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APPEALS COURT RULING
Indiana woman contested father’s will to leave entire estate to his fiancée after death, lost the appeal, was ordered to pay $22,208 and now faces additional appellate penaltyAn Indiana woman who challenged her late father’s will after he left his entire estate to his fiancée instead of his three children has los...
Yes Bank shares rise as Q2 profit beats estimates, but AT1 bond verdict hit pegged at Rs 5,217 crore. What lies ahead?Yes Bank shares rose after falling 17% over two sessions, following a 65% year-on-year jump in Q2 net profit to Rs 1,080 crore. However, th...
- In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownership
James M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay ...
Law ministry brings new rules for adjudicating court fee violations in Union territoriesThe Union law ministry has notified rules to address violations of court-fee and stamp-sale provisions in Union territories. The 2026 rules...
Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 croreYes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...
Reservation push by states faces judicial testsThe Supreme Court upheld the Madras HC's ruling that religious conversion from Hinduism to another religion does not entitle a person to SC...
Yes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appealYes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...
Son living in father's property receives eviction notice after family feud, he fights back in court; Delhi High Court orders son's family to vacateDelhi High Court upheld a father-in-law’s decree for possession of his Paschim Vihar flat but said his widowed daughter-in-law cannot be ev...
Converts from Hindu can't claim quota on previous status: SCThe Supreme Court ruled that converts from Hinduism cannot claim reservation benefits from their previous caste status. This decision follo...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happened
Cervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
He wrote $464,000 in checks before his father's death; the IRS later challenged the giftsA Pennsylvania man's decision to write 11 checks worth $464,000 five days before his father's death led to an IRS estate tax dispute. A US ...
YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-offYES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Cour...
In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
Stripchat loses legal fight against EU tech labelAdult content platform Stripchat has lost its legal case against EU regulators over online content rules. The European Commission had desig...
Anthropic seeks rehearing of case over Pentagon's security risk brandingAnthropic asked a US appeals court on Tuesday to reconsider a ruling that upheld the Pentagon's decision to label the AI company as a natio...
- US Supreme Court agrees to hear watchdog lawsuit seeking records on Elon Musk's DOGE
The US Supreme Court has agreed to hear a lawsuit concerning public records about Elon Musk's Department of Government Efficiency. Citizens...
In 2000, Allen Paulson left behind $193 million fortune, unpaid taxes, family inheritance fight led US authorities to pursue his heirsPaulson died on July 19, 2000, leaving behind an estate valued at $193.4 million for federal estate-tax purposes. Most of his assets were h...
Karnataka Cabinet to decide on appeal against High Court ruling on SC/ST quotaThe Karnataka Cabinet will review the High Court's ruling that annulled the increased SC/ST reservation in college admissions. This law rai...
In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
In 1972, US investor received property, agreed to swap it same day, IRS challenged his tax treatment: Why court couldn't tax the exchangeThis case involves Joseph R. Bolker and his property called Montebello. Things got complicated and the issue eventually went all the way to...