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Commercial and Professional Services Professional Services

  • WILMINGTON, Del., Oct 26- A Delaware judge on Wednesday ordered Lynn Tilton's Patriarch Partners to turn over documents detailing the complex holdings of $2.5 billion distressed debt funds that the embattled investor lost control of this year. However, one of the Zohar funds defaulted last year and Tilton's Patriarch Partners investment firm stepped down as...

  • WASHINGTON, Oct 26- Exxon Mobil Corp and accounting firm PwC must turn over documents related to the oil major's representations of the impact of climate change on its business and assets, the New York Supreme Court ruled on Wednesday. Attorney General Eric Schneiderman's office on Oct. 14 asked the court to compel PwC to comply with an August subpoena and hand...

  • Oct 21- An ex-board member at Nashville- based bank Pinnacle Financial Partners Inc pleaded guilty on Friday to charges that he engaged in insider trading based on confidential information he learned about an impending merger, according to court records. James Cope, a Tennessee lawyer who resigned from Pinnacle's board in April, pleaded guilty in federal...

  • The SEC also reached deals with Joaquin Alberto Dos Santos Almeida, an ex-vice president of operations; Karan Raina, an ex-director of operations; Julianne Chandler, a former corporate controller; and James Smith, an ex-executive vice president. According to the SEC, while working in Lime's utilities division, Almeida and Raina began recognizing millions of...

  • Comedy concert film " Kevin Hart: What Now?" The Emily Blunt thriller finished in a tie for second with " Kevin Hart: What Now? Anna Kendrick, J.K. Simmons, Jon Bernthal, Jeffrey Tambor and John Lithgow also star.

  • Oct 12- True Religion Apparel Inc, a U.S. denim company whose signature products have slowly fallen out of style, has hired law firm Kirkland& Ellis LLP to explore several debt restructuring options, according to people familiar with the matter. True Religion, the company's private equity owner, TowerBrook Capital Partners LP, and Kirkland declined to comment.

  • TORONTO, Oct 12- Canadian health benefit startup League Inc said on Wednesday it has teamed up with the insurance arm of backer Royal Bank of Canada as it expands into insurance, targeting the many small businesses offering no such benefits to employees. The company received a license on Friday to operate as an insurance broker in Ontario and expects to obtain...

  • LONDON, Oct 11- As Britain heads for the EU exit, financial firms intending to move London- based jobs to continental Europe face a costly choice: offer generous relocation and redundancy packages, or expect a flood of lawsuits from disgruntled staff. This is likely to mean setting up shop in a centre still in the bloc, such as Paris or Frankfurt.

  • Garment factory workers in Mumbai, Maharashtra in India.

    Tradeshift, the "social network for invoicing," sees serious potential in India's small business sector, CEO Christian Lanng told CNBC.

  • TORONTO, Oct 5- Canadian law firm Osler, Hoskin& Harcourt said on Wednesday it has launched a technology-based platform to support coverage of corporate deals and hired five people to help with the process. The team will be based in Ottawa and led by Natalie Munroe, who returned to Osler this year after spending a few years at Canadian lender Bank of Nova Scotia as...

  • NEW YORK, Oct 4- The scandal over improper sales practices at Wells Fargo& Co extended to thousands of small-business owners, according to a U.S. lawmaker, raising questions about the scope the bank's issues with unauthorized accounts. David Vitter, a Louisiana Republican, demanded that Wells Fargo Chief Executive John Stumpf provide a "full accounting" of...

  • NEW YORK, Oct 2- The U.S. Supreme Court is set to consider this week a closely watched insider trading case that could limit the ability of prosecutors to pursue such charges against hedge fund managers and other traders. It is the first time in two decades that the Supreme Court has taken up a case involving insider trading, a crime that the U.S. Congress has never...

  • *Lawyer hopes Bavaria will hear case that Hamburg rejected. FRANKFURT, Sept 30- German prosecutors are again considering whether to press charges against Mark Zuckerberg and other Facebook executives for failing to staunch a tide of racist and threatening posts on the social network during an influx of migrants into Europe. Attorney Chan-jo Jun, who filed a...

  • FRANKFURT, Sept 30- German prosecutors are considering once again whether to press charges against Mark Zuckerberg and other Facebook executives for failing to staunch a tide of racist and threatening posts on the social network during last year's migrant surge. Munich prosecutors have received a complaint filed by a German technology law firm two weeks...

  • LONDON, Sept 30- Perella Weinberg's eight partners in Europe shared profits of 11.5 million pounds in 2015 as the boutique advisory firm rode a wave of mergers and acquisitions to more than double its revenue from the region. Perella Weinberg does not rank in the top 25 advisory firms in Europe so far this year, the latest data from Thomson Reuters shows.

  • LAS VEGAS, Sept 30- By the time the Las Vegas Sands Corp tried to collect on the gambling debts last year, the two women owed $6.4 million, lost during a few disastrous days of baccarat. The attorneys for the women, Jeffrey Setness of the law firm Fabian VanCott and Kevin Rosenberg of Lowenstein& Weatherwax LLP, contend the Sands may have violated federal anti-money...

  • NEW YORK, Sept 28- Maurice "Hank" Greenberg, the 91- year-old former chairman of former American International Group Inc, said at his fraud trial that he never would have considered doing a transaction that failed to pass muster with the insurer's lawyers and accountants. The trial finally got under way this month after more than 11 years of pursuit by three New...

  • NEW YORK, Sept 27- Lawyers for Facebook Inc on Tuesday sought to assure a U.S. judge overseeing lawsuits by victims of militant attacks in the Middle East that it took a "zero tolerance" approach to any communications that may promote terrorist threats or activity. District Judge Nicholas Garaufis in Brooklyn on Thursday accused Facebook's law firm of insulting...

  • The lawsuit was filed in the federal court in San Jose, California, one day after Yahoo disclosed the hacking, unprecedented in size, by what it believed was a "state-sponsored actor." Ronald Schwartz, a New York resident, sued on behalf of all Yahoo users in the United States whose personal information was compromised. The attack could complicate Chief Executive...

  • Sept 23- Wells Fargo& Co's board hired law firm Shearman& Sterling LLP to advise on executive compensation and potential clawbacks, the Wall Street Journal reported, citing people familiar with the matter. Robert Mundheim, a lawyer at the firm, is advising the bank's board on whether it should claw back pay of Chief Executive John Stumpf, Chief Operating Officer...