There are several reasons for this, like the stricter general power of attorney norms as well as higher stamp duty. The financier's profit margin is smaller in this scenario," added GP Tiwari (name changed), who invests in real estate. ...more »
Officer Fausto López's lawyer, William Matthewman, said in a statement that López client is innocent of the charge of driving recklessly, a second-degree misdemeanor, on the morning of Oct. 11, when Florida Highway Patrol Trooper DJ Watts stopped him ...more »
Specifically, the Complaint alleges that the Registration Statement and Prospectus failed to disclose that: (a) the Company improperly accounted for its prior business combinations in violation of Generally Accepted Accounting Principles, ...more »
Ireland's low Corporate Tax rate remains the key factor for attracting foreign direct investment from the US, new research from law firm Matheson Ormsby Prentice reveals. Matheson Ormsby Prentice represents 27 of the world's 50 largest banks and more ...more »
Speakers will include James Grimmelmann, an associate professor at New York Law School; Stephen Houck, an antitrust and commercial law attorney with the New York City firm of Menaker & Herrmann; and Frank Pasquale, the Schering-Plough Professor in ...more »
This report is based on data received during hundreds of hours of interviews with leading franchise law specialists around the world, and builds on more than a decade of research into this marketplace by Who's Who Legal. While the franchise model has ...more »
As the video gaming industry proceeds to challenge North Carolina's latest ban on video and Internet-based sweepstakes games in court, the state should stick by its legal guns. The industry's contention that the ban violates free speech seems ...more »
Renaissance said in August that it uncovered serious issues at Topaz, including financial misconduct and fraud. The firms said at the time that it was in bank talks to refinance short-and long-term loans at Topaz and to meet potential one-off expenses. ...more »
Minerco is planning to apply for the power purchase agreement by the end of this year. The project has secured all the necessary approvals and contracts from the Secretaria de Recursos Naturales y Ambiente, Honduras' natural resources and environmental ...more »
The demand is for lawyers with several years of experience in litigation, commercial transactions and health care, reflecting a modest uptick in work in those practice areas, the survey said. "Signs of a tightening talent market are becoming more ...more »
Nov 2 (Reuters) - The trustee for a bankrupt real-estate investment company has sued Foley & Lardner, claiming that the law firm helped orchestrate a Ponzi scheme that cheated investors out of hundreds of millions of dollars. Filed Monday in Delaware ...more »
US News also ranked Butler Rubin as a Tier 2 "Best Law Firm" in the areas of arbitration, commercial litigation and bankruptcy/reorganization. Best Lawyers named eight Butler Rubin attorneys as leaders in their fields: Louis J. Aurichio (Insurance Law) ...more »
The ultimate resolution of any securities class action is strengthened through the involvement of aggrieved shareholders and lead plaintiffs who have large financial interests. KSF also encourages anyone with information regarding HCA's conduct during ...more »
In a 126-page opinion, US Bankruptcy Judge Kevin J. Carey said neither plan was confirmable under the Bankruptcy Code and threatened to appoint a bankruptcy trustee to resolve the case if the company and its warring creditors can't come up with a ...more »
... Ssekanjako MPs have drafted a motion requesting Parliament to suspend Prime Minister Amama Mbabazi and Internal Affairs Minister Hillary Onek from the House. This comes a day after the launch of the adhoc committee to investigate the oil sector. ...more »
We saw significant interest in the property as a result a new lease was subsequently negotiated with MAX.” “Demand for serviced apartment accommodation has remained strong throughout the UK, and Manchester is no exception; the city is one of Europe's ...more »
This message needs to be coupled with the application of concrete economic penalties — from bans on United States-based energy projects to prohibitions on financial transactions that fall under American jurisdiction — that are intended to persuade ...more »
He was responsible for non-communications legal matters, including privacy, intellectual property and environmental law. Pai drafted a comprehensive revision of agency rules and procedures and led the Commission's response to the broadest Congressional ...more »
Georgia business leaders are concerned such delays, stemming from new identification requirements mandated by the law, will slow economic development at a time when the state can least afford it. Part of House Bill 87 requires people applying for ...more »
The under-construction College Park and District developments at the University of Texas in Arlington may give the city a more "downtown" feel. The $158 million College Park Center and District under construction in Arlington is expected ...more »
