Legal Archives

Online Sales Tax: What Happens Now?

After years of legislation that came close but went nowhere, this week the U.S. Supreme Court dropped the big one: In a 5-4 decision, the court ruled...

Supreme Court Rules in Favor of Online Sales Tax

E-tailers can now be required to collect sales taxes from consumers, even in states where they don't have a physical presence, the Supreme Court...

Jawbone Employees Charged With Stealing Trade Secrets

Six former employees of defunct wearable manufacturer Jawbone are accused of stealing trade secrets from that company and delivering them to rival...

U.S. Treasury Slaps More Sanctions on Dan Gertler

On June 14, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 14 more entities related to Israeli diamond...

Nirav Modi’s Specter Haunts Chapter 11 Cases

It’s never good news when your owner is accused of a billion-dollar fraud. But after Indian diamond magnate Nirav Modi (pictured) was charged with...

Parag Diamonds’ Bid for A. Jaffe on Hold

On May 19, the debtors' counsel for A. Jaffe withdrew its motion for the sale of the company, putting Parag Diamonds’ expected purchase of the...

Indian Government, Bank Aim to Halt Firestar Auction

The Indian Ministry of Corporate Affairs and state-owned Punjab National Bank are asking the court overseeing the Firestar Diamond Chapter 11 case to...

Parag Diamonds Wins A. Jaffe Bankruptcy Auction

Parag Diamonds was the winning bidder in the A. Jaffe bankruptcy auction, held May 3 in New York City, according to a notice of results filed in New...