Search Results for: legal
Whistleblower Laws Fail to Curb Toshiba Accounting Fraud
July 23rd, 2015
One of the more intriguing questions stemming from the Toshiba Corp. accounting scandal is this: Where was the whistleblower? Top executives at the Japanese industrial conglomerate, which makes everything from refrigerators to nuclear reactors, padded pretax profit by at ...
Euronext Wins Court Case VS. TOM and Binckbank
July 23rd, 2015
Euronext welcomes the verdict by the District Court in the Hague, the Netherlands, in the proceedings on the merits against TOM and BinckBank, which upheld Euronext’s claim that TOM had breached its various intellectual property rights by trademark infringement, ...
Barclays close to settling with the Serious Fraud Office over ‘bribes to Qatar’ claims
July 22nd, 2015
Barclays is moving closer to striking a deal with Britain’s fraud squad to settle allegations it paid bribes to Qatar to secure a bailout during the financial crisis, writes Peter Campbell. The Serious Fraud Office wrote to the scandal-dogged ...
Newly listed UK law firm Gateley predicts £60 million revenue
July 21st, 2015
The first law firm to float in the UK has reported strong trading conditions. Newly listed UK law firm Gateley has reported strong trading with predictions for a 10 per cent increase in full year revenue. In its first ...
A&O and Freshfields win big on 888’s £900m purchase of Bwin after bidding battle
July 20th, 2015
Magic Circle duo Allen & Overy (A&O) and Freshfields Bruckhaus Deringer acted as the bidding battle for online gambling company Bwin.Party Digital Entertainment came to an end today (17 July) with 888 beating GVC to acquire the FTSE 250-listed ...
Gold tumbles to more than five-year low, China shares fall
July 20th, 2015
Gold tumbled to a more than five-year low Monday, and China shares drifted lower after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold GCQ5, -2.31% fell 2.3% from its opening price Monday ...
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
Satisfaction survey finds majority of junior lawyers feel fulfilled despite career concerns
July 17th, 2015
Most junior lawyers are both fulfilled by their professional lives and enjoy a reasonably healthy work/life balance despite concerns over the quality of management, bonus schemes and career prospects at their firms. These are the headline findings of the ...
HMRC debt recovery powers to raid bank accounts ride roughshod over Magna Carta principles
July 17th, 2015
Buried in the hefty tome presented to the House of Commons at the Budget last week were these 36 words: “Direct recovery of debts – This government will introduce legislation to modernise and strengthen HMRC’s powers to recover tax ...
Why Germany refuses to write off Greece’s debts
July 16th, 2015
The International Monetary Fund says Greece’s debts are too big to pay and need to be partly forgiven. Germany says that’s out of the question. German officials, led by Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble, say that ...
