Business

JD.com founder Richard Liu leaves CEO post

Chinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country's technology ...

Business

Discovery: No US challenge to $43B WarnerMedia deal

U.S. antitrust regulators have not challenged the $43 billion combination of Discovery and AT&T's WarnerMedia during a key review period, according to corporate securities filings, easing the way for the deal to close in ...

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Lawsuit

In law, a lawsuit is a civil action brought before a court in which a party (plaintiff) has claimed to have received damages from a defendant's actions, the plaintiff, seeks a legal or equitable remedy. The defendants are required to respond to the complaint of the plaintiff. If the plaintiff is successful, judgment will be given in the plaintiff's favor, and a range of court orders may be issued to enforce a right, award damages, or impose an injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes.

A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the government to be treated as if it were a private party in a civil case, as plaintiff or defendant regarding an injury, or may provide the government with a civil cause of action to enforce certain laws.

The conduct of a lawsuit is called litigation.

This text uses material from Wikipedia, licensed under CC BY-SA