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Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...A group of former partners has hired the law firms Brown Rudnick and Sweeney, Scharkey & Blanchard to represent them, according to people familiar with the matter, after being dissatisfied with an improved...
April 11, 2024
Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...But Glass Lewis said shareholders could have been given a “more thorough rationale” for his “significant” base salary and further detail on how his pay compares with rivals....
April 4, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Centerview Partners LLC
Ex-Centerview banker did not clinch partner deal at meeting, US court rules
...banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago, a Delaware corporate law...
April 23, 2024
Telegraph Media Group Ltd
UK government considers changes to the law to block Telegraph takeover
...The deal is awkward for Downing Street given the government has endorsed Abu Dhabi funds flowing into the British economy via deals struck over key assets in the life sciences sector....
March 11, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
March 25, 2024
Jane Street Capital
Jane Street loses bid for restraining order against Millennium
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
April 19, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
...As the FT reported in 2020, Apollo’s outside law firm, Paul, Weiss, conducted an investigation about the firm’s expense practices....
March 27, 2024
Deloitte Touche Tohmatsu LLC
Deloitte rolls out AI chatbot to employees
...Law firm Allen & Overy has also created an AI contract negotiation tool that drafts new agreements that lawyers can then amend or accept....
January 8, 2024
Cruise LLC
GM’s driverless car unit Cruise probed over dragging incident
...Cruise on Thursday said it was co-operating with law enforcement agencies....
January 25, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...In particular, Microsoft’s $13bn partnership with OpenAI, which has given it access to the much-hyped ChatGPT model, has been a blow to Google and has driven its rival to become the most valuable listed...
April 18, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...The £600mn takeover of the Telegraph Media Group by Abu Dhabi-backed RedBird IMI could face an in-depth regulatory review, giving the UK government more time to change the law to formally block the deal...
March 19, 2024
Millennium Management LLC
Jane Street accuses Millennium and two ex-employees of strategy theft
Lawsuit sets up rare public clash between two big Wall Street rivals
April 12, 2024
Unhedged
What Big Tech antitrust gets wrong Premium content
...So it pays to listen to Herbert Hovenkamp, the pre-eminent scholar of US antitrust law and a professor at Penn Law School....
January 19, 2024
News in-depthPersonal Finance
Pressure grows to reform cohabiting couples’ rights
...Often the woman will have given her career to care for children,” says Kathryn Cassells, a senior associate solicitor at Vaitilingam Kay Solicitors....
April 24, 2024
Mergers & Acquisitions
EU wrong to block Illumina’s $8bn takeover of Grail, says court adviser
...that member states may not request the commission to examine a concentration which does not have a community dimension, even where they have no competence to review such a concentration under national law...
March 21, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...Linklaters has elected 27 new partners globally, with the majority falling within the law firm’s corporate division....
March 28, 2024
Angela Rayner
Police launch probe into claims Angela Rayner broke electoral law
...However, Scott Wortley, a lecturer in law at the University of Edinburgh, pointed out that any prosecution should have been launched within a year of the commission of an offence....
April 12, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...At the same time, given China’s strict regime for keeping geospatial and customer data in country, analysts see serious challenges for multinational companies seeking to make inroads in the Chinese driverless...
January 31, 2024
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...Apollo previously submitted a takeover bid of more than $26bn, which would have given shareholders a large cash premium to Paramount’s trading price, but it was rebuffed....
April 19, 2024
John Gapper
Google and Apple’s app stores are cash machines
...The fact that iPhone users must download apps solely from Apple’s store, while 90 per cent of apps on Android phones are downloaded through Google Play, has given both companies great power....
December 15, 2023
Letter
Letter: Why announcing non-dom policy on the hoof is tricky
...James BadcockTax Lawyer, Winslows Tax Law: Co-chair, UK Chapter of the British-Swiss Chamber of Commerce, London W1, UK...
April 22, 2024
Disrupted Times
Brussels blasts Big Tech
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
March 25, 2024
News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...But it was his early career as a lawyer in Australian rugby league that provided the blueprint for the Barings raid, which has given Weightman a whole team of private credit experts for his nascent investment...
April 7, 2024
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...In return, Epic says these manufacturers were given a cut of Google’s profits....
December 12, 2023
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...If the Senate passes the bill, it will then go to President Joe Biden’s desk to be signed into law. Biden has vowed to sign the bill if it passes....
March 14, 2024

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