Article: Court of Appeals dismisses all but 2 allegations in Hunter vs. Crosby case

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Court of Appeals dismisses all but 2 allegations in Hunter vs. Crosby case

Jennifer Kraus, 19 May 2021

The Minnesota Court of Appeals Monday, May 17, dismissed 29 of 31 claims made by Crosby Mayor James Hunter against Crosby city officials — sending the remaining two back to district court for review.

Hunter, who was elected mayor in the November 2020 election, appealed the Crow Wing County District Court’s Aug. 7 decision to dismiss his defamation case. Hunter filed the defamation case Sept. 9, 2019, stating he lost his reputation, his elected office and spent over two years of his life charged with serious crimes as a result of the actions of Crosby city officials. Continue reading “Article: Court of Appeals dismisses all but 2 allegations in Hunter vs. Crosby case”

Article: Banks Can Argue Funds Passed On UK Forex Rigging Losses

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Banks Can Argue Funds Passed On UK Forex Rigging Losses

Christopher Crosby, 25 February 2021

Institutional investors suing some of the world’s largest banks for manipulating the foreign exchange market will have to prove their losses were not passed on to others after a London court ruled on Thursday that the issue has to be determined at trial.

Nigel Teare, sitting as a judge at the High Court, refused to knock down the legal defense raised by Barclays, CitiBank, HSBC and other lenders to fight claims for damages for allegedly manipulating benchmark rates in the forex market.. Continue reading “Article: Banks Can Argue Funds Passed On UK Forex Rigging Losses”