Search Results for: law
Wachtell to pursue Deloitte in HP Autonomy row
August 28th, 2014
Wachtell Lipton Rosen & Katz is to pursue Deloitte on behalf of Hewlett-Packard (HP) in an escalation of the company’s row with software firm Autonomy over its doomed 2011 acquisition. Wachtell partner Marc Wolinsky told a San Francisco court ...
Improvements Looked For In IRS External Leads Program
August 28th, 2014
Participation in the United States Internal Revenue Service (IRS) External Leads Program is growing, resulting in the receipt of a significantly larger volume of leads about questionable tax refunds, but the agency is not always verifying the leads timely, ...
Arab Bank Questions Hamas Links in Terror-Funding Trial
August 28th, 2014
Arab Bank Plc, accused in a U.S. trial of helping finance suicide bombings in and near Israel by processing transactions to benefit Hamas, sought to cast doubt on victims’ claims the attacks were caused by the Palestinian militant group. ...
Bringing It Back Home
August 28th, 2014
An increasing number of American companies are making plans to shift their headquarters to Europe. These so-called “inversions” would reduce these companies’ total tax bill by allowing them to escape from the United States’ uniquely unfavorable corporate tax rules. ...
Microsoft CEO Nadella might visit China amid antitrust probe
August 28th, 2014
Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world’s largest software company. It ...
Tyson wins U.S. Justice Dept antitrust nod for Hillshire deal
August 28th, 2014
Tyson Foods Inc (TSN.N), the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its $8.5 billion purchase of Hillshire Brands Co (HSH.N). To win approval for the merger, the companies agreed to sell Heinold Hog Markets, ...
I.M.F. Chief, Lagarde, Under Investigation in France
August 27th, 2014
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over a murky business affair that dates to her time as finance minister under former President Nicolas Sarkozy. ...
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, ...
Swiss Bank Pictet Reveals Results for First Time
August 26th, 2014
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in Switzerland’s traditionally secretive banking culture. Pictet, a privately held wealth ...
China antitrust regulator claims Microsoft sales information not transparent
August 26th, 2014
Microsoft Corp’s internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West. Microsoft ...