A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …
Apple Loses UK Class Action Over Excessive App Store Charges
Apple Inc. lost a class-action in the U.K. after a court ruled that it abused its dominant position to charge excessive commission from app developers.