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A Georgia Republican governor candidate questions legality of rival's $10M campaign loan
Read full article: A Georgia Republican governor candidate questions legality of rival's $10M campaign loanA Republican candidate for Georgia governor accuses his rival of illegally lending $10 million to a campaign committee.
Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monster
Read full article: Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monsterIn a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
Lawyer: FTX founder likely challenging new crypto charges
Read full article: Lawyer: FTX founder likely challenging new crypto chargesA lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he's challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December.
Abrams seeks to end unlimited donations to Georgia's Kemp
Read full article: Abrams seeks to end unlimited donations to Georgia's KempDemocrat Stacey Abrams is asking a federal judge to shut down fundraising by a committee controlled by incumbent Georgia Gov. Brian Kemp that can take unlimited contributions.
Judge denies Abrams bid to seek unlimited contributions
Read full article: Judge denies Abrams bid to seek unlimited contributionsA federal judge has ruled that Georgia Democratic gubernatorial candidate Stacey Abrams cannot immediately begin raising and spending unlimited campaign contributions under a new state law.
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Judge to sentence Georgia ex-insurance commissioner Jim Beck
Read full article: Judge to sentence Georgia ex-insurance commissioner Jim BeckFormer Georgia Insurance Commissioner Jim Beck will learn on Tuesday how long he will be imprisoned after jurors convicted him in July on 37 counts of wire fraud, mail fraud, money laundering and tax fraud.
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Judge rules JEA is still on the hook for billions in Georgia nuclear power deal
Read full article: Judge rules JEA is still on the hook for billions in Georgia nuclear power dealJACKSONVILLE, Fla. JEAs efforts to back out of a deal to buy power from a Georgia nuclear plant reached a dead end Wednesday when a federal judge upheld the contract. In a 53-page order, U.S. District Judge Mark Cohen ruled that JEAs power purchase agreement (PPA) with the Municipal Electric Authority of Georgia (MEAG) is valid and enforceable, despite the utilitys legal arguments to the contrary. JEA would have been required to pay $1.4 billion of the anticipated $9.5 billion price tag under the fixed-cost agreement. JEA and the city sued in 2018, saying the contract was no longer valid, and MEAG in turn sued for breach of contract. It also noted that the judge lifted a stay on discovery for JEAs claims that MEAG was negligent when it entered the new agreement without JEAs approval.