Compensation

The extended wait for repayment has been a source of frustration for Mt. Gox creditors, and the delay has led to speculation about its potential impact on the crypto market. After a decade of uncertainty and numerous delays, creditors of…

The Post Office has cut the size of the compensation pot it set aside to pay branch managers wrongly convicted of theft and false accounting by half. Its annual accounts show it has now set aside £244m, down from £487m last year.…

FTX has challenged the IRS on its $24 billion tax bill claims, arguing that the agency’s “unexplained” tax debt would heavily affect its customer fund recovery efforts, potentially diverting funds away from FTX victims.  FTX…

Israel's cabinet has approved the Ministry of Finance's plan to compensate businesses for the indirect damage of the war. The plan includes a continuity grant for businesses all over the country (businesses on the front…

Israel's Property Tax Compensation Fund has become an alternative source of funding for the government. The government has used the fund as a source to bypass the state budget as required, for example to reduce the excise…

United Auto Workers members strike at the Ford Michigan Assembly Plant on September 16, 2023, in Wayne, Michigan.Wages have been a big point of contention in ongoing UAW talks, with the union initially seeking a 40% pay increase and the…

The UK Government has today announced that every Postmaster who was wrongfully convicted and has had their conviction overturned as it was reliant on Horizon evidence will be offered an optional sum of up to £600,000 in compensation.…

BioNTech is facing a barrage of compensation claims in Germany brought by two law firms alleging that their customers suffered permanent health damage from the company's coronavirus vaccine.On Monday, the Mainz-based drugmaker will…

Singaporean investment firm Temasek Holdings has cut compensation for executives responsible for the company's investment in now-defunct cryptocurrency exchange FTX. Temasek was once the second largest outside investor in FTX, with 7…

Plans to restart bankrupt cryptocurrency exchange FTX were confirmed in a new employment and compensation report filed with the US Bankruptcy Court for the District of Delaware on Monday. the document Offers Acting CEO John…