Search Results for: legal
CALDB suspends NSW joint liquidator for six months
April 16th, 2014
The Companies Auditors and Liquidators Disciplinary Board (CALDB) has ordered the suspension of the registration of Mr William James Hamilton as a liquidator for six months following an application by ASIC. The suspension will take effect from 3 June ...
Extra Rights Should Mean Extra Responsibilities
April 15th, 2014
Ordinary people have suffered huge disruption to their lives through a loss of jobs & opportunity because of the colossal mistakes of self-declared ‘Masters of the Universe’ chasing ever-bigger financial rewards within the banking industry. To add insult to ...
SRA: Solicitor struck off for dishonestly misusing client money
April 15th, 2014
The Solicitors Regulation Authority has issued a press released informing that a solicitor has been struck off for failing to handle properly funds that clients had entrusted to him. Ashok Kumar Sancheti was struck off by the Solicitors Disciplinary Tribunal (SDT) ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
CySec: acquisition of Administrative Services Providers (ASP) licence
April 14th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services Providers (ASP): Profecto Management and Consultancy Limited Equation Corporate Services Ltd ...
Kim Dotcom’s Megaupload Sued By US Record Labels, Following Movie Studios’ Lawsuit, For Copyright Infringement
April 11th, 2014
Four major U.S. record labels have filed a copyright infringement lawsuit Thursday against file-sharing website Megaupload and its founder, Kim Dotcom, three days after the company was sued by Hollywood’s major movie studios and the Motion Picture Association of ...
CySec: acquisition of licences
April 11th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following companies have successfully obtained the CySec licence as ASPs: MMG Trust (Cyprus) Ltd Pageserve Limited Forpost Corporate Services Ltd Therefore, they are ...
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
Police to wear digital cameras as part of courts efficiency plan
April 11th, 2014
Modernisation of the criminal justice system will give police mobile devices to record interviews and crime scenes Police officers will be expected to record interviews at crime scenes on mobile devices and deliver filmed evidence online under a digital ...