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Russia settles another dollar debt

Russia’s coupon payment on a sovereign bond maturing in 2029 has been processed by correspondent bank JPMorgan Chase, Reuters reported on Tuesday, citing sources. The country was due to make a $66 million payment to bondholders on Monday on the bond. According to a source familiar with the situation, JPMorgan …

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Prince Andrew settles sex abuse lawsuit

Prince Andrew, the second son of Queen Elizabeth II, has reached a settlement with Virginia Giuffre, who had accused the senior British royal of sexually abusing her when she was a teenager, according to a court filing in New York on Tuesday. The 61-year-old Duke of York agreed to pay …

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Russian tycoon settles ‘Putin’s People’ libel suit

The billionaire brought the suit in response to the 2020 book ‘Putin’s People’, in which author Catherine Belton chronicled Putin’s rise to power and alleged, among other things, that he had directed Abramovich to buy the club in 2003 to expand Russian influence in the West. HarperCollins, the book’s publisher, …

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USA Gymnastics settles with abused athletes

The settlement was announced on Monday by the federal bankruptcy court in the Southern District of Indiana. USA Gymnastics filed for bankruptcy protection in 2018, following a deluge of lawsuits over years of Nassar’s abuse. “This chapter is finally closed,” tweeted Rachael Denhollander, whose 2016 complaint brought Nassar’s abuses to light. …

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Johnson & Johnson settles opioid case in New York, will pay up to $230 million and stop selling deadly drugs in US

“Johnson & Johnson will pay up to $230 million for its role in fueling the opioid crisis that has devastated communities across New York,” the state’s attorney general, Letitia James, announced on Saturday. The settlement excludes the drugmaker from an upcoming lawsuit charging multiple opioid manufacturers and distributors with deceptively …

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