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  • NEW YORK, June 5- Lawyers at General Motors Co came under withering criticism in an internal company report on Thursday and at least two of them were fired, but the company's general counsel, a key adviser to CEO Mary Barra, was expressly asked by the board to keep his post.

  • *Cayman Islands, Bermuda common sites of shell companies. "Many large, U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens- countries with minimal or no taxes," said Citizens for Tax Justice and U.S. Public Interest Research Group.

  • *Cayman Islands, Bermuda common sites of shell companies. "Many large, U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens- countries with minimal or no taxes," said Citizens for Tax Justice and U.S. Public Interest Research Group.

  • *Cayman Islands, Bermuda common sites of shell companies. "Many large, U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens- countries with minimal or no taxes," said Citizens for Tax Justice and U.S. Public Interest Research Group.

  • Firings at GM spare its top lawyer Thursday, 5 Jun 2014 | 12:58 PM ET

    NEW YORK/ DETROIT, June 5- The top lawyer at General Motors Co has survived the automaker's struggles over an ignition-switch defect, as a rash of firings announced on Thursday touched the corporate legal department he oversees.

  • "Many large, U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens- countries with minimal or no taxes," said Citizens for Tax Justice and the U.S. Public Interest Research Group.

  • An exemption from Dubai IPO rules granted by regulators to real estate giant Emaar Properties, which will permit an offer worth up to $2.45 billion, is a sign of the times, said Husam Hourani, managing partner at Al Tamimi& Company.

  • RIO DE JANEIRO, June 3- Creditors of Brazilian tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan for the oil company that could lead to a quick resolution of the largest bankruptcy in Latin America's history, lawyers said on Tuesday.

  • RIO DE JANEIRO, June 3- Creditors of tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan of the Brazilian oil company that could lead to a quick resolution of the largest bankruptcy in Latin America's history, lawyers said on Tuesday.

  • RIO DE JANEIRO, June 3- A majority of creditors of Brazil's Oleo e Gas Participacoes SA approved the terms of restructuring plan for the bankrupt oil and gas exploration and production company, its lawyers said Tuesday.

  • Pfizer to pay $325 mln in Neurontin settlement Monday, 2 Jun 2014 | 10:49 AM ET

    June 2- Pfizer Inc has agreed to pay $325 million to resolve claims it defrauded insurers and other healthcare benefit providers by marketing Neurontin for unapproved uses, its second settlement over the epilepsy drug in six weeks. The preliminary accord was disclosed on Friday in U.S. District Court in Boston.

  • The 800- lawyer Bingham, which has represented companies such as Amazon.com Inc, Bank of America Corp and UBS, is well-known for its involvement in the 2010 BP Deepwater Horizon oil spill.

  • The 800- lawyer Bingham, which has represented companies such as Amazon.com Inc, Bank of America Corp and UBS, is well-known for its involvement in the 2010 BP Deepwater Horizon oil spill.

  • UPDATE 1-UK accounting watchdog warns over bank audits Wednesday, 28 May 2014 | 7:23 AM ET

    LONDON, May 28- Accountants who check the books of Britain's banks must sharpen their act or could be ordered to take corrective measures, the sector's watchdog said in a report showing how a core lesson from the financial crisis has yet to be applied.

  • May 23- Troubled U.S. lobbying giant Patton Boggs avoided a financial cliff on Friday when a larger law firm agreed to acquire many of its partners and its name, which for decades was synonymous with influence in Washington, D.C..

  • Partners at 1,300- lawyer Squire Sanders voted on Friday, after 300- lawyer Patton Boggs, known for its lobbying presence in Washington, D.C., had earlier approved the combination.

  • NEW YORK, May 23- The law firms Squire Sanders and Patton Boggs said on Friday they had agreed to combine, striking a deal that is expected to save Patton Boggs from growing financial strain. In a news release, the two firms said they would begin operating under the name Squire Patton Boggs effective June 1.

  • May 22- The fate of the proposed merger of law firms Patton Boggs and Squire Sanders appeared uncertain on Thursday after Squire Sanders halted voting on approving the tie-up. The deal was held up because of concerns over the role of Patton Boggs in a legal battle between Chevron Corp and a group of Ecuadorean villagers, a source close to the deal told Reuters.

  • Two days ago, partners from the 300- lawyer Patton Boggs voted on the proposed merger with the 1,300- lawyer Squire Sanders. Neither Patton Boggs managing partner Edward Newberry, who would be co-managing partner of the new firm, nor James Maiwurm, chairman of Squire Sanders, responded to requests for comment.

  • May 20- Law firm leaders at Patton Boggs in Washington, D.C., were tallying votes on Tuesday on a proposed merger with Squire Sanders, a deal that is expected to be approved and that would provide financial relief to struggling Patton Boggs. The firm has represented Amazon.com, Facebook, Inc. and Exxon Mobil Corp., according to the center.