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  • April 5- Healthcare payment processing and auditing company Cotiviti Corp, owned by private equity firm Advent International Corp, said it confidentially filed for an initial public offering. Advent has hired JPMorgan Chase& Co and Goldman Sachs Group Inc as lead coordinators of the offering along with five other banks, Bloomberg reported on Tuesday, citing...

  • *France puts Panama back on blacklist. LONDON/ REYKJAVIK, April 5- Iceland's Prime Minister Sigmundur David Gunnlaugsson is to resign, his party said on Tuesday, becoming the first casualty of leaked documents from a Panamanian law firm which have shone a spotlight on the finances of an array of politicians and public figures worldwide. Among those named in them...

  • *France puts Panama back on blacklist. LONDON/ REYKJAVIK, April 5- Iceland's Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said. Earlier on Tuesday, Gunnlaugsson had asked Iceland's president to...

  • *France puts Panama back on blacklist. LONDON/ REYKJAVIK, April 5- Iceland's Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said. And in China, the Beijing government dismissed as "groundless" reports...

  • An employee checks labels of "Naranja Agria" on the bottling line at the Badia Spices factory in Doral, Florida.

    The index hit 54.5 in March, higher than the 54 expected by Wall Street.

  • *Leaders of Britain, Argentina, Pakistan mentioned. LONDON/ PANAMA CITY, April 4- Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies. The "Panama Papers" revealed financial...

  • "The U.S. Department of Justice takes very seriously all credible allegations of high level, foreign corruption that might have a link to the United States or the U.S. financial system," said Peter Carr, spokesman for the Justice Department's criminal division. The "Panama Papers" revealed financial arrangements of tens of thousands of rich and powerful people,...

  • *Russia says allegations part of anti-Putin campaign. LONDON/ PANAMA CITY, April 4- Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies. The "Panama Papers" revealed financial...

  • *Russia says allegations are anti-Putin campaign. LONDON/ PANAMA CITY, April 4- Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies. The " Panama papers" revealed financial...

  • SYDNEY/ PANAMA CITY, April 4- Tax authorities in Australia and New Zealand are probing local clients of a Panama- based law firm at the center of a massive data leak for possible tax evasion. The leak involves more than 11.5 million documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama, revealing details of hundreds of thousands of...

  • "China is still fundamentally looking at this as though it is an IP taker rather than an IP creator," said Lester Ross, a partner at law firm Wilmer Hale's Beijing office. China's antitrust policies are worrying its trading partners, including the United States, which issued a joint statement with China during President Xi Jinping's state visit to Washington last...

  • NEW YORK, March 30- A federal judge dismissed an unusual lawsuit in which CVR Energy Inc accused the powerful Manhattan law firm Wachtell, Lipton, Rosen& Katz of malpractice tied to the company's 2012 hostile takeover by billionaire investor Carl Icahn. District Judge Richard Sullivan in Manhattan said he was bound by a February 2015 ruling by a New York state...

  • SAO PAULO, March 24- In the midst of Brazil's worst recession in decades, lawyer Thiago Jabor Pinheiro switched firms to focus full-time on one of the only booming fields in the scandal-plagued country: compliance and corporate ethics. The scandal broke just as a tough new anti-corruption law went into effect in Brazil, raising the risk of prosecution for scores...

  • LONDON, March 21- A British vote to leave the European Union would threaten some prescription medicines with regulatory limbo, posing a legal headache for drugmakers, according to lawyers and industry officials. Smaller UK biotech companies, represented by the BioIndustry Association, also fear a decision to leave would disrupt the market and could affect...

  • *SFO's third Libor trial to kick off April 4. LONDON, March 17- Britain's Serious Fraud Office faces a fresh challenge on Friday when it is expected to try to bring four Germans and a Frenchman to London to face rate-fixing charges, a source familiar with the matter said. This view was echoed by Sara Teasdale, partner at law firm Byrne and Partners: "announcement begs...

  • *SFO's third Libor trial to kick off April 4. LONDON, March 17- Britain's Serious Fraud Office faces a fresh challenge on Friday when it is expected to try to bring four Germans and a Frenchman to London to face rate-fixing charges, a source familiar with the matter said. This view was echoed by Sara Teasdale, partner at law firm Byrne and Partners: "announcement begs...

  • *Hedge fund managers in bid to save licenses amid closure threat. HONG KONG/ SHANGHAI, March 17- China's hedge fund industry has been thrown into disarray as managers rush to comply with stringent new rules, introduced overnight, that could see over half the industry shut down by August, fund managers and lawyers told Reuters. "It is very difficult for the regulators...

  • WASHINGTON, March 16- U.S. Supreme Court nominee Merrick Garland has been sympathetic to government regulators in his almost two decades as an appeals court judge, frequently rejecting business-led challenges to federal action. His overall record, however, suggests he is a moderate who follows Supreme Court precedent and is not eager to spearhead efforts to...

  • WASHINGTON, March 16- U.S. Supreme Court nominee Merrick Garland has been sympathetic to government regulators in his almost two decades as an appeals court judge, frequently rejecting business-led challenges to federal action. His overall record, however, suggests he is a moderate who follows Supreme Court precedent and is not eager to spearhead efforts to...

  • March 16- Investors in Caesars Entertainment Corp were scrambling on Wednesday to grasp the cost from a court-ordered investigation that said the casino company could face $5 billion in potential damages from the bankruptcy of its operating unit. Examiner Richard Davis and an army of lawyers investigated claims by creditors that the operating unit was...