Search Results for: legal
UK Government loses Brexit court case – so what happens now?
January 25th, 2017
The British Supreme Court has ruled that the government does not have the right to trigger Article 50, formally beginning the Brexit process, without an act of parliament. The court voted eight to three against the government, following an ...
Society report: solicitors ready for ‘automation revolution’
January 25th, 2017
Solicitors agree that legal business is brimming with innovators – but most are content for others to go first before deploying new technology. Yet as the ‘pyramid law firm of the past’ recedes into history, practitioners who fail to ...
The Supreme Court published the Brexit Judgment
January 24th, 2017
The Supreme Court of the United kingdom has issued an announcement to make publish its Judgment regarding the Article 50 and Brexit. Below is the Judgment as it was published: R (on the application of Miller and another) (Respondents) ...
CFPB Orders Citi Subsidiaries to Pay $28.8 Million
January 24th, 2017
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork The Consumer Financial Protection Bureau (CFPB) today took ...
FCA warns pension scheme operators are at risk from smarter scams
January 24th, 2017
The Financial Conduct authority (FCA), the financial regulator of UK, has issued a warning to alert authorised firms for the risks arising from failing to carry out appropriate due diligence on investment offerings. While aimed primarily at pension scheme ...
Goldman Sachs files $1 billion countersuit against Indonesian businessman
January 24th, 2017
Goldman Sachs filed a $1 billion counter lawsuit on Tuesday against an Indonesian businessman who is seeking damages from the U.S. bank for conducting what he called “unlawful” trades in the shares of a property firm. Benny Tjokrosaputro, president ...
Yahoo Faces SEC Probe Over Data Breaches
January 23rd, 2017
U.S. authorities are investigating whether Yahoo Inc.’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter, in what could prove to be a major test in defining when a company ...
Deutsche Börse presents blockchain concept for risk free cash transfer
January 23rd, 2017
Eurex Clearing acts as trusted party for transactions Direct payments with commercial bank money Deutsche Börse Group has developed a concept for riskless transfer of commercial bank money via an infrastructure based on distributed ledger technology (DLT). By combining ...
Trump faces lawsuit for violating Constitution two days after taking oath
January 23rd, 2017
An all-star team of lawyers, including two leading experts on presidential ethics and two of the most prominent constitutional scholars in the nation, will file a lawsuit on Monday challenging President Trump’s ongoing violation of an anti-corruption provision in ...
First ever ‘para-law’ firm launches in the UK
January 23rd, 2017
The controversial new venture will allow unlicensed paralegals to do the bulk of case work in order to drive down costs for clients. Launched by the Kohen Rapoport Group and named ‘LCM’, the United Kingdom’s first ever ‘para-legal’ firm ...
