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Settlement Agreement

All articles tagged with #settlement agreement

sports1 year ago

Baker Mayfield Sues Father's Company for $12M Settlement Breach

Tampa Bay Buccaneers quarterback Baker Mayfield has filed a $12 million lawsuit against his father and brother's company, Camwood Capital Management Group, for breaching a settlement agreement. The lawsuit claims that the defendants transferred over $12 million from Mayfield and his wife without their knowledge and have failed to meet repayment terms. The settlement required Camwood Capital to make scheduled payments starting in September, which have not been fulfilled, prompting Mayfield to demand full repayment.

via The New York Times|
#baker-mayfield#camwood-capital#lawsuit
politics1 year ago

Hegseth Faces Scrutiny Over Sexual Misconduct Allegations and Past Actions

Pete Hegseth, nominated by President-elect Trump to lead the Pentagon, is facing scrutiny over a 2017 sexual assault allegation. Hegseth, a former Fox News co-host, claims the encounter was consensual and has settled with the accuser, who signed a nondisclosure agreement. The incident, which was investigated by police, could jeopardize his confirmation. Hegseth's stance against women in combat and other controversies surrounding Trump appointees add to the complexity of the situation.

via Axios|
#pentagon-nomination#pete-hegseth#politics
real-estate1 year ago

"Future Trends in Real Estate Agent Usage and Commission Settlements"

The National Association of Realtors recently announced a $418 million settlement and practice changes related to broker commissions, leading to speculation about the future of real estate agents. However, the NAR asserts that real estate agents will remain essential partners for homebuyers, with the settlement prohibiting the sharing of compensation offers on multiple listing services and requiring written agreements with buyers. While consumers will still have options for compensating brokers, the NAR emphasizes the continued value of real estate professionals in providing specialized knowledge, guidance, and support throughout the homebuying process.

via Fortune|
#broker-commissions#homebuyers#national-association-of-realtors
politics1 year ago

"DeSantis and Disney Settle Control Battle Over Disney World District"

Ron DeSantis claimed victory over Disney by forcing them to forfeit their deal with the Central Florida Tourism Oversight District, granting Disney functional control over the district. However, the settlement agreement actually appoints a Disney-friendly figure to run the district, invalidates the new board's actions, and prevents the entity from interfering with Disney's interests. This outcome, framed as a victory by DeSantis supporters, is seen as more of a compromise, with Disney maintaining its powerful lawsuit as leverage in negotiations.

via Above the Law|
#disney#florida#legal-battle
business1 year ago

Disney and DeSantis Reach Settlement in Florida Tourism Lawsuit

Disney and the board appointed by Florida Governor Ron DeSantis have reached a settlement agreement, ending a legal battle and declaring a controversial development agreement "null and void." The agreement strips the board of much of its power and was enacted by Disney before it was replaced by DeSantis' appointees. Disney is separately suing DeSantis and other officials in federal court, but under the settlement, Disney won't end that appeal. The settlement coincides with the appointment of a new administrator, seen as a "peace offering" to Disney, and is likely to make relations between the board and Disney less acrimonious.

via Forbes|
#business#disney#florida
entertainment1 year ago

"Kevin Costner and Christine Baumgartner's Divorce Officially Finalized"

Actor Kevin Costner and his wife Christine Baumgartner have finalized their divorce after nearly two decades of marriage, with a judge declaring them legally divorced and both becoming single. The couple will have joint custody of their three children, and Costner has been ordered to pay about $63,000 per month in child support following a settlement agreement that allowed them to avoid a contentious trial.

via USA TODAY|
#child-custody#christine-baumgartner#divorce
business2 years ago

Elon Musk Challenges SEC's 'Twitter Sitter' Agreement in Supreme Court

Elon Musk is asking the U.S. Supreme Court to overturn a settlement agreement with the Securities and Exchange Commission (SEC) that required a lawyer to review and approve his Tesla-related tweets. Musk's attorneys argue that the provision violated his free speech rights and coerced him into agreeing to "unconstitutional conditions." The SEC charged Musk with securities fraud in 2018 after he tweeted about having "funding secured" to take Tesla private. Musk and Tesla settled with the SEC, but he now seeks to challenge the agreement, claiming it restricts his speech and imposes ongoing threats of contempt, fines, or imprisonment. A circuit court has already refused to hear the appeal, and Musk would need four Supreme Court justices to agree to take the case.

via CNBC|
#business#elon-musk#sec
society2 years ago

Florida Hotels Fined $5K for Allowing Minors at 'A Drag Queen Christmas' Show

The Hyatt Regency Miami has agreed to pay a $5,000 fine and bar anyone under 18 from attending shows with specific sexual activities after minors attended a Christmas-themed drag show at the hotel. The Florida Department of Business and Professional Regulation (DBPR) filed a complaint against the hotel, alleging that it promoted the show as open to all ages without disclosing its sexually explicit nature. The settlement comes amid ongoing efforts by Florida Governor Ron DeSantis to ban drag shows, although a federal judge has blocked the law from going into effect. A Drag Queen Christmas, the nationwide tour featuring performers from "RuPaul's Drag Race," is excited to return to Florida this season.

