Search Results for: legal
Multinational law firm agrees partnership with Chinese law firm
October 18th, 2016
Leading global law firm Hogan Lovells and Fujian Fidelity Law Firm (“Fidelity“) have entered into a formal association in the China (Shanghai) Free Trade Zone (“Shanghai FTZ“). This move reflects the firm’s growth strategy in Asia and the importance ...
About 15 Swiss banks reportedly in money laundering ‘red zone’
October 17th, 2016
Roughly 15 Swiss banks are in a”red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog Finma said in a newpaper interview published yesterday. Swiss federal prosecutors last week said they have opened ...
Research: Almost 70% of lawyers believe they work in the most stressful profession
October 17th, 2016
Nearly 70% of lawyers believe they work in the most stressful profession, according to research. A study — undertaken by virtual outfit, Keystone Law — questioned more than 300 legal professionals (predominantly associates and partners) from top 50 to ...
EU Council published conclusions on tax transparency
October 14th, 2016
“The Council: 1. RECOGNISES the progress made in pursuing the ambitious EU agenda for fairer, more transparent and more effective taxation and in strengthening the cooperation between fiscal authorities across the EU; 2. CONFIRMS the importance of improving further ...
World’s First Publicly-Traded Law Firm Facing Securities Class Action
October 14th, 2016
There’s a cautionary tale playing out in Australia over what can happen when law firms take money from outside investors, something that’s still prohibited here in the U.S. Slater & Gordon became the world’s first publicly-traded law firm back in 2007, ...
Facebook faces $5bn tax charge over Ireland asset transfer
October 13th, 2016
Social media giant Facebook could have to pay up to $5bn in additional taxes as a result of an Internal Revenue Service (IRS) investigation challenging the way in which it accounted for the transfer of assets to its Irish ...
LSE listed company is seeking to acquire companies within the Forex sector
October 13th, 2016
Boston International Holdings plc, a special purpose acquisition company (SPAC) formed to undertake one or more acquisitions of target companies or businesses in the FX sector, has issued an announcement to inform that its entire issued ordinary share capital ...
Wells Fargo Chairman and CEO is stepping down following fake accounts scandal
October 13th, 2016
Embattled Wells Fargo Chairman and CEO John Stumpf is stepping down from the bank he has led for nearly a decade, following intense scrutiny over a fake accounts scandal that erupted last month. San Francisco-based Wells said Wednesday that ...
CMS, Nabarro and Olswang combine to create 6th largest law firm in the UK and 6th largest globally
October 11th, 2016
The Partners of CMS UK, Nabarro and Olswang have voted overwhelmingly in favour of a proposal to combine their firms and create a new City powerhouse that will become the world’s sixth largest law firm by lawyer headcount (1) ...
Internet trolls could face prosecution
October 10th, 2016
Internet trolls who create derogatory hashtags or post doctored images to humiliate others could face prosecution in England and Wales. Inciting people to harass others online, known as virtual mobbing, could also result in court action, under new Crown ...
