sanctions News

Florida Jury Awards $32M Against Cleveland Clinic. Did ‘Changing Stories’ Play Role?

A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of a man who was not put in intensive care after suffering septic shock and who later died. The jury found …

Former MMA Attorney Suspended; Texas Judge Approves Temporary Restraining Order Against Law Firm

A former attorney for McClenny Moseley & Associates, who was accused of dishonesty while participating in his law firm’s filing of hundreds of hurricane-damage lawsuits, agreed last month to a nine-month suspension of his law license in a settlement with …

Texas Judge Orders Houston Attorney to Reimburse Insurer $137,000 for “Frivolous” Lawsuit

A Texas judge has ordered a Houston plaintiffs’ attorney to reimburse an insurer $137,000 for the legal fees it expended to defend itself against a “frivolous” and “groundless” lawsuit that was filed “solely for the purpose of harassment.” Harris County …

La. Judge Mulling Further Sanctions Against Hurricane Damage Law Firm

A federal judge in New Orleans has called owners of McClenny Moseley & Associates back into his courtroom again, this time to decide if the law firm should be sanctioned — and if so, how much — for making misrepresentations …

US, UK Sanction Russians Tied to TrickBot Hacking Gang

The US and UK have imposed sanctions on seven alleged members of a Russia-based cybercrime gang, the first such joint action from the two countries. The sanctions target accused members of TrickBot ransomware group, which officials say developed a virus …

Criminal Attorney Signs on to Represent Houston Hurricane Claim Filing Law Firm

Houston, Texas-based McClenny Moseley & Associates hired a criminal defense lawyer after being sanctioned last week by a federal judge in New Orleans for filing lawsuits on behalf of a homeowner it did not represent. On Tuesday, the law firm …

U.S. Imposes Sanctions on Virtual Currency Mixer Tornado Cash

The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes. A senior Treasury Department official said Tornado Cash, one of the …

Sanctions Against Sudan Are Lifted but Insurers Still Can’t Buy Overseas Reinsurance

Sixteen months after the United States lifted most sanctions on Sudan, businesses are unable to operate dollar transactions, insurance companies are cut off from the reinsurance market and the local airline is virtually grounded for lack of spare parts. The …

North Korean Shipping Company Evades UN Sanctions, Obtains Marine Insurance

A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors. The U.N. Security Council’s Panel of Experts on …

Iran Accord Would End Sanctions on Many Industries Including Re/Insurance

Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return for ending sanctions that have crippled the nation’s economy and slashed its oil exports. Here are some of the key …