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...The claims against Finma in the court in St Gallen are being organised by international law firms including Quinn Emanuel and London-based Pallas....
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...“We feel strongly that the Japanese precedent is driving incremental change in Korea,” said Smith, whose London-based fund Palliser Capital has called on Samsung C&T’s management to reform its capital allocation...
...Additional reporting by Robert Smith...
...The Bank of England, Lloyds Banking Group, RBS and law firms Freshfields and Farrer are among other institutions to have issued apologies, with some pledging to fund diversity initiatives....
...But the trustee eventually lifted its objection after the law firm provided more details of its previous work, and the court approved S&C’s hiring....
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...We start today with plans for a reshuffle at the top of Big Four accounting firm EY....
...Smith said “institutional bias” blocked management from probing sub-postmasters’ claims about Horizon further after Rod Ismay, formerly of audit firm EY, concluded the system was “robust” in a 2010 report...
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...A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour....
...The powerful US law firm had been cosying up to Sam Bankman-Fried for months in advance of the implosion of FTX in November 2022....
...The Federal Deposit Insurance Corporation on Monday hired law firm Baker Hostetler to review allegations of widespread sexual harassment, inappropriate behavior and discrimination at the US banking regulator...
...Law enforcement agencies including the FBI and the UK’s National Crime Agency have dealt a crippling blow to LockBit, one of the world’s most prolific cyber crime gangs....
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...The judgment was “hugely important” and restructuring experts would be “poring over” it, said Kate Stephenson, partner in European restructuring at law firm Kirkland & Ellis....
...The Big Read Industry figures say Kirkland & Ellis’s approach to business is more akin to a hedge fund or an investment bank than a law firm....
...US law firms are ending 2023 with pay rises and bonuses as they try to compete with rivals in spite of a slump in demand, though some lawyers face a cut to payouts if they break office attendance rules....
...Crypto firms recorded 11 fines versus an average of less than two a year for the previous five years, while payments firms incurred 27 fines against their average of about five a year from 2018 to 2022....
...Alessia Dulbecco, author of the book It’s Always Been Done This Way on gender education, says that Italian public attitudes are still “linked to the past”, when men were in firm control and violence was...
...US Supreme Court: The court hears arguments over the legality of Republican-backed state laws in Texas and Florida that constrain the ability of social media companies to curb content on their platforms...
...“Younger talent doesn’t want to take one job and work for 40 years and get a measly buyout when they’re done,” said Allan Koltin, M&A consultant to accounting firms....
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...Rachel Buckley, joint managing director at law firm The Family Law Company, says there are no hard and fast rules when it comes to this type of loan....
...That was before DD’s Robert Smith and FT investigative journalist Cynthia O’Murchu exposed that H2O had poured nearly €1.5bn into Windhorst’s network of rickety ventures back in 2019....
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