Search Results for: ELA
UK Accountancy Firms shrink after HMRC Efforts
August 27th, 2014
HM Revenue and Customs’ (HMRC) increasingly tough stance on tax planning is taking its toll on the UK accountancy industry, according to finance provider LDF. There was a 4 percent drop in the number of accountancy firms registered in ...
Essar Energy GC considers panel shakeup following delisting
August 27th, 2014
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. India’s Essar Capital, controlled by billionaire brothers Shashikant and Ravikant Ruia, ...
Detroit, hold-out creditors must go to bankruptcy mediation: judge
August 27th, 2014
Detroit and its major hold-out creditors were ordered on Tuesday into mediation, just a week before a key federal court hearing is to start in the city’s historic bankruptcy case. The move followed a Monday hearing before U.S. Bankruptcy ...
Australia 200 – Receiving Some Support Around 5620
August 27th, 2014
Australia 200 for Wednesday, August 27, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. It has ...
Keeping Corporate Lawyers Silent Can Shelter Wrongdoing
August 27th, 2014
Have you heard of Maritza I. Munich? The answer is almost certainly no, yet she is a central figure in Walmart’s unfolding bribery scandal. Ms. Munich was a Walmart lawyer who advocated an aggressive response to investigating the scandal ...
Kleiner to invest in Snapchat at near-$10 billion valuation
August 27th, 2014
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The ...
AT&T merges wireless and business units led by de la Vega
August 27th, 2014
AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company’s wireless segment, a spokesman for AT&T said on Tuesday. The announcement comes as cable ...
HKEx Consults On Financial Information Disclosure
August 26th, 2014
Hong Kong Exchanges and Clearing has published a consultation paper seeking the stockmarket’s view on proposed changes to the Listing Rules, relating to the disclosure of financial information, following the enactment of Hong Kong’s new Companies Ordinance. The consultation ...
S&P 500 index over 2,000 for first time
August 26th, 2014
US shares hit a record high yesterday, with the S&P 500 index breaking the 2,000-point mark during trading for the first time in its history. Global investors have piled into American stocks, pumped up by cheap money from central ...
Momentive Creditors Face Reckoning on Bankruptcy Plan
August 25th, 2014
Momentive Performance Materials Inc. is set to face court rulings on its bankruptcy plan, including on a proposal to withhold some payments for unpaid interest that has senior lenders at odds with lower-ranked creditors. U.S. Bankruptcy Judge Robert Drain ...