According to this story in the Newark Star-Ledger, records obtained by the Education Law Center in Newark show that of the first $13 million spent out of the total $148 million donated, about a third has been been spent since September 2010 to pay ...more »
The case was brought as the result of a complaint by a whistle-blower, Dr. Gabriel Feldman, an independent medical reviewer in a private agency under contract to the city. Dr. Feldman will receive $14.7 million of the $70 million settlement. ...more »
Financial services include mergers and acquisitions, capital raising and divestitures and country rollouts of technology are currently focused on Southeast Asia and Latin America. Tangerine Tango, co-launched March 2009 with Sustainable Development ...more »
1 (Bloomberg) -- H&R Block Inc. was barred by a federal judge from proceeding with its proposed $287.5 million acquisition of the maker of TaxAct products because it would diminish competition in the tax preparation market. ...more »
is set to introduce a resolution in Congress this week calling on the Obama administration and state attorneys general to ensure that any deal reached with the nation's biggest banks on foreclosure abuses includes full investigations into what happened ...more »
New York-based Lehman filed for bankruptcy in 2008 with $613 billion in debt. The case is In re Lehman Brothers Holdings Inc., 08-13555, US Bankruptcy Court, Southern District of New York (Manhattan).more »
Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by subsidiaries of The Allstate Corporation (NYSE: ALL). Through partnerships with nonprofit organizations across the country, The Allstate Foundation ...more »
An analysis of the firm's Chapter 11 filing by the International Business Times has found slightly over $2 million in the $10.17 million the company has not paid others for delivered good and services is owed to media companies, public relations firms, ...more »
The Complaint charges KV and certain of its officers with violations of the Securities Exchange Act of 1934. KV is a specialty branded pharmaceutical company with a primary focus in the area of women's healthcare. Throughout the Class Period, ...more »
Creditors—which include JPMorgan Chase and Deutsche Bank, according to the bankruptcy petition—won't be able to do anything just yet, says John La Liberte, chair of the bankruptcy and creditor rights group at Sherin and Lodgen in Boston. ...more »
The father of an unarmed man shot and killed by a Chicago police officer over the summer called Wednesday for Cook County State's Attorney Anita Alvarez to bring criminal charges against the officer. ...more »
15 in US Bankruptcy Court in Delaware to consider the motion for conversion to Chapter 7. Based in Uniondale, New York, NEC filed under Chapter 11 in June 2010, saying assets and debt were both less than $500 million. Liabilities included $74.3 million ...more »
The company that operates the Perkins Restaurants and Marie Callendar's chains has filed for Chapter 11 bankruptcy protection and will close 58 stores. Perkins & Marie Callender's Inc. has gotten a step closer to emerging from bankruptcy by the end of ...more »
Ron Wyden, D-Ore., was co-author of a law that protects online service providers from legal liability for content produced by their users. That means Google can let users freely post video on YouTube, and Facebook can let users write status updates and ...more »
ALEXANDRIA, Va., Nov 01, 2011 (BUSINESS WIRE) -- Appleby Law PLLC, an Alexandria, Virginia law firm founded on Nancy J. Appleby's 30-plus years of success at helping clients develop business opportunities on Native American lands, has received an ...more »
Beginning in November, ChinaNet is launching additional tailored services targeting American franchise business owners who are considering expanding into China. These services cover the full scope of a franchisor's development in China, ...more »
The new law relies heavily on the cooperation of other countries, such as China, to comply with implementation of inspection standards. Although the US runs a fat trade surplus with China in agricultural products due in part to China's appetite for its ...more »
Vernier, Switzerland, Nov 01, 2011 (Thomson Reuters ONE via COMTEX) -- Transocean Ltd. / Transocean Files Motion for Summary Judgment in US Federal Court to Compel BP to Honor Its Contractual Indemnity Obligations . Processed and transmitted by Thomson ...more »
That's an unfair choice that people have to make.” Edward S. Finley Jr., chair of the commission, opened the meeting by explaining the rate case process. After the public hearings conclude, the NC Utilities Commission will issue a written order ...more »
A “Local Sales and Use Tax Referendum” on the ballot this Election Day is designed, in part, to make sure more students in need can afford to go to the local community college. The quarter-cent tax, if passed, would bring an estimated $9.2 million ...more »
That said, here is a sampling of the companies that are acting like venture capitalists: Visa: The credit-card company had a thriving venture capital arm in the 1990s, but it's unclear now if it has a dedicated amount set aside for startup investing. ...more »
