple has resumed selling its Apple Watch Series 9 and Ultra 2 models after a federal appeals court in Washington D.C. temporarily paused an import and sales ban. The ban, which was a result of a lawsuit by Masimo alleging patent infringement on blood oxygen sensors, could be reinstated depending on upcoming decisions by the International Trade Commission. Apple is working on a redesign of the sensor to address the issue, with the budget-friendly Apple Watch SE unaffected as it lacks the sensor in question. The company argues that the ban would cause significant harm to its business, with the Watch segment generating substantial revenue.