Search Results for: law
Chinese state-owned enterprise investment in Australia
August 25th, 2014
As the negotiation of the Australia–China Free Trade Agreement (FTA) moves into what is hopefully its final phase, there is intense focus on how the investment chapter of the FTA will treat the access of Chinese state-owned enterprises to ...
Chicago and 2 California Counties Sue Over Marketing of Painkillers
August 25th, 2014
The City of Chicago and two California counties are challenging the drug industry’s way of doing business, contending in two separate lawsuits that “aggressive marketing” by five companies has fueled an epidemic of addiction. It also cost taxpayers millions ...
CySec introduces digital signature for ASP
August 22nd, 2014
The Cyprus Securities and Exchange Commission has today announced the introduction of a digital signature for the submission of files to CySec. The Cyprus Securities and Exchange Commission aims to improve its procedure for secure transmission of the electronic ...
Case closed in favor of INTL FCStone in Sentinel case
August 22nd, 2014
INTL FCStone Inc. (Nasdaq:INTL) (“the Company”) announced on March 19, 2014 that the U.S. Court of Appeals for the Seventh Circuit had reversed the trial court’s January 2013 decision against its subsidiary, FCStone, LLC, in the Sentinel matter. Because ...
Keeping the accountants accountable
August 22nd, 2014
Tax avoidance is always a hot topic, never more so than with the recent stream of famous individuals involved in the Liberty scheme. The fact that some of these 1,600 stars risk bankruptcy highlights just how serious these cases ...
Judge scolds Argentina, but no contempt order
August 22nd, 2014
Nation’s plan to evade legal orders, failing to make required payments to U.S. bondholders is illegal. According to a federal judge in Manhattan, Argentina’s plans to evade his orders by failing to make required payments to U.S. bondholders is ...
Federal court denies Allergan bid to speed insider trading suit
August 22nd, 2014
A federal judge in California on Thursday denied a request by Allergan Inc to expedite its civil suit claiming that Valeant Pharmaceuticals International Inc and Pershing Square Capital Management engaged in insider trading ahead of their bid to buy ...
Lloyds panel review enters final stage with one week until deadline
August 21st, 2014
Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling. Current panel firms Ashurst, Berwin Leighton Paisner (BLP), Clifford Chance, Eversheds and ...
Bank of America to Settle $16.65 Billion Mortgage Case
August 21st, 2014
The Justice Department is poised to announce a $16.65 billion settlement with Bank of America over accusations that it duped investors into buying toxic mortgage securities, say people briefed on the matter. Yet even as that accord nears completion, ...
HKMA reaction to US sanctions over StanChart
August 20th, 2014
Following the New York Department of Financial Services allegations against Standard Chartered Bank as announced yesterday, the Hong Kong Monetary Authority has issued a notice informing that it has taken note of the action. The Hong Kong Monetary Authority (HKMA) ...
