Barrington D. Parker
Coverage of Barrington D. Parker in the Nexus archive.
- Landlords lose appeal challenging NYC broker fee ban
New York City landlords, real estate brokers, and industry groups lost an appeal challenging the Fairness in Apartment Rental Expenses Act, which prohibits landlords from passing broker fees to tenants. A three-judge panel affirmed a lower court’s ruling, stating the law addresses housing affordability and does not unconstitutionally restrict speech. The Real Estate Board of New York remains committed to challenging the law, citing reduced transparency and rising rents.
- Second Circuit denies Sam Bankman-Fried’s bid to overturn FTX crypto fraud conviction
The Second Circuit Court of Appeal upheld Sam Bankman-Fried's criminal convictions for fraud related to the collapse of his cryptocurrency exchange FTX. The court rejected his claims of judicial bias and insufficient evidence to prove FTX's insolvency, affirming the 25-year prison sentence and $11 billion forfeiture.
- Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction
A federal appeals court upheld the fraud conviction of FTX co-founder Sam Bankman-Fried, affirming his 25-year prison sentence. The court found evidence showed he used customer funds for personal expenses and falsified records, leading to over $11 billion in losses for customers, investors, and lenders.