Banking & Finance

A bit more information

Twitter Investor Sues Elon Musk Over Share Disclosure Delay

13th April 2022
The complaint, filed on behalf of investor Marc Bain Rasella, accuses Musk of violating a regulatory deadline to disclose his stake in Twitter when it was at least 5%. Instead, Musk allegedly announced details of his Twitter shares only after they almost doubled. Under US Securities law, investors are required to disclose their shares within […]
Read full article

Divorcing Your Business Partner? Everything You Need To Know

12th April 2022
Amy Wilson Weymouth, Associate in the family team at Gardner Leader, explains everything you need to know about divorcing your business partner.  Setting up a business with your spouse can be an exciting and thrilling time. The possibilities are endless as you look to the future and work together to achieve your business dream. Often […]
Read full article

What Are My Rights If I Cannot Pay Back An Investor?

12th April 2022
It is very common for startups to use investors whether it is through angels or VCs to help build and grow their business. But, eventually, it can get to the point where the business does not grow and you become one of the 50% of startups that fail. So what does this mean to the […]
Read full article

Buy Now Pay Later Companies Change Terms

6th April 2022
Why the change in terms? Well, it's all about becoming fairer and easier to understand too. And the change comes after a review by the FCA (Financial Conduct Authority), which later encouraged companies to make changes to terms that were possibly harmful to consumers.  It turns out that Klarna, Laybuy, Openpay, and Clearpay must:  No […]
Read full article

Quincecare Duty Expanded: What Are the Implications for Banks?

1st April 2022
The Quincecare duty is in the spotlight again as the Court of Appeal extends the scope of the duty imposed on banks in cases of authorised push payment fraud.
Read full article

Law Firms Can Go Public: Why Don't They?

23rd March 2022
Throughout the history of the legal sector, it has always been clear that law firms are not like "normal" companies. Law firms never have CEOs, as a corporation would, with a partnership system in which those at the top are paid directly from the firm's profits, rather than receiving a fixed salary. Aside from the […]
Read full article

The Digital Services Act: No Longer The Wild West

8th March 2022
The world in 2022 looks very different than it did even five years ago. Shifts in economic, consumer, and working practices were already underway; Covid-19 has accelerated these changes at a pace once unimaginable. Central to many of these developments in how we work, live and shop is digital innovation, which brings with it new […]
Read full article

Trump’s Accounting Firm Says Former US President’s Financial Statements Cannot Be Relied On

15th February 2022
In a February 9 letter made public on Monday, Mazars USA told the Trump Organization that its financial statements for 2011 to 2020 should no longer be relied on.  The disclosure comes as part of New York Attorney General Letitia James’ civil investigation into the former US President’s New York-based real estate business. The investigation […]
Read full article

Credit Suisse To Face Investors’ Currency Rigging Lawsuit

2nd February 2022
Credit Suisse is the final bank defendant left in the antitrust litigation which began in 2013. Since, 15 other banks have reached $2.31 billion of settlements.  Investors claim Credit Suisse traders shared non-public pricing information with traders at other banks, including in an online chat room called “Yen Cartel.” US District Judge Lorna Schofield said […]
Read full article

Delivering Justice for SMEs

31st January 2022
Following the 2008 financial crisis, there was a wave of complaints by SMEs against banks that has yet to be fully resolved. How does the BBRS aim to tackle it?
Read full article
1 8 9 10 11 12 37
Connect with LM

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.