Author: Aron Solomon

What the FTX Happened? What a week for those who are wary that cryptocurrency might be one massive scam and legal black hole. Sam Bankman-Fried, son of a Stanford law professor and a law professor who is also a highly-regarded political fundraiser, saw his net worth plummet this week to zero from a peak of $26,5 billion, as per Forbes. Known by many as simply SBF, he put FTX into bankruptcy last Friday, driven by up to $2 billion of missing client funds, in what appeared to some to be the work of company insiders. Bankman-Fried also secretly transferred $10…

Cutting Down the Nets. The Brooklyn Nets have won less than half their games in this young season, which is markedly better than they’re doing off the court. After firing head coach Steve Nash, the Nets leaked information that suspended Celtics head coach Ime Udoka would soon take over the team. That landed like a lead balloon as Udoka was suspended for sexual misconduct. So, finally, on Wednesday, the Nets announced that interim head coach Jacque Vaughn would get the job. All of this is happening with Kyrie Irving under an indefinite suspension for conduct detrimental to the team -…

On Tuesday, midterm elections will shape the landscape for years to come. Of particular interest to me is the Senate, which is going to have some very interesting races wrap up next week and beyond. I look at a lot of polls, both aggregators of polls such as ABC’s FiveThirtyEight, as well as a range of independent polls that are more aligned to the interests of the two major parties. I think that when it comes to polls, reading them widely is the way to go. The seats that are being retained in the 100-seat Senate chamber are: Republican: 29…

As the Washington Post reported earlier this long, hot, summer, a pregnant Texas woman who was driving along in the HOV lane on Dallas’ Central Expressway, was given a ticket for not having a passenger with her. Brandy Bottone, 34 weeks pregnant, argued that her vehicle did indeed fit the HOV lane definition as she did have a passenger. You guessed it – her unborn child. According to another report by NBC Dallas-Ft. Worth, Bottone said: “Well (I’m) not trying to throw a political mix here, but with everything going on (with Roe v. Wade), this counts as a baby.”…

The year is 2030. Most humans have been replaced by machines in U.S. warehouses and factories. Millions of Americans are out of work and struggling to find jobs as robots pack, sort, ship, and carry out the myriad duties that just ten years ago were the purview of living, breathing workers. There are little job prospects in sight for these workers as automation has completely taken over numerous industries. The Future is Now As fictitious as this sounds, it is not a scene out of a science-fiction novel, but instead a scenario that could occur in the very near future.…

When reality TV collides with real life it can be a real mess. Some wildly successful reality TV series manage to capture the zeitgeist in ways that even the people behind the show wouldn’t have expected. That’s the case with Netflix’s “My Orthodox Life,” a show that has had an amazing run on the streaming service. The show is about a matriarch, Julia Haart, who leaves her Hassidic life and ends up becoming a fashion mogul. There are a lot more levels to this reality gem, but that’s the Reader’s Digest version. As we follow the new life that she…

By Aron Solomon This article first appeared in Inside Sources Specific performance is a legal concept Elon Musk is undoubtedly aware of but wishes he weren’t. It is a remedy available in contract law to ensure that one party to a contract performs their side of the deal. Through specific performance, a court orders a party to a contract to perform where simple monetary damages aren’t an adequate remedy. Everyone has been talking about the $1 billion that Musk would owe Twitter if he backs out of the deal. That amount would be owed per the contract terms between Musk…

By Staff Writer The man who has done everything in legal sphere now turns his attention to one of the hottest verticals in legal – litigation financing. As the co-COO of New York-based Burford Capital, David Perla spent time in our studio discussing the foundation and future of litigation finance, who it benefits the most, and why it’s sure to continue to expand and evolve. Watch the informative full interview below.

By Staff Writer This article originally appeared in Time Where is Brittney Griner? Now that Trevor Reed, a U.S. citizen and former Marine held in Russian detention since 2019 on specious charges for endangering the “life and health” of Russian police officers in an altercation, has returned home, this question has been rekindled. Reed was freed on Wednesday in a prisoner swap involving Russian citizen Konstantin Yaroshenko; the ex-pilot had been convicted of drug smuggling in 2011 and was serving a 20-year sentence in Connecticut. Reed, however, wasn’t the only American being held in Russia under suspicious circumstances (U.S. Ambassador to Russia John…

By Staff Writer Criminal Attorney David Gelman of Gelman Law, joined Action News 5′s Andrew Douglas at the digital desk to talk more about the outcome of the Johnny Depp-Amber Heard defamation trial and what could happen next. Watch the full interview below.