Search Results for: legal
Too Many Lawyers. Here’s One Solution
July 7th, 2015
A large part of the law business is in crisis. Lawyers and judges bemoan a “justice gap”: millions of Americans who need legal services but can’t afford them. At the same time, many law school graduates can’t find legal ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
Greek crisis hits international firms
July 7th, 2015
Strict capital controls in place at all Greek banks are preventing the collection of legal fees owed to international law firms, the Gazette has learned as the country’s referendum result sets it on course to leave the euro. The crisis is ...
SEC Charges Oil Company and CEO in Scheme Targeting Chinese-Americans and EB-5 Investors
July 7th, 2015
The Securities and Exchange Commission today charged a Bay Area oil and gas company and its CEO with running a $68 million Ponzi-like scheme and affinity fraud that targeted the Chinese-American community in California and investors in Asia, including ...
FMA settlement with Hanover defendants provides $18 million compensation for investors
July 6th, 2015
The Financial Markets Authority (FMA) has reached a settlement of its civil proceedings against the former directors of Hanover Finance Ltd (HFL), Hanover Capital Ltd (HCL), United Finance Ltd (UFL), together known as the Hanover finance companies, and the ...
Decline in UK law firm merger activity
July 6th, 2015
UK law firms are now merging for growth instead of financial necessity, according to research evidencing a decline in the number of mergers last year. Law firm merger activity in the UK declined by 11 per cent last year. ...
ASIC: Update on Interactive Brokers
July 3rd, 2015
ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers LLC (IB). Enforceable undertaking (EU) IB has refunded $1.5 million in fees and commission payments to its retail margin lending customers in accordance with ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion
July 3rd, 2015
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion With Payments to be Spread Over 18 Years The Disclosure and Transparency Rules (“DTR”) made by the Financial Conduct Authority govern amongst other matters ...
Merger day at Dentons US and McKenna Long
July 2nd, 2015
Continuing the momentum Dentons has created with the introduction of NextLaw Labs, its innovation platform, the combination with 大成, and the addition of new talent worldwide, the Firm today announced that the merger between Dentons US and McKenna Long & ...
