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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
...“trustee agreements” and nominee directors....
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
Climate change
US pushed behind scenes for approval of corporate carbon offset plan
...One independent trustee, Iván Duque, the former Colombian president, also holds an unpaid position on the steering committee of the African Carbon Markets Initiative, which seeks to scale the carbon credit...
April 21, 2024
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
PwC
PwC to reverse controversial US tax split
...The assurance business will be run by Deanna Byrne, head of PwC’s Philadelphia office, and advisory will be led by Tyson Cornell, leader of its cloud and digital practice....
April 18, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...to act as a trustee in place of the deceased trustee....
March 27, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
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
...in the city of Uzhhorod, near the Slovak border....
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
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
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
Rail
Government orders U-turn on rail ticket office closures in England
...Plans for the mass closure of railway ticket offices in England have been scrapped after the government intervened following a public backlash....
October 31, 2023
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
Your QuestionsLucy Warwick-Ching
Can I be a trustee if I’m the main beneficiary?
...A trustee always has to balance the needs of present and future beneficiaries....
August 9, 2023
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
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
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
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
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
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
EU rule of law
Robert Fico closes Slovakia anti-corruption office despite EU warnings
...One of the anti-corruption office’s tasks has been to monitor the disbursement of EU funds....
February 8, 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
The Big Read
The downfall of the judge who dominated bankruptcy in America
...‘Closed insider system’ Early in November, the Office of the US Trustee, a Justice Department agency that oversees bankruptcy administration, released the findings of its preliminary investigation....
November 21, 2023
News in-depthMike Johnson
Inside House Speaker Mike Johnson’s conversion on aid for Ukraine
...Yet by February of this year, it was Biden himself who applied pressure, summoning Johnson to the Oval Office and urging him to stop stalling over a funding bill for Kyiv and Israel that had passed the Senate...
April 24, 2024
Edward Luce
Biden’s polite Trumpism on China
...When Donald Trump came to office, he scrapped the US-China strategic and economic dialogue that was set up by George W Bush and expanded under Barack Obama....
April 17, 2024

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