Tag: Denied

US Judicial Panel on MDL Denied Some, Approved One BI Insurance Suit

Efforts by some policyholders to consolidate ongoing insurance coverage lawsuits against four insurers into a business interruption MDL were upended this week when the U.S. Judicial Panel on Multidistrict Litigation denied their requests to consolidate cases, but allowed some to consolidate their cases against a fifth. The business interruption MDL created by the JPML follows the JPML decision in August, where it declined to consolidate a spate of nationwide coverage cases brought largely by restaurants, gyms, salons and dental practices, into a single MDL, but left the door open to insurer-specific MDLs. While acknowledging that “time is of the essence” and that many policyholder plaintiffs impacted by the COVID-19 pandemic are “on the brink of bankruptcy,” the panel ultimately felt it was less efficient to consolidate the majority of claims against the insurers.

After hearing oral arguments in late September, the panel’s ruling determined that consolidation of up to 34

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College Football Playoff expansion proposal is denied

When the Pac-12 CEO group decided to have a college football season, set to begin on Nov. 6/7, a lot of the chatter quickly turned to whether or not the conference could potentially have a team make the College Football Playoff.

While the schedule has yet to be released, it’s expected that the Pac-12 will play six conference games and then a conference title game, giving the conference champion a total of seven games. Now how those seven games would compare to somebody from the Big Ten, SEC, ACC or Big 12, all of whom will have at least 10 games played, remains to be seen.

That’s why Pac-12 commissioner Larry Scott pitched the idea to the college football playoff committee about expanding the current format from four teams to eight for this upcoming season. 

Unfortunately that idea was shot down and the CFP will stay at four teams for

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Entrepreneur buys a bank building that denied him credit for his business

a person standing in front of a building

© Adam Deering vía Instagram

  • Today Adam is a respected businessman who has developed companies such as Hanover Insolvency and Pride Planning.

‘Revenge is sweet’. Adam Deering , 39, bought the bank building that denied him credit to start as an entrepreneur, the financial institution alleged at that time that the entrepreneur “was very young and inexperienced.”

“So last week I bought the bank building where I was turned down for a loan at age 21!” The British businessman wrote on his Instagram account.

Nearly two decades ago Adam, a resident of the city of Urmston (England, UK), created a business plan and made an appointment with the bank manager to discuss how to open an account and obtain a business loan.

“Before entering the bank I prayed because I had no cash and had no idea how I would fulfill my dream without it,” explains Adam. However, after a

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Are visa holders being denied access to domestic violence support?

Women affected by domestic violence should have access to all the social support they require. Visa status shouldn’t get in the way of that.

The following story contains descriptions of domestic violence.

Anjali* had to make a terrifyingly quick decision in 2016 when her husband held a broken glass and threatened to kill her. She knew inviting law enforcement into their Sydney home might threaten his visa status — which her own visa was tied to — and in turn the stability of her two daughters’ lives. But after almost two decades of violence she wanted safety for her and her children.

“Within two minutes [the police] came and they witnessed everything and they protected me and they arrested him,” she said. “I am sure he would not spare me next time and if I were to see him now I would collapse from terror.”

Anjali did not know

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Bitmain Denied, Coinbase Blocked and a Potential EOS Exit Scam

Bitmain’s appeal to recoup $30 million in alleged lost revenues from Poolin has been denied, Digital Currency Group has acquired a retail-focused exchange and Venezuelan officials appear to have blocked access to Coinbase. 

Top shelf

Bitmain bust
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of Poolin, one of the world’s largest cryptocurrency mining pools, CoinDesk’s Wolfie Zhou reports. The mining giant Bitmain claims Poolin’s founding executive broke non-compete agreements in starting its BTC mining operations, leading to millions in lost revenue. While the Beijing No. 1 Intermediate People’s Court found Bitmain failed to provide sufficient evidence that its business losses equaled more than fines already imposed, it did agree to increase fines for Poolin’s co-founders. Bitmain originally sought $4.3 million in restitution when filing the suit in April 2019. Meanwhile, rival mining firm Canaan said

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