Search Results for: lawyers
US arrests Panama’s Nidal Waked, accused of laundering Colombian and Mexican drug cash
May 6th, 2016
Authorities have arrested a prominent Panama businessman and dismantled an empire of banking, real estate and retail businesses that the U.S. says were part of a top worldwide money-laundering organization for drug traffickers. The coordinated operation was announced Thursday ...
FSMA added new companies on its list of unauthorised investment firms in Belgium
May 5th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Herbert Smith Freehills promotes 20 to partnership
April 26th, 2016
International law firm Herbert Smith Freehills announced the promotion of 20 lawyers to its global partnership. The promotions take effect on 1 May, 2016. Demonstrating the firm’s commitment to investing in its global network of offices and creating a ...
International law firm and US based Law firm end merger talks
April 25th, 2016
Pepper Hamilton and Reed Smith said Friday they have ended merger talks just 10 days after confirming discussions had begun. Pepper Hamilton sent out an email at 6 p.m. Friday announcing the talks had broken off. “While we were intrigued when Reed Smith approached us, ...
Second international law firm enters the Law market of Iran
April 25th, 2016
Colibri Law Firm has become one of the first international law firms to establish a dedicated office in Tehran after partnering with one of Iran’s leading local law firms, Gheidi & Associates. As Colibri partner Otabek Suleimanov explains, “We ...
International law firm appoints 24 New Partners
April 22nd, 2016
Leading international law firm, Clifford Chance has today announced the promotion of 24 lawyers to its partnership. The new partners are drawn from all of the firm’s market-leading practices and reflect the range and depth of the firm’s capability ...
Russia wins Hague court appeal over $50bn Yukos judgement
April 21st, 2016
A Dutch appeal court has overturned an arbitration court decision which required Russia to pay shareholders in the former Yukos oil company $50 billion, the Interfax news agency reports. “We have won our appeal of the arbitration court decision ...
Law firm in the cloud
April 21st, 2016
With a growing remote workforce, the law firm Farrer & Co started to move its services into the cloud. Neil Davison, IT director at Farrer & Co. says: “This change brought with it huge benefits, but also significant potential ...
Global Legal firm and Cloud Legal services LawPath have formed a strategic alliance
April 20th, 2016
Emerging businesses can face significant difficulties accessing quality legal services when raising capital or formalising employment agreements. The capital raising phase is often the first time these businesses have sought legal advice, and the process can prove time consuming, ...