via USA TODAY|
#drag-queen-christmas#florida#hyatt-regency-miami
education2 years ago

"Portland Teachers Strike: Marathon Negotiations Continue Amid Rising Community Tensions"

Negotiations between Portland Public Schools and the teachers union continue as they try to reach a settlement to end the ongoing teachers strike. The district proposed a reentry plan that would bring students back to school on November 27, but the union has yet to agree. A major hurdle in the negotiations is the disagreement over the role of parents in resolving class size issues. Both sides are working through a mediator, and when an agreement is reached, it will need to be ratified by the school board and union members.

via OregonLive|
#class-size-committees#education#negotiations
education2 years ago

"Charleston Co. School District Faces Turmoil: Superintendent's Departure Sparks Clash and Calls for Unity"

The Charleston County School Board has voted to pay former Superintendent Eric Gallien over $350,000 as part of a settlement agreement to part ways. An outside investigation found that Gallien did not create a hostile work environment, but he was found to have intentionally failed to comply with directives from the board. Gallien will receive one year's salary, an additional $50,000, reimbursement for expenses, and attorney fees. The board will now begin discussions on searching for a new superintendent.

via Charleston Post Courier|
#charleston-county-school-board#education#hostile-work-environment
immigration2 years ago

Settlement Reached: Biden Administration Ends Migrant Family Separations

The Biden administration has reached a proposed settlement agreement with the American Civil Liberties Union (ACLU) regarding the separation of migrant families under the Trump administration's "zero tolerance" policy. The settlement, which still needs to be reviewed and approved by a federal judge, would establish new standards to limit future family separations and provide support services for those previously separated. It would also grant temporary relief from deportation and work authorizations for over 3,900 children and their families. The ACLU estimates that around 1,000 children still remain separated from their parents.

via ABC News|
#aclu#biden-administration#family-separations
legal2 years ago

Texas AG Paxton's Whistleblower Lawsuit Advances in Court

Texas Attorney General Ken Paxton will face a new trial in a lawsuit filed by former aides turned whistleblowers, as the state Supreme Court denied his request to review the case. The court also dissolved the $3.3 million settlement agreement Paxton had reached with the plaintiffs. Paxton, a staunch conservative Republican, will now have to answer questions under oath or plead the Fifth Amendment. The upcoming trial will take place in Travis County District Court and will require Paxton to testify. The whistleblowers' allegations were also the basis for Paxton's recent impeachment trial, where he was acquitted of 16 charges.

via The Washington Post|
#lawsuit#legal#settlement-agreement
education2 years ago

Legal Advocates Expose Student-Loan Company's Violation of Debt Relief Settlement

Student-loan borrowers who were part of a 2022 settlement are still waiting for their relief to be processed, as a legal advocacy group claims that a student-loan company, MOHELA, is not implementing the settlement terms correctly. Some borrowers within the settlement have been told they have to resume payments in October, despite instructions from the Education Department to place them on forbearance until their relief is processed. The group alleges that this violates the court-approved settlement agreement and applicable regulations and has requested MOHELA to work with the Education Department to rectify the situation. Advocacy groups and lawmakers have expressed concerns about the preparation of servicers as millions of borrowers transition back into repayment.

via Business Insider|
#advocacy-group#debt-relief#education
education2 years ago

"Thousands of Student Loan Borrowers Granted Forgiveness, but Obstacles Remain"

The Biden administration and a class of student loan borrowers reached a landmark settlement agreement, providing at least $6 billion in student loan forgiveness to over 260,000 borrowers. However, a major loan servicer, MOHELA, is accused of violating the terms of the agreement by notifying borrowers that they have to start repaying their loans in October, contrary to the forbearance status specified in the settlement. The legal organization representing the borrowers, the Project on Predatory Student Lending, has warned of potential legal action if the collections efforts continue. This issue adds to the problems faced by borrowers as student loan payments resume, including long call hold times, misinformation, and processing errors.

via Forbes|
#borrower-defense#education#mohela
homelessness2 years ago

Homeless Crisis: Bulldozed Encampments and Clearing Out in Chico and New Haven

The city of Chico, California, will continue to follow the protocols of the Warren v. Chico settlement agreement until January 2027, even after clearing the south side of Depot Park. City outreach and engagement teams will assess new camps, ensure sufficient shelter space, and obtain approval from the plaintiffs who sued for the clearout plans. The city plans to issue seven-day notices to the remaining individuals at Depot Park on August 21.

via Action News Now|
#chico#depot-park#homeless-crisis