Claims / Legal
Law Firm Kirkland Builds Leading M&A Practice On Big Hires, Deals
The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software ...
Barclays Wins Dismissal Of U.S. Shareholder Lawsuit Over LIBOR
Barclays Plc, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money ...
Fed Queries Bloomberg Over Reporters’ Access To Client Data
Bloomberg LP customers, including the U.S. Federal Reserve and the U.S. Treasury, were examining on Saturday whether there could have been leaks of confidential information, even as the media company ...Banks In Cyber Heist Face Hurdles To Get Money Back
Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, ...
Cell Phone Distracted Driving Crashes Under-Reported
Large state-by-state variations in the number of reports of fatal auto crashes that involve cell phone use are just one indication that these cases of distracted driving are under-reported, the ...Business Frets At Terrorism Tag Of Marathon Attack
President Barack Obama's declaration that the Boston Marathon bombings were an act of terrorism could make it difficult for many affected businesses to be reimbursed for losses resulting from the ...
London Courts Popular Destination for ‘Legal Tourists’
Foreigners brought almost two-thirds of all lawsuits heard in London's leading commercial court over the last five years, according to a new survey, cementing the city's reputation as the venue of ...Global Cyber Bank Theft Raises Security, Insurance Questions
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 ...