Your source for the latest developments in the legal world. Our Legal News section provides timely updates on significant legal cases, regulatory changes, judicial decisions, and other key events that shape the legal landscape globally.
In the first ‘reverse cross border merger’, a UK company (Formenta Limited), has been ‘absorbed’ by a European-based subsidiary (Newco Immobiliare S.R.L) in a legal first that is set to be copied by companies with pan-European corporate structures responding to the UK’s vote to leave the EU. The merged entity will be known as (Newco […]
Despite a strong year-end performance by the stock market and a post-election jump in confidence among consumers and businesses, limited information on the new Administration's potential economic policies led to a conservative 2017 growth projection of 2.0%, according to the Fannie Mae Economic & Strategic Research (ESR) Group's January 2017 Economic and Housing Outlook. Improved consumer spending […]
In today's multigenerational workforce, most executives agree that each age demographic exhibits its own styles and approaches. CFOs in a Robert Half Management Resources survey said they see the greatest generational differences in employees' communication skills, ability to adapt to change and technical abilities. Only 7% of executives noted there are no differences. CFOs were […]
A class action lawsuit seeking $250 million in damages on behalf of Canadian purchasers of 2014-2016 diesel Jeep Grand Cherokees and Dodge Ram 1500 trucks was commenced on January 16th, 2017 in the Ontario Superior Court of Justice. The class action alleges that on January 12th, 2017, the US Environmental Protection Agency (EPA) issued a […]
All eyes were on the Supreme Court last Tuesday morning, when it published its decision in the Article 50 case. But according to a new survey, only about a third of Britons are familiar with the court. The survey, carried out for the University of East Anglia (UEA), found the proportion of people who are […]
The eleven justices of the Supreme Court heard evidence over four days in December before handing down their judgment today, establishing, by a margin of eight to three, that the UK Parliament must have a vote on whether the government may begin the official Brexit process, triggering Article 50. The Supreme Court also ruled that […]
With conflict in South Sudan now entering its fourth year and its people facing dire humanitarian challenges, the United Nations refugee agency has revised upwards its funding requirements for 2017 to address new needs of those who have been displaced due to renewed fighting, increased violence and resulting food insecurity since July last year. The […]
Annapolis Group, a Nova Scotia company, recently gave notice of its intention to commence legal proceedings against Halifax Regional Municipality (HRM), claiming approximately $120 Million in damages. HRM has effectively expropriated - without compensation - Annapolis' Blue Mountain - Birch Cove Lake lands. On September 6th 2016, HRM finally refused Annapolis' request to initiate secondary […]
The team at Legal Floris LLC is helping FBME Bank customers recover their funds. Legal Floris LLC currently represents 1,000+ FBME Bank customers who are seeking recovery of funds. FBME Bank (the Federal Bank of the Middle East) recently lost its license for banking after a long and winding journey of problems. Legal Floris has […]
There are now over 800 lawyers in the UK working for ‘virtual’ law firms as advances in technology drive the rise of a new business model in the legal sector, shows new research by Hazlewoods, Chartered Accountants and Business Advisors who specialise in the legal profession. A ‘virtual’ law firm is a decentralised legal practice […]
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