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Legal

Legal letter

Lawyers facing up to Grexit

22/06/2015(0)
If Greece goes bust, what will happen to client money?  “As the spectacle of potential Greek bankruptcy unrolls before our eyes, we should put ourselves in the shoes of ... Read More
Herbert-Smith-freehills-logo1

Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence

18/06/2015(0)
Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team to Dubai just six years after opening. Having launched the office ... Read More
Chinese-notes-RMB

Chinese investors protest over missing US$1.2b

17/06/2015(0)
Chinese investors who sank about $1.2 billion into companies in Switzerland that did not have trading licenses have staged protests in Geneva to demand their money back. The Swiss ... Read More
BNP Paribas is pictured on the building of the bank in Geneva

A record $9 billion penalty levied against BNP Paribas SA

16/06/2015(0)
A record $9 billion penalty levied against BNP Paribas SA for violating U.S. economic sanctions Terrorism Victims Seek Part of BNP Penalty Large contingency lost family or were injured ... Read More
european-competition-law

EU Bank-Separation Bill Sets $112 Billion Trading Mark

16/06/2015(0)
Banks with annual trading activities of more than 100 billion euros ($112 billion) would face added scrutiny from supervisors armed with a tool box of capital rules and separation ... Read More
London-UK

New York and London are world’s toughest legal markets, says Cooley

15/06/2015(0)
The ‘jaundiced eye’ through which UK lawyers view the US law practices in London is one of the main factors contributing to the difficulties facing US law firms there, ... Read More
FT-lawyers 2015

FT Innovative Lawyers Awards Asia 2015

15/06/2015(0)
Following the success of the first awards programme for Asia-Pacific in 2014, the Financial Times is delighted to announce the 2015 Asia-Pacific Innovative Lawyers Awards. When FT Innovative Lawyers ... Read More
hp

HP to pay $100m to settle lawsuit with shareholders

10/06/2015(1)
Technology giant Hewlett-Packard has agreed to pay $100m (£65m) to some of its shareholders to settle a claim over its ill-fated acquisition of Autonomy. Dutch pension fund manager PGGM ... Read More
UBS-Citibank

Libor Trial Hears Global Banks Submitted Skewed Data

09/06/2015(0)
Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told A succession of global banks told a British trade association ... Read More
JP-Morgan-Chase

Top banks pay $300 b on post-crisis litigation – as costs continue to rise

09/06/2015(0)
The post-2010 legal and regulatory bills rose paid out by the top 16 banks in the world rose nearly 20 per cent in 2014 amidst signs that the charges ... Read More
Broker Cyprus TopFX