WASHINGTON, April 18- Mexican sugar producers pose no threat to the U.S. sugar industry, their lawyer said on Friday, rejecting a charge that Mexican sugar is being dumped in the United States and unfairly benefits from government subsidies.» Read More
DUBLIN, Jan 24- Crisis, what crisis? Despite new concerns over emerging markets that mounted on Friday, an annual gathering in Dublin this week attracted record numbers of lawyers, bankers and lessors who keep the $100 billion a year jetliner industry aloft with funding.
The SEC on Friday also released a report on the KPMG probe that warned accounting firms to abide by strict auditor independence rules. One practice the SEC deemed improper was the hiring of by KMPG of former employees of audit clients, then loaning the employees back to the clients as a staffer.
WASHINGTON, Jan 24- Accounting firm KPMG will pay $8.2 million to settle civil charges that it violated independence rules by providing certain non-auditing services to companies whose books it audited, U.S. regulators said on Friday.
DAVOS, Switzerland Jan 24- In the midst of a U.S.- China quarrel over corporate auditing, the global chairman of audit giant KPMG said on Friday that a "constructive dialogue" was under way to defuse the dispute, which led days ago to U.S. sanctions against the Chinese arms of the world's largest accounting firms.
BEIJING, Jan 24- China's securities regulator chided its U.S. counterpart on Friday over the latest ruling in a long-running and thorny dispute over access to documents that has snagged the world's top four accounting firms. "The SEC would bear all the responsibility for the consequences of its action," Deng said.
Jan 23- The U.S. Chamber of Commerce plans to lobby U.S. officials to reach a diplomatic deal with China, after a judge ruled that the Chinese units of the global "Big Four" accounting firms should be suspended from auditing U.S.-listed companies for six months.
The market value of Chinese companies listed on the New York Stock Exchange and Nasdaq Stock Market comes to more than $1.4 trillion, according to data from the exchanges and Thomson Reuters. It also could short-circuit forthcoming U.S. listings from China.
*Unclear whether action will impact on multinationals' China operations. WASHINGTON, Jan 23- Chinese units of the global "Big Four" accounting firms should be suspended from practicing in the United States for six months, a U.S. judge ruled, in an escalation in a long-running dispute over regulators' access to audit documents.
Jan 23- The "Big Four" accounting firms have said they intend to appeal against a ruling by the U.S. Securities and Exchange Commission that recommends suspending their Chinese units for six months.
WASHINGTON, Jan 22- A U.S. judge has ruled that the Chinese units of the "Big Four" accounting firms should be suspended from practicing in the United States for six months, an escalation in a long-running dispute between U.S. and Chinese regulators over access to audit documents.
Tobacco lawyers said at the hearing in U.S. District Court in Washington, D.C., that they planned to push forward with an appeal about the wording of the ads, even after they struck an agreement this month with the Justice Department and anti-smoking advocates about what the ad campaign would look like in newspapers and on television.
WASHINGTON, Jan 22- A U.S. judge has ruled that the Chinese units of the "Big Four" accounting firms should be suspended from practicing in the United States for six months, an escalation in a long-running dispute between U.S. and Chinese regulators over access to audits.
WASHINGTON, Jan 22- An administrative law judge on Wednesday temporarily barred the Chinese units of the "Big Four" accounting firms from practicing before U.S. securities regulators, saying they "willfully" refused to hand over the audit work they did for U.S.-listed Chinese companies.
NEW YORK, Jan 21- A federal judge on Tuesday rejected a bid by former MF Global Holdings Ltd Chief Executive Officer Jon Corzine to dismiss a U.S. regulator's lawsuit that claims he played a key role in causing one of the country's biggest bankruptcies ever.
LONDON, Jan 17- Britain's competition watchdog will review changes it has ordered to prise open an accounting sector dominated by four big players after the European Union agreed a tougher set of reforms.
NEW YORK, Jan. 16- The administration of New Jersey Governor Chris Christie has hired a high-powered legal firm to help his office as federal prosecutors investigate whether any laws were broken when a top aide ordered seemingly politically motivated traffic jams.
A drive by some cities to cut costly police retirement benefits has led to an extraordinary face-off between local politicians and the law enforcement officers.
NEW YORK- New Jersey Governor Chris Christie said on Thursday he hired a law firm to help his office as federal prosecutors investigate whether any law was broken when one of his aides ordered an apparent politically motivated traffic jam.
In Costa Mesa, California, lawmaker Jim Righeimer says he was a target of intimidation because he sought to curb police pensions. In a lawsuit in November, Righeimer accused the Costa Mesa police union and a law firm that once represented them, of forcing him to undergo a sobriety test after driving home from a bar in August 2012.
SAN FRANCISCO, Jan 8- Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before Feb. 19, as they prepare to clash in court in March over smartphone patents. Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing.