Search Results for: law
Boxer Floyd Mayweather and music producer Khaled Khaled charged with unlawfully touting Coin Offerings
December 4th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These ...
German police raids the offices of multinational law firm
November 26th, 2018
For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of Freshfields’ involvement in dividend stripping, Frankfurt state prosecutors confirmed to ...
British law firms are enjoying increased profits; Brexit and the Big Four the challenges
November 22nd, 2018
British law firms are enjoying increased profits per partner and are optimistic about future commercial prospects despite the impact of Brexit and the threat of the Big Four accountancy firms, according to a recent survey. The Crowe’s Law Firm ...
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
The Robot lawyer Lisa; Clients in 80 countries have availed of Lisa’s skills
November 15th, 2018
Robot Lawyer LISA is officially a ‘cool vendor’ having been included in the Gartner 2018 ‘Cool Vendors in Artificial Intelligence for Small and Midsize Businesses’ report. LISA has also been nominated for AI Company of the Year in the ...
The time taken for law firms to be paid for work has fallen by a week
October 31st, 2018
The time taken for law firms to be paid for work has fallen by a week, but still takes over four months to hit the accounts. The billing time that is ’locked up’ has fallen by 7 days, but ...
Cybersecurity to the top of the agenda for law firms
October 3rd, 2018
Defending against cyberattacks has overtaken artificial intelligence as the main technology issue for law firms, and over half of the top law firms are investing in systems changes over the next two years according to the report. Top priority ...
Bitcoin-funded securities dealer and CEO charged for law violations
September 28th, 2018
The Securities and Exchange Commission filed charges against an international securities dealer and its Austria-based CEO for allegedly violating the federal securities laws in connection with security-based swaps funded with bitcoins. According to the SEC’s complaint, 1pool Ltd. a/k/a ...
EU voted in favor of controversial copyright laws; The internet could be changed forever
September 13th, 2018
The EU has voted on copyright reform (again), with members of European Parliament this time voting in favor of the extremely controversial Articles 11 and 13. The 438 to 226 vote, described as “the worst possible outcome” by some ...
Online lawyers to offer ‘smart contracts’; Blockchain technology to be used
September 10th, 2018
Smart contracts for everyday legal transactions will use blockchain technology as legal and blockchain providers join forces. Online legal services pioneer Rocket Lawyer has announced plans to offer its clients ‘smart contracts’ by integrating blockchain technology into everyday legal ...
