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  • NEW YORK, June 9- Two former vice chairmen of accounting firm BDO Seidman were sentenced to prison on Monday after pleading guilty to engaging in a conspiracy to defraud the United States through the promotion of tax shelters. Charles Bee was sentenced 1-1/ 3 years while Adrian Dicker received 10 months, in separate hearings before U.S.

  • NEW YORK, June 9- A judge acted prematurely in awarding a $55 million bonus payment to thousands of rescue and cleanup workers at the World Trade Center site who settled lawsuits against New York City over damage to their health, a federal appeals court decided on Monday.

  • Hertz had been scheduled to report results on May 7 but delayed the announcement, saying more work was required. Hertz's accountant is PricewaterhouseCoopers LLP. Hertz shares were down 10.6 percent at $27.25 in early trading on the New York Stock Exchange.

  • June 5- Plaintiffs' lawyers have begun scouring General Motors Co's report on its handling of faulty ignition switches that have been tied to 13 deaths and say they are finding details that could bolster their negligence cases.

  • 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.