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We examine how senior in-house lawyers are adapting to new business needs in a monthly series. This time: ethical dilemmas
...Thames Water and Southern Water only mapped the pipes as they worked on them, leaving a large proportion of the network unchecked, the two companies revealed in responses to freedom of information requests...
...Leaver said: “In the absence of dividends, which are often used to service the debt at the holding companies, the financial companies will go bust pretty quickly.”...
Apas stops short of establishing criminal intent in Big Four firm’s conduct
...The FTSE 250 company, which offers investing and spread betting services, is currently manually refunding clients after an IT glitch resulted in money being mistakenly removed from a number of Isa accounts...
...The Big Four firm had issued unqualified audits for almost a decade for the once-celebrated German tech company, which collapsed in June 2020 in one of Europe’s largest accounting scandals....
...The company cancelled its secondary listing on Euronext Dublin in January in favour of admitting its shares to trading in New York, freeing the company from EU rotation requirements, as such rules do not...
...Airbus has walked away from talks with Atos over a potential deal to buy its prized data and security business, imperilling efforts by the French IT services company to avoid going into debt restructuring...
...to German security services....
...For example, one document claims the public security bureau in the southern city of Haikou paid Rmb220,000 ($31,000) for “data from four email inboxes” in 2018....
...The fact is that a large chunk of the company’s core brokerage services remains under pressure. Business has picked up with interest rate rises....
...Negotiations between highly indebted IT services company Atos and its lenders are hanging in the balance after one of its biggest creditors, Crédit Agricole, signalled it wanted to walk away....
...But the hedge fund’s employees are in good (ie rich) company....
...From there, short-distance “feeder” services ferry goods to other southern European terminals....
...Its services arm, which includes income from the App Store, video streaming arm and Apple Music, has steadily increased as a proportion of the company’s total revenues, which is still dominated by sales...
...In March, Southern Water raised its expected expenditure by 8.5 per cent before inflation and said it now expected average annual customer bills to rise 74 per cent, the biggest price increase in the UK....
...The four biggest southern European economies have outgrown Germany by about 5 per cent since 2017, underlining the region’s two-speed recovery from recent shocks....
...of service,” Xie said....
...The regulator has requested a penalty of just under $4.2bn, alongside an additional $545mn in prejudgement interest, according to a recent filing to the Southern District of New York....
...TLcom is pushing to broaden its portfolio companies to southern Africa and Egypt as it seeks to cement its presence in the continent’s four largest markets to attract investment....
...Legal services AI that can automate data collection and analysis is also much in demand — and legal services providers have been early adopters....
...MainFT has previously reported the company’s history of run-ins with regulators....
...However, rapid wage growth kept services prices rising at a steady rate of 3.4 per cent in Europe’s largest economy....
...Software development companies must therefore convince investors and customers that AI will enhance existing services, not replace them. San Francisco-based GitLab is doing a good job of that....
...As a result, Madrid is dominated by digital services, ecommerce and real estate start-ups; whereas, in Barcelona, it’s fintech, mobility, logistics, design and, above all, health....
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