GO
Loading...

Professional Services

More

  • Attorney takes on objections to Detroit bankruptcy plan Wednesday, 3 Sep 2014 | 11:49 AM ET

    DETROIT, Sept 3- Detroit's plan to adjust its debt is feasible and fair to creditors, while trying to fix city finances outside of U.S. Bankruptcy Court would lead to a blizzard of litigation, an attorney for the city said Wednesday as he completed an opening argument in the landmark bankruptcy case.

  • Bankers and lawyers providing takeover advice said on Monday that Burger King Worldwide Inc's intention to move its tax domicile overseas through a so-called inversion deal- in this case the purchase of Canada's Tim Hortons- shouldn't be seen as a sign of a lot more deals to come.

  • ARGENTINE LAWYER BOCCUZZI SAYS LAW FIRM CLEARY DID NOT KNOW ABOUT ARGENTINA'S PLANS FOR LEGISLATION TO MOVE DEBT DOMICILE TO ARGENTINA.

  • LONDON, Aug 20- Junior bondholders of Portugal's Banco Espirito Santo have selected law firm Shearman& Sterling to represent them in a challenge to the terms of the bank's rescue and will open discussions with the Bank of Portugal later this week, a source familiar with the situation said.

  • NEW YORK, Aug 19- Citigroup Inc's general counsel for its global consumer business, Stephen Simcock, is leaving the bank "to pursue another opportunity," a spokeswoman said on Tuesday. Anita Romero, formerly head of the corporate legal department, will replace Simcock, spokeswoman Elizabeth Fogarty said by email.

  • Aug 15- Deloitte LLP's Chief Executive Officer Joe Echevarria plans to retire later this month to follow his interest in public service, the accounting and consulting firm said on Friday. Deloitte LLP is the member firm of Deloitte Touche Tohmatsu Limited, a UK private company. Subsidiaries of Deloitte LLP include audit firm Deloitte& Touche LLP.

  • Aug 15- U.S. regulators are investigating the auditor of Cynk Technology Corp, the social media company that was briefly worth more than $6 billion in June before its shares plummeted, the Wall Street Journal reported, citing people close to the probe.

  • The SEC said Toth called his financial advisor and arranged to buy 5,000 shares of O'Charley's after his client revealed the impending acquisition during a tax-planning meeting. Nash bought 10,000 shares, while Schlossberg tipped his business partner, Moshe Manoah, and the two of them jointly bought stock using an account held by Manoah's wife, the SEC said.

  • *Recent successes include Spain's Gowex. LONDON, Aug 12- Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world.

  • SYDNEY, Aug 7- Australia may ease rules on a visa scheme aimed at luring investment from wealthy Chinese to help clear a backlog of applications and in the wake of complaints that disclosure requirements are too strict, lawyers and migration agents said.

  • FRANKFURT, Aug 5- Deutsche Bank named U.S.-Swiss lawyer Nadine Faruque to lead a reform of its regulatory compliance practices, as it battles to cut a long and expensive list of investigations and potential settlements that have dogged it since the financial crisis.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face an unusual three-year limit on trading physical U.S. benchmark crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, the CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • NEW YORK, Aug 4- Global oil trading house Arcadia and two well-known traders will pay $13 million and face three-year limits on trading benchmark U.S. crude to settle a landmark lawsuit over manipulating oil prices in 2008.. In 2011, CFTC alleged that Arcadia, a global oil trading firm owned by Norwegian billionaire John Fredriksen, its U.S.

  • NEW YORK, Aug 4- Three oil trading firms and two traders agreed to pay $13 million to settle a U.S. regulator's lawsuit accusing them of manipulating oil markets in 2008 as prices were soaring, leading to more than $50 million of illegal profit.

  • popular dating website intentionally misled couples about their suitability could open it up to a U.S. Federal Trade Commission inquiry, according to lawyers and experts in consumer-protection law.

  • At least eight European law firms are pitching their services to major U.S. law firms and Wall Street banks, hoping that U.S. companies considering an inversion choose Ireland, Britain or the Netherlands for their new tax domicile, according to people with knowledge of the matter.

  • *IFRS 9 published by Intl Accounting Standards Board. *EU endorsement needed to apply new rule in Europe. The IASB, whose rules are applied in over 100 countries, including Europe but not in the United States, said it was its final reform in response to the 2007-09 crisis.

  • NEW YORK, July 23- A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. New York- based BlueMountain Capital Management filed a lawsuit in the district court of Puerto Rico on Tuesday, claiming that the new law, known as the Recovery Act, runs counter to both the Puerto Rican and U.S. constitutions.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • NEW YORK, July 23- A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. New York- based BlueMountain Capital Management filed a lawsuit in the district court of Puerto Rico on Tuesday, claiming that the new law, known as the Recovery Act, runs counter to both the Puerto Rican and U.S. constitutions.