HipHopWired Featured Video Source: MEGA / Getty The dropping of Kanye West continues. His lawyers are looking to cut ties with him and are considering newspaper advertisements to let him know. As spotted on TMZ, the Chicago, Illinois native is about to get some more bad news in the very near future. According to the celebrity gossip website Greenberg Traurig, LLP will no longer represent the creative with regards to his legal matters. It seems the firm has had more than their fair share of his bizarre antics. On Friday, Jan. 13 they filed paperwork asking District Judge Analisa Torres for an extension to be withdrawn from a case. They say there has been “a breakdown in communication” as they have tried to inform Kanye that they plan on no longer representing him. They also make refere...
While investors are eager to know when they will be able to get their funds back from the now-bankrupt crypto exchange FTX, insolvency lawyers warn it could take “decades.” The crypto exchange, along with 130 affiliates filed for Chapter 11 bankruptcy protection in the United States on Nov. 11. Insolvency lawyer Stephen Earel, partner at Co Cordis in Australia said it will be an “enormous exercise” in the liquidation process to “realize” the crypto assets then work out how to distribute the funds, with the process potentially taking years, if not “decades.” This is due to the complexities that come with cross-border insolvency issues and competing jurisdictions, he said. Earel said unfortunately FTX users are in the queue with everyone else including other creditors, investors and venture ...
The new CEO and chief restructuring officer for the bankrupt FTX cryptocurrency exchange, John Ray, has icily responded to the erratic series of tweets from former CEO and founder Sam Bankman-Fried. The official Twitter account of FTX on Nov. 16 tweeted a statement from Ray addressing Bankman-Fried’s recent public statements, reiterating he “has no ongoing role at [FTX], FTX US, or Alameda Research Ltd. and does not speak on their behalf.” (3/3) Mr. Bankman-Fried has no ongoing role at @FTX_Official, FTX US, or Alameda Research Ltd. and does not speak on their behalf. — FTX (@FTX_Official) November 16, 2022 On Nov. 14 Bankman-Fried began a strange Twitter thread that — over the course of 40 or so hours — eventually spelled out “What HAPPENED” across nine tweets, he then went on to claim he...
The lead counsel to the proscribed Indigenous People of Biafra (IPOB), Ifeanyi Ejiofor, has said the arrest and arraignment of Nnamdi Kanu earlier Tuesday was without his knowledge. “We have just confirmed through a correspondence from the Federal High Court Abuja about the arrest and the extradition of my Client- Mazi Nnamdi Kanu by the Nigerian State,” Mr Ejiofor said in a statement on Tuesday evening. “He was brought before the Federal High Court No 2 Abuja today on an Eleven count charge, though without our knowledge,” the attorney added. He said regardless of the offences or charge against his client, he is still presumed innocent of the allegation under the law. Mr Kanu, who is being prosecuted on charges of treasonable felony, was re-arrested and returned to Nigeria on Sunday, the A...
Baba Ijesha’s Lawyer, Dada Awosika Slams Social Media Haters The leading counsel to Nollywood actor Olanrewaju Omiyinka aka Baba Ijesha , Mr Dada Awosika (SAN), says he is aware that he will be cursed on social media for defending the actor facing trial for defilement. NAN reports that Awosika made the comment on Thursday during proceedings on the actor’s bail application before an Ikeja Special Offences Court. He was responding to a plea to the court for witness protection by Mrs Olayinka Adeyemi, Lagos State Director of Public Prosecution. Adeyemi had alleged that prosecution witness Mr Damilola Adekoya (alias Princess) had been receiving threats from anonymous persons. She requested that the defendant should sign an undertaking promising that the threats would stop. In his r...
Paul Rusesabagina, the ex-hotelier immortalised in the film “Hotel Rwanda”, never belonged to a rebel group that sought to overthrow President Paul Kagame, one of the former rebels accused with him of terrorism told a court on Wednesday. “Rusesabagina was never a member of the National Liberation Front (FLN), he was a civilian … He is not a soldier,” former FLN spokesman Callixte Sankara told the court in Kigali. He said the prosecution had presented no evidence to substantiate its claim that Rusesabagina had given orders to the FLN, which has claimed responsibility for attacks in past years that it said were aimed at ousting the president. Sankara is one of 20 Rwandans being tried alongside Rusesabagina, who is 67. Prosecutors describe them as fighters for the FLN. Most were captured in s...