Search Results for: law
Territory confrontations escalate among China, Vietnam and the Philippines
May 8th, 2014
Tensions escalated in the South China Sea region this week after China, Vietnam and the Philippines were involved in a series of potentially explosive confrontations over disputed territory. Vietnamese officials say Chinese military and civilian ships have been intimidating ...
Sherman, PRA Drop $16 Million Debt Collection in New York
May 8th, 2014
Two of the largest U.S. consumer debt buyers agreed to drop collections on about $16 million in judgments to settle allegations they violated New York law in pursuing debtors, the state attorney general’s office said. Portfolio Recovery Associates (PRAA) ...
CySec imposes administrative fine to Mega Εquity Securities & Financial Services Public Ltd
May 8th, 2014
The Council of the Cyprus Securities and Exchange Commission informs the investors that after its meeting on the January 20, 2014, has decided to impose an administrative fine to KEPEY Mega Εquity Securities & Financial Services Public Ltd as follows: ...
Billionaire Kwoks Plead Not Guilty to HK Official Bribes
May 8th, 2014
Thomas and Raymond Kwok, the billionaire brothers running Hong Kong’s second-largest developer, and the Chinese city’s former No. 2 official pleaded not guilty today to charges including conspiracy to commit misconduct in public office. Rafael Hui, the Government’s Chief ...
Ex-Co-Op Bank Chairman Fined $890 for Having Cocaine, Meth
May 7th, 2014
Paul Flowers, the former chairman of Co-Operative Bank Plc, was fined 525 pounds ($890) after pleading guilty to possession of cocaine, crystal meth and ketamine. Flowers, a 63-year-old Methodist minister who was Co-Op Bank’s chairman from March 2010 until ...
Billionaire Hedge Funders Made Money the Old-Fashioned Way
May 7th, 2014
So Institutional Investor’s Alpha put out its 2013 hedge fund compensation ranking today, and I guess we should talk about it because rich people got paid money and that is fun to gawp at. The obvious thing to say ...
CySec: renouncement of license
May 6th, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement as follows: On 18th of November 2013, the CIF «NCI Finance Ltd», which provided investment services via the domain www.ncifinance.com, renounced its authorization pursuant to section 24(1)(b) of the ...
SEC Charges Toronto-Based Consultant and Four Others in Reverse Merger Schemes Involving China-Based Companies
May 6th, 2014
The U.S. Securities and Exchange Commission (SEC), charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions ...
Cuts will not damage family justice, says Munby
May 5th, 2014
Legal aid cuts will not undermine family justice, the head of the Family Division insisted last week as he mooted plans for judge-free divorces and greater legal rights for separating cohabitees. When wide-ranging reforms of the family justice system ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
