Search Results for: lawyers
Inside Takata, tantrums, but little sense of crisis over air bags
December 1st, 2014
Shigehisa Takada, the third-generation head of Takata Corp, shows little sense of the crisis engulfing the Japanese air bag maker at the center of one of the auto industry’s biggest safety recalls, according to three people who have met ...
Clive Palmer case in court: dense legal wrangling with a cast of hundreds
November 27th, 2014
Big money, big legal teams and a big call to make against a larger-than-life tycoon turned political phenomenon. But at the end of another round of labyrinthine legal argument, the accusations against Clive Palmer made by his former Chinese ...
Funding secured for Tesco shareholder class action
November 26th, 2014
Australian litigation funder Bentham has made its biggest entry yet in the European market by agreeing to fund a class action against supermarket giant Tesco. The European subsidiary will fund legal action on behalf of shareholders who are claiming ...
Credit Suisse ordered to pay $1.8 billion to finalize U.S. guilty plea
November 24th, 2014
A U.S. judge on Friday accepted Credit Suisse’s (CSGN.VX) guilty plea to end a criminal case accusing it of helping wealthy Americans avoid paying taxes, and ordered the bank to pay roughly $1.8 billion in fines and restitution. The ...
Madoff Trials in Geneva Loom Six Years After Fraudster Confessed
November 13th, 2014
Almost six years after Bernie Madoff admitted his investment firm was based on “one big lie,” two European criminal cases linked to the convicted fraudster are working their way to trial in Geneva. Prosecutor Marc Tappolet is finishing an indictment of ...
Suit Accuses Banks of Role in Financing Terror Attacks
November 11th, 2014
The suit accuses banks — including HSBC and Barclays — of helping to finance the violent activities through their ties to Iran, painting Wall Street as a sort of middleman of terror. Those acts of terrorism occurred a world away ...
No Longer Business as Usual in China
November 10th, 2014
With heads of state and corporate chieftains in Beijing for a major economic summit meeting this week, China’s increasing economic nationalism is expected to be heavily debated. China is changing the rule book for business, forcing multinational companies to ...
GM tells court it not liable for claims over pre-bankruptcy cars
November 6th, 2014
General Motors (GM.N) said in a court filing on Wednesday that it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of ...
Jury acquits ex-Swiss banker in tax-dodging case
November 4th, 2014
Raoul Weil acquitted of charges he helped wealthy Americans to hide $20B from the IRS. A federal jury acquitted a former top Swiss banking executive of U.S. charges that he conspired with wealthy Americans to hide $20 billion in ...
U.S. prosecutors reopen probes against several big banks
October 30th, 2014
U.S. prosecutors are reopening investigations into big banks on suspicion they may have violated agreements under which the institutions settled prior cases against them, The New York Times reported, citing lawyers briefed with the matter. With the settlements, the ...
