Search Results for: legal
EU legal advisor supports ECB’s bond purchase plan
January 15th, 2015
EU Advocate General Cruz Villalon on Wednesday gave legal support to the European Central Bank (ECB) plan to purchase government bonds as an attempt to remedy the financial crisis in the Eurozone. The Outright Monetary Transactions program sets economic ...
JP Morgan Chase profits hit by legal costs
January 15th, 2015
JP Morgan Chase, the US’s largest bank, has reported a 6.6% fall in quarterly profits after being hit by legal costs. The bank paid almost $1bn (£659m) in costs due to a range of investigations into alleged wrongdoing, and ...
Statement of the National Bank of Ukraine on the legal status of Bitcoin
December 19th, 2014
Ukraine’s local chapter of the Bitcoin Foundation has spoken out against a recent statement by the central bank concerning the legal status of bitcoin in the country. In a document issued last month, the National Bank of Ukraine (NBU) ...
New crowdfunding site helps individuals raise money for legal fees
December 16th, 2014
While reading the book Things a Little Bird Told Me last spring, Chicago attorney Michael Helfand was struck by one of author Christopher Isaac “Biz” Stone’s points. Stone, who co-founded Twitter, wrote that an entrepreneur solves problems—and Helfand considers ...
Legal leaders join hands against client snooping
December 9th, 2014
Legal chiefs and academics today demanded new laws to stop police and security services from spying on meetings between lawyers and their clients. In a declaration to mark European Lawyers Day, the Law Society, the Bar Council and the ...
Clive Palmer case in court: dense legal wrangling with a cast of hundreds
November 27th, 2014
Big money, big legal teams and a big call to make against a larger-than-life tycoon turned political phenomenon. But at the end of another round of labyrinthine legal argument, the accusations against Clive Palmer made by his former Chinese ...
Legal Fight Pits Sellers of Energy Against Buyers
November 27th, 2014
Over the past few years, the federal government has nurtured the growth of an odd kind of player in the energy markets: companies that recruit consumers to unplug themselves when electricity use is high, in exchange for a price ...
Germany to introduce legal quotas for women on company boards
November 26th, 2014
Chancellor Angela Merkel’s coalition parties agreed on Tuesday to a draft law that would force Germany’s leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward. Although Europe’s biggest economy has a female ...
Bitcoin Needs an Aggressive Legal Defense
November 25th, 2014
Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared. ...
Chief legal ombudsman quits after accounts probe
November 19th, 2014
The chief legal ombudsman has resigned from his £161,000 post following a dispute in relation to the unpublished annual accounts of the complaints service. A spokesman for the ombudsman’s office said this morning: ‘We can confirm that Adam Sampson ...
