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Donald Trump
Donald Trump’s lawyers say he cannot raise bond in $464mn New York fraud case
...In a statement, Trump claimed “Crooked Joe Biden and his Maniac Persecutors” were trying to take away his “Magnificent Business, which helped rebuild New York City and State”, calling the bond amount “unConstitutional...
March 18, 2024
Sovereign bonds
The looming New York sovereign debt bills debacle
...The third bill is less threatening as champerty has long been part of New York State law and its effect is known....
April 22, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...Two law professors have claimed that Sullivan & Cromwell put its own interests before that of FTX’s stakeholders, reviving criticism over the law firm’s role in the bankrupt cryptocurrency exchange’s rise...
March 26, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Instead, he had to settle for the moral support of Andrew Giuliani, the son of the former New York City mayor and his erstwhile lawyer Rudy....
April 23, 2024
Harvey Weinstein
Harvey Weinstein’s rape conviction in New York overturned on appeal
...If it’s the former president of the United States or the most storied Hollywood producer of our generation,” Aidala added....
April 25, 2024
Donald Trump
Donald Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...But Trump is also the man who, to this day, refuses to apologise for buying a full-page advertisement in The New York Times in 1989, calling for the state to reinstitute the death penalty for the Central...
April 20, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Sovereign bonds
New York moves to rewrite law on sovereign debt default recovery
...Draft legislation submitted to the New York State Assembly last week resurrected a proposal for the state’s courts to limit creditors’ recoveries on debts governed under New York law to what is typically...
March 6, 2024
Education
Columbia president Minouche Shafik at centre of campus turmoil
...Additional reporting by Joshua Chaffin in New York and Claire Jones in Washington...
April 25, 2024
Due Diligence
Czech’s in the Royal Mail Premium content
...In December, Han Sun Law Offices opened a New York outpost, months after setting up in Singapore. DeHeng Law Offices landed in Laos last year, while Yingke Law Firm opened an office in South Africa....
April 18, 2024
US society
Columbia University’s ‘Gaza encampment’ becomes centre of US stand-off
...Rudy Giuliani, New York’s former law-and-order mayor-turned Trump lawyer, passed by the campus in a limousine on Tuesday evening....
April 24, 2024
Donald Trump
Trump trial opens with allegations he tried to ‘corrupt’ 2016 US election
...The outcome of that challenge has no bearing over the New York case, which has been brought under state rather than federal law....
April 22, 2024
Accountancy
Trump Media auditor has faced repeated criticism from regulators
...Last month, the Colorado State Board of Accountancy fined Ben Borgers $5,000 and issued a “letter of admonition” after ruling that he had failed to conduct retirement plan audits with “due care”....
April 6, 2024
US banks
FDIC ponders tighter checks on big ‘passive’ investors in US banks
...Republican board member Jonathan McKernan and the Democratic chair Martin Gruenberg are each crafting measures that would demand new requirements of funds that hold more than 10 per cent of a bank’s shares...
April 22, 2024
The FT ViewThe editorial board
A justifiable ban on US non-compete clauses
...While dozens of states have some limitations, only four have banned such clauses entirely....
April 25, 2024
Donald Trump
Donald Trump dealt series of setbacks in efforts to stop criminal cases
...However, on Thursday, the New York attorney-general raised concerns about the validity of the $175mn bond....
April 4, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Gillian Tett
A rotten system for sovereign debt restructuring needs fixing
...However, the other factor is Albany, the chilly New York state capital. Yes, really....
March 7, 2024
Letter
Letter: Flaws in New York State’s well-intended debt plan
...States that did not wish to be bound by rulings could simply ignore enforcement, leaving the New York body powerless and without credibility....
March 13, 2024
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...New York state lawmakers voted to ban the contracts last year, only to be vetoed in December by the state’s Democratic governor, Kathy Hochul, after an uproar from Wall Street groups....
April 24, 2024
Due Diligence
The $1mn fees roiling Miami’s golf clubs Premium content
...York for Miami has put a strain on everything in the Sunshine State....
April 11, 2024
Donald Trump
Donald Trump’s legal woes come to a head in his hometown of New York
...If he was not successful on appeal, he warned, “New York state is gone”....
February 17, 2024
Donald Trump
Trump claims he may need ‘fire sale’ to pay $464mn fraud judgment
...Additional reporting by Joe Miller and Joshua Chaffin in New York...
March 19, 2024
Letter
Letter: German cannabis move makes financial sense too
...Ian Hamilton Associate Professor in Addiction, University of York, York, North Yorkshire, UK...
April 18, 2024
Donald Trump
Donald Trump ordered to pay more than $350mn in New York fraud case
...His adult sons Donald Jr and Eric were ordered to pay more than $4mn each and individually barred from doing business in New York state for two years....
February 16, 2024
Mortgages
High mortgage rates lead to rise in lending scams
...But BetterMed is not on a list of licensed lenders or mortgage brokers in the province of Ontario. The New York Department of Financial Services also has no registration for BetterMed....
April 10, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...McCormick ruled the Tesla board was insufficiently independent of Musk, and that the governance process leading to the grant as well as the value of the shares had been “unfair” to other shareholders....
March 2, 2024

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