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Law
US seeks clawback of fees paid to law firm with ties to top bankruptcy judge
...The Office of the US Trustee, which represents the government’s interest in bankruptcy cases, has asked a court in Texas to reverse the award of fees made to the firm Jackson Walker in 26 cases overseen...
November 3, 2023
UK banks
Iran used Lloyds and Santander accounts to evade sanctions
...In 2021 Pisco’s Santander account received a transfer from a Chinese company called Black Tulip, which internal PCC records show is another trustee company controlled by a PCC employee....
February 5, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthVenezuela
Hedge fund manager arranged Boris Johnson’s trip to meet Venezuela’s Maduro
...He is also a trustee of the Aspinall Foundation, an animal conservation charity which hired Carrie Johnson — Boris’s wife — as head of communications in 2021....
March 15, 2024
Climate change
US pushed behind scenes for approval of corporate carbon offset plan
...Kerry’s then office asked the group to allow companies to cancel out some of their emissions by purchasing carbon credits, SBTi chief executive Luiz Amaral told staff in October 2022....
April 21, 2024
PwC
PwC to reverse controversial US tax split
...PwC plans to reverse a controversial restructuring of its tax practice in the US after just three years, in a strategy U-turn under its incoming senior partner Paul Griggs....
April 18, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...Bilal Mirza, commercial litigation partner in the London office of law firm JMW Solicitors, says whenever you travel it is vital to have appropriate and adequate travel insurance....
March 27, 2024
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
War in Ukraine
Slovakia’s prime minister U-turns on Ukraine support during visit
...Slovakia’s Russia-friendly prime minister has made an unexpected U-turn on Ukraine, pledging support on his first trip to the war-torn country only days after questioning its sovereignty....
January 24, 2024
Inside BusinessSujeet Indap
Test case looms for companies seeking US bankruptcy protection
...The DoJ’s bankruptcy court affiliate, the Office of the US Trustee, in a court filing now argues that Sorrento deployed “an abusive venue manufacturing scheme” to improperly land in Houston....
February 26, 2024
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...The office of the US Trustee, a part of the Department of Justice that represents the public interest in bankruptcy cases, initially objected to S&C’s retention, arguing that the law firm had failed to properly...
March 26, 2024
News in-depthLabour Party UK
Labour’s political credibility questioned after green spending U-turn
...Starmer finally dismantled the plan on Thursday after the party had spent several months rowing back on its original commitment to spend £140bn during its first five years in office should it win the general...
February 9, 2024
Rail
Government orders U-turn on rail ticket office closures in England
...Senior railway executives privately expressed frustration at the U-turn....
October 31, 2023
Property sector
Don’t bank on office-to-home conversions
...— At the same time, the U.S. faces a shortage of residential housing....
February 28, 2024
Bankruptcy
The US scourge of venue shopping
...Cliff White headed the Justice Department’s bankruptcy “watchdog” unit, the US Trustee Program, for 17 years prior to his retirement in 2022....
March 28, 2024
Rail
England’s train operators brace for further budget cuts
...Train operators in England had been planning to generate significant savings from the mass closure of ticket offices, but the government ordered a U-turn in October following a public backlash....
December 28, 2023
FT Live
Innovative Lawyers Summit
Guiding business in a new global age
Wednesday, 11 SeptemberLondon, UK
EU rule of law
Robert Fico closes Slovakia anti-corruption office despite EU warnings
...Fico last month performed a U-turn on the latter issue and pledged to maintain help for Ukraine....
February 8, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
February 18, 2024
Slovakia
Slovakia’s Robert Fico under pressure to ditch plan to close anti-corruption office
...But he has since U-turned on some of his pre-election pledges, notably his promise to end arms shipments to Ukraine....
February 2, 2024
Your QuestionsLucy Warwick-Ching
Can I be a trustee if I’m the main beneficiary?
...Priya Sejpal, property litigation partner in the London office of JMW Solicitors, says being a landlord needs to align with your financial plans, risk tolerance and lifestyle preferences....
August 9, 2023
Instant InsightCamilla Cavendish
Cynicism about Sunak’s net zero U-turns is understandable
...His government even refused to join Spain and France in asking shops and offices to turn down the heating in the first months of the Ukraine war....
September 20, 2023
Transcript
Is Rishi Sunak’s net zero U-turn a vote-winner?
...This is an audio transcript of the Political Fix podcast episode: ‘Is Rishi Sunak’s net zero U-turn a vote-winner?’...
September 22, 2023
Purdue Pharma LP
US Supreme Court grapples with Sackler liability releases in Purdue bankruptcy
...The Office of the US Trustee, a division of the justice department that oversees the bankruptcy, has said those releases are unlawful because the Sacklers did not file for Chapter 11 bankruptcy protection...
December 4, 2023
News in-depthMike Johnson
Inside House Speaker Mike Johnson’s conversion on aid for Ukraine
...In retrospect, people familiar with the Oval Office meeting now argue it was pivotal to Johnson’s willingness to negotiate....
April 24, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...It opened offices in London and Dublin last year....
April 4, 2024
US presidential election 2024
Nelson Peltz to vote for Trump over fears of Biden’s ‘mental condition’
...The activist investor, currently embroiled in a proxy fight with Disney, said his Trump U-turn partly stemmed from concerns about the 81-year-old Biden’s fitness for office....
March 19, 2024

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